VIDEO: What next for the ‘world’s unluckiest steel company’?
After more than a year of seemingly never-ending misery and despair, and lurching from one crisis to another, 2014 began more positively for Italy’s most high-profile steelmaker, Riva.
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In late December, the company’s finances, which had been frozen in September, were released and business allowed to continue as usual.
Still under the supervision of a specially appointed commissioner, the group’s long-suffering Taranto steelmaking plant could at last be getting a long-overdue makeover – both in terms of its environmental credentials and the way it appears in local and national media outlets.
In this video, Steel First’s Alexandra Chapman outlines what we can expect from Riva and its Ilva business over the next year.