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04 Aug
10:39

Arvedi increases output and sales despite import pressure

Privately-owned Italian flat steelmaker Arvedi produced and sold 4.3 million tonnes of coil and re-rolled steel products in 2019, up 1.5% compared to 2018. Turnover was €2.7 billion ($3.2 billion), the company reveals in a release sent to Kallanish. Last year Ebitda stood at €299 million ($352m), or 11% of turnover. Arvedi increased output and sales despite tough competition from cheaper imports, particularly from Turkey and Russia. Suppliers from these …
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