Duisburg – Sales at Klöckner & Co decreased by 14.9% to €1.4 billion in the first quarter of 2020 due to lower volumes and prices. Operating income, at €21 million, was within the guidance range of €20 million to €30 million but significantly below the €34 million prior-year figure.

Luxembourg - Aperam, a leading global producer of stainless and specialty steel, yesterday published its sustainability performance report for 2019 called 'made for life'.

Pittsburgh - Former Secretary of Homeland Security had been a partner at an international law firm since 2017.

Frankfurt - LME industrial metals index rose to a 6-week high yesterday.

Stockholm - In collaboration with its partner Linde Gas AB, Ovako carried out a test in which steel was heated with hydrogen instead of LPG.

Nürnberg/Wunstorf – The preparations for the SENSOR+TEST 2020 in Nuremberg were already in top gear. From the 23rd to the 25th of June 2020, the call was supposed to be “Welcome to the innovation dialog!” Regrettably the SENSOR+TEST will not be held this year.

Munich –  Europe's steel industry is under pressure. The steel-producing sector is currently the largest industrial CO2 emitter in Europe, accounting for 22 percent of total emissions. At the same time, the European Union has resolved to become climate neutral by 2050.

Berlin – Despite the emerging Corona crisis, the PSI Group, with 96 million euros in the first quarter of 2020 (March 31, 2019: 97 million euros), almost reached the record new orders of the same quarter of the previous year.

Düsseldorf – 22. April 2020 saw the successful winding of the first coil with the new Uni Plus Coiler, supplied by SMS group for POSCO’s hot strip mill No. 4 at Gwangyang in South Korea.

Lucerne – Schmolz + Bickenbach AG, a world leader in special long steel, today held its Annual General Meeting excluding shareholders in accordance with the COVID-19 Regulation 2 of the Swiss Federal Council.

Duisburg – The coronavirus is currently dominating working life. Many employees are working from home, but this is not possible for everyone. For example, employees whose job is to keep production running continue to come into their usual workplace every day and must comply with the hygiene rules there.

Ingolstadt – Emissions in electromobility can be reduced not only by the right mix of electricity, but also by the appropriate use of materials during vehicle manufacture. Manuel Schweizer has analysed this in a research project.