MHI and Primetals to acquire ABP Induction Systems

London – Mitsubishi Heavy Industries (MHI) and Primetals Technologies will acquire ABP Induction Systems(ABP), a global manufacturer and servicer of induction furnaces and heating systems from CM Acquisitions, a Chicago based private equity firm.  

17 Jul 2019

Gerdau selects SMS group for several rolling mill upgrades

Düsseldorf – Gerdau AmeriSteel Corp. has selected SMS group for the supply of rolling mill stands to upgrade the heavy section mill in Petersburg, Virginia, U.S.A., and the medium section mill in Cartersville, Georgia, U.S.A.

17 Jul 2019

Tradeshow trio spotlights industrial transformation in China

Hannover – PTC ASIA has spotlighted innovation and technology transfer in China’s industry for almost 30 years. This year parallel, ComVac ASIA displays further growth with its focus on compressed air and vacuum technology. CeMAT ASIA completes the tradeshow trio with the topic intralogistics.

16 Jul 2019

Tata Steel India: Production increased by 20% y/y in first quarter of fiscal year

Mumbai - Market spread for steel products gobally have been affected by challenging market conditions.

 
 

16 Jul 2019

Industrial Purchasing Manager Index of Germany remains negative in June

Eschborn - Slowdown in export demand, combined with the weakening automotive industry weakened German industrial production.

16 Jul 2019

SCHMOLZ + BICKENBACH lowers guidance for fiscal year 2019

Lucerne - Company is now forecasting adjusted EBITDA of between EUR 130 million and EUR 170 million.

16 Jul 2019

Messe Düsseldorf New Organiser of Saw EXPO

Friedrichshafen/Düsseldorf  – With immediate effect Messe  Düsseldorf GmbH will  act  as  organiser  of Saw EXPO, the  special-interest trade  fair  for  the  sawing  sector,  to  be held  in Friedrichshafen every  two  years.

15 Jul 2019

New PSImetals Service Platform

Berlin –  PSI Metals has successfully launched the PSImetals Service Platform at METEC 2019 in Dusseldorf, Germany. The Service Platform is the new powerful software basis that combines all requirements for a future-proof production management solution for all currently available PSImetals components.

15 Jul 2019

Schnitzer Steel reports strong third quarter 2019 financial results

Portland - Company reports AMR Ferrous and Nonferrous Volumes up 9% and CSS Finished Steel Volumes up 38% sequentially.

13 Jul 2019

Tata Steel wins the CII Greenco Star Performer Award

New Delhi - Multi-nutrient Sulphate fertiliser from LD Slag waste’ project bagged the Most Innovative Project recognition.

13 Jul 2019

The Bright World of Metals - the marketSTEEL Interview

marketSTEEL Interview with Mr. Friedrich-Georg Kehrer
Global Portfolio Director Metal and Flow Technologies
Messe Düsseldorf

13 Jul 2019

AM Italia to restart two blast furnaces very quickly

Luxembourg – Steelmaker ArcelorMittal Italia had to take offline blast furnaces two and four at its Taranto steelworks in quick time on last Thursday, after unions called a strike because of a worker falling into the sea.

13 Jul 2019