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The Economic Times

Economy / The Economic Times

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Jindal, Italy's Arvedi bid for former Ilva steelworks

Jindal and Italy's Arvedi Group have submitted binding bids for the troubled Ilva steelworks. The site is currently overseen by government-appointed commissioners due to long-standing financial issues. Prime Minister Giorgia Meloni's government aims to secure the site's steel production and protect jobs. Complications have arisen after a court ruling mandated the shutdown of blast furnaces due to health concerns.

9 Nov 2026 3:44 pm