10 offers made for ex ILVA steelworks

Three for industrial complex, seven for single assets

By: ansa.it

Jan 11 2025
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10 offers made for ex ILVA ste

Ten offers have been made by a midnight deadline by domestic and international players to take over the steelworks of Acciaierie d'Italia (ADI), which was formerly known as ILVA, in Taranto, the extraordinary commissioners of the steel operator in extraordinary administration said Saturday. According to a note, three of the offers were made for the whole industrial complex by Baku Steel Company Cjsc + Azerbaijan Investment Company Ojsc, Bedrock Industries management Co Inc and Jindal Steel International.
    Seven of the offers were instead interested in single assets, including by groups Marcegaglia, Eusider and Sideralba.
    ADI's main plant in the Puglia city of Taranto is one of the largest in Europe and a major employer in the region and in the South.
    Last year, the government took charge of the group's factories under a special administration procedure.