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Leader of cold-drawn welded tubes

Marcegaglia Carbon Steel confirms its leadership in the cold-drawn welded tubes sector with the finalization of the acquisition of Novero.
The 100% entry of the Novero company into the Marcegaglia network guarantees the efficiency of a supply chain integrated with the plant, allowing an increase in the production capacity and the expansion of the group's product range for the market.
The forecasts for the Rivoli plant over the next three years estimate an increase in production of about 8 thousand tons per year, for a total of over 20 thousand tons of cold-drawn welded tubes produced in a year and a turnover of over 40 million euros.
The entry of Novero into the group and the synergy with the Boltiere plant, one of the biggest in Europe, are the result of a strategy with which Marcegaglia Carbon Steel strengthens its position in the cold-drawn welded tube sector.

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