Explainer: ArcelorMittal's Italian venture runs into legal and financial woes
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ROME (Reuters) - ArcelorMittal said this week it was withdrawing from a deal to buy Italy's struggling steel firm Ilva after the government scrapped previous guarantees of legal immunity during an environmental clean-up at its plant.The decision puts at risk thousands of jobs in Italy's underdeveloped south, threatens supply for Europe's second-largest steel consumer, and has led to ructions within the ruling coalition. Here is an explanation of what has gone wrong and why the issue is so..