Home > Steel News > Latest Steel News > Acciaierie...

Acciaierie d’Italia shuts down another blast furnace at Taranto plant

Monday, 29 January 2024 16:01:19 (GMT+3)   |   Brescia

In an interview in the Italian newspaper Corriere della Sera on January 28, Rocco Palombella, general secretary of the Italian trade union UILM, expressed his concerns about the future of domestic steelmaker Acciaierie d’Italia’s plant in Taranto.

According to Mr. Palombella, the only functioning blast furnace at the plant is BF No. 4, with BF No. 1 having been shut down last August and BF No. 2 having been shut down in recent days.

As a result, the Uilm official noted, the plant’s production has been reduced to around one million mt of steel per year, versus around three million mt a few months ago and more that 8 million mt in 2012, and the plant’s operations are slowly coming to a halt. Moreover, this slowdown causes an interruption in the functioning of batteries and belts, which puts the security of the plant at risk.

Palombella also stated that the continuous discussions between the company and ArcelorMittal are worsening the situation, because no one genuinely cares about the future of the plant. If it was up to him, he would rebuild BF No. 5 with new technologies, as well as introducing two new electric arc furnaces. The funds are already available, he said, because Italy’s National Recovery and Resilience Plan (PNRR) has already allocated €2 billion for the purpose.


Similar articles

Local EU HRC market mostly stable, ex-Turkey import volumes attract attention

05 Feb | Flats and Slab

Average HMS scrap price range in Italy narrows as new week begins

02 Feb | Scrap & Raw Materials

Italian scrap prices increase for some grades

30 Jan | Scrap & Raw Materials

EU HRC tradable prices stable, but mills test higher offers amid strong order books and CBAM

29 Jan | Flats and Slab

Cogne SMP commissions Danieli to supply new forging line in UK

27 Jan | Steel News

Metinvest Adria project in Piombino edges ahead, construction still not underway amid funding and permit issues

23 Jan | Steel News

European CRC and HDG prices edge up after ArcelorMittal price hike

23 Jan | Flats and Slab

Vessel with Russian HBI under investigation in Italy for sanctions violation

20 Jan | Steel News

Italian crude steel production up 20.5 percent in December 2025

20 Jan | Steel News

European longs producers try to raise prices, but demand not supportive

16 Jan | Longs and Billet