Brussels – Apparent steel consumption fell by 2.5% year-on-year in the first quarter of 2019. The negative trend in steel demand is the result of the ongoing slump in EU’s manufacturing sector due to weakened exports and investment. Forward-looking indicators signal, at best, a low-level stabilisation later this year, but no rebound.
Göppingen – Whether it's a large press shop or a small stamping company, different Schuler machines are often brought together under one roof: from small stamping presses to transfer presses with coil line to press lines and blanking lines
Frankfurt a. Main – Start-ups are sought after. Many established companies are looking to make contact and cooperate with them and/or invest in them. At EMO Hannover, the company is presenting its tailor-made automation and artificial intelligence (AI) software on the start-up stand of the Federal Ministry of Economics and Technology
Weinsberg – Vollert erects a new material flow system with high-bay warehouse. It is the fourth warehouse of the intralogistics specialist at the Mercedes-Benz press shop in Bremen. Concurrently Vollert increased the overall speed of the existing intralogistics processes.
London – Mitsubishi Heavy Industries (MHI) and Primetals Technologies will acquire ABP Induction Systems(ABP), a global manufacturer and servicer of induction furnaces and heating systems from CM Acquisitions, a Chicago based private equity firm.
Düsseldorf – Gerdau AmeriSteel Corp. has selected SMS group for the supply of rolling mill stands to upgrade the heavy section mill in Petersburg, Virginia, U.S.A., and the medium section mill in Cartersville, Georgia, U.S.A.
