Duferco secures investment for new green beam plant in Italy

Duferco Travi e Profilati, the Italian long steel producer of the Duferco group, has received a loan of €72 million ($86.5 million) from two banks to build a new sustainable steel plant in Brescia, Italy, the company said on April 29.

This follows Duferco's recent announcement that it was to partner with equipment provider SMS group for the new green beam mill.

The new plant should go into production by 2020-end, will increase production capacity by 650,000 tonnes and will be built according to the most advanced environmental standards in terms of energy, with the prevalent use...

Published

Carrie Bone

May 04, 2021

15:42 GMT

London