KlöCo with falling sales and earnings – positive outlook for 2020

Duisburg – Falling steel prices and weak demand resulted in a decline of around 7% in KlöCo’s sales to €6.3 billion in fiscal year 2019. While operating income before material special effects was within the guidance range at €124 million it remained substantially below the prior year.

10 Mar 2020

New METAV date set

Frankfurt am Main – METAV 2020 is postponed until March 2021. It will now be held from 23 to 26 March 2021. "We are delighted to have agreed a new date together with our partner, Messe Düsseldorf, so quickly," says Dr. Wilfried Schäfer, Executive Director of the METAV organiser VDW.

09 Mar 2020

ArcelorMittal InvestCo signs amendment agreement with Ilva Commissioners

Genova - Amendment Agreement outlines the terms for a significant investment by Italian state-sponsored entities into AM InvestCo.

08 Mar 2020

Global metals & mining industry deals total $502.25m in January 2020

London - The value marked a decrease of 93.6% over the previous month and a drop of 89.7% when compared with the last 12-month average of $4.88bn.

08 Mar 2020

Industrial metals: Prices are holding up relatively well despite losses

Frankfurt - Steel and iron ore prices are also not exceptionally low, although the corona virus has hit the steel industry in China particularly hard.

08 Mar 2020

Canada’s metals & mining industry M&A deals total $6.81bn in Q4 2019

London - Canada held a 33.7% share of the global metals & mining industry M&A deal value that totalled $20.22bn in Q4 2019.

08 Mar 2020

Casthouse expansion in Klomnice

Düsseldorf – Eurometal S.A., a company of the Eko-Świat group, has placed an order with Hertwich Engineering for the supply of an Ecomelt-PR100 multi-chamber melting furnace for the expansion of its aluminium casthouse in Klomnice, Poland. The plant, with a capacity of 30.000 tons per year, is scheduled to start operation in spring 2021.

06 Mar 2020

New date for wire and Tube in Düsseldorf

Düsseldorf - Leading international trade fairs for the wire, cable and tube industry, wire and Tube, will take place from 7 to 11 December 2020.

06 Mar 2020

Logistics and automation from one source

Düsseldorf – dnata, one of the world’s largest airport services provider, is moving its air cargo handling operations at Manchester Airport to a new purpose-built facility, the “dnata City Northˮ cargo complex.

06 Mar 2020

Commissioning of two LiquiRob systems at Baosteel Meishan

London – In 2019, two LiquiRob systems from Primetals Technologies commenced operation at the Meishan plant of Baoshan Iron & Steel Co. Ltd.

06 Mar 2020

Metal production in China is picking up again

Frankfurt - Chinese economy is on track to return to normal.

04 Mar 2020

Engineers are preparing the Whyalla Port in South Australia for new work

Adelaide - Sanjeev Gupta explores steel recycling opportunities.

04 Mar 2020