Just published the Annual Report of Duferco Group. Duferdofin-Nucor witnessed positive performances

by | Jan 3, 2019 | News

Duferco Group has just published the Annual Report concerning the 208 financial results and the 2019 half year results. The performances of the last period confirm the trend of growth already witnessed in the previous year with revenues up to USD 8.1 billion and the profit up to USD 46 million.

In this context, Duferdofin-Nucor, the steel division of Duferco Group, contributed considerably to this result. Despite the commercial restrictions and uncertainties, the global demand for steel remained robust and allowed Duferdofin-Nucor to witness a growth of 21% of the revenues, which increased to EUR 559.3 million, and of the net profit, which increased from EUR 1.1 to 2.1 million.

For the first time the Annual Report includes an Integrated Report on the activities in the area of Corporate Social Responsibility, risk management and impact assessment.

Franco Monteferrario, CEO of Duferdofin-Nucor, highlights the commitment of the company toward sustainability and safety of employees.

In the last three fiscal years the group has invested more than EUR 13 million (20% of the overall investment) in safety and environmental sustainability. In the same period, thanks to the continuous training of employees and the adoption of stricter procedures than as required by legislation, the injuries frequency rate dropped by 78% and is now 50% lower than the field average. This confirms that we are on the right path to achieve our long-term goal: zero injuries.

Read the Press Release

The final workshop of the research project “iSafety – Leveraging artificial intelligence techniques to improve occupational and process safety in the iron and steel industry” was held at the University of Brescia. The project is funded by the Italian Ministry of University and Research under the PNRR – Next Generation EU programme.

Developed by the University of Brescia in collaboration with ICAR-CNR, the project explored the application of mathematical models and artificial intelligence techniques to the analysis of safety data in the steel industry. The aim was to identify recurring patterns and support more effective prevention strategies.

Duferco Travi e Profilati took part as industrial partner. The company actively contributed to the project activities and provided the industrial case study on which the research was based.

The Industrial Contribution

Within Duferco, the analysis focused on the Electric Arc Furnace area, one of the most complex operational environments in the plant. Process data and information from monitoring systems were collected and analysed. This enabled a deeper assessment of operating dynamics and the identification of patterns relevant to the prevention of critical situations.

The integration of sector safety data with industrial data made it possible to validate the model in a real production environment. The results confirmed its ability to support risk analysis in a highly complex industrial setting.

Dialogue Between Research, Institutions and Industry

The final workshop provided an opportunity for discussion between academia, institutions and industry. Representatives from Confindustria Brescia, ATS Brescia and INAIL Brescia also took part, offering complementary perspectives on safety in the steel sector.

The collaboration between universities, research centres and industry highlights the value of a coordinated approach. It strengthens the protection of people through advanced data analysis and supports the transfer of scientific expertise into practical industrial applications.

Duferco Travi e Profilati S.p.A.
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