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Try the Free AI Search EngineMarcegaglia’s €364M Investment Drives Optimism in European Steel; Plant Activity Monitored
Europe’s steel market exhibits a very positive sentiment, fueled by substantial investments aimed at modernization and decarbonization, particularly by Marcegaglia in Italy. These investments and the overall dynamics are tracked via satellite-observed plant activity, providing insights into potential market shifts. The activity changes at observed plants in Europe cannot be directly linked to the named news article.
Marcegaglia’s commitment is highlighted by “Marcegaglia invests €364 million in modernization of plants in Italy“, “Marcegaglia invests €278 million in Ravenna, logistics, decarbonization and innovation at core of new industrial plan“, and “Marcegaglia invests 278 million euros in Ravenna, logistics, decarbonization and innovation as part of a new industrial plan“. These investments in Ravenna focus on energy efficiency, renewable energy, circular economy, and automated logistics, alongside investments in French facilities to establish a green steel hub.
The Mean Steelplant Activity in Europe has been showing negative values since February 2025 making comparisons difficult.
Sidenor Aceros Especiales Basuri steel plant in Spain maintained relatively stable activity, hovering around 46-52% from December 2024 to June 2025. Celsa Global Steel Wire Santander plant experienced a gradual decline from 45% in December 2024 to 26% in April 2025, before slightly recovering to 32% by June 2025. Magnitogorsk Iron & Steel Works saw a moderate decrease from 46% in February/March 2025 to 39% in June 2025.
Sidenor Aceros Especiales Basuri steel plant, located in Vizcaya, Spain, has a crude steel production capacity of 740ktpa via EAF technology, focusing on finished rolled products like bars for the automotive, building, and energy sectors. The plant’s activity remained relatively stable from December 2024 to June 2025. No direct connection between these activity levels and the Marcegaglia news articles can be established.
Celsa Global Steel Wire Santander plant, situated in Cantabria, Spain, also has a 750ktpa crude steel capacity, utilizing EAF technology to produce wire rod, sections, and bars. The plant experienced a noticeable decline in activity from December 2024 to April 2025, followed by a slight recovery. No direct connection between these activity levels and the Marcegaglia news articles can be established.
Magnitogorsk Iron & Steel Works, located in Russia, is a large integrated steel plant with a crude steel capacity of 14,500ktpa, utilizing both BOF and EAF technologies. Its product range includes semi-finished products, hot-rolled and cold-rolled coils, and various bars, serving a wide range of industries. The plant’s activity showed a gradual decline from February 2025 to June 2025. No direct connection between these activity levels and the Marcegaglia news articles can be established.
Given Marcegaglia’s significant investments in modernizing and decarbonizing its Italian and French facilities as detailed in “Marcegaglia invests €364 million in modernization of plants in Italy”, “Marcegaglia invests €278 million in Ravenna, logistics, decarbonization and innovation at core of new industrial plan”, and “Marcegaglia invests 278 million euros in Ravenna, logistics, decarbonization and innovation as part of a new industrial plan”:
- Potential Supply Disruptions: While activity levels at the observed steel plants do not seem to be impacted by Marcegaglia’s investments, buyers should monitor Marcegaglia’s Ravenna and French plants, as facility upgrades may cause short-term operational adjustments in the future.
- Recommended Procurement Actions: Buyers should explore opportunities to secure supply contracts with Marcegaglia, particularly for green steel products expected to emerge from their French plant, positioning themselves to benefit from the company’s focus on sustainability and innovation.