Munich – In the run-up to Christmas, sentiment among German executives has improved noticeably. The ifo Business Climate Index rose from 95.1 points1in November to 96.3 points in December. The indicator of the current situation rose. Expectations also improved.
Göppingen – Schuler Pressen GmbH has reached an agreement with a strategic investor group based in Munich, Germany, regarding the takeover of its die construction activities in Göppingen and Weingarten, Germany.
Luxembourg – In the first 10 months of 2019, shipments of EU SSC dropped by -3,6 %. In same period shipments of EU multi-product & proximity steel stockholding distribution were down by -4,8%
Luxembourg - Aperam, the world's greenest stainless steel producer, announces today its targets to significantly reduce its environmental footprint by 2030, and its ambition to become carbon neutral in its European operations by 2050.
Geneva – The Director-General’s annual overview of trade-related developments discussed on 12 December at a meeting of the Trade Policy Review Body shows that trade restrictions by WTO members continue at historically high levels.
Düsseldorf – Shandong Iron & Steel Group Co. Ltd., Rizhao, China, has awarded SMS group the final acceptance certificate, following the successful commissioning of its new continuous caster for ultrawide slabs.