Duferco
Duferco is a Luxembourg-based, privately-held diversified industrial group operating across energy trading and retail, steel production, global shipping, and industrial innovation, with FY2025 revenues of USD 26.9 billion across 29 countries and 4,029 employees.
- Company typePrivate
- Founded1979
- HeadquartersLuxembourg, Luxembourg
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Duferco does
Duferco is a Luxembourg-based, privately-held diversified industrial group founded in 1979 by Bruno Bolfo, headquartered in Luxembourg with operational presence across 29 countries. The company operates through four principal divisions: Energy (wholesale energy trading via DXT International covering gas, LNG, and electricity; retail energy distribution and a 25,000+ station EV charging network via Duferco Energia; and renewable energy initiatives); Steel (long steel products production and distribution led by Duferco Travi e Profilati, anchored by the new AI-managed Smart Beam Manufacturing rolling mill at San Zeno Naviglio with 960,000 tons of annual capacity); Shipping (Nova Marine Group, a joint venture operating a fleet of 315+ vessels serving 351 clients across 109 countries); and Innovation (Duferco Dev for digital solutions, Duferco Engineering, and emerging investments in green hydrogen via AEM electrolyzers and humanoid robotics via the Generative Bionics partnership).
The group's product and technology stack combines transaction-based wholesale energy and steel trading, recurring retail energy subscriptions serving 500,000+ end customers in Italy, Greece, Spain, and North Macedonia, asset-heavy shipping operations via the Nova Marine JV, and emerging service-based revenue from digital and engineering subsidiaries. Underlying technology includes the AI-managed SBM rolling mill, AEM electrolyzers for hydrogen production, and integrated data science teams within Duferco Dev. Compliance and certification footprint includes GRI, CSRD, EU Taxonomy, and FSC standards.
Duferco reported FY2025 revenues of USD 26.9 billion (+46% YoY from USD 18.4B in FY2024), USD 86.8 million in net profit, USD 1.93 billion in equity, and 4,029 employees. The group runs an integrated trading model where DXT, Duferco Travi e Profilati, and Nova Marine generate wholesale transaction revenue tied to commodity price cycles, while Duferco Energia provides more stable retail subscription revenue and Duferco Dev/Duferco Engineering add service-line diversification. Capital structure includes USD 5.4 billion in available credit lines and SACE-backed financing.
Duferco firmographics
Firmographics- Name
- Duferco
- Legal name
- Duferco
- Website
- https://duferco.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Duferco is a Luxembourg-based, privately-held diversified industrial group operating across energy trading and retail, steel production, global shipping, and industrial innovation, with FY2025 revenues of USD 26.9 billion across 29 countries and 4,029 employees.
- Ownership category
- akta.pro rank
Duferco industry classification
Industry- Product category
- Diversified Industrial Group
- NAICS
- Metal Service Centers and Other Metal Merchant Wholesalers (423510)
- SIC
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)
- akta.pro secondary industry
- Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)
Keywords
Where Duferco is headquartered
LocationHeadquarters
- HQ city
- Luxembourg
- HQ country
- Luxembourg
- HQ region
- Europe
Offices14 records
Markets served
Duferco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Global Wholesale Energy Trading: DXT International operates global wholesale energy and gas trading across conventional and renewable power, natural gas, LNG; operates offices in Switzerland, Singapore, Copenhagen, Madrid, US; revenues of USD 22.3 billion with gas/LNG volumes +42% and electricity volumes +58%
- Italian Retail Energy Distribution: Duferco Energia operates retail energy and gas distribution in Italy, Greece, Spain, North Macedonia serving over 500,000 customers with 25% increase in customers and delivery points
- Steel Production and Distribution: Steel production and distribution with 960,000 tons of long products among commodities and specialties; 1.7 million tonnes sold; 11 companies in Italy and France
- Shipping Operations: Nova Marine Group joint venture operates global shipping with 315+ vessels, serving 351 clients in 109 countries; delivered 28 million tons of commodities in 2025
- Renewable Energy and Storage: Development of photovoltaic plants, wind projects, battery energy storage systems (BESS), and green hydrogen production; Comal S.p.A. acquisition for Solar EPC and solar trackers
- Innovation and Digital Services: Duferco Dev provides digital transformation services; Duferco Engineering provides engineering and O&M services; investments in AI and machine learning
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Retail energy and gas pricing for residential, commercial, and industrial customers |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels6 records
Duferco product offering
Product offeringCore offering
Duferco is a diversified industrial group operating across four divisions: Energy (global wholesale trading of gas, LNG and electricity through DXT International, plus Italian retail energy distribution via Duferco Energia serving 500,000+ customers); Steel (production and distribution of long products through Duferco Travi e Profilati with 1.7 million tonnes annual sales volume and the new AI-managed Smart Beam Manufacturing rolling mill); Shipping (Nova Marine Group joint venture operating 315 vessels serving 351 clients in 109 countries); and Innovation (digital services through Duferco Dev, engineering through Duferco Engineering, biomass through Duferco Biomasse, and strategic investment in humanoid robotics). The group reported FY2025 revenues of USD 26.9 billion across 29 countries.
