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Acciaierie d'Italia facility is in the process of closure

Italy's leading steel producer Acciaierie d'Italia has announced the closure of its facility in Italy.

Acciaierie d'Italia facility is in the process of closure

At the beginning of 2023, Acciaierie d'Italia, which had three blast furnaces active at its facilities in Italy, decided to shut down DP furnace No. 1 in August. In September 2023, Acciaierie d'Italia (ADI), in a meeting with the government, stated that the facility in the country was experiencing a dangerous phase of decline that was rapidly moving towards closure.

However, in response to this situation, the company decided to cease operations at DP furnace No. 2 in January 2024. The plant includes only blast furnace No. 4, which currently has a throughput of about 1 million tonnes per year.

While ArcelorMittal stated that it refused to co-operate, the Italian government stated that they are ready to invest 2 billion Euros to prevent the closure of ADI plants.

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