Feralpi Stahl to expand rolling capacity at Saxony mill to 1.3mln tpy to meet growing demand

Feralpi Stahl will raise capacity at its rebar and wire rod rolling mill in Riesa in the Saxony region of Germany to 1.3 million tonnes per year, the German division of Italy-based steelmaker Feralpi Group said.

The company will invest €60 million ($67.33 million) over a two-year period to increase capacity at Riesa, it said on Wednesday May 15.

“The investment will strengthen the current production of reinforcing bars [rebar], in both bars and coils, to meet the growing demands of the...

Published

Viral Shah

May 15, 2019

17:35 GMT

London