ITALIAN GOVERNMENT WORKING TO RESUME PRODUCTION AT RIVA STEEL
October 1st, 2013
The Italian government has told Steel First that it has stalled the formal proposal of a decree which would allow the resumption of operations at iron and steel companies owned by Italian holding company Riva Steel.These remain suspended while Italy’s ministry of economic development has been drafting a law which would normalise the management of Riva’s seven plants, which employ some 1,400 workers.A spokesperson for the ministry revealed yesterday (Sept 27), however, that the legislation has been put on hold until a court in Taranto responds to Riva ...
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