Marcegaglia received €8.6 billion in revenue in 2022

The company's EBITDA in 2022 reached €727 million, while net profit reached €411 million
H2 Green Steel has entered into an agreement with Marcegaglia for €1.79 billion

The agreement provides for the supply of green steel H2 Green Steel to Marcegaglia enterprises

Marcegaglia completed the acquisition of the Latvian SIA Severstal Distribution

The company gained control over the SIA SD service center in Riga and subsidiaries of SD Sp.zo.o. in Poland and SD LLC in Ukraine

The EC approved the acquisition of Marcegaglia by Latvian Severstal Distribution SIA

SD SIA controls the service center in Riga and subsidiary companies SD Sp.zo.o. in Poland and SD OOO in Ukraine
Marcegaglia plans to acquire Latvian Severstal Distribution SIA

Currently, these intentions are being evaluated by the EU antimonopoly authority
Italy’s Marcegaglia buys a stainless steel plant in the UK

In this way, the company plans to bypass the protective measures of the European Union, anti-dumping duties and the CBAM mechanism

Steel prices are already close to minimum – Marcegaglia

The Italian reroller expects a rapid increase in steel prices by 8-10%