Steelworks test mettle of Italy's anti-establishment government [Reuters (UK)]
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Source: Reuters
Steelworks test mettle of Italy's anti-establishment government | Reuters 7 Min Read TARANTO, Italy (Reuters) - The anti-establishment 5-Star Movement campaigned for years to close Ilva, Europe’s largest steelworks which has brought death, environmental disaster and jobs to this corner of southern Italy. In March, 5-Star emerged as the country’s biggest single party in national elections and this month it forged a coalition government with the far-right League, putting it in a powerful position to make good on its promises. With 5-Star leader Luigi Di Maio named industry minister, plans for the world’s biggest steelmaker ArcelorMittal to take over Ilva at the start of July, hung by a thread. But rather than tearing up the Mittal deal and wielding the axe, Di Maio has begun talks with business leaders, local officials and trades unions. The discussions point to the kind of compromise 5-Star will have to make with the pro-business League — which is adamant the plant should stay open — t
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News
- ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figuresGlobeNewswire
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual ReviewGlobeNewswire
- U.S. Department of Energy announces financial support for ArcelorMittal's anticipated World-Class Electrical Steel facility in Alabama [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A. (NYSE: MT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $31.00 price target on the stock, down previously from $34.00.MarketBeat
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Yahoo! Finance]Yahoo! Finance
MT
Earnings
- 2/8/24 - Beat
MT
Sec Filings
- 4/23/24 - Form 6-K
- 4/10/24 - Form 6-K
- 4/8/24 - Form F-3ASR
- MT's page on the SEC website