The Italian Ministry of Enterprise and Production (Mimit) has reached an agreement with JSW Steel Italy to revive the steel hub in Piombino in southern Tuscany. The program agreement, signed by the company together with Piombino Logistics, GSI Lucchini, trade unions and relevant government authorities, establishes the operational framework for the implementation of the site's industrial plan and guarantees full employment protection for the workforce.
According to the Italian Minister of Enterprise and Production, Adolfo Urso, the agreement represents a decisive step towards restoring a stable industrial future for Piombino, based on investment, continuity of production and employment. protection. The agreement is part of a wider plan to revitalize the Tuscan steel hub, which also includes the Metinvest Adria green steel plant project and the relaunch of Magona following the takeover of Trasteel. The program agreement governs the environmental remediation and safety of the site, as well as the industrial redevelopment plan prepared by JSW. The plan envisages a total investment of €148.2 million to modernize the rail rolling mill by upgrading existing facilities, introducing new technologies and developing research activities aimed at introducing the best available technologies. The investment will be supported in part by government incentives provided by Mimit.
The agreement was also welcomed by Maurizio Bigazzi, President of Confindustria Toscana Centro e Costa, and Massimo Laviosa, President of the Territorial Delegation of Piombino, who described it as “a fundamental step that, together with the Metinvest and Magona projects, finally charts a strong and concrete future for an industrial area that has endured too many years of uncertainty.” Industry associations also emphasized that the JSW relaunch plan complements other projects currently underway in the region, contributing to the reconstruction of the entire steel value chain in Piombino
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