Engineered solutions with a new skin-pass mill ordered from Fives

Moscow - DMS SkinPass 4Hi, a new skin-pass mill from Fives, is designed to improve performance and surface quality of a continuous galvanizing line.

29 Oct 2019

Kampag named Swedish Steel Prize 2019 finalist

Stockholm - Award for developing a new harvesting feeder solution for soybean farming that lasts longer.

28 Oct 2019

RWI: German steel industry in the wake of industrial recession

Essen -The weak economy in German industry has reduced the total steel use by almost 5 percent or around 1.8 million tonnes this year.

25 Oct 2019

Gutekunst shaped springs at the Blechexpo 2019

Pfalzgrafenweiler - Gutekunst Formfedern GmbH will present technical possibilities, further developments and innovations.

25 Oct 2019

Weak market impacted SSAB Europe, while SSAB Americas held up well

Stockholm - SSAB’s operating profit for the third quarter of 2019 was SEK 300 million, down SEK 1,300 million compared with the third quarter of 2018.

24 Oct 2019

Smelters are likely to charge higher fees for copper

Frankfurt -Miner's strike in the world's largest copper mine Escondida in Chile could effect the copper market.

24 Oct 2019

SCHMOLZ + BICKENBACH plans capital increase

Lucerne – SCHMOLZ + BICKENBACH (“Company”), a global leader in special long steel, has informed yesterday about its plans for a capital increase. The transaction is subject to the approval of an Extraordinary General Meeting ("EGM") to be held on December 2, 2019.

24 Oct 2019

Europe further hit by effects of overcapacity

Brussels – The European Steel Association (EUROFER) has issued a joint release alongside eighteen other regional and national steel associations calling for the Global Forum on Steel Excess Capacity to be extended. At the same time, the crisis in the European steel industry continues to intensify.

24 Oct 2019

Prices Continue to Fall in Northern European Steel Market

Sheffield – Purchasing activity is subdued, in the northern European steel market. Supply chain participants are beginning to reduce their inventories. Market trends are not expected to change unless consumption increases, or production capacity is reduced.

23 Oct 2019

SCHMOLZ + BICKENBACH lowers guidance for fiscal year 2019

Lucerne – SCHMOLZ + BICKENBACH has today lowered its earnings forecast for the 2019 financial year on the basis of business developments since the beginning of September. Adjusted EBITDA is now expected to be below the range of EUR 70 million

23 Oct 2019

More transparency and process efficiency

Essen – To meet rising demand from its customers for online solutions, thyssenkrupp Materials Processing Europe has added new in-house developments to its portfolio of digital applications: Amongst these are the web-based information platform mpe connect.

23 Oct 2019

European Steel Buyers Expect Further Price Cuts Before Year-End

Sheffield – Despite the regional steelmakers’ attempts to lift basis values, in order to restore profit margins, European strip mill product prices moved downwards, in October. Market activity deteriorated noticeably.

23 Oct 2019