Former Ilva, the company prepares shutdown operations

Acciaierie d'Italia is preparing to shut down its hot area in Taranto after the Court of Cassation rejected the company's appeals against a Milan Court of Appeal decree ordering the shutdown due to pollution. The company has notified environmental control agencies Ispra and Arpa Puglia of its readiness to comply with the judicial order.

The shutdown will involve blast furnaces 1, 2, and 4, as well as coke batteries 7-8-9-12, with the process expected to take more time for the batteries. The move is expected to have significant employment implications, with 8,622 employees, including 6,964 in Taranto, potentially eligible for extraordinary layoff procedures.