Piombino steel plant relaunch plans unveiled
Steel company Metinvest Adria presented plans for the relaunch of steel production at Piombino, Italy, at a meeting on 10 June attended by Italian authorities including the Ministry of Enterprises and Made in Italy (MIMIT) and Italian trade unions.
An agreement will be formalized after approval by the trade unions.
Following the meeting, the unions called off a strike that had been planned for 12 June, Italian trade unions FIUM-CGL and UILM said.
In February this year, Ukrainian steelmaker Metinvest and equipment manufacturer and engineering firm Danieli signed a shareholder agreement governing their partnership in a new steel plant in Piombino, Italy. The project is governed through a joint partnership Metinvest Adria.
The Piombino steel plant, which is owned by JSW Steel, produces long steel products, including rails and operates at low capacity. Last year, Metinvest Adria finalised an agreement with JSW Steel Italia to secure access to industrial areas.
In 2024, Metinvest and MIMIT signed a declaration to promote the industrial revitalisation of Piombino through a large green steel production plant.
The new project of Metinvest Adria Piombino is anticipated to have capacity of 2.7 mt/y via electric-arc furnace production, with recycled feedstock including scrap, pig iron and direct reduced iron. The plant will partially source these raw materials from Metinvest’s operations in Ukraine. Production at the new plant is expected to start in 2027, according to McCloskey’s European Green Steel Profile.
Maria Tanatar
