11,048.11 TRY BIST 100 BIST 100
5.85 CNY CNY CNY
48.86 EUR EUR EUR
41.32 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
39.84 TRY Interest Interest
67.26 USD Fossil Oil Fossil Oil
56.16 USD Silver Silver
4.60 USD Copper Copper
105.55 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,851.29 TRY Gold (gr) Gold (gr)

Pittini to invest hugely in Verona plant

Italian long steel producer Pittini will make a major investment in its Verona plant in Northern Italy. With this investment, it is expected to significantly increase its steel production capacity and flexibility.

Pittini to invest hugely in Verona plant

The investment includes the modernization of the existing wire rod rolling mill with a new bar processing plant supplied by renowned equipment manufacturer Danieli. The investment is expected to be completed by the end of 2025.

This new bar line will expand the existing wire rod production to include the production of bars from 8 to 36 mm in diameter and 6 to 18 meters in length. The bars will be packaged in weights up to 5 tons, offering a wide choice for various applications. High-quality wire rods with diameters of 5 to 25 mm will also be produced at the modern Danieli plant in Verona, and these products will be integrated with the existing rod production.

The existing rolling mill will be configured to feed both the new bar line and the existing wire rod rolling mill simultaneously. In addition, a new, compact 'Direct Rolling Packing' station will enable bars to be delivered to the cooling bed quickly and efficiently in a confined space.

Danieli's automation processes will offer a wide range of technologies to ensure high performance.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Empower New Energy and Abyssinia Group signed 2.5 million USD solar energy project agreement

Friday, September 19, 2025

Jordan, Syria, and Türkiye strengthen regional integration through joint transport infrastructure projects

Friday, September 19, 2025

The U.S. has changed its anti-dumping decision on steel imports from Italy

Thursday, September 18, 2025

Czechia has called for urgent measures in the steel sector

Thursday, September 18, 2025

Some of Salzgitter’s steel products have received LESS certification

Thursday, September 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now