Blast furnace
No. 2 at the Acciaierie d'Italia (ADI) steel plant in Taranto resumed pig iron production 24 hours after an anomaly disrupted its operation on August 23, company sources told Kallanish. ,
,The asset has been launched and is currently the only operating blast furnace at the enterprise. Blast furnace No1 has been arrested by the authorities, while Blast furnace No4 is idle due to maintenance work. The Milan Court of Appeal had previously ordered the closure of the hot end site by October 26.
The authorities, meanwhile, are considering the possibility of holding a new tender in accordance with the court's decision and are continuing negotiations with Jindal Steel International on the sale of the company. A source close to the company confirms that the Flacks Group investment company has withdrawn from the race and may present a new offer for real estate assets in Taranto. The Indian steel producer is said to have renewed interest in Taranto, despite the court ruling.
Meanwhile, the Italian steelworkers' association Federacciai has submitted a letter of interest in the Taranto steel plant. A source
A source close to the association confirms that 14 steel companies have formed a consortium. These include Acciaierie Bertoli Safau (ABS), Arvedi, Acciaierie Venete, Advanced Steel Solutions (Asonext group), Beltrame, Alfa Acciai, the Italian company Siderurgica, Duferco Travi e Profilati, Feralpi, Valsabbia, Lucchini RS, Marcegaglia, ORI Martin and Rubiera Special Steel.
Federacciai, approved by Antonio Gozzi's Board of Directors. Submit an official expression of interest. Gozzi informed the participants about developments at the former Ilva plant and the potential role of Italian steel companies in restoring production activities in the area not affected by the shutdown.
However, the expression of interest "depends on the fulfillment of a number of favorable conditions," says the note from Fedracci. Additional companies may join the consortium in the coming days.
The Federation's interest in the expression is limited to the cold rolling site and is not mandatory, but it allows the steelworkers group to gain access to financial and production indicators. The source told Kallanish that the steelmakers could operate the cold rolling site using imported slabs, and eventually build one or more electric arc furnaces. Separate source
A is skeptical about both the Italian consortium's interest and Jindal's proposal, citing the significant investments needed to modernize the equipment, some of which is currently idle or outdated.
Italian President Giorgia Meloni, meanwhile, recently told the press that the government would do everything.,
