ILVA, Italy’s Largest Steelmaker to Close Shop, Thousands of Jobs at Risk

By International Business Times August 13, 2012, 10:50:44 PM EDT

A manufacturing plant in Taranto, Italy by ILVA, Italy's largest steel maker, may be forced to close shop after a court ruling released over the weekend ordered the particular plant cannot fabricate steel while in the process of carrying out court-ordered improvements to its production line in light of the environmental and public health hazards it has created to its community.

Local judge Patrizia Todisco on Saturday said she finds it quite impossible and "cannot foresee using the site... for production purposes" while an investigation into a possible "environmental catastrophe" is being carried out.

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