2022: Swiss Steel Group achieved solid results in a challenging environment

Lucerne - Sales volume decreased by -11 % from 1,863 to 1,663 kilotons while revenue continued to rise strongly by 27 % from EUR 3,192.8 million to EUR 4,051.4.

9. Mar 2023

Industrial metals markets: Damper as Chinese government sets a growth target of 5%

Frankfurt - Target for this year at National People's Congress was below the expectations of many market participants.

9. Mar 2023

2022 Hoover Medal awarded to Indian engineer and entrepreneur Ratan Naval Tata

New York - Tata was the chairman of Tata Sons, the holding company of the Tata Group, from 1991 through 2012.

9. Mar 2023

German industry: Fewer supply bottlenecks cause production to rise slightly in February

London - With supply chains running smoothly, German manufacturing output expanded slightly in February for the first time in nine months.

7. Mar 2023

LME will no longer accept new metals in its US warehouses affected by new Russia sanctions

Frankfurt - Metals include primary aluminium, copper, lead and (North American special) aluminium alloys.

3. Mar 2023

Compact Controller Saves Space and Energy for Laser Welding

Garching - The ScannerControlBox of Blackbird Robotic simplifies and accelerates the integration in a variety of machine concepts.

3. Mar 2023

Metso Outotec wins order for iron ore pelletizing plants in China

Helsinki - This is the sixth pelletizing plant contract Metso Outotec has won in China since 2020 and the first order for plants of such a size in the Chinese market.

3. Mar 2023

Chinese government orders steel producers in Tangshan to cut production

Frankfurt - The announcement comes ahead of the National Party Congress on 5 March and is primarily aimed at curbing pollution.

28. Feb 2023

New LD converter (BOF) boosts productivity for ArcelorMittal Zenica

London - Converter revamped by Primetals Technologies started up, newly designed solution has resulted in increased production capacity.

 

28. Feb 2023

Russia's leading nickel producer has scrapped its production growth targets

Frankfurt - The company cites the need to recalibrate its mining projects after losing access to Western suppliers of technical equipment.

27. Feb 2023

Highbar LLC commissions SMS group the supply of an environmentally sustainable rebar minimill

Dusseldorf - Each minimill will have a capacity of just over 600,000 short tons per year, including a full range or sizes and rebar grades in both stick and spooled form.

22. Feb 2023

Salzgitter Group expands regional scrap recycling by aquiring recycling company

Salzgitter - Must-Metalle-Container-Recycling GmbHwas founded in 1909 and operates a container supply and scrapping business, dealing predominantly with companies in the metals processing sector.

22. Feb 2023