Both applications relate to the acquisition of the entire perimeter of the business and were submitted in due course in accordance with the conditions established by the tender procedure. The Emergency Commissioners will now begin reviewing the proposals for their completeness and compliance with the requirements set out in the tender.
The tender procedure remains open. As stipulated in the bidding announcement, additional interested parties may continue to submit additional proposals, provided that these are improved proposals compared to those already received.
The filing of the two applications represents a significant step in the process of selling former Ilva assets, which continues to unfold within a complex industrial, financial and institutional framework.
As previously reported by SteelOrbis the sale process is closely intertwined with ongoing discussions. the Taranto steel mill decarbonization plan, including negotiations on a future DRI hub, energy supply solutions, and financial resources needed to ensure production continuity during the transition phase. At the same time, key issues remain open regarding the overall economic sustainability of the enterprise and the job security required by trade unions.
Thus, the evaluation of the submitted applications and the possible participation of additional participants will be crucial in determining the next steps of the procedure and the future industrial prospects of Italy's largest steelmaking center.
