 In 2010, Severstal acquired all the shares of Lucchini Group from Lucchini family and became the only shareholder of the company.The Group's founder and former Honorary President Luigi Lucchini expanded and developed his father's business of crafting iron at Casto, Italy by building a small rolling mill to produce rebar during the period after World War II.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.