Duferco
| Duferco SA
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|---|---|
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| legal form | Corporation |
| founding | 1979 |
| Seat | Lugano , Switzerland |
| management | Bruno Bolfo ( CEO and Chairman of the Board of Directors ) |
| Number of employees | 8500 (2007) |
| sales | $ 10.2 billion (2007) |
| Branch | Steel, raw materials trading |
| Website | www.duferco.com |
The Duferco SA , based in Lugano is an international Swiss steel - and mining group . The group of companies, which is active in more than 40 countries, has around 8,500 employees and in 2007 generated consolidated sales of 10.2 billion US dollars.
Field of activity
The activities of the Duferco Group are divided into the three areas of trade, production and sales.
The trading activities include all types of steel and steel products as well as raw materials for the steel industry . In 2007 the trading volume was 17.5 million tons, almost two thirds of which was accounted for by steel and steel products and around one third by raw materials. Duferco has 20 of its own steel works . In 2007 these produced a total of 6.9 million tons of steel. The sales area includes the sale of processed steel products.
In addition, the group is increasingly active in selected areas of the energy sector , especially renewable energies, as well as in shipping and logistics .
history
Duferco was founded in 1979 by the Italian Bruno Bolfo and a few others. His goal was to export steel from Brazil worldwide. In 1982 the company moved its headquarters from New York and São Paulo to Lugano. Initially only active in steel trading , Duferco expanded its activities in the early 1990s to include raw materials trading , in particular with raw materials for the steel industry such as coke , coal , iron ore , scrap , pig iron and sponge iron .
With the takeover of the Italian Ferdofin Siderurgica (later renamed Duferdofin ) in 1996 , Duferco entered steel production. The company later acquired additional steelworks, particularly in Italy, Belgium and Eastern Europe.
After the turn of the millennium , Duferco diversified its activities, among other things, by entering the fields of energy, shipping and logistics.