# JSW Steel invests €143M to modernize Piombino rail mill

JSW Steel announced a €143 million investment to modernize its rail mill at Piombino, Italy, doubling capacity from 300,000 to 600,000 tonnes per annum. The project includes a Tandem Mill and head-hardening facility.

- Type: Expansion
- Announced: 2024-03-01
- Where: Piombino, Tuscany, Italy
- Value: $155.0M (143.0M EUR)
- Status: announced
- Capacity: 600,000 tonnes per annum
- Products: steel rails
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md)
- [JSW Steel Italy](https://endata.com/companies/59352.md)

## Sources

- [money.rediff.com](https://money.rediff.com/news/market/jsw-steel-invests-143-million-in-italy-rail-mill-modernization/7512620240301), 2024-03-01: "The investments of Euro 143 million in modernising the rail mill at Piombino will make the Piombino rail mill the most modern, technologically-advanced and best-in-class rail mill 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.