Feralpi Stahl to expand rolling capacity at Saxony mill to 1.3mln tpy to meet growing demand

摘要

Feralpi Stahl will raise capacity at its rebar and wire rod rolling mill inRiesa in the Saxony region of Germany to 1.3 million tonnes per year,the German division of Italy-based steelmaker Feralpi Group said.The company will invest €60 million ($67.33 million) over atwo-year period to increase capacity at Riesa, it said on WednesdayMay 15.