Acerinox to invest EUR 67 million in alloy division to improve performance

The largest Spanish stainless steel manufacturer Acerinox revealed in its latest statement that it is going to invest EUR 67 million in its high-performance alloys division, in order to expand its product range and to increase its sales by up to 15%.

According to the statement, the Beyond Excellence Plan will be valid for three years from 2024 to 2026, with the purpose of achieving a recurring annual target of EUR 100 million in EBITDA during the period, improving the company's operational performance and competitiveness, meeting management goals with continuous improvement and innovation.

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