Italian stainless steel mill AST to increase output to 1 million tpy

Italian flat stainless steelmaker Acciai Speciali Terni (AST) plans to increase its annual crude steel output to 1 million tonnes per year, up from 940,000 tpy, Italian steel trade union Fim-Cisl said on Thursday June 13.

The AST announcement was part of a new two-year industrial plan, agreed between the mill and Italian trade unions. As part of the plan, AST will invest €60 million ($68 million) over the next 15 months.
“No significant change” in employee numbers was expected, according to Uilm, another Italian steel trade union.

AST also plans to increase...

Published

Viral Shah

June 13, 2019

17:30 GMT

London