China Steel Corporation orders three converters

Düsseldorf – China Steel Corporation (CSC), Taiwan, has awarded SMS group the contract to supply three 160-ton converters for its No. 1 steel making plant in Kaohsiung, Taiwan. The aim of the upgrade is to improve the availability of the converters and reduce the need for maintenance.

07 Aug 2019

Schmolz + Bickenbach slowed down by weak market development

Lucerne  –  Schmolz +BIckenbach today reported a 16.2% decline in sales volume from 580 kilotons in the second quarter of 2018 to 486 kilotons. Due to higher sales prices, revenue decreased proportionally less sharply to EUR 807.6 million (11.1%) from EUR 908.3 million in the prior-year quarter.

07 Aug 2019

Schnitzer Board Declares Quarterly Dividend

Portaldn - Board of Directors of Schnitzer Steel declared a cash dividend of $0.1875 per common share.

06 Aug 2019

Order intake in mechanical engineering June 2019

Frankfurt – In the first six months of the current year, machine builders in Germany recorded a significant drop in their order books. In the first half of 2019, they recorded a 9 percent decline in orders in real terms compared with the previous year, with the decline being the same in Germany and abroad.

05 Aug 2019

Industrial Pioneers Summit gearing up for second season

Hannover. Following its successful debut this year, the Industrial Pioneers Summit will be entering its second season HANNOVER MESSE in April of 2020. Some 500 participants from around the world are expected to attend the event on 22 April 2020.

05 Aug 2019

AK Steel announces 18 % net imcome rise for second quarter of 2019

West Chester - Adjusted EBITDA of $151.5 million, or 9.0% of sales; up 2% from a year ago.

02 Aug 2019

ArcelorMittal comments on Taranto court decision concerning AFO2

Luxemburg - Company has prepared a timetable for closing the blast furnace 2 as requested.

02 Aug 2019

Outokumpu half-year report

Helsinki – Strong operational execution secured satisfactory performance in the second quarter; Group adjusted EBITDA at EUR 91 million.

02 Aug 2019

tk Hohenlimburg celebrates its 400th anniversary this year

Duisburg – Judge Wessel Lappenberg would probably never have believed what would become of his wire factory in what is now Hagen-Hohenlimburg: Back in 1619 he operated a wire factory using water from the Wesselbach river.

02 Aug 2019

Bosch sets the stage for the factory of future

Stuttgart – Bosch is preparing systematically for connected manufacturing and logistics: effective July 1, 2019, Sven Hamann, 46, took over as head of the Bosch Connected Industry business unit. Hamann succeeds Dr. Stefan Assmann.

02 Aug 2019

Zekelman Industries to Build Largest Continuous ERW Tube Mill in Blytheville

Pittsburgh - The mill will be capable of producing sections as large as 28″ OD x 1″ wall.

01 Aug 2019

Industrial Metals: No tailwind through China PMI

Beijing - Manufacturing PMI, published this morning in China, rose slightly faster than expected in July.

01 Aug 2019

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