Lucerne – Schmolz + Bickenbach today lowered its earnings forecast for the 2019 financial year based on the preliminary figures for the first eight months of 2019. The company is now forecasting adjusted EBITDA of between EUR 70 million and EUR 100 million.

Franfkurt - According to data from the customs authorities, iron ore imports increased by more than 6% year on year to almost 95 million tonnes.

Düsseldorf - THERMPROCESS China will premiere at wire and Tube China 2020 in Shanghai.

Salzburg – Benteler presented its Electric Drive System 2.0 to a broad audience for the first time in April 2019 at Auto Shanghai. Since then, it has gained traction. For the implementation of its rolling chassis, Benteler has now started to collaborate with renowned manufacturers.

London - New World Energy Scenarios discuss three plausible pathways to 2040 focusing on the impact of “disruptive innovation” on energy system.

London - According to Global Data, the value marked an increase of 44.8% over the previous month and a drop of 46.3% when compared with the last 12-month.

London – ArcelorMittal notes the publication yesterday on the Italian Official Journal of a decree law adopted by the Italian Government. This decree law amends the so-called Crescita decree law.

London – Britain’s manufacturers are firmly in a nosedive as the perfect storm of Brexit uncertainty, slowdown in major markets and trade wars takes its toll according to a major survey published yesterday by Make UK, The Manufacturers’ Organisation and  BDO LLP.

Washington - Department of Commerce announced its affirmative preliminary determinations in the antidumping duty.

Frankfurt - Recovery in metal prices is about to continue.

London – In late March, Primetals Technologies received the Final Acceptance Certificates (FACs) for automation upgrades conducted on a third-party 6-strand billet caster and two blast furnaces of Gerdau Ouro Branco in Minas Gerais, Brazil.