Danieli & C. Officine Meccaniche S.p.A. Preferred Stock (DNIEF)
OTC GREY OTC GREY Primary Summary
Steel Or Steal? Danieli's €5.8B Backlog To Build The Digital Age Backbone
Steel is certainly making many investors fearful due to geopolitical tensions and tariff-fears. Danieli offers an interesting way to gain exposure to a key material of today's world, without being directly affected by commodity price fluctuations. Danieli's leadership position in steel-making plants positions the company to benefit from increased infrastructure spending.
U.S. Isolationism Is Good For Danieli Given No U.S. Competitors
Danieli's unique position in the US market, with no local competitors, and potential benefits from reindustrialization policies make it a compelling investment despite macro concerns. The company's plantmaking segment shows robust profitability and growth, driven by advanced, energy-efficient steel plant solutions, even as the steelmaking segment faces macroeconomic pressures. The stock's current low valuation, combined with potential earnings catalysts and a possible capital structure simplification, presents an attractive entry point for investors.
Danieli: Still Large Backlogs, Play On The Savings Shares
Danieli's savings shares offer potential advantages over ordinary shares, especially with a possible conversion event that could simplify due diligence and improve index weighting. Despite a decline in steelmaking profits, Danieli's plant-making business remains strong, supported by a solid backlog and potential new signings. The extended modernization plan prevents any reduction in the net cash balance, but the plant-making business is expected to perform well even under market pressure.
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Danieli & C. Officine Meccaniche S.p.A. Preferred Stock Profile
| Biotechnology Industry | Healthcare Sector | Mr. Il-Sup Huh Ph.D. CEO | OTC GREY Exchange | - ISIN |
| KR Country | 144 Employees | 19 Nov 2024 Last Dividend | - Last Split | - IPO Date |
Overview
Danieli & C. Officine Meccaniche S.p.A., founded in 1914 and headquartered in Buttrio, Italy, is a prominent player in the global iron and steel industry, providing comprehensive solutions for the construction and operation of plants. The company serves a vast geographical market, including Europe, Russia, the Middle East, the Americas, and South East Asia, through two main segments: Plant Making and Steel Making. Danieli's expertise encompasses the entire production process, from the extraction and processing of raw materials to the manufacturing of finished steel products, making it a key contributor to the infrastructure development and industrial capabilities of many regions.
Products and Services
- Mines to Finished Products: Danieli designs and constructs complete plants for the steel production chain, starting from mines, pellet production plants, blast furnaces, direct reduction units, and scrap shredders, leading up to steelworks for producing liquid steel.
- Continuous Casting: The company specializes in continuous casting equipment for blooms, billets, slabs, and thin slabs, crucial for the seamless transformation of molten steel into solid forms used in further processing.
- Rolling Mills: Danieli builds rolling mills for long products and seamless tubes, alongside lines for welded tubes, catering to the diverse requirements of the steel manufacturing industry.
- Flat Products: Hot and cold rolling mills for flat products are offered, along with process lines for these products, addressing the demand for sheets and coils in the market.
- Quality Control and Conditioning Plants: Plants for dimensional checking, non-destructive quality control, and conditioning are part of Danieli's expansive product line, ensuring high standards of quality and preparation for market.
- Secondary Processing Equipment: The company provides peeling, straightening, 2-roll reeling, and drawing machines, which are essential for the finishing processes of steel manufacturing.
- Forging and Extrusion: Danieli’s offerings include forging presses and manipulators, forging plants, and extrusion presses for both ferrous and non-ferrous materials, catering to specialized manufacturing requirements.
- Cutting and Automation Systems: The company designs plants for longitudinal and transversal cutting, along with comprehensive plant automation systems, enhancing efficiency and precision in production.
- Lifting Equipment: Cranes and other lifting equipment from Danieli are integral for the handling of materials and products within the manufacturing process.
- Special and Structural Steel Production: Beyond plant construction, Danieli engages in the production and sale of special steel, including ingots, blooms, billets, and forged and rolled products, as well as structural steel catering to specific market needs in engineering components.
Contact Information
