Steeltec AG concludes consultation process with reduced redundancies

Emmenbrücke - The company confirmed the reduction of 130 positions as previously announced, with the number of redundancies lowered from the anticipated 80 to a maximum of 50 employees.

14. Jan 2025

SMS Group enhances durability and monitoring of blast furnace 4 at ROGESA

Düsseldorf - The upgrade focuses on renewing the furnace lining for more durable and reliable performance.

 

13. Jan 2025

German passenger car market declines in 2024 - electric vehicle registrations drop

Berlin - German Association of the Automotive Industry: Domestic car production in December totaled 232,900 units, marking a 10% decline compared to December 2023.

12. Jan 2025

British Steel participates in launch of UK government's Steel Council

Scunthorpe - The council aims to advise on rebuilding the sector with up to £2.5 billion in funding through the forthcoming Steel Strategy.

10. Jan 2025

Thomas Bünger appointed as new CEO of ArcelorMittal Germany

Berlin - Bünger succeeds Reiner Blaschek, who transitioned to the role of CEO at ArcelorMittal Europe – Flat Products last year.

9. Jan 2025

SSAB intends to divest its rock bolt business unit to U.S.-based Jennmar

Stockholm - SSAB’s expandable rock bolts are made of high-quality steel from the Nordic region and manufactured exclusively at SSAB in Virsbo.

8. Jan 2025

Joint Statement: Nippon and US Steel challenge blocked takeover

Sheffield - Both companies reiterate their confidence that the transaction will be ‘lawfully completed’.

8. Jan 2025

Metso receives large sustainable filtration equipment order from India

Helsinki - The technology will be used for concentrate filtration to produce iron ore pellets from pellet plants in India.

8. Jan 2025

Network Steel: Takeover of Galmed plant in Sagunto from Thyssenkrupp

Sagunto - The plant, which produces 450,000 tonnes of hot-dip galvanised steel annually, mainly supplies the automotive industry.

3. Jan 2025

MEPS International: Global steel production and capacity overview for 2025

Sheffield - Study shows the most important developments in the steel sector in Europe, North America and Asia.

3. Jan 2025

German Steel Federation study: The steel industry at a crossroads

Berlin - Study included information how the transformation of the steel industry can contribute both to achieving climate targets and to strengthening the competitiveness of downstream industries

3. Jan 2025