Dusseldorf - Order intake was again increased to more than five billion euros (4.6 billion euros in the previous year). Sales also rose to 3.4 billion euros (previous year: 3.1 billion euros).
Essen - The RWI - Leibniz Institute for Economic Research has raised its forecast for German economic growth in 2024 slightly from 0.3 to 0.4 per cent, and expects 1.5 per cent for 2025.
Ijmuiden - Expansion is the latest in a series of investments. It strengthens the company's position in the market for thicker, stronger and more abrasion-resistant steel.
Augsburg - Kuka is supplying 23 friction stir welding cells with integrated robots for the production of electric vehicles for an automotive customer. Largest single order in this area for Kuka.
London - Trade association has released election manifesto advocating for policies that would create a more equitable environment and enhance the competitiveness of the UK steel industry.