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17 Jan
14:20

Feralpi Germany to invest more than €150m

The German rebar mill of Italy’s Feralpi Group will spend €150-160 million ($171-182m) on upgrades over the next four years, Kallanish learns. Plant director Uwe Reinicke had earlier announced that the group plans to build a second rolling mill at the German site in Riesa on the Elbe River (see Kallanish 18 August). It will feature an integrated spooler plant and enable the mill to make more than 1.25 million tonnes/year of finished product, up from sli…
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