Overview
- Cabinet cleared a decree unlocking €108 million in remaining bridge financing for Acciaierie d’Italia to maintain operations until February 2026, with prior €92 million already earmarked for furnaces, maintenance and environmental upgrades.
- The measure allocates an additional €20 million for 2025–2026 so the state can cover up to 75% of extraordinary wage support, shifts resources to complete indemnities for Taranto’s Tamburi neighborhood and restores access to energy cost reliefs for the company.
- Unions staged plant occupations and road blockades from Genova to Taranto, with Genova’s sit-in lifted after a prefecture meeting and Taranto seeing prolonged blockages of the Appia, 106 and 100 and access to the Eni refinery.
- Fim, Fiom and Uilm demand withdrawal of the contested restructuring framework and a single national meeting at Palazzo Chigi, while Minister Adolfo Urso set Nov. 28 talks first for northern sites and then a unitary session including Taranto with regional and local officials.
- The sale process continues with commissioners engaging Bedrock Industries, which is expected to submit a proposal by December, as the company loses about €2 million per day, produces under 2 million tonnes annually and runs a single blast furnace (Afo4).