More orders from Europe for Danieli
Dopo il calo dei ricavi, attesa una ripresa con maxi ordini (Hyundai) ma anche con l’Ue - Avanti con la cordata su Ilva; su Piombino, entro l’anno il terzo socio con Metinvest
The Danieli group, a major player in the steel plant engineering sector, is seeing a surge in significant orders from the European market, in addition to existing orders from strategic markets like India and the US. The company's subsidiary, Abs, is set to double its steel output to 2 million tonnes with a new furnace, benefiting from EU safeguard measures.
Danieli is also actively involved in two key Italian projects: the acquisition of ex-Ilva and the construction of a new steel plant in Piombino with Ukraine's Metinvest, with a third partner to be selected by the end of the year. The group reported a 9% decline in revenue to €3.8 billion in the last financial year, but expects a recovery this year.
Danieli has secured new orders, including a $650 million deal in the US with Hyundai, a client it had not worked with before.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
