Home > Steel News > Latest Steel News > ArcelorMittal...

ArcelorMittal Italia halts or cuts activities at some facilities in Taranto

Monday, 21 September 2020 17:04:46 (GMT+3)   |   Brescia

Late on Friday, September 18, ArcelorMittal Italia announced it will halt or reduce activities at several facilities at its Taranto-based plant starting from today, September 21. More specifically, the cold rolling area, the galvanizing line No. 1 and the pickling line will be idled indefinitely, while other plants will have their weekly shifts reduced. Local metal unions commented, "All of this is caused by a drop in orders that will result in cascading staff reductions across all operating and maintenance facilities."

"The new stops and reductions in plant activity communicated by ArcelorMittal are yet another provocative act towards workers and trade unions. In recent days, the company  has accelerated actions that have no economic and organizational justifications," the unions stated.

"ArcelorMittal must be sent away for nor not fulfilling the contract and both economic and environmental terms, and because it continues to destroy a territory and the plants, putting at risk the health and safety of workers and citizens," the local union UILM said.

The Italian government and ArcelorMittal are still holding negotiations aimed at forming a new industrial plan for Europe's largest single steel site and the only integrated steelmaker in Italy. In early June, the company presented a plan that provided for approximately 5,000 redundancies in total and production of 3 million mt of steel in 2020, to be increased to 6 million mt per year in 2022-23 and to 8 million mt in 2026. In addition, it entailed the postponement of environmental investments and a request for funding and state resources. This plan was rejected by both the local unions and the government. Talks between the government and ArcelorMittal are expected to accelerate in the coming days as they were put on hold by both local elections and a referendum in the country yesterday and today on whether to reduce the number of members of the country's parliament.


Similar articles

ArcelorMittal-led HRC price push emerges in EU, buyers question real demand strength

17 Feb | Flats and Slab

European CRC and HDG prices edge up after ArcelorMittal price hike

23 Jan | Flats and Slab

European longs market cautious at end of winter holidays, but talk about increases persists

09 Jan | Longs and Billet

European HRC market shows little recovery after holidays, prices mainly stable

08 Jan | Flats and Slab

European longs market follows diverse trends amid uncertainty surrounding CBAM

24 Oct | Longs and Billet

European longs prices stable and range-bound amid complex market conditions

17 Oct | Longs and Billet

Seasonal lull keeps European HRC market subdued, despite ArcelorMittal price hike plans

06 Aug | Flats and Slab

European HRC market sees price gains, wide bid-offer gap persists

31 Jul | Flats and Slab

European HRC prices lifted by ArcelorMittal, CBAM optimism

24 Jul | Flats and Slab

ArcelorMittal to permanently close PPGI mill in Italy

18 Mar | Steel News