New investors are likely to emerge to help revive Italy’s steel industry after the government took charge of ArcelorMittal’s (MT.LU), opens new tab plants in the country this week, Prime Minister Giorgia Meloni said on Thursday.

The government is looking for new industrial partners for Acciaierie d’Italia (ADI) — the Italian steel business.

ADI was formerly known as Ilva, whose main plant in the southern city of Taranto is one of the largest in Europe and is a major employer in Italy’s under-developed south.