Steel Market 01 / 2020

Italy and Southern Europe
Special
Raccortubi Norsk appoints new Managing Director
Raccortubi Norsk, the UK branch of
Raccortubi Group, based in Aberdeen,
has appointed Andy Troup as Managing
Director. »The internal reorganisation
comes inevitably after the
steady growth of the branch since its
acquisition in 2015 and will promote a
further successful step in the history
of the company,« the company states.
Peter Ray will remain on the Board of
Directors and will be actively focused,
more than ever before, on the commercial
relationship with key customers,
frame agreements and complete
projects handling. Andy Troup has
been giving his contribution to the
Andy Troup (right) and Peter Ray
company for more than two years
now, as Business Development Manager,
building a good knowledge of
the internal offering of Raccortubi
Group and developing important
relationships with current and new
customers, while at the same time
Marcegaglia acquires Palini & Bertoli
progressively dealing with more operational
issues. »We are always fine-tuning
our internal resources to
support our continuous growth, aiming
at providing the best service to
our clients by guaranteeing continuity
to Raccortubi Norsk’s operations,«
says Luca Pentericci, President of Raccortubi
Group. »We wish to thank
both Peter and Andy for their commitment
and the new enthusiastic
challenges ahead. Please join us in
congratulating Andy Troup as he takes
on these new responsibilities.«
The reorganisation has been fully
effective since 1 January 2020. •
Marcegaglia is a global industrial group in the steel processing sector with a turnover of more than 5.3 billion
euros. Through Marcegaglia Plates, a company dedicated to heavy quarto plates rolling, the group finalised the
purchase of 100% of the capital of Palini & Bertoli from the Russian company Evraz. »Palini & Bertoli Srl is an
important company in the sector, with a production capacity of 500,000 tons per year, developed on a wide
qualitative and dimensional range,« Marcegaglia states.The new acquisition, which is part of the strategy to
strengthen its presence on the European market, will lead the Marcegaglia group to be one of the leading
players in heavy quarto plates rolling, with a total production of 1 million tons per year.
•
Copyright: Raccortubi
Caleotto: Feralpi to take over Duferco’s holding
The Feralpi Group will be taking over
the 50% share currently held by Duferco
Italia Holding in the Lecco company
Caleotto SpA, thereby obtaining
full control. The new arrangement is
awaiting the formal approval of the
Anti-Trust Authority. Five years after
forming the equal joint venture that
led Feralpi and Duferco to taking over
and relaunching the major rolling mill
in Lecco, situated in the centre of a
well-established drawing mill district
devoted to export, the share structure
will change. This decision is a result of
the industrial development taking
place in both groups. Feralpi has significantly
developed in the special steels
sector, i.e. the wire rod produced by
Caleotto, which is considered to be a
strategic sector for the Group. Duferco
has major investments in progress
relating to the rolling mill process for
beams and rolled products, including
a new rolling mill in Brescia, where it
has focused its resources. The operational
partnership between the two
companies will not end. The continuity
of the production plant will be ensured
despite a weak reference market,
i.e. the automotive sector first
and foremost. The Caleotto rolling
mill will be continuously replenished
with billets (the semi-finished product
that supplies the rolling mill process)
from both the Feralpi Group, through
Acciaierie di Calvisano, and the Duferco
Group to ensure consistency in industrial
operations. »For the Feralpi
Group, taking over Caleotto means
entering a market with high added
value, in line with the aim to make
the special steel business unit a pillar
of the strategic development plan,«
explains Lorenzo Angelini, Caleotto’s
Managing Director. »Not only does
Caleotto represent a rolling mill of
longstanding tradition where Feralpi
and Duferco have invested in innovative
technologies, but it also encompasses
a set of skills that make it a
competitive business on the national
and international stage,« he continues.
»We have worked closely with the
Feralpi Group in the past five years,«
commented Domenico Campanella,
Managing Director of Duferco Italia
Holding. »It is a Group we hold in very
high esteem and will continue to
work with, by supplying Caleotto with
our billets. We have come to know
the Lecco area as a district with considerable
steelmaking experience and
have engaged with customers based
locally and further afield, developing
solid partnerships due in part to extensive
plant investment.« •
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