Italy's Arvedi Group plans € 1 billion investment in Acciai Speciali Terni

2022-05-21 18:05:16 By : Ms. Ann Lee

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Arvedi's objective is to use the entire production capacity of the two furnaces present in the steel plant, bringing it up to approximately 1.6 million tons. The plan will develop on the basis of agreement on a program with the Italian government, that will also involve local and national institutions and trade unions. The plan will address the issue of energy, in particular to allow the production of green hydrogen, with which all heating furnaces will be powered, thereby contributing to decarbonization.