Lucerne - Company promotes the production an ultra-fine-grained and tough high-grade steel which makes the need for additional alloys and special treatment obsolete thanks to a controlled thermomechanical processing phase.

Stockholm - Operating profit was also all time high in a single quarter, SEK 63.3 million (43.1), and earnings per share amounted to SEK 1.06 (0.70) in Q4.

Fort Wayne - Board of directors approved the appointment of Barry T. Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023.

Langenfeld - The Deurotech Group is further expanding its position as an expert in environmental and energy technology.

Dordrecht - Fraunhofer UMSICHT researchers determined a savings potential of more than 6.7 t CO2 per ton of blend on behalf of the Oryx Stainless Group.

Brussels - World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 140.7 million tonnes (Mt) in December 2022, a 10.8% decrease compared to December 2021.

Dusseldorf - European Union funds green production of manganese and manganese alloys with seven million euros.

Washington - Full year 2022 total and finished steel imports were 30,832,000 and 25,249,000 NT, down 2.0% and up 10.9%, respectively, vs. 2021.

Berlin - Chinese steel manufacturer, Valin ArcelorMittal Automotive Steel Co., Ltd (VAMA), in December 2022, successfully went live with a PSImetals 5.20 software solution at its plant that optimizes and scales-up its production.