Duferco La Louvière
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Duferco La Louvière
Duferco Participations Holding SA, is a company based in Luxembourg City, Luxembourg. Its main business is trading, producing, importing and exporting steel. History Duferco was founded in 1979 by Italian Bruno Bolfo. His goal was to learn from Brazil from worldwide steel export. In 1982, the company moved its headquarters from New York and São Paulo to Lugano. Initially active only in the steel trade, Duferco also expanded its activities to the commodities trade in the early 1990s, in particular with raw materials for the steel industry such as coke, coal, iron ore, pig iron Pig iron, also known as crude iron, is an intermediate good used by the iron industry in the production of steel. It is developed by smelting iron ore in a blast furnace. Pig iron has a high carbon content, typically 3.8–4.7%, along with si ... or sponge iron. With the acquisition in 1996 of the Italian '' Ferdofin Siderurgica '' (later renamed '' Duferdofin'') Duferco rose in the steel produ ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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São Paulo
São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the Americas, Americas, and both the Western Hemisphere, Western and Southern Hemispheres. Listed by the Globalization and World Cities Research Network (GaWC) as an global city, alpha global city, it exerts substantial international influence in commerce, finance, arts, and entertainment. It is the List of largest cities#List, largest urban area by population outside Asia and the most populous Geographical distribution of Portuguese speakers, Portuguese-speaking city in the world. The city's name honors Paul the Apostle and people from the city are known as ''paulistanos''. The city's Latin motto is ''Non ducor, duco'', which translates as "I am not led, I lead." Founded in 1554 by Jesuit priests, the city was the center of the ''bandeirant ...
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Luxembourg City
Luxembourg (; ; ), also known as Luxembourg City ( or ; ; or ), is the capital city of Luxembourg and the Communes of Luxembourg, country's most populous commune. Standing at the confluence of the Alzette and Pétrusse rivers in southern Luxembourg, the city lies at the heart of Western Europe, situated by road from Brussels and from Cologne. The city contains Luxembourg Castle, established by the Franks in the Early Middle Ages, around which a settlement developed. , Luxembourg City has a population of 136,208 inhabitants, which is more than three times the population of the country's second most populous commune (Esch-sur-Alzette). The population consists of 160 nationalities. Foreigners represent 70.4% of the city's population, whilst Luxembourgers represent 29.6% of the population; the number of foreign-born residents in the city rises steadily each year. In 2024, Luxembourg was ranked by the International Monetary Fund, IMF as having the highest GDP per capita in the w ...
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Luxembourg
Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembourg City, is one of the four institutional seats of the European Union and hosts several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority in the EU. As part of the Low Countries, Luxembourg has close historic, political, and cultural ties to Belgium and the Netherlands. Luxembourg's culture, people, and languages are greatly influenced by France and Germany: Luxembourgish, a Germanic language, is the only recognized national language of the Luxembourgish people and of the Grand Duchy of Luxembourg; French is the sole language for legislation; and both languages along with German are used for administrative matters. With an area of , Luxembourg is Europe's seventh-smallest count ...
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Antonio Gozzi
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Steel
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete Rebar, reinforcing rods), in Bridge, bridges, infrastructure, Tool, tools, Ship, ships, Train, trains, Car, cars, Bicycle, bicycles, Machine, machines, Home appliance, electrical appliances, furniture, and Weapon, weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and Redox, oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally ...
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Italians
Italians (, ) are a European peoples, European ethnic group native to the Italian geographical region. Italians share a common Italian culture, culture, History of Italy, history, Cultural heritage, ancestry and Italian language, language. Their predecessors differ regionally, but generally include populations such as the Etruscan civilization, Etruscans, Rhaetians, Ligurians, Adriatic Veneti, Magna Graecia, Ancient Greeks and Italic peoples, including Latins (Italic tribe), Latins, from which Roman people, Romans emerged and helped create and evolve the modern Italian identity. Legally, Italian nationality law, Italian nationals are citizens of Italy, regardless of ancestry or nation of residence (in effect, however, Italian nationality law, Italian nationality is largely based on ''jus sanguinis'') and may be distinguished from ethnic Italians in general or from people of Italian descent without Italian citizenship and ethnic Italians living in territories adjacent to the I ...
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Brazil
Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population, seventh-largest by population, with over 212 million people. The country is a federation composed of 26 Federative units of Brazil, states and a Federal District (Brazil), Federal District, which hosts the capital, Brasília. List of cities in Brazil by population, Its most populous city is São Paulo, followed by Rio de Janeiro. Brazil has the most Portuguese-speaking countries, Portuguese speakers in the world and is the only country in the Americas where Portuguese language, Portuguese is an Portuguese-speaking world, official language. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazil, coastline of . Covering roughly half of South America's land area, it Borders of Brazil, borders all other countries and ter ...
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Commodities Trade
A commodity market is a market that trades in the primary economic sector rather than manufactured products. The primary sector includes agricultural products, energy products, and metals. Soft commodities may be perishable and harvested, while hard commodities are usually mined, such as gold and oil. Futures contracts are the oldest way of investing in commodities. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple form of derivative trading in the commodities market for centuries for price risk management. A financial derivative is a financial instrument whose value is derived from a commodity termed an underlier. Derivatives are either exchange-traded or over-the-counter (OTC). An increasing number of derivatives are traded via clearing houses some with central counterparty clearing, which provide clearing and settlement services on a futures exchange, as well ...
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Coke (fuel)
Coke is a grey, hard, and porous coal-based fuel with a high carbon content. It is made by heating coal or petroleum in the absence of air. Coke is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges. The unqualified term "coke" usually refers to the product derived from low-ash and low-sulphur bituminous coal by a process called coking. A similar product called petroleum coke, or pet coke, is obtained from crude petroleum in oil refinery, petroleum refineries. Coke may also be formed naturally by geology, geologic processes.B. Kwiecińska and H. I. Petersen (2004): "Graphite, semi-graphite, natural coke, and natural char classification — ICCP system". ''International Journal of Coal Geology'', volume 57, issue 2, pages 99-116. It is the residue of a destructive distillation process. Production Industrial coke furnaces The industrial production of coke from coal is called coking. The coal is baked in an airless k ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its Electricity generation, electricity. Some iron and steel-maki ...
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe), or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (typically greater than about 60% iron) are known as natural ore or irect shipping ore and can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel — 98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Elemental iron is virtually absent o ...
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