Duisburg – Judge Wessel Lappenberg would probably never have believed what would become of his wire factory in what is now Hagen-Hohenlimburg: Back in 1619 he operated a wire factory using water from the Wesselbach river.
Stuttgart – Bosch is preparing systematically for connected manufacturing and logistics: effective July 1, 2019, Sven Hamann, 46, took over as head of the Bosch Connected Industry business unit. Hamann succeeds Dr. Stefan Assmann.
London – Baosteel Zhanjiang orders digitalization packages, automation and electrics for new hot strip mill from Primetals Technologies. Target is to build an intelligent and the most advanced hot strip mill in the world.
Duisburg – In the second quarter of 2019, operating income (EBITDA), at €51 million before material special effects, was below the prior-year figure of €85 million.
Düsseldorf – Benxi Steel (Bengang Group Corporation) has placed an order with SMS group for the supply of a single-strand slab caster to be installed at the steelmaker’s works in Benxi in north-east China.
Sheffield – US flat product steel prices have been in a steady state of decline since the mid-part of 2018. A gradual uptick in domestic capacity utilisation was a contributory factor to the price erosion. Imported volumes remain an influence.
