Swiss Steel: Improved resilience through cost flexibility and transformation

Lucerne  – The financial figures of Swiss Steel in the third quarter of 2020 were affected by seasonally lower demand in the summer months and the impact of the COVID-19 crisis.

11 Nov 2020

Covid Vaccine: High spirits do not spill over to metals

Frankfurt - Prices of industrial metals even declined. Measured by the LME Industrial Metals Index (LMEX) they lost 0.2%.

10 Nov 2020

Home/Hydrogen could be a € 120 billion+ industry in Europe by 2050

Oxford – The UK and Europe have set challenging targets for Net Zero emissions by 2050, which involve switching energy consumption across the whole economy to zero-carbon sources.

10 Nov 2020

Start-up and FAC for two semi-automatic manipulator systems

London – Primetals has received the FAC at the steel plant of Dillinger Hütte for two semi-automatic horizontal temperature and sample-taking manipulator systems.

10 Nov 2020

4.1 million tons per year for a wide range of quality flat products

Düsseldorf – The new high-performance hot strip mill supplied by SMS group has successfully started production at HBIS Laoting Iron & Steel Co. Ltd. in China.

10 Nov 2020

Shipments and stocks of EU Distribution in first 9 months 2020

Luxembourg  – EUROMETAL’s market monitoring system is tracking EU steel distribution shipments and stocks for its two main business segments: Flat SSC Distribution and  Multi-Product & Proximity Steel Stockholding Distribution.

09 Nov 2020

Swiss Steel Group evaluates equity measures

Lucerne – In connection with various media reports, Swiss Steel Group states that the company is holding regular discussions with banks, anchor shareholders and potential investors about its financing concept.

09 Nov 2020

Biden victory and good China data boost metal prices

Frankfurt - Copper briefly broke through the $7,000 per tonne mark.

08 Nov 2020

Demand for steel in the EU has bottomed out

Frankfurt -  Still a year-on-year decline of 14.6% in steel demand is expected for 2020.

08 Nov 2020

Guangdong Shaoguan Iron & Steel commissiones new combined wire rod

Hilden - The RSB® 300++/4 operates as finishing unit for the production of BIC within a dimensional range from Ø 15.0 up to Ø 50.0 mm.

08 Nov 2020

FVV strengthens hydrogen research

Frankfurt/M – The use of renewable ‘green‘ hydrogen as an energy carrier is not limited to fuel cells. It can also be used directly in combustion engines and gas turbines.

06 Nov 2020

Brexit: A Call From The Presidents Of The Major Business Organizations

Berlin –  A few weeks before the December 31 deadline, the risk of a no deal is real. It would lead to cascading consequences for our businesses.

06 Nov 2020

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