Thyssenkrupp Electrical Steel to halt production in Germany and France

Duisburg - Shut down of plants in Gelsenkirchen and Isbergues as European grain-oriented electrical steel market continues to be under intense pressure from low-priced imports.

11. Dec 2025

Thyssenkrupp reports solid earnings in a weak market - restructuring continues

Essen - Free cash flow before M&A was positive for the third consecutive year and climbed to 363 million euros (prior year: 110 million euros).

11. Dec 2025

Lotte Aluminium grants FAC to AMOVA for new high-bay coil warehouse

Düsseldorf - The automated warehouse can store up to 500 aluminium coils, equivalent to around 6,000 tonnes.

11. Dec 2025

US tariff hikes expected to depress US growth, EU report finds

Brussels - The study models a 15-percentage-point rise in the effective US tariff rate and finds that the measures act as a classic cost-push shock.

5. Dec 2025

MEPS Managing Director wins Leadership Excellence Award

Sheffield - Jayne Craven has been recognised at the 2025 Yorkshire and Humberside Family Business Award.

5. Dec 2025

Assofermet report outlines continued weakness across European ferrous raw materials market

Milan - Italian and European mills kept purchases minimal, buying only for short-term needs.

5. Dec 2025

ABB introduces single-device analyser for four key gas impurities

Quebec - The new device measures oxygen (O₂), hydrogen sulphide (H₂S), water vapour (H₂O) and carbon dioxide (CO₂) simultaneously.

2. Dec 2025

SMS group modernises hot rolling mill at Garmco, boosting torque processing capacity

Düsseldorf - The project, replaces ageing DC motors and drives with a new AC-based system designed to deliver 20% higher torque than the original equipment.

2. Dec 2025

China’s steel supply pressure persists despite production dip says MEPS analysis

Sheffield - Despite a 2.1% drop in global crude steel output in the first ten months of 2025, China continues to exert strong downward pressure on international steel prices.

28. Nov 2025

Global stainless steel melt shop production rises 3% in first nine months of 2025

Brussels - Global stainless steel melt shop output reached 48.0 million tonnes in the first three quarters of 2025.

28. Nov 2025