Italian long steel producer Feralpi Group has announced that in 2012 it will fund upgrading and revamping works at three electric arc furnace mills, in Riesa, Germany, and in Lonato del Garda and Calvisano in Italy.

The EUR 15 million have been allocated for the construction of an EAF heat recovery system at the German based steel mill Elbe Stahlwerke Feralpi GmbH, while the upgrade of the Lonato del Garda, Brescia based EAF to an annual production capacity of 1.2 million tonnes will cost the group EUR 4 million.

In addition, Feralpi will spend another €2 million to ease slag handling and improve production of special steel grades at its Calvisano, Brescia based steel mill. The total allocated budget for these projects amounts to EUR 21 million.

(Sourced from Steel Orbis)
Visit www.steelorbis.com for more