Lucchini unveils several rail orders from Europe and overseas

Friday, 28 September 2012 17:53:13 (GMT+3)   |  
Italian long steel producer Lucchini has announced that it has received several orders for steel rails strengthening its position in its traditional markets as well as in new ones. Accordingly, Italian Railways has placed an order for steel rails worth €80 million, reflecting Lucchini's competitiveness compared to foreign competitors, as stated by Lucchini.
 
Important new orders have also recently been received by Lucchini from France, the United Kingdom, Romania, Bulgaria and Croatia, and also from Turkey, 70 percent of whose rail demand is satisfied by Lucchini. Moreover, throughout 2013 Lucchini will continue its partnership with the Swiss national railway company in the field of both traditional railway lines and high speed lines. Due to recently booked orders, the Piombino-based rail mill of Lucchini will be busy for the first half of next year.
 
Lucchini went on to state that it aims to enlarge its shares in overseas markets also thanks to its captive port infrastructures. The company also stated that it recently received rail orders for 12,000 mt from Argentina and for 40,000 mt from Algeria. Moreover, by the end of 2012 Lucchini plans to ship more than 50,000 mt of rails to the UAE for the development of rail projects in Abu Dhabi.
 
Finally, Lucchini said it is monitoring rail projects under development in the ASEAN countries and in Africa as well, while it has already received orders from Malaysia and Nigeria.

Similar articles

US domestic rebar and wire rod prices flat again as December scrap settles higher

12 Dec | Longs and Billet

US import long steel pricing stable following December scrap negotiations

12 Dec | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 50, 2025

12 Dec | Longs and Billet

Domestic rebar prices in Taiwan - week 50, 2025

12 Dec | Longs and Billet

European longs market quiet amid CBAM anticipation and upcoming winter holidays

12 Dec | Longs and Billet

Ex-China rebar prices under pressure from weak demand

12 Dec | Longs and Billet

Ex-Turkey merchant bar prices stable ahead of holiday season

12 Dec | Longs and Billet

MOC: Average rebar price in China up 0.7 percent in Dec 1-7

12 Dec | Steel News

Romanian rebar prices rise under CBAM pressure, wire rod stable as demand still low

11 Dec | Longs and Billet

Turkish longs mills still focus locally despite slower demand, softer pricing in some regions

11 Dec | Longs and Billet