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22 November 201918.34 In several meetings held since September, the CEOs of ArcelorMittal "declared that the company had exhausted the finance dedicated to the operation". It is one of the statements made by executives heard by the prosecutors in Milan on the case of the former Ilva. "To date we have 130mln blocked" and "there are also problems in the regularity of supplier documents", for 2019 the "forecast" of loss is "of 700mln", tells a manager to the magistrates. Another executive says: "Foreign managers said to lower the quality of raw materials to lower costs".A.Mittal, "finances sold out by September"
2019-11-22T17:40:57.907Z
18.34 In several meetings held since September, the CEOs of ArcelorMittal "declared that the company had exhausted the finance dedicated to the operation". It is one of the statements made by executives heard by the prosecutors in Milan on the case of the former Ilva. "To date we have 130mln blocked" and "there are also problems in the regularity of supplier documents", for 2019 the "forecast" of loss is "of 700mln", tells a manager to the magistrates. Another executive says: "Foreign managers said to lower the quality of raw materials to lower costs".
Source: rainews