ABB urges greater adoption of high-efficiency motors
Zurich - In a new whitepaper published this week, ABB reveals potential for significant energy efficiency improvements in industry and infrastructure.
05 Mar 2021
Tatyana Averchenkova new NLMK Lipetsk Managing Director
Lipetsk - Vyacheslav Vorotnikov, who has held the position of NLMK Lipetsk Managing Director since 2019, will be taking on the role of adviser to the CEO.
04 Mar 2021
US stainless steel prices forecast to reach 9-year high
Sheffield - Many industrial sectors witnessed a rise in new orders during the final few months of 2020.
Swiss Steel Group: Revenue for full-year 2020 fell by 23.2 % year on year
Lucerne - Adjusted EBITDA in 2020 of EUR – 68.9 million versus EUR 51.2 million in 2019; with slight improvement in Q4 2020.
03 Mar 2021
Primetals and Midrex sign contract for world´s largest HBI plant
Dubai - Plant will produce 2.08 million metric tons of hot briquetted iron (HBI) per year. Latest design features reduce energy consumption and environmental impact.
02 Mar 2021
Global metals & mining industry cross border deals total $7.7bn in Q4 2020
London - Nova Resources’ $2.39bn acquisition of KAZ Minerals was the metals & mining industry’s biggest cross border deal.
Container Throughput Index: World trade returns to growth path
Essen - Index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) has risen slightly to now 120.8.
27 Feb 2021
Kardemir awards SMS contract to modernize wire rod mill
Dusseldorf - Turkish steel producer aims to modernize its wire rod mill for the production of wire rod coils that are optimized for shipping.
Next step towards the smart factory:
Duisburg – thyssenkrupp Hohenlimburg (tk) is considered a perfect example of digitization of the rolling mill process.
26 Feb 2021
High demand in China for cold-pilgered seamless tubes
Düsseldorf – Western Energy Material Technologies Co., Ltd. (WEM) has placed an order with SMS group for the supply of a cold pilger mill type KPW 25 LC+.
25 Feb 2021
Networking and digitalization of the supply chain is the key to success
Ilse HenneChief Transformation Officer thyssenkrupp Materials Services
German machine tool industry sees light at end of tunnel
Frankfurt am Main – The VDW expects production in the German machine tool industry to grow by 6 per cent to around 12.6 billion euros in 2021.
24 Feb 2021
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