Italy: ArcelorMittal lawyers hope to reach agreement over Ilva plant

A lawyer representing the world's largest steelmaker ArcelorMittal said there were grounds to reach an agreement with the Italian government over the former Ilva steel plant, after the firm tried to walk away from a 2018 deal to buy the steelworks located in Taranto. «I would say there are grounds for a negotiation which can lead to an agreement,» stated Enrico Castellani, lawyer for the... Еще commissioners for the former Ilva company, which was bought out by ArcelorMittal in November 2018, while speaking to the press after a Milan court postponed the hearing to December 20. Both Castellani and ArcelorMittal lawyer Ferdinando Emanuele stressed that the judge will issue a statement regarding Wednesday's postponement. The Italian government and the steelmaker are in dispute over pollution levels and the company's legal position, while Rome is considering options to keep the plant open and save thousands of jobs at Europe's largest steel production plant.

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