The European Bank for Reconstruction and Development has provided a loan of EUR 21.4 million to Serbia’s leading manufacturer of concrete reinforcement steel Metalfer Stell Mill. The loan will finance the construction of a new rolling mill for processing scrap metal and semi-finished products, which will improve efficiency and reduce emissions, as well as a new rooftop solar photovoltaic mini-plant, producing up to 4 MW of renewable power to meet production needs.Established in Serbia in 2005, Metalfer Steel Mill has become a major manufacturer of products such as steel billet, rebar and wire rod, using locally sourced scrap metal. The company operates a rolling mill and a foundry and supplies its products mainly to the local construction industry.
The European Bank for Reconstruction and Development has provided a loan of EUR 21.4 million to Serbia’s leading manufacturer of concrete reinforcement steel Metalfer Stell Mill. The loan will finance the construction of a new rolling mill for processing scrap metal and semi-finished products, which will improve efficiency and reduce emissions, as well as a new rooftop solar photovoltaic mini-plant, producing up to 4 MW of renewable power to meet production needs.Established in Serbia in 2005, Metalfer Steel Mill has become a major manufacturer of products such as steel billet, rebar and wire rod, using locally sourced scrap metal. The company operates a rolling mill and a foundry and supplies its products mainly to the local construction industry.