Metinvest resumes operation at Metinvest Trametal in Italy

The Metinvest Group resumed operation at one of its rolling facilities in Italy, Metinvest Trametal. The Company wrote about this on its official Facebook page.

“The Italian government extends the lockdown of steelmaking capacities until 3 May. The only exception is production of metal products for industries listed as critical,” Metinvest said in its message.

The new decree partly resumed operation at Metinvest Trametal.

Shipment of the earlier manufactured products from Ferriera Valsider and Metinvest Trametal is currently in progress.

As Metinvest reported earlier, the Company suspended operations at its two rolling facilities in Italy, Ferriera Valsider and Metinvest Trametal. During the suspension period, their production was expected to fall by 40 thousand tons.

Once the quarantine measures are lifted, the plants’ inventory of semi-finished products will enable operations to be resumed at a usual pace, the Company says.