Relaxation signals in the China-US trade dispute cause prices to rise

Frankfurt - Donald Trump has postponed the planned $ 250 billion increase in import duties on Chinese goods.

12 Sep 2019

Expansion of capacity at titanium producer WST

Düsseldorf – Western Superconducting Technologies Co. Ltd., (WST), headquartered in Xian, in Shaanxi Province, China, has successfully put into service a 63/80-MN two-column high-speed push-down open-die forging press supplied by SMS group.

11 Sep 2019

SteelAsia, HBIS ink $1-B investment deal for Batangas plant

Beijing- Partnership of Filipino and Chinese companies shall support the Philippines’ bid to be a major producer of high quality and safe steel products by 2030.

11 Sep 2019

Schmolz + Bickenbach adjusts guidance for fiscal year 2019

Lucerne – Schmolz + Bickenbach today lowered its earnings forecast for the 2019 financial year based on the preliminary figures for the first eight months of 2019. The company is now forecasting adjusted EBITDA of between EUR 70 million and EUR 100 million.

11 Sep 2019

High iron ore and copper imports in China

Franfkurt - According to data from the customs authorities, iron ore imports increased by more than 6% year on year to almost 95 million tonnes.

11 Sep 2019

Messe Düsseldorf: Expansion of international “Metals and Flow Technology” portfolio

Düsseldorf - THERMPROCESS China will premiere at wire and Tube China 2020 in Shanghai.

 

11 Sep 2019

The Benteler Electric Drive System gains traction

Salzburg – Benteler presented its Electric Drive System 2.0 to a broad audience for the first time in April 2019 at Auto Shanghai. Since then, it has gained traction. For the implementation of its rolling chassis, Benteler has now started to collaborate with renowned manufacturers.

10 Sep 2019

Global Energy Demand on Track to Peak Between 2020 and 2025

London - New World Energy Scenarios discuss three plausible pathways to 2040 focusing on the impact of “disruptive innovation” on energy system.

09 Sep 2019

Metals & mining industry deals totalled $3.68bn globally in July 2019

London - According to Global Data, the value marked an increase of 44.8% over the previous month and a drop of 46.3% when compared with the last 12-month.

09 Sep 2019

“If a process is chaotic to start with, it will remain chaotic after it has been digitalized.”

Florian Langer
Head of Factory Design
TRUMPF GmbH + Co. KG

09 Sep 2019

New Italian law supports ArcelorMittal Italia on Taranto

London – ArcelorMittal notes the publication yesterday on the Italian Official Journal of a decree law adopted by the Italian Government. This decree law amends the so-called Crescita decree law.

07 Sep 2019

British Industry nosedive continues as Brexit clock runs down

London – Britain’s manufacturers are firmly in a nosedive as the perfect storm of Brexit uncertainty, slowdown in major markets and trade wars takes its toll according to a major survey published yesterday by Make UK, The Manufacturers’ Organisation and  BDO LLP.

07 Sep 2019