fundamental steel for Italy, politics on Taranto I have many faults

fundamental steel for Italy, politics on Taranto I have many faults
fundamental steel for Italy, politics on Taranto I have many faults

Prices of raw materials and steel have been at record highs for weeks, causing delays in manufacturing and global trade. But for years steel prices have remained low, favoring production by China which has lower production costs.

For this reason, some economic commentators believe that it is no longer strategic for a developed country like ours to invest in steel processing, starting with the former Ilva di Taranto. Others, on the other hand, believe that the pandemic has relaunched the importance of having some essential elements for production and the economy, such as metals, nearby.

In this second group he sits Marco Bentivogli, former secretary of the Fim Cisl. Interviewed by Sky TG24 at the Trento Festival, he stated that «50% of Italian exports are made up of the engineering industry, exports built on metal fueled by a primary made of steel and metallurgy. Countries have found that it is essential to keep their primary close in order not to have problems on the value chain. The real problem is that we are importing metal and steel from northern Germany and Turkey ».

Bentivogli also added, referring to the recent first-degree sentence that condemned the former owners of the steel mill, that “the blame is being given only to private individuals, when the management was in the hands of non-public operators for only 16 years. ArcelorMittal is doing everything to get out of Italy, but the fault lies with unreliable politics ».

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fundamental steel Italy politics Taranto faults

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