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.

Pittsburgh - Michael McGarry is the Chairman and Chief Executive Officer of PPG.

Stockholm - Acquisition supports SSAB’s strategic target of global leadership in Q&T and advanced high-strength steels.

Hellenthal - With  the acquisition Schoeller Werk wants to capture significant synergies in the production of stainless steel tubes.

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.

Bad Neustadt a.d. Saale - PIA Digital & Innovation Lab is an integral part of the PIA 4.0 vision to drive digitization projects across departments

Essen - Index remains at a stable level of 137.1 in June.

Hannover - Upcoming EMO will provide a start-up area on an exhibition area of ​​660 m².

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.

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Duisburg – Klöckner & Co SE reorganizes its management team. The Supervisory Board today appointed Dr. Oliver Falk and John Ganem to the Management Board effective August 1, 2019.