VDMA: Orders decline once again

Frankfurt/Main – In May 2019, incoming orders in the mechanical engineering sector in Germany fell again by 7 percent in real terms. While domestic demand almost stagnated (minus 1 per cent), orders from abroad were 9 per cent below the previous year's relatively high level.

3. Jul 2019

Smart steel to protect buildings from earthquakes and other risks

Kassel – Researchers at the University of Kassel have now succeeded in developing a smart steel that can also be produced cost-effectively in sufficiently large dimensions with good properties. This opens new avenues for use in the construction industry.

3. Jul 2019

WSM on the future of mobility

Düsseldorf / Hagen –  The WSM Wirtschaftsverband Stahl- und Metallverarbeitung e.V. (German Steel and Metal Processing Trade Association) supports open technology in the promotion of new drive technologies. The transport sector must contribute to the attainment of climate targets.

3. Jul 2019

Thyssenkrupp acquires US O’Keefe Elevator Company

Omaha - This is the second distributor acquisition for thyssenkrupp Elevator in the past months.

2. Jul 2019

ArcelorMittal completes sale of several European steelmaking assets to Liberty House

Luxemburg - Agreement includes sites in Ostrava (Czech Republic), Galati (Romania), Skopje (Macedonia), Piombino (Italy), Dudelange (Luxembourg) and several finishing lines at ArcelorMittal Liège (Belgium).

2. Jul 2019

Kuka robot writes down entire bible with a calligraphy pen

Dordrecht - The process was launched by the Dutch King as part of the celebrations marking the 400th anniversary of the Dordrecht Synod.

2. Jul 2019

German Steel Association: Global Steel Forum urgently needs to be renewed

Düsseldorf - Hans Jürgen Kerkhoff, President of the Wirtschaftsvereinigung Stahl: "The summit results of Osaka are disappointing for the steel industry."

2. Jul 2019

tk Aerospace cooperates with Dynamatic Technologies Limited

Essen – The Indian aerospace industry is growing steadily. The international original equipment manufacturers (OEMs) are increasingly purchasing components in India and are carrying out research and development locally.ssen –

1. Jul 2019

Outokumpu has signed a secured EUR 400 million term loan

Oslo – Outokumpu has on Friday last week signed a secured EUR 400 million term loan. The margin of the loan is linked to the total recordable incident frequency rate and carbon dioxide emission per ton of stainless steel produced, both in relation to set targets.

1. Jul 2019

GIFA, METEC, THERMPROCESS & NEWCAST stimulate investments

Düsseldorf – After five eventful days at the trade fair, the Bright World of Metals concluded successfully on Saturday 29 June. It fortified its international leading position as the world’s most important trade fair platform for metallurgy and casting technology.

30. Jun 2019

US Steel Košice decides to idle Blast Furnace 2

Košice - Higher electrical costs in home region, combined with CO2 credit costs that have risen five times in the past year, and higher raw material costs, along with current prices has jeopardized business.

29. Jun 2019

Heimatec constructs new hall to expand production at the Renchen site

Renchen - In the construction as well as the creation of highly modern manufacturing facilities around 8 million Euros has been invested.

29. Jun 2019