Sheffield – The business environment is challenging, in Brazil. Domestic steelmakers attempted to push through a price increase for October’s production campaign. Predictably, distributors and end-users are reluctant to commit to forward orders.
Sheffield – North American and European steelmakers are struggling to halt the negative trend in flat products. Low steel demand, plentiful supply and a sharp fall in raw material expenditure, notably scrap, have prompted deflation in regional steel selling values
Berlin – PSI Group improved sales in the first nine months of 2019 by just under 13 % to 159.7 million euros (30 Sept. 2018: 141.6 million euros) through organic growth in the two segments and 5.5 million euros sales from the acquisition in the energy sector.
Essen – tk Materials Services is pressing ahead with the development of digital customer solutions: With "easy entry", the materials specialists of the thyssenkrupp Group have developed innovative software that enables customers to record their incoming goods quickly and easily.
Gelsenkirchen – Climate protection is one of the major challenges of our time. It is becoming increasingly clear that a substantial transformation of industrial value chains and production processes is needed in order to meet the climate protection targets of the Paris Agreement.
Collegno (TO) – During the "Innovation Days 2019" event at the Prima Industrie Headquarters in Collegno (TO), the Group opened the doors of its Advanced Laser Center, the new facility of about 4000 m² dedicated to research and innovation of advanced laser manufacturing systems.
Düsseldorf – Ningbo Powerway Alloy Material Co., Ltd., subsidiary of Ningbo Powerway Group, has contracted AMOVA GmbH, a company of SMS group, to supply a logistics system for the complete works complex at its Yinzhou site in China.
Düsseldorf – The Conference of German Prime Ministers last week also dealt with the prospects for the steel industry in Germany. In a joint resolution, the federal states committed themselves to steel production in Germany.
Lucerne – Schmolz + Bickenbach informs that its major shareholder Liwet Holding AG has requested the convocation of an Extraordinary General Meeting. Liwet intends to propose to the EGM that the Board of Directors will be reappointed.
