Giampiera Benedetti, chairman of the famous Italian company Danieli Group, one of the three largest manufacturers of metallurgical equipment in the world, said that he continues to be optimistic about Asian markets including China.
Benedetti said in an interview with Xinhua News Agency in Udine, the headquarters of the company and in the northeastern Italian city, that the rapidly developing Asian region is a very important and promising market. He believes that the rapid economic development has driven the increasing demand for steel and metallurgical equipment.
Currently Danieli has manufacturing companies in China and Thailand. About 15% to 30% of the annual turnover of the Danieli Group metallurgical equipment is realized in the Chinese market.
Benedetti has visited China more than 20 times. He said that Danieli has been in China for several decades and currently has more than 300 cooperation projects in China, providing technology and equipment for a number of large Chinese iron and steel manufacturers such as Shanghai Baosteel and Benxi Steel. Not long ago, the company began production at its exclusive investment and construction metallurgical manufacturing base in Changshu, Jiangsu Province. It is mainly engaged in metallurgical equipment design, manufacturing, assembly, and turnkey projects.
Danieli’s turnover for 2007-2008 was 3.115 billion euros.


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