Switzerland Lugano based steel trader Trasteel International has taken over Officine Tecnosider of San Giorgio di Nogaro in Udine in Italy. Officine Tecnosider founding partners Giampiero Gori, Ivo Sant, Giorgio Pinto, and Ivo Conti in a letter sent to Tecnosider’s 110 employees explained that the decision to cede control of the rolling mill is based on the logic of strengthening in line with aggregation and concentration trends.
Officine Technosider is a steel rerolling mill that had initially started its production in the year 2011, has a yearly production capacity of 400,000 metric tons/year of plates and round bars. The company produces steel grades for application in all standard structural components, boiler steel, steel for quenching & tempering and steel for pressure vessels. The company’s steel operations are established in San Giorgio di Nogaro (Udine).