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15 Jan
09:38

Marcegaglia to increase capex in 2019

Italian re-roller Marcegaglia tells Kallanish that the company will invest between €80-100 million ($91-114m) in capex in 2019, compared to €60m in 2018. Ceo Antonio Marcegaglia confirms that the priority is to improve production and quality as well as the efficiency of business processes. The executive said in an interview with Siderweb and confirmed to Kallanish that the new €30m rolling mill in Ravenna will allow the company &ldq…
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