{"id":17049,"date":"2023-07-28T10:01:13","date_gmt":"2023-07-28T10:01:13","guid":{"rendered":"https:\/\/specialties.marcegaglia.com\/?page_id=17049"},"modified":"2023-07-28T10:34:22","modified_gmt":"2023-07-28T10:34:22","slug":"marcegaglia-meltshop","status":"publish","type":"page","link":"https:\/\/specialties.marcegaglia.com\/en\/marcegaglia-meltshop\/","title":{"rendered":"Marcegaglia – Meltshop"},"content":{"rendered":"

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MELTSHOP<\/h3>\n

In January 2023, the Marcegaglia Group made a significant move by acquiring an electric furnace meltshop for stainless steel<\/strong> located in Sheffield, UK<\/strong>. This acquisition also includes a wire rod rolling plant and a bar production plant situated at the same site. Additionally, the company now owns a bar production plant in Richburg, USA, and a wire rod hot rolling plant and a drawn wire production plant in Fagersta, Sweden.<\/p>\n

This marks a historic milestone for Marcegaglia as it is the first time the company has invested in primary steel production<\/strong>. The strategic significance of this operation is immense, carrying strong symbolic value. Notably, Sheffield is the birthplace and the historical hub for the development of stainless steel since 1913.<\/p>\n

With this venture, Marcegaglia has taken a step towards partial integration upstream in the value chain. The move is aimed at shortening and stabilizing supply chains while fostering the development of a more sustainable and competitive product offering.<\/p>\n

The acquisition represents the largest transaction ever made by the group, fulfilling the long-cherished dream of its founder, Steno Marcegaglia, who had always aspired to invest in primary steel production.<\/p>\n

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