Ukraine-headquartered Metinvest group has announced the resumption of operations at its Italy-based facilities. Since the validity of the relevant Italian government decree has expired, the facilities, namely Ferriera Valsider and Metinvest Trametal, have restarted working in their regular mode.
In particular, according to the official notice, Ferriera Valsider relaunched production on April 30, while Trametal restarted production on April 12. Both facilities are said to have enough feedstock in order to produce according to the demand situation. Metinvest expects Ferrira Valsider and Trametal to produce 32,000 mt and 40,000 mt in May, SteelOrbis has learned.
The operations at both facilities were halted back on March 23 in reaction to the requirement of the Italian government for metallurgical enterprises to suspend their work, as reported previously.
