Feralpi Caleotto wire rod mill deal
Acciaierie di Calvisano – Feralpi Group reports that it is awaiting final approval for its proposal to acquire full control of the Feralpi Caleotto wire rod mill in northern Italy. This step would consolidate ownership and strengthen Feralpi’s position in the special wire rod market.
Duferco exits Caleotto joint venture
Published reports note that Duferco Italia Holding has agreed to sell its 50% stake in the Caleotto wire rod mill. Once the parties finalize the transaction, Feralpi will move from joint partner to sole owner of the operation.
Caleotto supplies special wire rod to several key markets, including the automotive sector, where quality and performance are essential. For related long products coverage, see our wire rod market news.
Strategic importance of Caleotto production
Full control of the mill will allow Feralpi to better coordinate production planning, capital investment, and commercial strategy across its steel operations. The plant’s focus on high-quality special wire rod supports demanding applications in automotive and engineering, reinforcing Feralpi’s offering in value-added steel products.
