DUFERCO UK LIMITED
Location
Founded
1998-04-01
Website
Risk Signals
448 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Metals Service Centers and Offices), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about DUFERCO UK LIMITED
Live alerts from global media, monitored by Business Radar
2025-04-29 (areaonline.ch)
DUFERCO (DITH) at loss ... and for sale
A loss of over 31 million dollars. This is the 2024 operating result of the Dufeco SA of Lugano, the historic company active in the world trade in the steel. A loss that emerges from the accounted accounting budgets recently in Luxembourg, where the group's parent company is located, the Dufeterco International Trading Holding (Dith). The consolidated balance of the latter is also negative - less than $ 5.8 million -, but above all weigh it is the bad result of the Ticino subsidiary who already in 2023 had recorded losses for 17.5 million dollars. A situation in clear contrast with what happened only until a few years ago. In 2022 Dufeco Sa had made $ 56.2 million of net profits, while the entire Dith group had reached 263 million dollars. That year, also due to the Russian invasion of Ukraine, the prices and volatility of the steel had increased considerably, allowing companies active in the trading to obtain large operating margins.
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2021-09-19 (tijd.be)
Social preliminary agreement at Forges de Clabecq
(time) - Negotiations between the liquidators of the bankrupt steel producer Forges de Clabecq, the trade unions, the Ministry for Labor and Employment and the Walloon Region have resulted in a preliminary agreement. The unions will submit the preliminary agreement to the staff of the bankrupt factory in Tubize in a referendum. Furthermore, a spokesperson for the Swiss-Italian steel trader Duferco in Lugano confirmed that an acquisition of an integrated steel producer such as Clabecq fits in with the company's strategy. Negotiations in the joint committee between curators, trade unions, the Ministry for Labor and Employment and the Walloon Region yesterday resulted in a preliminary agreement on the social plan. The text states that the preliminary agreement must be considered as a whole and can only be implemented if it is implemented in its entirety and the staff no longer hinders the curators in the execution of their mandate.
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2010-04-29 (tijd.be)
Duferco will not restart Carsid
Antonio Gozzi, director of the Duferco group, announced that during the works council
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2007-06-23 (tijd.be)
British steel producers file a complaint with the EU against 'new' Clabecq
The British steel producers have not waited for definitive plans for the takeover of the bankrupt Walloon Forges de Clabecq by the Swiss-Italian Duferco. They have already filed a complaint with the EU Commission against the rescue plan for the Forges. Yet a blunt refusal from the
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2007-06-23 (tijd.be)
British steel producers file a complaint with the EU against 'new' Clabecq
The British steel producers have not waited for definitive plans for the takeover of the bankrupt Walloon Forges de Clabecq by the Swiss-Italian Duferco. They have already filed a complaint with the EU Commission against the rescue plan for the Forges. Yet a blunt refusal from the
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(tijd.be)
Wallonia and Duferco sign intent agreement on takeover of Forges |
(belga) - The representatives of the Walloon Region, the Walloon Steel Company (SWS) and the Swiss-Italian Duferco concluded an agreement of intent on Wednesday for the acquisition of certain assets of the bankrupt steel producer Forges de Clabecq with a view to restarting an integrated steel activity. The agreement will be submitted to the Walloon government and the board of directors of the SWS for approval as soon as possible. The curators received an initial presentation of the recovery plan yesterday. A formal proposal will be submitted in the coming days. Duferco has not yet made a takeover bid, as emerged yesterday during the meeting of the trustees, the Walloon Steel Industry Company (SWS), the Walloon Region and a representative of Duferco. The meeting took place at a secret location.
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(antennecentre.tv)
Garocentre: concerns for the rail freight operator LINEAS
In economic news, there is this fear, relayed this morning by Echo and De Tijd, of bankruptcy of the company Lineas, the rail freight operator, former subsidiary of SNCB. The problems of the company, largely owned by a French investment fund but in which the
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(tijd.be)
Trade unions support Duferco takeover plan
(belga/time) - The unions of the bankrupt steel company Forges de Clabecq are prepared
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(tijd.be)
European Commission gives its blessing to Duferco Clabecq
(time) - The European Commission gives its blessing on Wednesday to the takeover of the bankrupt Clabecq
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