Key Data

The production hours were reduced by almost 20%, but thanks to improvements in efficiency and yield, the y-o-y prime production decreased by only 10%.

During 2012, Duferco Danish Steel concentrated its efforts on restructuring and adjusting the mill to the demands of the feeble European market.
The production hours were reduced by almost 20%, but thanks to improvements in efficiency and yield, the y-o-y prime production decreased by only 10%.
The economic slowdown in the Eurozone was reflected in a lower consumption of Merchant Bars, especially in the construction sector. In spite of this, DDS succeeded in increasing its share in the key markets of Scandinavia and Germany.
At the same time, steel tourism outside these markets was reduced significantly. The imbalance between demand and supply in the European Merchant Bar market resulted in a spread between billets and finished products that was too low to cover its cost in full.
Therefore, the Management focused on a reduction of gas and electricity costs and the rationalisation of its workforce, as well as on optimising processes.
In close cooperation with Duferco La Louvière, Duferco Danish Steel succeeded in developing quality steel round bars for forging and peeling.
DDS continues to concentrate on offering a high level of service, quality, flexibility and diversification of special steel grades. 2013 will once again be a challenging year in which Duferco Danish Steel seeks to consolidate its position as one of the leading Merchant Bar producers in Northern Europe.

Production (mt)
(01/10/11 – 30/09/12)

151,000

Employees
as of 30/09/12

105