Cogne Acciai Speciali eyes sales revenue of €600 million by 2015

Wednesday, 06 June 2012 15:53:12 (GMT+3)   |  

Aosta, Italy-based special steel producer Cogne Acciai Speciali (CAS) has set itself the target of increasing its sales revenues by 12 percent to €600 million by 2015, as reported by local Italian media sources.

Cogne Acciai Speciali expects to achieve its goal via diversification of product mix and increased output of high value-added products.

Meanwhile, local financial institution Finaosta stated that the company's net debt amounts to €170-180 million, while Cogne Acciai Speciali stated in response that as of December 31 last year its net debt amounted to just €135 million.


Similar articles

World crude steel output up 0.4 percent in January-November

21 Dec | Steel News

Ilva must start shutdown process by October 11

08 Oct | Steel News

Italy’s ABS to restart Croatian EAF in November

05 Oct | Steel News

Cogne Acciai Speciali’s output down 4-5 percent in Jan-Sept

04 Oct | Steel News

Lucchini unveils several rail orders from Europe and overseas

28 Sep | Steel News

Italy’s crude steel output down 15.5 percent in August

19 Sep | Steel News

Ilva ordered to switch off two blast furnaces

18 Sep | Steel News

ArcelorMittal Piombino to idle pickling and CR lines in Q4

14 Sep | Steel News

Italy’s AFV Beltrame to close Venice-based rolling mill

13 Sep | Steel News

Italy’s crude steel output down 8.9 percent in July

04 Sep | Steel News