Harsco Signs Three Multi-Year Add-On Contracts with JSW Steel

Camp Hill - Three new agreements are for a duration of 10-15 years, with a total value of $75M USD.

25 Sep 2019

Tenova: New agreement in China for 3 iRecovery® Systems

Castellanza - Italian solution provider contracted for three new iRecovery® systems (intelligent waste heat recovery systems) by Tangshan Zhengfeng Iron & Steel Co., LTD, in Hebei Province, China.

24 Sep 2019

China wants to help (industrial) companies financially

Frankfurt - Chinese central bank cut its annual corporate interest rate by 5 basis points to 4.2%.

24 Sep 2019

US Steel Prices Stall Following Recent Revival

Sheffield – The recent revival in US flat product prices appears to have come to a halt, this month. The consensus view, from MEPS’ September research, is that US selling values have plateaued – with figures expected to be under negative pressure for the remainder of 2019.

24 Sep 2019

Crude steel production in Germany - Signs of stabilizationl

Düsseldorf – In August 2019, crude steel production in Germany did not fall year-on-year for the first time in eight months.

24 Sep 2019

A new Managing Director at Stahlo Stahlservice

Dillenburg – A change at the top of Stahlo Stahlservice: effective on 1 October, Oliver Sonst is to assume executive management of one of the largest steel service centres in Europe. His appointment reflects the new strategic focus on future goals.

24 Sep 2019

EMO Hannover 2019 provides clarity in uncertain times

Hanover –  EMO Hannover 2019 closed its doors on last Saturday. From 16 to 21 September, round about 117,000 production specialists from 150 countries convened at EMO 2019. "This event built on the success of our boom year in 2017," reported EMO General Commissioner Carl Martin Welcker.

23 Sep 2019

Schuler press of forms parts for Italian sports car

Göppingen/Lecce – Meeting the needs of car manufacturers in record time: This is the slogan of Lasim S.p.A. based in Lecce. There, transfer systems with a press force of 800, 1,600 and 2,000 tons form up to 324,000 small and medium-sized parts per day.

23 Sep 2019

OECD sees rising trade tensions and policy uncertainty

Paris - The global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount, according to the OECD’s latest Interim Economic Outlook.

20 Sep 2019

Falling Raw Material Costs boost Negative Trend in Northern European Steel Prices

Sheffield – Northern European suppliers of flat steel products report sluggish activity, since the end of the summer vacation period. Carmaking, in Western Europe, continues to be depressed.

20 Sep 2019

US Steel: Disapointing figures for Third Quarter 2019 guidance

Pittsburgh - Company expects third quarter 2019 adjusted diluted loss per share to be approximately $0.35.

20 Sep 2019

POSCO, as Ready as Ever: The Countdown to IMO 2020

Pohang - South Korean steelproducer prepares for new 0.5% global sulfur cap on fuel content of International Maritime Organization (IMO).

20 Sep 2019

s