Italy's Council of State has overruled a decision by the Court of Lecce, which means that flat steel producer Acciaierie d'Italia, formerly known as ArcelorMittal Italia, will be allowed to continue its flat steel production operations, the steelmaker said on Wednesday June 23.
"As a result, any suggestions of a possible shutdown of the hot area of Acciaierie d'Italia's Taranto plant, and the closure of connected plants, have...