Product overview
Duferco is a highly diversified industrial group operating across four core divisions: Energy (wholesale trading, retail, renewables, e-mobility), Steel (production and distribution of long products, beams, merchant bars), Shipping (global fleet operations via Nova Marine Group joint venture), and Innovation (digital services, engineering, biomass). The company's primary products include DXT International for global energy trading, Duferco Energia for Italian retail energy distribution, Duferco Travi e Profilati for steel production with the new AI-managed SBM rolling mill, and Nova Marine Group for maritime shipping. Notable initiatives include the Hydrogen Valley Giammoro green hydrogen project, Duferco Terminal Mediterraneo port operations, and strategic investment in Generative Bionics humanoid robotics. The Group's innovation arm includes Duferco Dev for digital transformation and machine learning, while Duferco Iberia extends energy trading to the Spanish market. Total revenues reached USD 26.9 billion in FY2025 with operations across 29 countries and 4,029 employees.
Differentiator
Problem solved
Functional benefit
Products and services
- DXT International Energy Trading Global wholesale trading of electricity, natural gas, LNG, renewable energy and carbon credits via European power exchanges (IPEX, EPEX, EEX) and bilateral contracts; serves utilities, industrial clients and trading counterparties worldwide.
- Duferco Energia Retail Energy Supply Retail supply of electricity and natural gas to residential, commercial and industrial customers across Southern Europe, including portfolio management, trading, market analysis and sustainable mobility services.
- Duferco Mobility EV Charging Network
Quantifiable outcome
- Steel production capacity of 960,000 tons/year from electric furnaces (80%+ of Italian steel production)
- +5 more outcomes
Companies that use Duferco
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles5 records
Duferco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Duferco partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core, minor and flagship.
- FincantiericoreCollaboration with Fincantieri for Gene.01 humanoid robot application to welding operations in shipyards. Fincantieri awarded Duferco Travi e Profilati at Supplier Awards 2024 for bulb plates supply.
- SynapticoncoreStrategic partnership with German company Synapticon specialized in actuation systems for sovereign EU actuation stack development for humanoid robots including final assembly, calibration and safety testing in Europe.
- Gruppo Carlo MarescaminorAgreement for 60 MW PV renewable energy project under Italy's Energy Release 2.0 scheme; Duferco Energia delegated build obligations for renewable capacity.
- Generative BionicscoreDuferco Group is Strategic Industrial Partner of Generative Bionics, the Italian humanoid robotics startup founded by IIT that raised EUR 70 million funding. Duferco supports development of humanoid robots for industrial applications including manufacturing, logistics, inspection and shipyard welding operations.
- CopresudflagshipMemorandum of Understanding signed at Italy-Algeria Economic Forum for strengthening collaboration in energy sector, focusing on integration of renewable energy sources and progressive use of green hydrogen in industrial processes.
- Ansaldo Green TechcoreStrategic agreement for supply and commissioning of 1 MW AEM electrolyzer for green hydrogen production within Hydrogen Valley project in Giammoro, Messina. EUR 10 million investment for approximately 100 tons of green hydrogen per year.
- Mohammed VI Polytechnic University (UM6P)flagshipTraining project between Duferco Group and UM6P focusing on renewables and green hydrogen. First internships at Duferco Engineering Genoa headquarters; program expanding with students employed at Group companies. Supported by Liguria Region and Moroccan Embassy.
- IntraenergiacoreMerged with Duferco Energia to form Duferco Iberia - new Spanish energy trading company combining Intraenergia's Spanish market expertise with Duferco's financial strength and international trading capabilities.
- Faros Accelerator HubminorCo-investor in Faros Accelerator Hub in La Spezia - Ligurian hub of Blue Economy Accelerator of CDP National Network. Partners include Wylab, Fincantieri, Crédit Agricole Italia, Port Authority.
- SMS GroupcoreSMS Group is technology partner and supplier for the new Smart Beam Manufacturing rolling mill at San Zeno Naviglio. The rolling mill uses cutting-edge technologies, digitization, AI and automation with investment of EUR 250 million.
- Prisma CapitalcoreJoint venture through Matrix Energia merging energy-related assets in Brazil. Initial capitalization of BRL 1 billion with 1.5 GW pipeline of installed capacity. Matrix became largest independent energy trader in Brazil.
- WaldPlus (FSC Group Certification)minorDuferco Biomasse participates in FSC group certification through WaldPlus - group of small forest owners in Trentino Alto-Adige, Veneto and Lombardy for responsible forest management.
- Le Village by CA MilanominorInnovation hub partnership with Crédit Agricole Group enabling Group companies to evaluate startup proposals, hire for business, and participate in international scouting activity.
