Original title: Ex Ilva, le dieci offerte, due sono per tutti gli impianti. Americani favoriti
Author: Raffaele Lorusso
Source: La Repubblica
Rome — On the former Ilva, the steel complex in Taranto, an American flag could soon be flying. Two U.S. funds, Bedrock Industries and Flacks Group, the latter in partnership with Steel Business Europe, are leading the race to acquire all production plants.
The bids will be evaluated in the coming days by the commissioners of Acciaierie d’Italia, now in extraordinary administration. In total, ten proposals were submitted, eight of which concern individual assets. Among the bidders are Industrie Metalli Cardinale, Trans Isole, Car srl, and Marcegaglia, which submitted two separate joint bids — one with Sideralba, and another with Profilmec and Eusider.
The Toto Group, through its subsidiary Renexia, submitted a proposal focused on the construction of energy supply facilities, including an onshore regasification plant.
The Indian steel giant Jindal Steel International, despite expectations, did not submit a new bid. According to reports, Flacks Group presented a symbolic financial offer for all plants but provided extensive guarantees to protect employment.
The commissioners of Acciaierie d’Italia, together with the Italian Ministry of Enterprises and “Made in Italy,” will review the proposals over the next few months. The outcome may take up to two months, as the commissioners evaluate the financial soundness, environmental compliance, and employment safeguards of each proposal.
Original article published in La Repubblica
