Marcegaglia and Sideralba form joint venture in Tunisia

Marcegaglia Carbon Steel and Sideralba have formed an equal joint venture, SM Tunis Acier S.A., in Tunisia. With an initial investment of €10 million, the company aims to double production from 200,000 to 400,000 metric tons by 2023.

“We strongly believe in this industrial partnership, which also arises from bonds of deep friendship between our two families.”steelorbis.com

• 1 source
• steelorbis.comItalian steelmakers Marcegaglia and Sideralba establish JV in TunisiaMar 4, 2022

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