ArcelorMittal blames govt for end to ex-ILVA stint. The works, once Europe's biggest, has racked up over three billion euros in debts.
The Franco-Spanish-Luxembouregois-Indian group said Rome had put in less than a third of the two billion euros of investment pledged when the multinational took a major stake in the mill. The government put the mill, now called Acciaierie d'Italia (AdI), into extraordinary administration under new commissioner GiancarloQuaranta.