{
  "id": 15117972,
  "title": "More orders from Europe for Danieli",
  "url": "https://urgent.news/2026/10/17/piu-ordini-dalleuropa-per-danieli",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-17T04:17:04.000Z",
  "source": {
    "name": "Il Sole 24 Ore",
    "slug": "il-sole-24-ore",
    "url": "https://www.ilsole24ore.com/art/piu-ordini-dall-europa-danieli-AJHjLQmB"
  },
  "original_language": "it",
  "account": "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.",
  "summary": "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",
  "key_points": [
    "European orders surge for Danieli, driven by Brussels' safeguard measures.",
    "Abs subsidiary aims to double output to 2 million tonnes with massive furnace investment.",
    "Group targets third partner by year-end, despite 9% revenue drop last fiscal year."
  ],
  "editors_take": "Brussels' protective trade measures are reshaping the steel market by favoring established industrial players like Danieli and driving significant capacity expansions through subsidiaries like Abs.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}