Indian company JSW Steel plans to integrate rolling plant Aferpi in Italy, purchased in may of this year for 55 million euros from its businesses in India, including the recently purchased Monnet Ispat and Energy.
According to managing Director of JSW Steel Seshagiri RAO, the company will send the billet smelted at plants Salem and Monnet Ispat in India, your Italian company.
Currently, Aferpi operates a rolling mill with a capacity of 1.3 million tons per year, which the company produces rails. In the future, JSW plans to use the enterprise rolling mills for the production of up to 700 tonnes of rebar and wire rod per year. Later, JSW Steel is going to install on Aferpi the furnace, but have not yet decided the timing.