Our history

The Group’s founder and current Honorary President Luigi Lucchini expanded and developed his father’s business of crafting iron at Casto in Valle Sabbia by building a small rolling mill to produce rebar during the period after 2nd World War.

Since the beginning, for more than half a century, we have remained committed to the steelmaking and have overcome many challenges in both processing and new market developments under all types of market conditions.

Over the years, the craftsmanship was replaced by industry, investing in more and more productive rolling mills and building the first electric arc furnaces to melt scrap and transform it into steel ingots, ready for rolling. During this period Lucchini played a role within the Italian steel industry making a name for itself through unyielding determination.

In the Seventies and Eighties, Lucchini Group forecasted market evolution and progressively widened its product range to include added value products through investment and acquisition.

Through p rivatization, t he g roup entered the integral cycle technology, widened its product range, invested its resources in R&D sector, set an increasing attention onto customer service and developed the internationalization process.

In 2005, following a financial restructuring due to important investments in the plants, the majority of Lucchini Group was acquired by the Russian Group SeverStal, through a capital increase.

Today, Lucchini Group consists of two Business Units: Lucchini Piombino in Italy and Ascometal in France.