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28 May

Danieli invests in its ABS business and AI

Italian equipment maker Danieli is investing in artificial intelligence applied to the steelmaking process and in the growth of its steelmaking division Acciaierie Bertoli Safau (ABS). ABS will invest about €600 million ($652m) over the next two to three years to achieve an output of about 2 million tonnes for a turnover of €3 billion. Danieli and ABS together target a turnover increase of about 20-25% compared with 2023, to €5 billion, from the cur…
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