The window for submitting binding offers closed at midnight, but the American fund said it was "able to update the offer only after having" had a conversation with the prime minister. Jindal's proposal and the possible role of the Italian consortium led by Federacciai remain in the field
The countdown for the presentation of binding offers for the former Ilva ended at midnight, and while there are only a few hours left it seems that the Flacks Group piece may fail. The American fund withdraws, saying it is "able to update the offer only after meeting Prime Minister Giorgia Meloni". Already in recent days Flacks Group had clarified that they were still in the race for the former Ilva, but said they were awaiting a call from the government to discuss their proposal. A meeting that, so far, has not yet materialized.
The offers and the tender
Meanwhile, on the one hand there is Jindal's proposal, which had already been updated in August taking into account the closure of the hot area, while on the other there is the role of the Italian consortium led by Federacciai, which however seems to be increasingly far from the possibility of transforming the expression of interest into a proposal, even if it is not excluded that some companies could move independently. The tender was launched in July 2024 after the Minister of Business and Made in Italy, Adolfo Urso, had ordered the extraordinary administration of Acciaierie d'Italia Spa. Updated several times and then relaunched, the deadline was moved from 15 October to today, 8 November, to give more time to the companies that had access to the dataroom.
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The extraordinary redundancy fund
And while the tender is taking place with the plants in the hot area definitively turned off, after having remained in pre-heating for a few days, following the ruling of the Supreme Court, the future of the former Ilva is also taking shape in terms of employment. The company has in fact requested an extraordinary redundancy fund for a maximum of 8,622 workers, from the current 4,450, which was the subject of the latest meeting with the unions at the Ministry of Labour. A table that was re-adjourned to November 10th because an agreement was not reached which, according to Fim, Fiom and Uilm, is still far away due to the lack of "a future to resume work".
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The next steps
The path to follow is that of green steel, reiterated the president of Puglia, Antonio Decaro, and the minister Urso, who however did not hide how Ilva's battle continues to be a "difficult battle". "The judiciary has chosen to close the blast furnaces - he recalled - and we must work on the prospects of green technologies, which are already implemented in all the other Italian steel plants". The commitment to employment prospects and decarbonisation was confirmed by the government during the last round table at Palazzo Chigi, also through discussions with some investee companies and Rheinmetall. However, we still have to wait for the unions' request for a timetable: this was explained by the undersecretary of the Prime Minister Alfredo Mantovano, at least until "the factors of uncertainty are resolved". And the next steps will be discussed in a subsequent meeting at Palazzo Chigi, scheduled for mid-November.
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