For this year, the company expects a growth in the consumption of commercial steel, a sector evaluated at over EUR1.5 billion, and an annual volume of three million tons.
Frankstahl Romania general manager, Romano Del Negro, said that 2014 is a year of recovery for the steel industry, for both traders and producers.
For the second half of the year, the company targets a 7% increase in the volume of traded steel.
Frankstahl also operates in the Czech Republic, Croatia, Hungary, Bosnia & Herzegovina, Bulgaria, Slovakia and Slovenia, and employs over 1,000 people.
The Austrian group is also present on the Romanian market through Konig Frankstahl Romania, a joint venture between Frankstahl Austria and Alukoenigstahl Austria.