Global Trade Alert
Global Trade Alert

Italy: MIMIT provides EUR 285 million to Metinvest Adria for a green steelworks project in Piombino

Announcement

28 May 2026

In May 2026, the Italian Ministry of Business and Made in Italy announced the approval of EUR 285 million in funding to Metinvest Adria for the development of a green steelworks project in Piombino.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 May 2026

Revocation date:

No revocation date

Announced: 28 May 2026
State aid, unspecified In force

Recent update from 01 Jun 2026:

On 28 May 2026, the Italian Ministry of Business and Made in Italy (MIMIT) announced a grant of EUR 285 million (USD 331.1 million) to Metinvest Adria. Metinvest Adria is a joint venture between st...

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