Steel News

Bankruptcy & Restructuring

Reorganizations of companies; their operations and personnel; and their debts.

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Italy Moves to Repossess Its Largest Steelworks 

20 Feb 2024 - The Italian government is placing the operator of the country's largest steelworks into special administration, removing control from majority owner ArcelorMittal.

Italy Takes Steps to Repossess Its Largest Steelworks

19 Jan 2024 - The Italian government is moving to put the former ILVA steelworks under special administration after failing to agree with majority owner ArcelorMittal on a capital injection plan, reports the (London) Financial Times.

Report: Danieli, Metinvest Stepping In to ILVA Plant  

17 Jan 2024 -  Italian plant manufacturer Danieli and Ukraine’s Metinvest have reached an agreement with the Italian government to reboot the former ILVA plant in Tuscany, according to the Reuters news service. 

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