15May-2019

New maxi investment in ESF: more than 60 milions for ESF new mill

The Feralpi Group accelerates in Germany with a new maxi investment of 60 million euros which, over a two-year period, will bring the yearly production of ESF Elbe-Stahlwerke Feralpi GMBH (Riesa, Saxony) to 1.3 million tons of steel, consolidating the company’s leadership in the European steel industry.

The investment, which is part of the 2019 activities plan, will strengthen the current production of reinforcing bars (in bars and coils), to meet the growing demands of the German market in particular, a market which continues to prove solid and highly receptive, with infrastructure projects that feed an altready positive demand for steel.

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