According to local media reports, Italian plant Danieli has signed an agreement with Albanian steel producer Kurum International to build a green steel plant in Albania, marking the first implementation of a MIDA plant in Europe.
A new green steel plant will be built in Elbasan with a total investment cost of 150 million euros (US$177 million). The plant will be built using Danieli's patented MIDA technology, a highly efficient steel production technology designed to optimize production processes while reducing energy consumption and carbon emissions. The plant is expected to achieve an annual production capacity of approximately 1 million tons of construction steel and other steel products. Construction work is scheduled to be completed within two years.
Speaking at the signing ceremony, Federico Rocchetti, Executive Vice President of Technical Sales at Danieli, said that the project represents the first MIDA Steel plant to be implemented in Europe, positioning Albania directly in the European green steel market.
Danielli emphasized that the chosen technology allows to reduce energy consumption and minimize emissions, meeting environmental requirements for green certification clean steel, and supporting sustainable economic growth. in the Elbasan region and contributes to the revival of Albanian industry.
“This project represents not only an industrial investment, but also a clear commitment to sustainable development, technological upgrading and long-term value. With the construction of the first MIDA plant in Europe, Albania strengthens its strategic position and will be competitive in the European future that awaits us in the near future,” said Arif Shkalla, Chief Financial Officer of Kurum International.
