Taranto

ILVA demands to resume possession of finished products

Follows decree letting pollution-row steel plant carry on

ILVA demands to resume possession of finished products

Taranto, January 4 - Italian steel producer ILVA on Friday asked to resume possession of steel and semi-finished products seized from its troubled Taranto plant on November 26 following the conversion into law of a government decree allowing the factory to remain in production while much-needed environmental upgrades are carried out. This is the second time that the company has filed such a request. A local investigating judge rejected its initial petition against the court-ordered seizure on grounds that the December 3 decree was not retroactive. ILVA appealed against that ruling and the appeal is due to be heard on January 8. Meanwhile Taranto prosecutors have also filed their own petition against the decree law with the Constitutional Court, alleging a conflict in the attribution of powers between the judiciary and the executive. ILVA has been at the centre of a political and legal battle since July when local magistrates ordered the partial closure of its Taranto plant due to serious health concerns. In November seven top managers were arrested as part of a corruption probe.

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