FAGERSTA STAINLESS AB
Metal wire
Company Profile and Global Presence
Marcegaglia, founded in 1959 by Steno Marcegaglia and currently led by Antonio and Emma Marcegaglia, is Italy's premier industrial group in the steel processing sector. With over six decades of experience, the company operates on a distinctive business model that marries operational flexibility with a strong international market footprint. The group boasts an impressive scale, with a turnover of 10 billion euros and an EBITDA of 1 billion euros, serving more than 15,000 customers globally. Its corporate ethos is built on independence, dynamism, resilience, and sustainability, establishing Marcegaglia as a significant reference point in steel processing worldwide.
Strategic Operations and Offerings
The Group maintains a comprehensive presence across the steel value chain, supported by 36 production plants and an efficient global logistics network, including proprietary port facilities. Recent strategic initiatives include the acquisition of a plant in Fos-sur-Mer, France, in June 2024, aiming to sustainably meet a substantial portion of its carbon steel requirements. Marcegaglia's subsidiary, Fagersta Stainless, acquired in 2023, is a world leader in stainless wire rod and wire production, with facilities in Sweden, the UK, and the USA. Their specialized products serve diverse applications such as welding materials, cold heading (fasteners for automotive, aerospace), springs, and high-temperature uses. Fagersta also produces bright forming wire for medical and electronics, and high-performance Vector® spoke wire for bicycles, offering customized grades, coatings, and precise mechanical properties (e.g., tensile strength 850-1500 N/mm2, wire rod 5-18mm, drawn wire 1.50-16.00mm).
Commitment to Sustainability and People
Marcegaglia integrates environmental and social sustainability throughout its operations. The Group is involved in pioneering projects like the zero-emission Stegra steel mill and CO2 capture initiatives. As a member of the United Nations Global Compact, the First Movers Coalition, and ResponsibleSteel™, it demonstrates a commitment to responsible industrial practices. Innovation is fostered through dedicated IT Engineering and R&D Divisions, focusing on digitization, automation, and developing low-carbon production. For its 7,800 employees, Marcegaglia champions diversity, fairness, and professional growth, viewing people as central to its vision. The Marcegaglia Foundation extends this commitment to broader community support, funding social, health, and educational programs, while the Casa Marcegaglia museum and educational hub preserves the company's heritage and promotes knowledge sharing.