- SoGePa (Duferco Wallonie)minorPartnership with Societe wallonne de gestion et de participations for Duferco Wallonie focusing on brownfield, environment, energy and logistics development.
- Duferco DevcoreInternal digital transformation company established to support Group companies with strategic digital plans, application architecture, ML/AI research, and enterprise application development.
- Romeo Family (Nova Marine Group)coreJoint venture in shipping with Romeo family since 1994 as SiderMarine. NovaAlgoma joint venture with Algoma Central Corporation for cement carriers. 315+ vessels serving 351 clients globally.
Scale indicators23 records
Recent moves7 records
Expansion highlights7 records
Duferco competitors and assessment
Company assessmentRegional players
- ERG S.p.A. Italian energy company focused on renewable generation. Comparable for Duferco Energia's renewable energy segment and BESS investments, operating in the same Italian market with overlap in wind, solar, and storage development.
Direct peers
- Trafigura: One of the world's largest commodity traders with significant metals, minerals, and energy trading operations. Directly comparable as a privately-held diversified trader with energy and metals exposure, similar scale (>$200B revenue), and similar global office footprint.
- Acciaierie d'Italia: Italy's largest steel producer (formerly Ilva). Direct geographic and product peer for Duferco Travi e Profilati in the Italian long products and beam market, with similar customer base in construction and shipbuilding.
- Salzgitter AG: German integrated steel producer with growing green steel initiatives. Comparable to Duferco Travi e Profilati in long products and beam production, with similar European customer base and ongoing decarbonization investments.
- Vitol: World's largest independent energy trader. Direct peer for DXT International given overlapping energy commodity trading (oil, gas, LNG, power), European headquarters, and privately-held status with similar volume-driven business model.
- Stena Bulk: Major privately-held Swedish shipping group operating tankers, dry bulk, and specialized vessels. Comparable to Nova Marine Group's diversified commodity shipping operations with similar privately-held family ownership model.
- Klöckner & Co: European steel and metal distribution company. Direct peer for Duferco's steel distribution network across Italy, France, and broader Europe, with similar customer base in construction and industrial manufacturing.
- Marcegaglia: Italy's largest private steelmaker, family-controlled and diversified across steel products, trading, and energy. Closely comparable to Duferco in being an Italian family-owned diversified steel and energy group with similar European focus.
- Gunvor Group: Major global energy and commodities trader headquartered in Geneva/Singapore. Direct peer in the wholesale energy and gas/LNG trading space where DXT International competes, with similar European trading focus and privately-held structure.
Broad incumbents
- ArcelorMittal: World's largest steel producer with broad geographic reach. Comparable as a major European long-products and beam producer, though much larger and public; relevant for benchmarking steel production economics and decarbonization strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Duferco social profiles
Digital presenceDuferco compliance and trust
Trust signalCompliance4 records
Duferco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Duferco leadership team
Management profileNumber of profiles
Profiles9 records
Duferco subsidiaries and ownership
Company hierarchySubsidiaries14 records
Duferco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Duferco M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Duferco
What does Duferco do?
Duferco is a diversified industrial group operating across four divisions: Energy (global wholesale trading of gas, LNG and electricity through DXT International, plus Italian retail energy distribution via Duferco Energia serving 500,000+ customers); Steel (production and distribution of long products through Duferco Travi e Profilati with 1.7 million tonnes annual sales volume and the new AI-managed Smart Beam Manufacturing rolling mill); Shipping (Nova Marine Group joint venture operating 315 vessels serving 351 clients in 109 countries); and Innovation (digital services through Duferco Dev, engineering through Duferco Engineering, biomass through Duferco Biomasse, and strategic investment in humanoid robotics). The group reported FY2025 revenues of USD 26.9 billion across 29 countries.
Is Duferco a public or private company?
Duferco is a private company. It is classified as family owned and is currently operating.
When was Duferco founded?
Duferco was founded in 1979. It employs 5,001 to 10,000 people.
Where is Duferco based?
Duferco is headquartered in Luxembourg, Luxembourg, in the Europe region.
How does Duferco make money?
Six revenue lines are on record. Global Wholesale Energy Trading is the primary driver. The others are italian Retail Energy Distribution, steel Production and Distribution, shipping Operations, renewable Energy and Storage and innovation and Digital Services.
Who are Duferco's main competitors?
ERG S.p.A. is listed as a regional player. Direct peers are Trafigura, Acciaierie d'Italia, Salzgitter AG, Vitol, Stena Bulk, Klöckner & Co, Marcegaglia and Gunvor Group. ArcelorMittal is listed as a broad incumbent.
Does Duferco have an API?
No public API is recorded for Duferco.
What industry is Duferco in?
Duferco's product category is Diversified Industrial Group. Its primary akta.pro industry code is EUADABAJ, Multi-Utility Distribution Companies (Electric + Gas/Water Distribution), with a secondary code of EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction). Its NAICS code is 423510 and its SIC code is 5172.