SCHMOLZ + BICKENBACH reaches agreement with German Federal Cartel Office

Lucerne - Parties have agreed on a fine of EUR 12.3 million.

21 Nov 2019

Companies that fail to digitalize will have a tough time

Dr.-Ing. Heinz-Jürgen Prokop
Chief Executive Officer Machine Tools (CEO MT)

21 Nov 2019

Schuler captures Indian market with Yadon

Göppingen/Pune – Schuler’s affiliate Yadon is a success story also in India: In the last two years, more than 80 presses from the Chinese manufacturer have been sold in the country. About half of them with a press force ranging from 60 to 1,000 metric tons have already been installed at various metal forming companies.

21 Nov 2019

Quenching and HSD® lines successfully commissioned at Daehan Sinpyeong

Düsseldorf – South Korean Daehan Steel Co., Ltd. has smoothly re-started production with new SMS group quenching and high-speed lines following the successful modernization of the Sinpyeong bar mill. The Final Acceptance Certificate (FAC) was signed two months ahead of the original schedule.

21 Nov 2019

World Energy Council launches Hydrogen Global Charter

London - Initiative aims to be a platform to recognize the momentum of hydrogen as a complement to electrification as well as a long-term storage option for renewables.

20 Nov 2019

Nickel price continues to be weak

Frankfurt - So far, nickel has fallen by more than 14% in November, even more than 20% from its 5-year high in early September.

20 Nov 2019

International Ferroalloys Conference

Budapest - Review on the International Ferroalloys Conference November 17.-19,2019

20 Nov 2019

European Steel Prices Approaching Bottom of The Current Cycle

Sheffield, UK – Procurement activity, resale values and sentiment remain weak, in the European strip mill products market, in November. Slow economic growth, global trade conflicts and political difficulties have added to the air of pessimism.

20 Nov 2019

Friction Reduction in the Seal

Weinheim – The optimum function of rotary shaft seals depends on many factors. One of them is the wettability of the sealing lip. This parameter plays a particularly important role with synthetic lubricants such as polyglycol.

20 Nov 2019

thyssenkrupp supplies individual solutions for its customers

Essen – When it comes to tailor-made solutions and many years of consulting and engineering expertise from powder metal to 3D finished parts made of metal or plastic, thyssenkrupp is one of the industry's leading service providers.

20 Nov 2019

Salzgitter AG enters the field of commercial hydrogen production

Salzgitter – Salzgitter Flachstahl GmbH has awarded the contract to build a 2.2 megawatt PEM electrolysis plant (PEM = Proton Exchange Membrane) to Siemens Gas and Power, marking an important step towards hydrogen-based steelmaking.

20 Nov 2019

Aviation discs and turbine blades for the Chinese aviation industry

Düsseldorf – China-based AVIC Shaanxi Hongyuan Aviation Forging Co., Ltd, a subsidiary of AVIC Heavy Machinery Co., Ltd, in partnership with SMS group , has put the world's largest clutch operated screw press into operation at its site in Xi’an, Shaanxi Province, China.

20 Nov 2019