Industry News

ArcelorMittal's llva project rejected by Italian government

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Update time : 2020-06-11 19:14:43
According to the report, ArcelorMittal's llva project of the new industrial plan for the Taranto-based steelmaker has been rejected by the Italian government.

The main reason was that this project affected both employment levels and the investment plan, as well as extending the time period overly.

This new mill was expected to produce 6 million tons of steel per year at least until 2025.
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