London – Baosteel Zhanjiang orders digitalization packages, automation and electrics for new hot strip mill from Primetals Technologies. Target is to build an intelligent and the most advanced hot strip mill in the world.
Duisburg – In the second quarter of 2019, operating income (EBITDA), at €51 million before material special effects, was below the prior-year figure of €85 million.
Düsseldorf – Benxi Steel (Bengang Group Corporation) has placed an order with SMS group for the supply of a single-strand slab caster to be installed at the steelmaker’s works in Benxi in north-east China.
Sheffield – US flat product steel prices have been in a steady state of decline since the mid-part of 2018. A gradual uptick in domestic capacity utilisation was a contributory factor to the price erosion. Imported volumes remain an influence.
Berlin – PSI Metals has been commissioned by the SIJ – Slovenian Steel Group and its steel company SIJ Metal Ravne with the implementation of the PSImetals modules Production, Quality, Order Dressing and Order Scheduling and Line Scheduling.
Göppingen – The Executive Board of Schuler AG has adopted a program of measures aimed at adapting operating capacities in Germany to the changed competitive conditions and increased pressure on costs.
