Steel mills in Italy, Germany, France and Spain are facing increased energy costs each day. Some are judging it unprofitable to produce at current gas and electricity prices, and are said to be prolonging August stoppages for another couple of weeks. S&P Global reported that Italian producer of long products Ferriere Nord Pittini has suspended work at the Osoppo plant in the Province of Udine in the Italian region Friuli-Venezia Giulia due to high electricity costs on 29 August 2022 involving 751 workers, even though wages will be paid to workers regardless of the reduction in employment. At the same time, some workers will keep the plant’s units in working condition.An EAF with a capacity of 2.2 million tonnes was installed at the Ferriere Nord plant in Osoppo in September 2019. The unit has a larger diameter to reduce energy consumption and improve efficiency of the smelting cycle. The Pittini Group was established in post-war Italy based on the desire for rebirth, transforming wreckage and war debris into steel to rebuild the country. The first wire-drawing plant was set up in Gemona del Friuli, with machinery designed to recover and straighten iron rods, much in demand for this reconstruction. In order to expand, an ideal place was found on the Osoppo plain, not far from Gemona. In the early 1960s, construction work began on the Metallurgiche Pittini plant. In 1971 the engines of the wire rod rolling mill were also activated. The increase in wire rod production led the Group to acquire SIAT of Gemona in 1972, specialised in the production of drawn products for the mechanical industry. Ten years later, another acquisition was completed with the incorporation of Filarc, known today as Pittarc, a leading manufacturer of welding wire. Its position was further consolidated with the acquisition of La Veneta Reti, in Loreggia in the province of Padua, which specialises in the production of special electro-welded products. In 1997, HD high ductility steel was developed for anti seismic steels for the construction industry. In 2002 the world’s first plant for the production of hot-rolled coils weighing 2.5 tonnes was built in Osoppo. In 2002, to address the Mediterranean market, the company acquired an industrial complex in Potenza, now called Siderpotenza, with a steel mill and rolling mill for the production of concrete rebar. In 2007, the company expanded to Slovenia with the acquisition of Kovinar, a long-standing producer of electro-welded mesh based in Jesenice. Six years later, the Austrian company BSTG was acquired, with two plants in Linz and Graz, which also specialised in the production of electro-welded mesh. 2015 signaled a change of pace for the Group and Acciaierie di Verona was established, a company that took over the historic ex-Galtarossa industrial site. A state-of-the-art wire rod rolling mill updated to the latest Industry 4.0 standards has been developed here.
Steel mills in Italy, Germany, France and Spain are facing increased energy costs each day. Some are judging it unprofitable to produce at current gas and electricity prices, and are said to be prolonging August stoppages for another couple of weeks. S&P Global reported that Italian producer of long products Ferriere Nord Pittini has suspended work at the Osoppo plant in the Province of Udine in the Italian region Friuli-Venezia Giulia due to high electricity costs on 29 August 2022 involving 751 workers, even though wages will be paid to workers regardless of the reduction in employment. At the same time, some workers will keep the plant’s units in working condition.An EAF with a capacity of 2.2 million tonnes was installed at the Ferriere Nord plant in Osoppo in September 2019. The unit has a larger diameter to reduce energy consumption and improve efficiency of the smelting cycle. The Pittini Group was established in post-war Italy based on the desire for rebirth, transforming wreckage and war debris into steel to rebuild the country. The first wire-drawing plant was set up in Gemona del Friuli, with machinery designed to recover and straighten iron rods, much in demand for this reconstruction. In order to expand, an ideal place was found on the Osoppo plain, not far from Gemona. In the early 1960s, construction work began on the Metallurgiche Pittini plant. In 1971 the engines of the wire rod rolling mill were also activated. The increase in wire rod production led the Group to acquire SIAT of Gemona in 1972, specialised in the production of drawn products for the mechanical industry. Ten years later, another acquisition was completed with the incorporation of Filarc, known today as Pittarc, a leading manufacturer of welding wire. Its position was further consolidated with the acquisition of La Veneta Reti, in Loreggia in the province of Padua, which specialises in the production of special electro-welded products. In 1997, HD high ductility steel was developed for anti seismic steels for the construction industry. In 2002 the world’s first plant for the production of hot-rolled coils weighing 2.5 tonnes was built in Osoppo. In 2002, to address the Mediterranean market, the company acquired an industrial complex in Potenza, now called Siderpotenza, with a steel mill and rolling mill for the production of concrete rebar. In 2007, the company expanded to Slovenia with the acquisition of Kovinar, a long-standing producer of electro-welded mesh based in Jesenice. Six years later, the Austrian company BSTG was acquired, with two plants in Linz and Graz, which also specialised in the production of electro-welded mesh. 2015 signaled a change of pace for the Group and Acciaierie di Verona was established, a company that took over the historic ex-Galtarossa industrial site. A state-of-the-art wire rod rolling mill updated to the latest Industry 4.0 standards has been developed here.