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Giacomo Mareschi Danieli (Danieli Group) on sustainability and regionalization in steel

Continuing projects and actions focused on the sustainable transition in the steel industry, a phenomenon far from being concluded, indeed one that will last for many years, and focusing on the opportunities provided by market regionalization. Danieli Group’s CEO Giacomo Mareschi Danieli discussed these points in a recent interview with the Italian newspaper “Il Sole 24 Ore”.

Specifically, the CEO emphasized the Group’s intention to follow the path already outlined by former Chairman Gianpietro Benedetti, who passed away at the end of April 2024. The sustainable transition “is a long-term trend that will last for many years, and it is in the DNA of an innovative company like Danieli Group”, Giacomo Mareschi Danieli stated. Speaking also about the Group’s economic performance, the CEO noted that “the boost to our revenue, which we expect to exceed 4 billion euros by the end of the fiscal year in June, is linked to the fact that companies today invest not only because they need to grow, but in a certain sense to survive in a rapidly evolving context”. He also stressed that the Group is “well-positioned and continues on this path, with an order portfolio that in the first half of the fiscal year has already met and exceeded targets, surpassing 6 billion euros”.

In the interview, Giacomo Mareschi Danieli also touched on current trends such as increasing regionalization in the global steel industry: “Besides decarbonization, we can seize opportunities from the regionalization of markets. After a sort of intoxication with the need for globalization in past years, countries are now reassessing the importance of a competitive local steel industry. We are ready to support this trend”, he stated.

Finally, regarding the former Ilva steel plant in Taranto, Italy, the CEO remarked: “I do not see the possibility of our direct involvement in its management: we are technology suppliers and will remain as such. As for Dri d’Italia, we expect a tender to be published soon. It will be a public tender with clear rules for everyone, and we plan to participate with enthusiasm, relying on the strength of our technology”.

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