9,484.26 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
41.79 EUR EUR EUR
37.91 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.64 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)

Alfa Acciai makes investment in Ferroberica

Alfa Acciai management announced that the trend in the Italian rebar market has stabilised.

Alfa Acciai makes investment in Ferroberica

They expect the market to start growing again in September or October, thanks to the PNRR, the national post-pandemic recovery plan. To capitalise on this expected growth, Alfa Acciai is investing in the sector and strengthening the activities of its subsidiary Ferroberica.

Ferroberica, which has production facilities in Catania, Udine, Brescia and Vicenza, aims to reach a production volume of around 300,000 tonnes this year, up from a nominal capacity of 400,000 tonnes per year. The subsidiary achieved a turnover of €280 million ($306 million) in 2022. Ferroberica is also focussing on expanding its large structures division to supply oversized steel assemblies for major infrastructure projects financed by PNRR. The company offers solutions and feasibility studies for various infrastructure schemes.

Some projects in northern Italy have experienced delays due to the slow start of the PNRR, while financing has been secured for some projects in the south. Ferroberica expects the full PNRR to start in the next four to five months. The Alfa Acciai group, which includes Acciaierie di Sicilia, Ferroberica and Tecnofil, produced 2.5 million tonnes of steel last year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

SIJ Group supports the EU Action Plan

Saturday, April 5, 2025

Global market challenges are increasing for German companies

Friday, March 28, 2025

EUROFER cautions against overcapacity threatening Europe's steel industry

Thursday, April 3, 2025

India shows resilience in exports, crosses $800 billion threshold

Saturday, April 5, 2025

China Shilu Steel Mill in Hainan goes bankrupt

Saturday, April 5, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now