Liquidity is vital for survival in the crisis

Frankfurt am Main – In February, incoming orders in the mechanical engineering sector fell short of the previous year's level by 4 percent in real terms. While orders from domestic customers fell by 6 percent, orders from abroad were 3 percent below their prior-year level.

03 Apr 2020

New Jintian Ningbo Copper cold rolling mill commissioned in China

Düsseldorf – On March 19, 2020, SMS group (www.sms-group.com) successfully commissioned the new copper cold rolling mill of the Chinese copper manufacturer Jintian Ningbo Copper Co., Ltd. in the province of Jiangsu.   

03 Apr 2020

High investment at AM Neckarsulm

Neckarsulm - The ArcelorMittal steel trading branch in Neckarsulm is being further modernised: With a replacement investment of just under one million euros, the site has been given a new blasting and priming plant. After equipping all warehouses with LED lighting, this was the next milestone.  

03 Apr 2020

How driverless shuttles get safely from A to B

Renningen – Ferrying visitors from tram stop to exhibition center, supplementing public transport routes, moving containers full of packages in a logistics center: all these are possible use cases for driverless shuttles.

02 Apr 2020

Salzgitter focuses on overcoming the corona crisis, reduces production at some locations

Salzgitter – The coronavirus pandemic is presenting both the society and the economy with previously unknown challenges. Of course, Salzgitter AG is also affected.

02 Apr 2020

umati becomes the world language of production

Frankfurt am Main – In the future, VDMA and VDW will jointly promote the use and distribution of OPC UA standards for the entire mechanical engineering industry under the umati brand.

02 Apr 2020

Primetals Technologies introduces wear-resistant copper staves

London - Significant reduction in wear and unplanned maintenance, prolonging campaign lifetime of blast furnace operation.

02 Apr 2020

Ford is delaying its planned restart of certain North America plants

Detroit - Ford and autoworkers’ unions – especially the UAW – are working closely on initiatives to keep the workforce safe.

02 Apr 2020

Moody’s downgrades Outokumpu’s corporate family rating

Helsinki - Outlook on ratings was changed to negative.

01 Apr 2020

Price fall of aluminum continues

Frankfurt - Aluminum price has dropped below the $ 1,500 a ton mark to a new 4-year low at the LME.

01 Apr 2020

Schmolz + Bickenbach successfully completes refinancing

Lucerne – Schmolz + Bickenbach announces the successful completion of its financial restructuring.

01 Apr 2020

CCAC awards tk Aerospace for Airbus A320 project aluminum package

Essen – thyssenkrupp convinces AVIC Chenfei Commercial Aircraft Corporation in Chengdu (CCAC) with its “Materials as a Service” concept, which includes an onsite warehousing solution, and is awarded an additional work package with 1,200 metric tons of aluminum.

01 Apr 2020