MT ArcelorMittal

--Italy's government has delayed the handover of the Ilva steelworks in southern Italy to ArcelorMittal by two-and-a-half months to Sept. 15, Reuters reports.

--ArcelorMittal last year agreed to buy the plant with a handover due on July 1, but the government is now seeking to review the terms of the agreement, according to Reuters.

--Luigi Di Maio, the country's new industry minister, said he will consider "environmental, social, economic and employment terms" after his governing 5 Star Movement party had previously campaigned to close the steelworks, Reuters reports.

--The plant has been under state supervision since 2015, after judges ruled it must be cleaned up or shut, Reuters says.

Full story: https://reut.rs/2yMJk9S

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(END) Dow Jones Newswires

June 27, 2018 06:45 ET (10:45 GMT)

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