Bosch puts 5G machines in pole position

Stuttgart – 5G is coming. The new communications standard accelerates the internet of things and boosts Industry 4.0. Control systems and sensors of the kind built into facilities, machinery, and logistics chains stand to gain from this fast, reliable real-time wireless data transfer.

26 Nov 2019

Steel Dynamics Announces Fourth Quarter 2019 Cash Dividend

Forth Wayne - Company's board of directors has declared a quarterly cash dividend of $0.24 per common share.

25 Nov 2019

Thyssenkrupp presses ahead with Group restructuring

Essen - Weaker global economic dynamic weighs on earnings in fiscal year 2018/2019.

25 Nov 2019

Assofermet: Without Ilva EU measures on imports will make less sense

Milan – An invitation to calm and an appeal to everyone’s sense of responsibility – this sums up the words spoken by Riccardo Benso, president of Assofermet, the Italian association of local steel and scrap distributors, during the EUROMETAL SSC Regional Meeting.

25 Nov 2019

Crude steel production in Germany October 2019

Düsseldorf – In October 2019, crude steel production fell by 7 % compared with an already weak prior-year month. In the course of the year to date, production is now 5 % below the prior-year period. The steel industry in Germany faces extremely challenging economic conditions.

 

25 Nov 2019

EUROFER supports EU WTO action on Indonesia

Brussels – The EU has launched a WTO challenge against Indonesian export restrictions on the raw materials used in stainless steel production. The European Steel Association (EUROFER) welcomes the announcement by the European Commission that they are taking Indonesia to the WTO.

25 Nov 2019

Schmolz + Bickenbach files appeal with FINMA

Lucerne – Schmolz + Bickenbach has received notice from the Swiss Takeover Board that the requests of Martin Haefner/BigPoint Holding AG and Liwet Holding AG, respectively, regarding an exemption from the obligation to make an offer in connection with the planned capital increase regarding Schmolz + Bickenbach, have been rejected.

25 Nov 2019

TMK Announces 3Q and 9M 2019 IFRS Results

Moscow - 9M Revenue down 4% y-o-y at $3,667m. Russian division’s 9M Revenue up 4% y-o-y at $2,719m.

22 Nov 2019

RWI / ISL Container Throughput Index: World trade returns to growth

Essen - Index has again risen slightly to 139.9 in October according to the current flash estimate.

22 Nov 2019

Weak trade and investment threaten long-term growth

Paris – Trade conflict, weak business investment and persistent political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest Economic Outlook.

22 Nov 2019

Moody’s downgrades Outokumpu’s corporate family rating

Helsinki – Moody’s Investors Service has decided to downgrade Outokumpu’s corporate family rating to B2 from B1 and the probability of default rating to B2-PD from B1-PD.

22 Nov 2019

Successful commissioning and quick acceptance at NAS

Düsseldorf – For North American Stainless (NAS) in Ghent, Kentucky, SMS group  has successfully commissioned a torque retainer for the 160-ton AOD converter no. 1. The customer issued the final acceptance certificate shortly thereafter.

21 Nov 2019