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JSW Steel Italy Piombino advances EUR 148 million rail mill modernisation

The Piombino rail mill upgrade is backed by a EUR 33 million Italian government grant channelled through INVITALIA.

Project financeITAPublished · 1 sourced fact

JSW Steel Italy Piombino is carrying out a Rail Mill Modernisation Project at its Piombino site in Italy with an estimated cost of about EUR 148 million.[1]

The upgrade is intended to let the mill produce rails of up to 120 metres as well as head-hardened rails.[1]

In April 2025, INVITALIA delivered EUR 33 million in state funding for the project under a Development Contract with the Italian Government.[1]

The grant supports the same roughly EUR 148 million modernisation programme at the Piombino facility.[1]

Sources

  1. [1]Deal announcement: A Century of Heritage. A New Era of Technology.

Deal facts restated by Stonewake from the cited public announcements and reports; figures as reported by the cited source.

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