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According to a report in local media, Italy’s second largest Italian steel producer Arvedi Group, during a meeting in Trieste, announced its intention to make additional investments will increase its investment in Trieste, at its Servola site. The company will invest a further EUR 90-100 million in order to install a second galvanizing line and to produce hydrogen in order to feed the furnaces necessary for the rolling operations.
This investment adds to the EUR 86 million investments that had already been announced by Arvedi to build new galvanizing and painting lines.
At the end of 2019, Arvedi had started the process to decarbonize and reconvert the Trieste plant that led to the halting of the hot steel area, coking plant and blast furnace. Currently, through its plant in Trieste, Acciaieria Arvedi can offer cold rolled products in a wide range of grades and sizes. The innovative hot rolling process in Cremona allows it to be supplied with coils with excellent geometrical characteristics for the production of cold rolled steels.
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