Luxembourg – Aperam announces its intention to redeem its U.S.$300,000,000 0.625 per cent. Net Share Settled Convertible and/or Exchangeable Bonds due 2021 exchangeable into ordinary registered shares of Aperam.
Sao Paulo, Brazil – Despite the contraction compared to the previous year, the consumption of rolled steel in Latin America has recovered this month for the first time this year, exceeding expectations made at the beginning of 2019.
Zürich – Shijiazhuang Iron & Steel Co., Ltd. (Shigang), a member of HBIS Group, has awarded an order to SMS Concast , a company of SMS group, covering the supply of a second continuous bloom caster.
London – Primetals Technologies has received the final acceptance certificate (FAC) from China's Baoshan Iron & Steel Co. Ltd. (Baosteel) for the modernization of a more than 20 year old DC twin electric arc furnace at its Shanghai plant.
Brussels – The EU has published and implemented its revision of the EU steel safeguard. The new design of the tariff-free quota will better stabilise trade flows by containing import concentration from certain exporting countries.
Stockholm – SSAB in Borlänge, Sweden, has rolled the first transfer bar on July 24, 2019, after conversion of the side guides at hot-strip mill roughing stand R1 by SMS group in the summer shutdown 2019.
Göppingen – Schuler now offers a package for the MSD series that can also be used to upgrade existing systems for Industry 4.0. It consists of an IIoT connector, which uploads the required data from the control system of the servo presses in encrypted form to the internet and provides access to the "mySchuler" portal.
Helsinki – Outokumpu is assessing options to build a new slag furnace in Tornio, Finland, and the company has initiated an Environmental Impact Assessment (EIA) procedure as basis for decision making.
