Castellanza –  Tenova was recently awarded a contract for Tenova’s Industry 4.0 technology system, iEAF® (Intelligent Electric Arc Furnace) by NLMK Ural, the core company within NLMK Long Products Division controlled by NLMK Long, for its plant in Revda, Russia.

Frankfurt/Main – The VDW (German Machine Tool Builders’ Association) is expecting production output to fall by 18 per cent in 2020. “This is something the sector hasn’t seen in a long time, following the boom of recent years,” to quote Dr. Heinz-Jürgen Prokop, Chairman of the VDW.

Essen - A rail network of some 300 kilometers covers the thyssenkrupp Steel site in the north of Duisburg. Rail is the key means of transport for raw materials and products around the site and beyond its boundaries.

Darmstadt– ISRA VISION AG, the SDAX Machine Vision  company  and  one  of  the  world’s  leading  providers  of  surface  inspection  solutions  and  3D machine  vision  and  the  Swedish-listed  global  industrial  group  Atlas  Copco  have  signed  a  Business  Combination Agreement (BCA) to enter into a strategic partnership.

Berlin – The partial agreement reached between the USA and China in January in their trade dispute is now coming into force. The "Phase One Deal" also brings disadvantages for the German economy.

Essen – In a difficult economic environment, tk’s sales were virtually stable at €9.7 billion in the first three months of the current fiscal year 2019/2020. While the capital goods businesses achieved in some cases double-digit growth rates, the materials businesses were impacted by price and volume losses.

Brussels - Employees and works councils met Vice President of the European Commission Frans Timmermans to talk about the situation in the steel industry.

Castellanza -  First installation of this kind of equipment for Nippon Steel Group in Japan.

Santander - President of Cantabria highlighted the importance of GSW for the economic momentum of the region.

Essen - Current COO of Thyssenkrupp Steel Europe AG was previously responsible for sales management of the steel business.

Paris - Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to International Energy Agency IEA data released yesterday.

Göppingen – Unanticipated press downtime can often be extremely frustrating, especially since each additional hour of system inactivity can get very costly. When a component on the press fails, it has to be replaced as soon as possible so that production can resume with minimal delay.