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Fimi reports full order books despite crisis

Italian equipment maker Fimi Machinery tells Kallanish it has full order books until 2025 and the current economic and geopolitical crisis is not affecting mills’ investments for the moment. This year started with significant technology supply requests from large international steel producers.

The company says it is investing to gain market share in the US where it is partnering with US-based Janus Automation. It is also eyeing India, where it opened new offices in Mumbai, with the aim to strengthen its presence in Asian countries where the company has several clients (see Kallanish passim).

In Europe, the company is pursuing its strategy to reach markets such as Germany and Switzerland, as well as the CIS region. After an extended ramp-up phase, Fimi says voestalpine’s new slitting line for hot strip steel has been commissioned, following delays on account of the Covid-19 pandemic. The line is designed for hot-rolled steel, pickled and not pickled, dry and oiled coil. Thanks to this investment, voestalpine has improved efficiency and widened product range.

Natalia Capra France