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ArcelorMittal's Italian subsidiary seeks alternative port terminals

23 Jul 2019 14:27 reported by Vicky Wang

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ArcelorMittal's Italian subsidiary announced that it will continue to supply raw materials through the external terminals of the Taranto plant.

After the death of the crane operator at the Taranto plant, the court ordered the seizure of the only pier that could be parked by a large vessel. It was understood that ArcelorMittal was considering the dock at Italcave in Taranto as an alternative new location.

In addition, the company was facing a number of problems, such as the court's detainment of No.2 blast furnace on the grounds of safety standards, the detention at Pier 4 due to workers’ casualties, and the immunity of criminal proceedings in the past to be deprived.

Under the influence of these above-mentioned conditions, there might be news of price increases in the near future.

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