Swiss Steel Group rebounded with significantly improved results in 2021

Lucerne - Sales volume increased by 21 % from 1,535 to 1,863 kilotons in 2021 despite a softening of demand from the automotive industry in the last quarter.

08 Mar 2022

US Steel Advances Metallics Strategy with Pig Iron Investment at Gary Works

Pittsburgh - The approximately $60 million investment will produce up to 500,000 tons of pig iron annually and provide a critical raw material input for its electric arc furnaces.

28 Feb 2022

Escalation of the Russia-Ukraine conflict leads to high demand for gold

Frankfurt - The gold price jumped up to USD 1,930 per troy ounce at the start of trading.

28 Feb 2022

New sanctions against Russia cause oil and gas prices to rise sharply

Frankfurt - The European natural gas price (TTF, 1-month forward) rose by as much as 36% to EUR 119 per MWh.

28 Feb 2022

SSAB joins forces with Polestar to develop a climate-neutral car

Stockholm - The Polestar 0 project, announced in 2021, aims to create a climate-neutral car by 2030 by eliminating emissions from the supply chain.

26 Feb 2022

Wuppermann in Hungary receives international energy certificate

Leverkusen - The certificate is the established standard for energy management, which proves that Wuppermann systematically increases energy efficiency.

26 Feb 2022

Severstal announces 2022 capital investment programme

Cherepovets - Severstal plans to invest $1,600 mln in 2022, focusing on customer experience, cost leadership and new opportunities.

18 Feb 2022

Metinvest to invest US$1.2 billion in Ukraine in 2022

Mariupol - A key project is the reconstruction of the dedusting systems in Azovstal’s basic oxygen furnace shop.

18 Feb 2022

Endress+Hauser of Switzerland increases sales and profit in 2021

Reinach - The company group's consolidated sales rose by more than 11 percent to just under 2.9 billion euros.

18 Feb 2022