Metinvest Adria's Green Steel Project in Piombino Ranked Fifth in Investment Impact Awards 2026
The Metinvest Adria project, a joint venture between Ukrainian Metinvest B.V. and Italian Danieli & C., ranked fifth in the Investment Impact Awards 2026 for Mega-projects, highlighting its significant impact potential. The Italian government designated it a strategic national project on November 20. The €2.5-3 billion facility will produce approximately 2.7 million tons of steel annually using electric arc furnaces, creating over 1,000 jobs by 2027.
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Metinvest Adria, a joint venture between Metinvest B.V. and Danieli & C., ranked fifth in the Investment Impact Awards 2026 in the Mega-project category for investments over €500 million. Recognized as a strategic national project by the Italian government on November 20, it is among the top foreign direct investments in Europe with significant impact potential.
The project involves a green steel plant in Piombino, costing €2.5-3 billion. It will produce around 2.7 million tons of steel annually, reducing emissions, and is expected to create over 1,000 jobs by 2027.
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