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Salach – On August 1, 2020, the Southern German machine builder will take over the Lower Franconian company Scherer Feinbau a specialist for CNC vertical lathes and vertical shaft turning machines.

31 Jul 2020

Gross domestic product (GDP), 2nd quarter of 2020

WIESBADEN – The gross domestic product (GDP) fell a price-, seasonally and calendar-adjusted 10.1% on the first quarter of 2020. This

31 Jul 2020

ArcelorMittal reports second quarter 2020 and half year 2020 results

Luxembourg - Operating performance in 2Q 2020 reflects the negative impact of the COVID-19 leading to a 23.7% sequential reduction in steel shipments.

31 Jul 2020

Fully automatic dummy bar system from Primetals receives FAC at Baosteel

London – In May 2020, Primetals received the FAC for a fully automatic dummy bar top feeding system for the CC3 two-strand continuous caster of Baoshan Iron and Steel Co Ltd. (Baosteel).

30 Jul 2020

Stable growth of global construction industry

Munich - Deloitte report: Sales volume of the 100 largest construction companies in the world increased again last year.

30 Jul 2020

EWE and ArcelorMittal cooperate in green steel production

Hamburg - Letter of intent signed / Bremen H2 production provides impetus for Europe.

30 Jul 2020

Wuhan Iron & Steel grants FAC to SMS group

Duesseldorf – Wuhan Iron & Steel has granted SMS group the final acceptance after the successful modernization of finishing stands F4 and F7 in their High-Capacity Hot Strip Mill No. 2.

30 Jul 2020

CISDI to build world-leading green steel base for Zenith

Chongqing - The steel base will produce world-class bars and wire rods in Nantong City in the Jiangsu Province.

30 Jul 2020

High surplus on the aluminium market despite recovery in demand

Frankfurt - After the aluminium price crossed the important 200-day line last week, it continues to rise.

29 Jul 2020

Servo screw press goes into operation in the Black Forest

Göppingen/Dunningen – Kaiser Aluminium-Umformtechnik GmbH is regarded as the leading German manufacturer of forged aluminum components for small and medium-sized series.

29 Jul 2020

New development offers high forming forces and eco-friendly dust exhausting system

Duesseldorf – On June 18, 2020, Shanxi Taigang Stainless Steel Co., Ltd. placed an order with SMS group for the supply of a 4.3-meter heavy-plate mill.

29 Jul 2020

Danieli QSP technology sets sail for USA

Buttrio - 3,000 tons of equipment ready for the installation at Nucor Gallatin plant.

28 Jul 2020