8,093.54 TL BIST 100 BIST 100
28.91 $ USD USD
€31.78 EUR EUR
40.73 TL Interest Interest
81.74 $ Fossil Oil Fossil Oil
24.96 $ Silver Silver
3.84 $ Copper Copper
128.44 $ Iron Ore Iron Ore
375.00 $ Ship Dismantling Ship Dismantling
1,902.73 TL Gold (gr) Gold (gr)

Unions warn Acciaierie d'Italia production could be halted

Acciaierie d'Italia (ADI) unions have requested a meeting with the government to discuss the company's difficulties.

Unions warn Acciaierie d'Italia production could be halted

"ADI is experiencing a dangerous phase of decline, which in a very short period of time will lead to an irreversible closure with very serious professional and industrial consequences. This is without taking into account the numerous incidents that occur every day in the workplace, which put the safety of workers at risk," the unions said.

Despite government funding, ADI management has not honoured any of its commitments on production volumes and investments, has not paid contractors and has not started the long-standing refurbishment of blast furnace No. 5 in Taranto, the union said.

Unions representing ADI's subsidiary in Cornigliano, near Genoa, are also warning of a possible production disruption due to the lack of maintenance work, which has led to accidents and the need for new components for old equipment.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Stocks at major South Korean steel mills rise

Wednesday, November 29, 2023

Türkiye's wire rod imports fell sharply

Wednesday, November 29, 2023

TUIK announced! Foreign trade deficit decreased by 17.5%

Wednesday, November 29, 2023

Türkiye's iron and steel sector is recovering in Europe after Africa

Wednesday, November 29, 2023

ITA evaluated the global market at the Global Steel Summit

Wednesday, November 29, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now