Ukraine’s Metinvest Eyes Italy For New Steel Plant | OilPrice.com

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Ukraine’s Metinvest Eyes Italy For New Steel Plant | OilPrice.com
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Ukraine’s Metinvest plans to build a new steel manufacturing facility in Italy. Indeed, an official for the group recently confirmed reports of plans to build a plant in either that country or Bulgaria.

Metal Miner

One source told MetalMiner that the prospective steel plant will likely produce flat rolled products. The source added that the area around Trieste is one possible location for the plant. However, they warned that the location could change.Trieste and the surrounding Friuli Venezia Giulia region lie in northeast Italy. The area borders the Gulf of Trieste, which is part of the Adriatic Sea, and Slovenia.

Metinvest’s second steel manufacturing facility, Ferriera Valsider, lies in the Veneto region. This site can roll up to 400,000 metric tons per year of heavy plate in 8-200mm gauges and width up to 3,000 mm. It can also produce 600,000 metric tons of HRC annually in 1.8-25mm gauges to a maximum width 1,555 mm.In other Ukrainian steel manufacturing updates, state railroad operator Ukrzaliznytsia announced the incorporation of Ukrainian Railways Cargo Poland on July 13.

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