Italian Court Upholds Ilva Steelworks Shutdown
An Italian court confirmed the shutdown of blast furnaces at the former Ilva steel plant in Taranto. The ruling deals a blow to Prime Minister Melonis efforts to keep the facility operating while seeking a buyer.
An Italy court on Friday afternoon upheld an order to shut down blast furnaces at the former Ilva works, dealing a blow to Prime Minister Giorgia Meloni's efforts to keep the facility running. The ruling threatens the nation's largest steel plant while officials search for a private buyer. The decision increases political pressure on the government to secure an alternative industrial buyer less than a year before a national election.
