
Steno
Marcegaglia
Chairman and Managing
Director
Antonio Marcegaglia
Chief Executive
Officer
|
Marcegaglia
is considering the construction of a 1 million
tpy plate rolling mill in the European Union
as part of its ambitious expansion plans, ceo
Antonio Marcegaglia told MB.
The ceo said the proposal for a European plate
re-roller was still in the early stages and nothing
has been finalised.
The company said in 2006 that it was planning euro
1 billion of investment over a four-year period
to double output to 8 million tpy by 2010.
Some of the plate could potentially be used to
feed new Marcegaglia facilities under construction
in Poland.
The company has other investment projects under
way in Italy and Brazil. Strong demand for heavy
plate in Europe has created a strong selling environment,
mostly for Italian re-rollers. |