1. AWPA ANNUAL MEETING FEB. 27, 2002 HOW TO PRONOUNCE «LUCCHINI»?

2. AWPA ANNUAL MEETING FEB. 27, 2002 GRUPPO LUCCHINI’S EVOLUTION 1957FERRIERE DI CASTO S.a.s. (Casto's rolling mill). 1992THE ACQUISITION OF ACCIAIERIE E FERRIERE DI PIOMBINO S.r.l. COMPLETES A FIRST CYCLE OF GROWTH BY ACQUISITION. GRUPPO LUCCHINI IS THE LEADING ITALIAN MANUFACTURER OF QUALITY LONG PRODUCTS WITH AN OUTPUT OF 3.5 MILLION MTPA. 1992HUTA L.W.Sp.z.o.o. in Warsaw, Poland. 1995/962% USINOR shares ALTIFORNI E FERRIERE DI SERVOLA S.p.A., GSI LUCCHINI S.p.a. 1998LA MAGONA D'ITALIA S.p.A. (Flat Products) is sold to USINOR Group 1999THE ACQUISITION OF ASCOMETAL S.A. COMPLETES A SECOND CYCLE OF GROWTH BY ACQUISITION. GRUPPO LUCCHINI IS THE LEADING EUROPEAN MANUFACTURER OF QUALITY LONG PRODUCTS WITH AN OUTPUT5 MILLION MTPA.

3. AWPA ANNUAL MEETING FEB. 27, 2002 2000 3,603,000 3,952 24 11,022 1999 3,127,000 3,037 21 10,600 1990 891,000 649 6 2,756 1980 310,000 101 4 822 1975 174,000 25 4 552 YEAR OUTPUT HR PRODUCTS IN MT SALESREVENUES IN MUS$ NUMBER OF SITES SITES EMPLOYEES GRUPPO LUCCHINI’S EVOLUTION

4. AWPA ANNUAL MEETING FEB. 27, 2002 GRUPPO LUCCHINI IN 2002

5. AWPA ANNUAL MEETING FEB. 27, 2002 GRUPPO LUCCHINI’S OPERATIONS IN 2002 MILLS SERVICE CENTRES

6. AWPA ANNUAL MEETING FEB. 27, 2002 2001 WIRE-ROD SALES BY PLANT IN MT

7. AWPA ANNUAL MEETING FEB. 27, 2002 2001 PIOMBINO ROD SALES BY MARKET IN MT

8. AWPA ANNUAL MEETING FEB. 27, 2002 2001 FOS SUR MER ROD SALES BY MARKET IN MT

9. AWPA ANNUAL MEETING FEB. 27, 2002 LUCCHINI USA

10. AWPA ANNUAL MEETING FEB. 27, 2002 GRUPPO LUCCHINI’S ROD MILLS FOR THE US MARKET FOR THE US MARKET

11. AWPA ANNUAL MEETING FEB. 27, 2002 PIOMBINO: ISO-9001 QS-9000  CAPACITY 2,500,000 MTPA REVAMPING 1998.  Low environmental impact  NEW COKE OVEN 1999.  100 MT TURPEDO RAIL CARS. PIG IRON AREA: BLAST FURNACE AND COKE PLANT

12. AWPA ANNUAL MEETING FEB. 27, 2002 PIOMBINOPIOMBINO STEELMAKING  CAPACITY : 2.300.000 MTPA.  4 CASTERS 4 STEELMAKING UNITS (2 VACUUM): DESULFURING STATION, CONVERTER, LF. TOTAL REVAMPING IN 1999.  120 MT HEATS WITH 20% OF IN HOUSE SCRAP.  PROCESS CONTROL.  CONTROLS AND CONDITIONING: MAGNETIC PARTICLE, GRINDING, SANDBLASTING.

13. AWPA ANNUAL MEETING FEB. 27, 2002 ROD MILL “TVE” – 550.000 MTPA  REHEATING FURNACE WITH WALKING BEAM (TEMP. CONTROL).  TWIN TOLLING MILL (NO TWIST) WITH 26 STANDS.  2 STELMOR LINES (120 METERS).  5.5 – 16 mm WITH 0.5 mm INCREMENTS.  MAX COIL WEIGHT 2200 kg (4400 lbs) PIOMBINOPIOMBINO

14. AWPA ANNUAL MEETING FEB. 27, 2002 SAREZZO ISO-9002 QS-9000  EAF.  CAPACITY: 540.000 MTPA  ROLLING CAPACITY: 260.000 MTPA  HR ROUND BAR  BAR IN COIL 16 – 32 mm.

15. AWPA ANNUAL MEETING FEB. 27, 2002 STEELMAKING CAPACITY: 450.000 MTPA  EAF 120 MT.  VACUUM DEGASSING.  AUTOMATIC LINE FOR RECONDITIONING AND SHOTBLASTING.  AVERAGE OUTPUT HR PRODUCTS: 390.000 MTPA FOS SUR MER ISO-9002 QS-9000 STEELMAKING

16. AWPA ANNUAL MEETING FEB. 27, 2002 up to 7.5 metric tons Square ingots Billets and blooms Large-diameter rolled rounds Wire rod Drawn wire from 1.968” to 15.75” (50 to 400 mm) from 3.15 ” to 12.80 ” (80 to 325 mm) Imperial sizes rolled between 6-12’’ every 1/4 inches from.2 ” to 1.260” (5 to 32 mm) from.04” to 1.18” (1 to 30 mm) FOS SUR MER PRODUCT RANGE

17. AWPA ANNUAL MEETING FEB. 27, 2002 ROLLING MILL 13 soaking pits Primary mill Scarfing Finishing mill Single-strand no-twist high-speed rod mill (12 000 hp) enabling close tolerances to be achieved on hot-rolled products and in particular internal soundness of products due to rolling at low temperature 29 stands, with a Morgan finishing block, Stelmor and Garrett controlled cooling, inspection of surface quality on the hot product (Förster), control of profile by means of an Orbis gauge FOS SUR MER