German economy's assessment of "Phase One Deal" ambivalent

Berlin – The partial agreement reached between the USA and China in January in their trade dispute is now coming into force. The "Phase One Deal" also brings disadvantages for the German economy.

14 Feb 2020

thyssenkrupp: Sales stable despite economic headwind

Essen – In a difficult economic environment, tk’s sales were virtually stable at €9.7 billion in the first three months of the current fiscal year 2019/2020. While the capital goods businesses achieved in some cases double-digit growth rates, the materials businesses were impacted by price and volume losses.

14 Feb 2020

Walk of Steel: Steel workers arrive in Brussels after 10 days

Brussels - Employees and works councils met Vice President of the European Commission Frans Timmermans to talk about the situation in the steel industry.

13 Feb 2020

Tenova: First Consteel® EAF for Nippon Steel in Japan

Castellanza -  First installation of this kind of equipment for Nippon Steel Group in Japan.

13 Feb 2020

Annual Meeting of Global Steel Wire Group in Cantabria

Santander - President of Cantabria highlighted the importance of GSW for the economic momentum of the region.

12 Feb 2020

Bernhard Osburg new Chairman of Thyssenkrupp Steel Europe Executive Board

Essen - Current COO of Thyssenkrupp Steel Europe AG was previously responsible for sales management of the steel business.

12 Feb 2020

Global carbon dioxide emissions flatlined in 2019

Paris - Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to International Energy Agency IEA data released yesterday.

12 Feb 2020

Schuler expands spare parts warehouse

Göppingen – Unanticipated press downtime can often be extremely frustrating, especially since each additional hour of system inactivity can get very costly. When a component on the press fails, it has to be replaced as soon as possible so that production can resume with minimal delay.

11 Feb 2020

Danieli endless casting rolling mida minimill starts operating at Nucor Sedalia

Buttrio - Facility features a rated capacity of 380,000 shtpy for #4 to #11 rebars (12.7 to 35.8 mm) in straight and spooled bars.

10 Feb 2020

Outokumpu President & CEO Roeland Baan to step down in May

Helsinki - Search for Mr. Baan’s successor has been underway since last autumn.

10 Feb 2020

Working together for a successful future

Achern – Kasto’s sustained global success is underpinned by many different contributions – namely from the more than 700 employees who work for the company. It is their commitment and ideas that make the sawing and storage technology specialist the best in its sector.

10 Feb 2020

PWO puts Schuler TwinServo press into operation

Göppingen/Valašské Meziříčí,– Progress-Werk Oberkirch (PWO) AG has officially started up a TwinServo press at its Czech location in Valašské Meziříčí. The 2,500-ton system forms parts for car seats from high-strength sheet metal.

10 Feb 2020