London – Turkish steelmaker Çolakoğlu Metalurji A.S. (Çolakoğlu) has placed an order with Primetals Technologies to upgrade an existing VD (Vacuum Degassing) plant in its Dilovası meltshop to a VOD (Vacuum Oxygen Decarburization) plant.
Düsseldorf – In March 2019, thyssenkrupp Rasselstein GmbH (tk Rasselstein) has awarded SMS group an order covering the modernization of the oil application system of the tandem cold mill No. 2.
Achern – Formnext is the international trade fair for additive manufacturing technologies and its various processes. In 2019 the event will be held from 19 to 22 November in Frankfurt/Main – and KASTO will be there showcasing an innovative sawing concept.
Luxembourg – Aperam announces its intention to redeem its U.S.$300,000,000 0.625 per cent. Net Share Settled Convertible and/or Exchangeable Bonds due 2021 exchangeable into ordinary registered shares of Aperam.
Sao Paulo, Brazil – Despite the contraction compared to the previous year, the consumption of rolled steel in Latin America has recovered this month for the first time this year, exceeding expectations made at the beginning of 2019.
Zürich – Shijiazhuang Iron & Steel Co., Ltd. (Shigang), a member of HBIS Group, has awarded an order to SMS Concast , a company of SMS group, covering the supply of a second continuous bloom caster.
London – Primetals Technologies has received the final acceptance certificate (FAC) from China's Baoshan Iron & Steel Co. Ltd. (Baosteel) for the modernization of a more than 20 year old DC twin electric arc furnace at its Shanghai plant.
Brussels – The EU has published and implemented its revision of the EU steel safeguard. The new design of the tariff-free quota will better stabilise trade flows by containing import concentration from certain exporting countries.
