Munich – Prospects for the German automotive industry have deteriorated significantly as a result of the coronavirus crisis. This is the result of the latest survey conducted by the ifo Institute.

06 Apr 2020

Düsseldorf – In February 2020, the order intake recorded a change of minus 4 percent compared to the previous year. Domestic orders were up 8 percent, while 10 percent fewer orders came from abroad.

03 Apr 2020

Frankfurt am Main – In February, incoming orders in the mechanical engineering sector fell short of the previous year's level by 4 percent in real terms. While orders from domestic customers fell by 6 percent, orders from abroad were 3 percent below their prior-year level.

03 Apr 2020

Düsseldorf – On March 19, 2020, SMS group (www.sms-group.com) successfully commissioned the new copper cold rolling mill of the Chinese copper manufacturer Jintian Ningbo Copper Co., Ltd. in the province of Jiangsu.   

03 Apr 2020

Neckarsulm - The ArcelorMittal steel trading branch in Neckarsulm is being further modernised: With a replacement investment of just under one million euros, the site has been given a new blasting and priming plant. After equipping all warehouses with LED lighting, this was the next milestone.  

03 Apr 2020

Renningen – Ferrying visitors from tram stop to exhibition center, supplementing public transport routes, moving containers full of packages in a logistics center: all these are possible use cases for driverless shuttles.

02 Apr 2020

Salzgitter – The coronavirus pandemic is presenting both the society and the economy with previously unknown challenges. Of course, Salzgitter AG is also affected.

02 Apr 2020

Frankfurt am Main – In the future, VDMA and VDW will jointly promote the use and distribution of OPC UA standards for the entire mechanical engineering industry under the umati brand.

02 Apr 2020

London - Significant reduction in wear and unplanned maintenance, prolonging campaign lifetime of blast furnace operation.

02 Apr 2020

Detroit - Ford and autoworkers’ unions – especially the UAW – are working closely on initiatives to keep the workforce safe.

02 Apr 2020

Helsinki - Outlook on ratings was changed to negative.

01 Apr 2020

Frankfurt - Aluminum price has dropped below the $ 1,500 a ton mark to a new 4-year low at the LME.

01 Apr 2020