13
Feb
11:50
Pittini invests to gain market share
Italian wire rod maker Pittini is to invest €100 million ($106.4m) into the Verona site the company bought last year. The capital expenditure will be spent over the next five years to boost production and focus primarily on higher-quality rod.
Kallanish learns from a source close to the company that the plan is to completely revamp the outdated plant, including the cold rolling area and the existing continuous casting line. A new ‘Fast Cast’ wit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous