
Italian long steel producer Lucchini has announced that it has received several orders for steel rails strengthening its position in its traditional markets as well as in new ones.
Accordingly, Italian Railways has placed an order for steel rails worth EUR 80 million, reflecting Lucchini's competitiveness compared to foreign competitors.
Important new orders have also recently been received by Lucchini from France, the United Kingdom, Romania, Bulgaria and Croatia, and also from Turkey, 70% of whose rail demand is satisfied by Lucchini. Moreover, throughout 2013 Lucchini will continue its partnership with the Swiss national railway company in the field of both traditional railway lines and high speed lines. Due to recently booked orders, the Piombino based rail mill of Lucchini will be busy for the first half of 2013.
Lucchini went on to state that it aims to enlarge its shares in overseas markets also thanks to its captive port infrastructures. The company also stated that it recently received rail orders for 12,000 tonnes from Argentina and for 40,000 tonnes from Algeria. Moreover, by the end of 2012 Lucchini plans to ship more than 50,000 tonnes of rails to the UAE for the development of rail projects in Abu Dhabi.
Finally, Lucchini said it is monitoring rail projects under development in the ASEAN countries and in Africa as well, while it has already received orders from Malaysia and Nigeria.
Source - Visit www.steelorbis.com for more
(www.steelguru.com)





