Italian government, ArcelorMittal dig in over Ilva row
Share:
MILAN (Reuters) - Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government. ArcelorMittal, the world's biggest steelmaker, announced on Monday it was scrapping a deal to buy Ilva's site in the southern city of Taranto after Rome reneged on a pledge to grant immunity from prosecution over environmental damage in the area.A source with..