Jindal stays in the running to acquire ex-Ilva’s hot and cold sections despite court‑ordered shutdown
Executive summary: After the Milan Court of Appeal issued a decree on 27 July 2026 ordering the closure of the ex‑Ilva hot area within 90 days, Jindal reiterated its commitment to acquire both the hot and cold sections of the former steel plant. The decision determines the future of a major Italian steel facility, affecting thousands of jobs in Taranto and the supply of flat‑rolled products to domestic manufacturers.
Who is involved: Jindal Group, Italian government commissioners overseeing ex‑Ilva, Milan Court of Appeal, and the plant’s administrators.
Likely next: Negotiations over the asset sale will continue; if the hot area is shut by ~25 October 2026, Jindal may seek to retrofit or repurpose the site, while regulators monitor compliance and possible state aid.
After the Milan Court of Appeal issued a decree on 27 July 2026 ordering the closure of the ex‑Ilva hot area within 90 days, Jindal reiterated its…
Timeline
- — Ex Ilva, Jindal rimane in partita: «Impegnati nell’acquisizione delle aree a caldo e a freddo» (Il Sole 24 Ore — Economia)
Analysis — what this means
Likely next events
- By ~25 October 2026 (90 days after the 27 July 2026 court order) the hot area of ex‑Ilva must cease operations.
Sectors affected
- Italian steel manufacturing
- Taranto industrial zone
- European flat‑rolled products market
Historical parallels
- 2015‑2017 extraordinary administration of Ilva under Italian state control
- 2017 ArcelorMittal’s attempted acquisition of Ilva’s assets
Key entities
Sources
- Ex Ilva, Jindal rimane in partita: «Impegnati nell’acquisizione delle aree a caldo e a freddo» — Il Sole 24 Ore — Economia
Related cases
- The termination of 2,500 workers in Ex Ilva's supply chain signals mounting pressure on the Italian government to halt the blast furnace shutdown
- Italian prosecutors expand fraud probe into former Ilva CEO Lucia Morselli over alleged asset transfers to ArcelorMittal
- Czech industrial group CE Industries joins the bidding for Italy's troubled Ex Ilva steel plant, becoming the fourth known suitor
- Czech Ce Industries joins race for Ilva’s cold‑area assets as fourth bidder
- An industrial consortium led by the family group of young industrialists president Anghileri joins the Italian-led effort to rescue the former Ilva steel plant
- Italy’s steel industry prepares a manifestation of interest for the former Ilva cold‑area, signalling a potential restart of production under Federacciai’s lead