Lakshmi Mittal's ArcelorMittal, France target steelworks compromise

Agencies : Paris, Fri Nov 30 2012, 21:39 hrs

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In Rome, the Italian cabinet was reviewing a decree on Friday to secure the future of the troubled ILVA steel plant after discussions between Prime Minister Mario Monti and the management on Thursday.

ILVA is a major employer in a jobs black spot in southern Italy and is threatened with closure over concerns that toxic factory emissions increased deaths from cancer and respiratory diseases in the surrounding area of Taranto.

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