The steel mills
In January 2023, Marcegaglia Group acquired an electric furnace steel mill for stainless steel in Sheffield, UK. For the first time in its history, therefore, the company has invested in primary steel production, in a strategic operation with strong symbolic value: in 1913, in fact, stainless steel was born and developed in Sheffield.
In May 2024, Marcegaglia completes its steel production capacity with the Fos-sur-Mer plant in France, which will meet approximately 30% of the Group’s steel needs and will use efficient and sustainable production methods.
In this way, Marcegaglia has achieved an integration upstream in the value chain, with a view to shortening and stabilizing supply chains, developing an increasingly sustainable and competitive product offering.
These acquisitions crowned the dream of founder Steno Marcegaglia, who aspired to invest in primary steel production.