On Monday 9 February, the European Commission approved Italian public aid of €390 million in the form of a rescue loan to Acciaierie d'Italia (AdI, formerly Ilva), Italy’s main integrated steel producer (eight sites employing 10,000 people, including 8,000 in Taranto, with a production capacity capped at 6 million tonnes of crude carbon steel).
AdI has been undergoing an insolvency procedure since February 2024, and is currently in the process of being bought out by a new operator...