London - S&P Global/BME Purchasing Managers' Index (EMI) slipped back into negative terrain in July for the first time in more than two years.

Frankfurt - The aim of the measuerement is to boost export earnings and encourage domestic production of higher-value products.

Dusseldorf - Seifert, an MBA graduate from Hochschule Niederrhein, already worked for Messe Dusseldorf from 2010 to 2019.

Portland - Board of Directors appointed Richard Peach, the Company’s Executive Vice President, Chief Financial Officer, and Chief Strategy Officer, to serve as the Company’s Executive Vice President

Lucerne - Increased of the adjusted EBITDA to over EUR 96 million in the second quarter of 2022 (same quarter previous year – EUR 65 million).

London - By replacing the coal-fired blast furnaces with direct reduction plants where iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral in the long term.

Lucerne - The Swiss plant can already boast very low emission values and is reducing CO2 emissions even further in taking this step.

Helsinki - Outokumpu has signed an agreement to divest the majority of the Long Products business operations to Marcegaglia Steel Group, a leading industrial group worldwide in the steel processing sector.

Moscow - Fives will supply two DMS 20Hi EcoMill - a split housing mill for the Baoshan site and a monobloc mill for the Wuhan site.

Luxembourg - Benteler Steel & Tube Manufacturing Corporation is a U.S. producer of seamless steel pipe, with an annual pipe rolling capacity of up to 400,000 metric tons at its production facility located in Shreveport, Louisiana.

Buttrio - The spooler line will be installed downstream the existing Cognor bar mill in Krakow and produce compact rebars-in-coil up to 3.5 tons.