the first producer of steel beams for construction in Italy with a capacity of more than 1 million tonnes per year. The two partners reached a friendly agreement stating that Duferco will reacquire the 50% now belonging to Nucor, becoming the exclusive owner of the company. Duferco also confirmed the investment for the new rolling mill in the plant of San Zeno Naviglio, Brescia. In the next days, the name of the technological partner will be released. It is an investment worth 180 million Euro, that will create 150 new jobs and allow Duferco to strengthen its key role in Europe as a producer of steel profiles.
The financial closing is expected to occur during the first days of December, after the all-clear from the European Authority for Competition.