Primetals supplies aluminum hot rolling mill to BaoWu

London – Primetals Technologies will supply BaoWu Aluminium Technology Ltd. a combined aluminum hot rolling mill to produce heavy plate and strip. This is the first major investment by BaoWu, following their acquisition of Henan Tongren Aluminium Industry Co. Ltd.

30 Aug 2019

tk Materials Services expands use of digital platform toii

Essen – In 2017, tk Materials Services began to digitally connect its machinery network, using their self-developed IIoT platform toii. Now thyssenkrupp plans to make the potential of digital networking available to other industrial companies in the future.

29 Aug 2019

CHINA DIECASTING 2019 enjoys growth on all fronts

Shanghai - 15 percent more visitors and 11 percent more exhibitors.

28 Aug 2019

Metal prices have well pegged the renewed escalation of the trade dispute

Frankfurt - At the SHFE in Shanghai today almost all metal prices are positive.

28 Aug 2019

Benteler divests its distribution business

Salzburg –  Benteler announced that it would increase its focus on its core business, the Automotive division, which accounts for some 80 percent of the Group’s turnover and to divest its Benteler Distribution division to the Van Leeuwen Pipe and Tube Group.

28 Aug 2019

SMS commissioned the first of four converters at Hoa Phat

Düsseldorf – SMS group has successfully commissioned the first of four converters at Hoa Phat Group, Vietnam. More converters will be commissioned before the end of 2019. In total, the new converter shop shall produce four million tons of liquid steel per year.

28 Aug 2019

Iran’s semi-finished steel exports decline by 29 percent y/y

Teheran - Iranian Steel Producers Association releases figures for fiscal year 2018/2019.

27 Aug 2019

Baosteel Zhanjiang orders slab caster from Primetals Technologies

London – In January, Baosteel Zhanjiang placed an order for a continuous slab caster with Primetals Technologies. The caster, CCM 3, will be set up in the Baosteel production site in Guangdong Province in South China.

27 Aug 2019

Steel Dynamics Announces Third Quarter 2019 Cash Dividend

Fort Wayne - US steel producer has declared a quarterly cash dividend of $0.24 per common share.  

27 Aug 2019

Tata Steel unveils India’s first organised steel retail store

Kolkata - Tata Steel launched its steel retail store ‘steeljunction’ in a new avatar with an aim to create new paradigms in steel retailing for the ‘B2C’ consumers.

27 Aug 2019

Thomas Kamphausen

Thomas Kamphausen to become new CFO of Schuler

Göppingen –  Schuler AG is to get a new Chief Financial Officer. The Supervisory Board has appointed Thomas Kamphausen (56) as a member of the Executive Board of Schuler AG as of September 1, 2019. Mr. Kamphausen will take over as the Group’s Chief Financial Officer and Labour Director.

26 Aug 2019

Curtailed demand in Nordic markets

Sheffield – Business activity, in August, is generally subdued in the Nordic markets, as participants return from annual holidays. The US-China trade war continues to have a negative effect on sentiment. Reduced automotive production, principally in Germany, is starting to disturb other market sectors.

23 Aug 2019

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