No SENSOR+TEST 2020

Nürnberg/Wunstorf – The preparations for the SENSOR+TEST 2020 in Nuremberg were already in top gear. From the 23rd to the 25th of June 2020, the call was supposed to be “Welcome to the innovation dialog!” Regrettably the SENSOR+TEST will not be held this year.

30 Apr 2020

Europe's steel industry must invest over EUR 100 billion in CO2 reduction

Munich –  Europe's steel industry is under pressure. The steel-producing sector is currently the largest industrial CO2 emitter in Europe, accounting for 22 percent of total emissions. At the same time, the European Union has resolved to become climate neutral by 2050.

30 Apr 2020

PSI with stable new orders and strong cashflow despite Corona crisis

Berlin – Despite the emerging Corona crisis, the PSI Group, with 96 million euros in the first quarter of 2020 (March 31, 2019: 97 million euros), almost reached the record new orders of the same quarter of the previous year.

28 Apr 2020

Hot commissioning of coiler No. 3 at POSCO hot strip mill

Düsseldorf – 22. April 2020 saw the successful winding of the first coil with the new Uni Plus Coiler, supplied by SMS group for POSCO’s hot strip mill No. 4 at Gwangyang in South Korea.

28 Apr 2020

Schmolz + Bickenbach: All agenda items approved

Lucerne – Schmolz + Bickenbach AG, a world leader in special long steel, today held its Annual General Meeting excluding shareholders in accordance with the COVID-19 Regulation 2 of the Swiss Federal Council.

28 Apr 2020

Safety is still top priority for thyssenkrupp Steel

Duisburg – The coronavirus is currently dominating working life. Many employees are working from home, but this is not possible for everyone. For example, employees whose job is to keep production running continue to come into their usual workplace every day and must comply with the hygiene rules there.

28 Apr 2020

THI study examines the optimum material mix for electric vehicles

Ingolstadt – Emissions in electromobility can be reduced not only by the right mix of electricity, but also by the appropriate use of materials during vehicle manufacture. Manuel Schweizer has analysed this in a research project.

27 Apr 2020

ArcelorMittal announces commitment for new US$3bn term loan facility

Luxemburg - Credit Facility represents a new commitment from BNP Paribas, Crédit Agricole Corporate & investment Bank, J.P. Morgan and Société Générale.

27 Apr 2020

Industrial metals: Supply surpluses everywhere

Frankfurt - World Bureau of Metal Statistics (WBMS) reports high supply surpluses for many metal markets.

27 Apr 2020

In Shenzhen, the Chinese Silicon Valley, the sleeping dragon is awake

Dagmar Dieterle-Witte
Editor marketSTEEL

25 Apr 2020

Severstal reports Q1 2020 financial results

Cherepovets - Group revenue declined by 12.5% y/y to $1,777 million (Q1 2019: $2,031 million) in Q1 2020.

24 Apr 2020

MMK Group to allocate more than RUB 13 billion to its environmental programme

Magnitogorsk - Magnitogorsk Iron and Steel Works (MMK) has approved environmental goals for 2020.

24 Apr 2020