ASSOFERMET, a member of Confcommercio, issued a statement on the future of the Taranto steel plant operated by Acciaierie d’Italia (ADI) under extraordinary administration.
The association welcomed the Italian government’s efforts concerning the Taranto industrial area and expressed its support for initiatives aimed at revitalizing the historic steel plant.
ASSOFERMET noted that, amid increased restrictions on steel imports from countries outside the EU, the Taranto plant could become an increasingly important domestic supplier for its member companies.
Concerns remain over the future of the hot production area
The association said it shares concerns over the future of the hot production area operated by ADI under extraordinary administration. It highlighted the potential impact of developments concerning the plant on related industries, as well as uncertainty over the final outcome of the ongoing tender process.
In this context, ASSOFERMET identified ensuring production continuity at the Taranto plant and protecting employment as key priorities.
The association also referred to the ruling issued by the Milan Court of Appeal on July 27. According to the statement, the ruling requires the plant’s hot production area to be shut down by October 28.
ASSOFERMET seeks to join FEDERACCIAI consortium initiative
Another issue raised by ASSOFERMET concerns the consortium initiative formally established by the Italian steel producers’ association FEDERACCIAI on August 18.
Representing the post-production steel trading and processing sector, ASSOFERMET said it wants to participate in the initiative and be kept informed about developments due to its potential implications.
The association stated that the conditions for joining the consortium should be public, accessible and transparent, and said it is ready to participate in institutional discussions on the matter.
ASSOFERMET said meeting these conditions is important for protecting the sector and the parties that could be affected by the process. It added that the revitalization of the Taranto plant could represent an important opportunity to strengthen the competitiveness of the entire steel supply chain.
Comments
No comment yet.