umati becomes the world language of production

Frankfurt am Main – In the future, VDMA and VDW will jointly promote the use and distribution of OPC UA standards for the entire mechanical engineering industry under the umati brand.

2. Apr 2020

Primetals Technologies introduces wear-resistant copper staves

London - Significant reduction in wear and unplanned maintenance, prolonging campaign lifetime of blast furnace operation.

2. Apr 2020

Ford is delaying its planned restart of certain North America plants

Detroit - Ford and autoworkers’ unions – especially the UAW – are working closely on initiatives to keep the workforce safe.

2. Apr 2020

Moody’s downgrades Outokumpu’s corporate family rating

Helsinki - Outlook on ratings was changed to negative.

1. Apr 2020

Price fall of aluminum continues

Frankfurt - Aluminum price has dropped below the $ 1,500 a ton mark to a new 4-year low at the LME.

1. Apr 2020

Schmolz + Bickenbach successfully completes refinancing

Lucerne – Schmolz + Bickenbach announces the successful completion of its financial restructuring.

1. Apr 2020

CCAC awards tk Aerospace for Airbus A320 project aluminum package

Essen – thyssenkrupp convinces AVIC Chenfei Commercial Aircraft Corporation in Chengdu (CCAC) with its “Materials as a Service” concept, which includes an onsite warehousing solution, and is awarded an additional work package with 1,200 metric tons of aluminum.

1. Apr 2020

ArcelorMittal publishes updated statement regarding the impact of COVID-19

Luxemburg - "We are reducing production and temporary idling steelmaking and finishing assets, adapted on a country by country basis."

31. Mar 2020

SSAB to initiate employer-employee negotiations in its Finnish operations

Stockholm - Temporary layoffs in Finnish operations following weakened market conditions as a result of the Covid-19 pandemic.

31. Mar 2020

New Integrated Control Center for Baosteel CC3 continuous caster

London –At the end of 2019 Baosteel commissioned an integrated control enter (ICC) for the CC3 two-strand continuous caster. The work was carried out in collaboration with Primetals  at the company's Steelworks No. 1 in Shanghai.

31. Mar 2020

Thyssenkrupp and labor union agree on an immediate "Corona crisis package”

Essen - Cost reductions and job cuts of 3,000 jobs required.

30. Mar 2020

US Steel to preserve strong long-term future in response to Covid-19

Pittsburgh - Steel company announces a series of aggressive and meaningful actions.

30. Mar 2020