Overseas
November 3, 2025
International Resources Holding may acquire Duferco trading division: Report
Written by Kristen DiLandro
International Resources Holding (IRH) fund, an Emirate enterprise, is rumored to be discussing the purchase of Duferco International Trading Holding (DITH), according to Swiss-based daily La Regione.
La Regione, the Italian language news service, reported that sources familiar with the negotiations said if IRH acquires DITH it strengthens Abu Dhabi’s metals and mining supply chain. In addition, IRH seeks to diversify its investments beyond the traditional energy sector, states the report.
IRH has procured raw material copper, tin, and metal mines in Zambia and the Democratic Republic of the Congo. Acquiring DITH would provide access to Duferco’s European distribution and trading networks, and give IRH a European steel market presence.
Neither Duferco nor the Sheikh Tahnoon bin Zayed Al Nahyan of Abu Dhabi controlled IRH confirmed La Regione’s report when SMU reached out for comment.
Local sources told La Regione that Duferco’s Lugano operation includes 250 employees.
Chinese steel group, Hebei Iron and Steel Group (HBIS), currently owns some parts of Duferco.
