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UPDATE 1-Italy judge hands Riva brothers prison terms over Ilva pollution
15:52 31/05/2021
ArcelorMittal SA

27,01 +0,51 +1,94%

Court hands down jail terms after 5-year Ilva trial
Judge says defendants allowed environmental disaster
Taranto mayor says pollution caused a 'massacre'
(Adds comment from Riva lawyers)

By Crispian Balmer

ROME, May 31 (Reuters) - An Italian court on Monday sentenced the former owners of the Ilva steelworks, Fabio and Nicola Riva, to 22 and 20 years in jail respectively for allowing it to spew out deadly pollution.

Once the largest steel producer in Europe, the factory emitted a lethal cocktail of carcinogenic dioxins and mineral particles for more than half a century, that medics say caused a surge in cancer in the adjacent city of Taranto.

Wrapping up a trial that lasted five years, a Taranto court also handed prison terms to 24 ex-managers at Ilva, consultants and local politicians, including the former head of the Puglia region, Nichi Vendola, who received a 3-1/2 year sentence.

All the defendants have the automatic right to two appeals before a sentence becomes definitive.
Piet uit Tieksland
zal wel een soort Berlusconi / Höhnes straf worden melden op zaterdag middag en 70% wordt gepardoned :)
AM/NS India Starts Oxygen Cylinders Supplies to Odisha

ArcelorMittal Nippon Steel India has delivered the first tranche of a consignment of 5150 medical grade oxygen cylinders to Odisha, part of a continuing contribution by the steel manufacturer to bring relief to victims of Covid-19 across India. The first tranche of 1350 cylinders landed at Bhubaneswar airport and will be distributed by Odisha state officials to medical centres across the state. A second consignment of 3800 units is on its way and is expected to arrive in Odisha in the coming days.

This extends AM/NS India’s support for Covid-19 to six states across India: supplies and support are already supporting relief work in Gujarat, Rajasthan, Madhya Pradesh, Punjab and Haryana. This includes building in 72 hours a 250-bed COVID hospital in Gujarat, now being expanded to 1000 beds, near the company’s main manufacturing site at Hazira; and the daily supply of 250 metric tonnes of liquid medical oxygen to destinations in Gujarat, Rajasthan, Madhya Pradesh, Punjab and Haryana. Since April, more than 9,200 tonnes of liquid medical oxygen has been supplied, which is the equivalent to treating nearly 920,000 patient days.

Source - Strategic Research Institute
Een puike dag vandaag
Veel zon en een goed koersverloop
Praktisch de gehele dag op en rond de €27 gestaan
Een mooi vertrekpunt voor de maand juni

In de slotveiling gesloten op 26,90
Oorzaak wat winstnemingen

Het volgende koersdoel zal ongetwijfeld €28 worden
Alle ingrediënten zijn hiervoor aanwezig

Goede ijzerertsprijzen en op 10 juni het dividend
Lieve mensen, wederom heb ik de vrijheid genomen om een nieuw draadje te openen.
Graag horen we jullie gedachten over mr. Mittal en zijn aandeel op het juni draadje.


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