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Italy’s Top Court Upholds Shutdown of Former Ilva Steelworks, in Setback to Meloni
The ruling adds uncertainty for the plant’s 8,000 direct employees and may complicate a sale process already drawing investor interest.
- On Thursday, Italy's Supreme Court upheld a lower court ruling ordering the shutdown of blast furnaces at the former Ilva steelworks in Taranto on health and environmental grounds.
- Environmental and health concerns have dogged the steelworks for decades, making it one of Italy's most politically sensitive industrial disputes; the Court of Cassation described the earlier Milan ruling as "correct and reasonable."
- This ruling hampers Prime Minister Giorgia Meloni's government rescue efforts, adding uncertainty for the plant's roughly 8,000 direct employees; Rome has committed around 5 billion euros to the steelmaker since 2022.
- The company previously warned that closing blast furnaces could lead to permanent plant shutdown, prompting the government to extend the binding bid deadline to November 9 for potential investors to assess legal implications.
- India's Jindal Steel International remains the leading bidder, while a consortium coordinated by Federacciai has expressed interest in selected assets, as Meloni pledged her government would do "whatever it can" to safeguard production.
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25 Articles
25 Articles
The Court of Cassation rejected all actions brought by Acciaierie d'Italia and Ilva against the closure of the hot zone of the Taranto plant. The decision...
·Rome, Italy
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Both of Acciaierie d'Italia and Ilva in extraordinary administration (ANSA)
·Rome, Italy
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The Court of Cassation has confirmed that the hot area of the plant in Taranto cannot continue to operate
·Italy
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Taranto Must Stop. The Cassation Rejects Appeals Against the Stop of the Hot Area of the Former Ilva
Industrial plant harmful to human health due to the emission of dust into the atmosphere and the presence of asbestos in blast furnaces. The decree of the judges of Milan therefore remains valid.
·Italy
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Italy's top court upholds shutdown of former Ilva steelworks, in ...
·London, United Kingdom
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Total News Sources25
Leaning Left5Leaning Right0Center5Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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