Crude steel production in Germany February 2020

Düsseldorf  – Although crude steel production in Germany increased by 4 percent year-on-year to 3.5 million tonnes in February, this was starting from a low level.

26 Mar 2020

No HANNOVER MESSE in 2020

Hannover. – HANNOVER MESSE cannot take place this year due to the increasingly critical situation surrounding the Covid-19 pandemic. The Hannover region has issued a decree that prohibits the staging of the world's leading tradeshow for industrial technology.

26 Mar 2020

Large Plant Manufacturers hold their own in a difficult environment

Frankfurt - The companies of the VDMA Large Industrial Plant Manufacturers' group performed well in a volatile market environment characterised by strong price and competitive pressure.

25 Mar 2020

Parker Hannifin relies on FACTUREE

Berlin –  In today’s world, a high level of precision and fast delivery times are crucial to the production of individual components. Online manufacturer FACTUREE is meeting these new requirements with its wide range of manufacturing services, quick response times and on-time delivery.

25 Mar 2020

New date for NEFTEGAZ: 22 – 25 June 2020

Düsseldorf/Moscow – AO EXPOCENTR, Messe Düsseldorf GmbH and OOO Messe Düsseldorf Moscow are postponing the leading networking platform for the Russian oil and gas industry NEFTEGAZ due to the effects of the Coronavirus Covid-19.

25 Mar 2020

COVID-19 pandemic burdens the business of Klöckner & Co SE

Duisburg – Against the background of the impact of the global COVID-19 pandemic on the economy, the previous expectation for fiscal year 2020 published in the Group forecast by Klöckner & Co SE (“Klöckner & Co”) on March 10, 2020 cannot longer be maintained.

25 Mar 2020

Mood in the metal markets has changed overnight

Frankfurt - Expected US stimulus measures as well announcement to "re open" city of Wuhan causes prices to rise.

24 Mar 2020

RWI / ISL Container Throughput Index: Crash in February

Essen - Index fell by 10.9 points in February, according to the current flash estimate. This is the strongest monthly decline ever observed.

24 Mar 2020

CPL for UHSS grades started up at Shougang Jingtang

London – In December 2019, a continuous pickling line (CPL) started up at Chinese steel producer Shougang Jingtang United Iron & Steel Co., Ltd. (Shougang Jingtang). The pickling line is designed to process around 1.5 million metric tons of hot rolled strip per year.

24 Mar 2020

World Crude Steel Production in February 2020

Brussels – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in February 2020, a 2.8% increase compared to February 2019.

24 Mar 2020

COVID-19: Joint actions to win the war

Paris - The pandemic brings with it the third and greatest economic, financial and social shock of the 21st Century. This shock brings a double whammy: a halt in production in affected countries, hitting supply chains across the world, and a steep drop in consumption together with a collapse in confidence.

24 Mar 2020

RWI: Corona epidemic weakens German economy

Essen - RWI - Leibniz Institute for Economic Research is lowering its forecast for German economic growth in 2020 by almost two percentage points.

23 Mar 2020