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CLASS

Danieli Group heads toward East

August 22, 2019


Abstract : The order book is aiming at East. The company's latest agreement was made with the Japanese steel group Tokyo Steel. However, in recent months the Buttrio-based multinational company has placed orders in Thailand, Vietnam and China. As well as in Russia and Uzbekistan.

MILAN, Aug 21 (Class Editori) – Danieli is expanding its business at an international level, aiming mainly toward East. The order book is aiming at East.  The company's latest agreement was made with the Japanese steel Group Tokyo Steel, and it is a sign of this trend. The main Japanese steel scrap user has selected the Danieli company to use the Q-ASC Automatic Scrap Classification system.

Recently the multinational led by the CEO, Giacomo Mareschi Danieli, received new orders from China, Thailand and Vietnam. In Thailand, the subsidiary Danieli Services will provide GJ Steel with a new set of 216 stainless steel rolls as part of a plant modernization project, while the Vietnamese Pomina, one of the largest steel producers in the country, has awarded Danieli Automation the supply of a package of electrical and automation equipment for the existing Reheating oven and the mill in Pomina 2.

Again, between June and July the company receveid two new orders from China. Luzhou Xinyang ordered two new electric arc furnaces for its steelworks in Luzhou, Sichuan province.  That order is part of the Chinese group's investment plan aimed at technological upgrading and efficiency of its production facilities. The start-up phase of the two ovens is scheduled. A week earlier, Minyuan I&S group had commissioned to the Danieli multinational a new bar mill for its Shandong plant.

Meanwhile, Danieli had a new contract for the construction of a plant to manufacture seamless pipes and tubes for oil and gas production in Russia. In early February, it had partnered with GFG Alliance for the design and construction of a new high-tech rail and profile steelworks at the Whyalla Steelworks plant in Australia.

(Source:Class Editori)

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Keyword: Danieli Group

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