Canton/ Klášterec – Many parts for Volkswagen’s new electric car ID.3 have their origins in Schuler presses. The supplier Snop produces A-pillars and sills on the hot stamping line at its location in Klášterec (Czech Republic) in the south of Zwickau (Germany), where the ID.3 rolls off the line.

Sao Paulo, Brazil –  At a moment of low dynamism in the world economy (thanks to the slowdown in developed and developing countries) long-term regional factors and political transitions in several countries have contributed to a very challenging environment in Latin America.

Frankfurt/Main – The perception of China as an important trading partner has changed in the mechanical engineering sector. Previously tolerated subsidy distortions and unequal market access are no longer acceptable.

Frankfurt/Main – In November 2019, incoming orders in the mechanical engineering sector in Germany fell by 15 percent in real terms compared with the previous year. While orders from domestic customers fell by 15 percent, foreign customers ordered 14 percent fewer machines.

Frankfurt - Iron ore prices are dropping 2% today to $ 92 a ton, as Australia exported a record amount of iron ore.