Spanish mill Celsa to double production by 2005
According to the recent market news, Spanish mill Celsa aims to double its
production to 7 million tons by 2005 through recent acquisitions of Huta Ostrowiec in
Poland and former ASW mill in Cardiff,
UK and expansion of its mill Castellbisbal in Barcelona,
Spain.
The officials of Celsa express that with the take-overs, the company expects to report €2.7 million of turnover, €1.7 billion of consolidated sales and 3.5 million tons of
production, hence the company will become the second largest
longs producer in
Europe.