(Finance) – One billion and one hundred million euros, the equivalent of 200 thousand tons of steel necessary for the tracks of the works of PNRR, and for the maintenance replacement of the existing ones. As reported by FS News, the FS Group led by Luigi Ferraris, with its subsidiary Rete Ferroviaria Italiana, is injecting life into the steel industry, starting with the steel mills of Piombino where the contract is worth over 390 million euros and the conditions already exist to expand the current credit line.
After all, the new railway infrastructures of the PNRR, and not only those, need tracks so that trains can start traveling there by 2026. RFI announced the award through a European tender of 5 lots for a total amount of 946 million euros. At the JSW Steel Italy Piombino two lots, the second, for the amount of 153,725,000, with direct award on the basis of the provisions of art. 2, paragraph 3 of the simplifications decree.
These i lots entrusted for tender in detail:
- Lot 1 to JSW Steel Italy Piombino SpA (€ 236,736,500);
- Lot 2 to ArcelorMittal Poland, SA (€ 208,328,120);
- Lot 3 to Voestalpine Rail Technology GmbH (€ 189,389,200);
- Lot 4 at Saarstahl Rail (€ 170,450,280);
- Lot 5 in ArcelorMittal Espana, SA (€ 142,041,900).
The credit lines will make it possible to meet the needs of rails necessary for the advancement of PNRR interventions and maintenance activities which amount to around 43,000 108-meter rails per year.