# Duferco Travi e Profilati invests €180M in new rolling mill

Duferco Travi e Profilati signed an agreement with SMS Group to build a new rolling mill, investing over €180 million. The project will be realized in the next two years.

- Type: Investment
- Announced: 2021-01-08
- Where: Italy
- Value: $220.0M (180.0M EUR)
- Starts operating: 2023
- Status: under construction
- Products: steel beams, long products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Duferco Travi e Profilati](https://endata.com/companies/52392.md)
- [SMS group](https://endata.com/companies/2366.md) (partner)

## Sources

- [dufercotp.com](https://www.dufercotp.com/en/duferco-travi-e-profilati-is-born-to-be-market-leader-in-the-production-of-steel-beams-and-long-products/), 2021-01-08: "We are going to spend over 180 million, so that our dream will come true: verticalize our production and become one of the most performing beams producers in Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
