ArcelorMittal welcomes the European Commission’s Green Deal

Luxemburg - Geert Van Poelvoorde: “Europe’s commitment to reduce its carbon emissions to be net-zero should be applauded."

11 Dec 2019

Samuel Associated Tube Group to build new facility and add jobs in Alabama

Birminghan - Investment of approximately $29 million and plan to create additional new jobs by building a new manufacturing facility.

11 Dec 2019

EU to strengthen trade sanctions as WTO paralysis starts

London – As the international system for settling trade disputes is set to become crippled on Tuesday (10 December), Europe will in the coming days propose ways to bolster its sanction toolbox against countries that adopt illegal trade measures and block the renewal of the WTO’s appellate body.

11 Dec 2019

Otto Fuchs orders aluminum multi-chamber melting furnace

Düsseldorf – Otto Fuchs KG supplements its Meinerzhagen casthouse with one Ecomelt-PS150 melting furnace and two tiltable holding and casting furnaces from Hertwich Engineering, a company of SMS group.

11 Dec 2019

Management Board of thyssenkrupp Schulte reorganized

Essen – Effective January 1, 2020, Detlef Schotten will become Chairman of the Board of Management of thyssenkrupp Schulte, the German subsidiary of the materials distribution and service provider thyssenkrupp Materials Services.

11 Dec 2019

Harsco Environmental Joins ResponsibleSteel™

Camp Hill - Environmental division has joined ArcelorMittal, Daimler, BMW and others in the world’s first sustainability standard for the steel industry.

10 Dec 2019

Dr. Florian Geiger becomes the new CEO of Steeltec

Dusseldorf - Geiger, who whold a PhD in business administration, takes over the office from Gerd Münch on January 1.

10 Dec 2019

China boosts metal prices

Frankfurt - Politburo meeting of the ruling party and good US economic data have caused strong growth on industrial metal prices.

09 Dec 2019

SCHMOLZ + BICKENBACH: FINMA approves appeal

Lucerne - Swiss Financial Market Supervisory Authority decides positively on the appeal against the Swiss Takeover Board's decision of November 22.

09 Dec 2019

tk Materials Processing Europe supplies VW in Portugal on a just-in-time basis

Essen – One of Europe’s most popular compact SUVs rolls off the production line in Portugal: the VW T-Roc. To produce this model, Volkswagen relies on the supply chain experts from thyssenkrupp Materials Processing.

09 Dec 2019

Higher availability and increased yield

Düsseldorf – voestalpine Tubulars GmbH & Co KG has commissioned a three-die crimping press supplied by SMS group. The new press, which replaces a predecessor model supplied by SMS group back in 1998, will assure voestalpine Tubulars an increase in plant availability and higher yield.

09 Dec 2019

Merry Christmas

Düsseldorf - The marketSTEEL team wishes a Merry Christmas and a happy News Year!

09 Dec 2019