Düsseldorf – Primobius GmbH, a joint venture company owned 50:50 by Neometals Ltd and SMS group is pleased to announce the execution of a non-binding memorandum of understanding with the Slovakian battery manufacturing company, InoBat Auto j.s.a.

London – Deutsche Bank and Primetals have reached agreement on the world’s first hedging concept that links currency options to sustainability goals.

Luxembourg – Aperam announced today results for the three months ending September 30, 2020.

Hannover.  Although the parts2clean halls in Stuttgart had to remain empty this year, part of the community met virtually at the parts2clean Online Day.

Luxembourg - ArcelorMittal had repurchased 35,636,253 million shares for a total value of approximately €424,927,793.

Augsburg - The order is the highest institutional investment in robot technology in Eastern Europe to date.

Düsseldorf – TMK’s Seversky Pipe Plant has awarded SMS group the FAC for a heat treatment line for tubes and pipes at its Polevskoy site in Russia’s Sverdlov region.

London –  In August 2020,Primetals received an order from HBIS Group Handan Iron and Steel to upgrade an existing BOF converter in the steel plant in Handan, China.

Castellanza – Tenova has successfully commissioned the Roll Grinding Machine and Roll Shop Equipment for the new Hot Rolling Mill for the expansion plant of JW Aluminum.

Frankfurt - Copper is trading at $6,700 per tonne, aluminum at $1,840 per tonne.

Frankfurt - Metal prices were supported by the at first glance strong recovery of the US economy in the third quarter.