Danieli & C. Officine Meccaniche S.p.A. Preferred Stock

Danieli & C. Officine Meccaniche S.p.A. preferred stock represents equity in a leading global company specializing in the design, manufacturing, and marketing of equipment and complete plants for the iron and steel industry. The company focuses primarily on the construction of plants for long and flat steel product processing, accounting for about 74% of its operations, while also engaging in the manufacturing of specialty steels. Its business is internationally diversified, with significant sales in Europe, the Americas, Southeast Asia, and the Middle East. Danieli is recognized for delivering high-quality, technologically advanced metal production plants and equipment, including turnkey solutions and individual units. The firm plays a crucial role in enabling efficient, innovative, and sustainable steel production processes, contributing to the industrial sector's infrastructure worldwide.