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Italian Feralpi invests in Italy and Germany to reduce CO2 emissions

Italian Feralpi invests 400 million euros in Italy and Germany to achieve CO2 emission reductions.

Italian Feralpi invests in Italy and Germany to reduce CO2 emissions

Feralpi Group, one of Europe's leading steel producers, started a new business plan worth 400 million euros between 2022 and 2026. The investment focuses on plants in Italy and Germany to further reduce CO2 emissions, and the plan also includes generating renewable energy for self-consumption. The program will also increase the size and competitiveness of the company.

In 2021, Feralpi's consolidation revenue reached €1.93 billion, up 55.7% year on year. Gross operating profit was €271.7 million, up 269% compared to the previous year.

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