Alta demanda por EAF no mercado global – Danieli CEO

High demand for EAF in the global market – Danieli CEO

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Currently, the company has pending orders for 30 ovens

Italy's Danieli, a leading European and global manufacturer of metalworking equipment, is seeing high demand for electric arc furnaces (EAFs) in the global market. Giacomo Marechi Danieli, CEO of Danieli, told Japan Metal Diary.

According to him, Danieli currently has unfinished orders for 30 ovens and the company has already secured enough orders to guarantee its workforce for 2 to 3 years.

«According to our estimates, our company is responsible for more than half of global electric arc furnace sales», said the CEO of Danieli.

Giacomo Marechi Danieli also highlighted the successful operation of Energiron technology. These are direct reduced iron (DRI) plants for natural gas producing countries such as South and Central America.

According to the company's CEO, Danieli's profiles/profiles lines, which have a global market share of around 70%, also show good results.

“Most notably, we have received many inquiries about MIDA, our unique endless rolling mill that directly connects an electric arc furnace, a continuous caster and a bar/shape mill. The most distinctive feature of 'MIDA' is its extremely high energy efficiency as it does not require reheating of the billets”, explains Danieli.

The company's CEO notes that Danieli intends to strengthen its efforts to provide technology offerings to integrated steel producers considering converting blast furnaces to electric arc furnaces.

The company has already received orders for large EAFs from many integrated steel producers in Western markets, including Canada's Algoma Steel in 2021. As part of this cooperation, Danieli plans to supply two 250-tonne electric arc furnaces as an alternative to a blast furnace and aims to have them operational by the summer of 2024.

The company will establish a production facility in the Kansai region to expand its after-sales inspection/maintenance services in the Japanese market. It will begin providing services no earlier than June 2024.

In the 2022/2023 fiscal year (ending June 30, 2023), Danieli increased sales by more than 10% compared to the previous fiscal year, to 4.1 billion euros. Over the past 20 years, Danieli has supplied 175 electric arc furnaces to customers around the world.

As previously reported by us, the company will supply a hybrid DRI unit to the Ternium steel mill in Mexico. The project will contribute to Ternium's commitment to decarbonize its production by 2030.

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