Düsseldorf – JFE Steel Corp. has produced the first pipe at its Fukuyama works in Japan after the successful revamp of its submerged arc welding (SAW) stands by SMS group.

Düsseldorf – Australian mining corporation TNG Limited and SMS group plan to implement a process enabling the production of CO2-neutral hydrogen as they are developing the Mt. Peake titanium/vanadium/iron project in the Northern Territory.

Helsinki - Outokumpu is celebrating 90 years since duplex stainless steel made its debut on the world market.

Koenig & Bauer Kammann GmbH is running the processes for warehousing and production supply in an integrated IT infrastructure in the new central production sitein Löhne.

Lucerne - SCHMOLZ + BICKENBACH AG (SchmoBi) announces that the shareholders have approved the reduction of the nominal share value and the change of name to Swiss Steel Holding AG.

Pittsburgh - The Company expects third quarter 2020 adjusted diluted loss per share to be approximately ($1.45).

London - Almost all of the top producers are expected to witness a decline in the production levels during 2020 due to Covid-19.

Essen - The RWI - Leibniz Institute for Economic Research expects German economic output to decline by 4.7 percent this year.

Frankfurt - On the SGX in Singapore the price for iron ore has fallen by almost 7% since Tuesday.