CELSA Barcelona places order with SMS group for modernization of medium-section mill

Düsseldorf – CELSA Barcelona has contracted SMS group to revamp the section mill at its Castellbisbal location in Spain

06 Feb 2020

PSI Metals completes Generational Change

Berlin – As of the 1st of January 2020, Jörg Hackmann and Harald Henning have been appointed new Directors at PSI Metals. Together with Thomas Quinet, Managing Director since 2017, the new Strategy Committee will focus on accelerating the transformation of PSImetals.

06 Feb 2020

Innovative logistics center of tk Materials Services to open in mid-2021

Essen – tk Materials Services yesterday laid the foundation stone for the construction of the new logistics center in Rotenburg, Lower Saxony. A state-of-the-art logistics center is being built at the site and is scheduled to start operations in mid-2021.

06 Feb 2020

Year-end without surprise

Frankfurt / Main – Overall, 2019 was a disappointing year for mechanical engineering companies in Germany. Compared to the previous year, the order books for 2019 as a whole show a real decline of 9 percent.

06 Feb 2020

A new website for the International Stainless Steel Forum

Brussels –  The International Stainless Steel Forum has released a new website. worldstainless.org aims to be the most comprehensive site for anyone interested in stainless steels.

06 Feb 2020

Steel prices in a downward pull

Frankfurt - Concerns among market participants that the corona virus stifles economic activity in China.

04 Feb 2020

Tata Steel heralds sustainability strategy for future of automotive sector

London - Plans will support vehicle manufacturers today and in the future as they develop the next generation of hybrid and electric vehicles.

01 Feb 2020

RWI / ISL Container Throughput Index: Trade conflicts increasingly burden global trade

Essen - Index of the RWI - Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) fell again significantly in December.

01 Feb 2020

SMS to replace the largest converter in North America at AMD

Düsseldorf – ArcelorMittal Dofasco (AMD), Canada, has awarded SMS. the contract to supply a replacement 320-ton KOBM converter and gear drive for its steel making plant in Hamilton, ON, Canada. The converter at AMD is the largest basic oxygen converter in North America.

31 Jan 2020

Nucor Reports Results for Fourth Quarter and Year Ended 2019

Charlotte - Nucor Corporation announced consolidated net earnings of $107.8 million, or $0.35 per diluted share, for the fourth quarter of 2019.

30 Jan 2020

Industrial metals: Prices are already falling again

Frankfurt - Copper fell to a 5-month low of $ 5,560 a ton, while zinc was the lowest since mid-2016 at $ 2,180.

30 Jan 2020

Economic and steel market outlook 2019 - 2020

Brussels – Apparent steel consumption fell by 3.1% year-on-year in the third quarter of 2019, a slight moderation compared to the drop recorded in the second quarter (-6.7%). The ongoing negative trend in steel demand is the result of the continued slump in EU’s manufacturing sector.

30 Jan 2020

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