ArcelorMittal announces €300 million investement to produce electrical steels

Luxembourg - Investment with the support of the French government to create a new production unit for electrical steels at its Mardyck site in the north of France.

18 Mar 2022

RWI: Increased energy prices weigh on economic recovery in Germany

Essen - The RWI - Leibniz Institute for Economic Research lowers its forecast for German economic growth in 2022 to 2.5 percent due to the effects of the Ukraine crisis.

17 Mar 2022

Metso Outotec’s Annual report for 2021 has been published

Helsinki - The report consists of five sections that are Business overview, Financial review, Corporate governance statement, Remuneration report and GRI supplement.

16 Mar 2022

In January of 2022 shipments of EU SSC drop by -0,4% year on year

Brussels - In same period shipments of EU multi-product & proximity steel stockholding distribution were down by -9,9%.

14 Mar 2022

Rising energy prices: German steel recycling companies under pressure

Dusseldorf - The invasion of Russian troops in Ukraine at the end of February has far-reaching effects on German and European industry - including steel recycling companies.

13 Mar 2022

Metso Outotec wins major order for travelling grate pelletizing technology

Helsinki - The value of the order is above EUR 20 million and it has been booked in Metals’ Q1/2022 orders received.

13 Mar 2022

Endress+Hauser establishes new global logistics operations center

Reinach - With the establishment of the Global Logistics Operations Center in Ireland, Endress+Hauser aims bringing the operational control of logistics processes back into the company.

10 Mar 2022

Scan Head with Beam Shaper Increases Throughput in Fuel Cell Production

Puchheim - Scanlab together with its sister companies Blackbird  and Holo/Or  is developing  new system concepts for laser applications.

10 Mar 2022

ArcelorMittal Tubarão obtains sustainability certification

Belo Horizonte - First industrial plant in the Americas and outside Europe to obtain sustainability certification of its operations by the standards of ResponsibleSteel.

10 Mar 2022

Memorandum of Understanding for Salzgitter and Tenova on SALCOS

Castellanza - Salzgitter intends to order a DRI plant from Tenova with an annual capacity of 2.1 million tons for the future industrial production of directly reduced sponge iron.

08 Mar 2022

Metinvest temporarily suspends its production facilities in Mariupol

Mariupol - Decision was made by Metinvest's crisis response center to ensure the safety of its employees and preserve the equipment.

08 Mar 2022