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It is located at the head of the Salamandra stream, below the Rabassada road. It was very popular at the beginning of the 20th century due to its proximity to the Old Casino de la Rabassada. The guests of the casino hotel would go there for a short walk. The name comes from the ferruginous content of the water that flows from it. Situated on a large esplanade, the construction is a wall with a symmetrical structure and a semicircular line. A bench runs along the entire wall. In the central part is the front of the fountain from which a small stream flows.
This is all that remains of the cooperative wine press, begun in 1921 to the design of Cesar Martinell, an architect who specialised in agricultural building at that time, inspired both by Gaudi's art nouveau design and the rationalism of the beginning of the 20th century. The wine industry declined after the 1950s and the last pressing was completed in 1988. The surrounding buildings were demolished, including, in 1994, the hall for vats, to allow for the expansion of urban building. In the remaining hall, exhibitions are shown and can be visited on certain days, particularly weekends