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Metinvest mulls construction of 2.5 mln tpy flat rolling mill in Italy

05.05.2021

Ukrainian steelmaker Metinvest is considering to build a 2.50 million-tonne-per-year flat steel rolling plant in Trieste, in the north of Italy, Italian equipment producer Danieli told Fastmarkets.

“Metinvest is seriously considering the opportunity to build a sophisticated and cost and quality competitive 2.5 million tpy plant. It should serve North Italy and Europe market. The aim is to produce green steel and Metinvest is considering Trieste for good logistics and it is considering Danieli because [we] have experience in high quality steel production in the region, besides [being a] high technology equipment supplier,” a Danieli spokesman said.

The project includes only rolling mill facilities but no melt shop. The slab will come from Metinvest’s Ukraine-based plants, Danieli said.