Salzgitter delivers pre-tax profit in a persistently challenging market environment

Salzgitter – In an environment of great political uncertainty, multiple trade conflicts and economic headwind, the Salzgitter Group generated a pre-tax profit of € 40.7 million in the first nine months of the financial year 2019.

13 Nov 2019

Incoming orders in the German machine tool industry have caught up somewhat

Frankfurt am Main - In the third quarter of 2019, order intake in the German machine tool industry fell by 25 percent year-on-year. Orders from Germany fell by 29 percent. Foreign orders lost 23 percent. In the first nine months of 2019, incoming orders fell by 23 percent.

13 Nov 2019

Industrial metals: Prices slightly under pressure after Trump speech

Frankfurt - In his speech to the New York Business Club, US President did not include any signicant indicators about progress in the US-China trade dispute.

13 Nov 2019

Fives presents new digital solution at China International Import Expo (CIIE)

Moscow -  NeoKoil® fully automatic strip processing line is based on predictive modelling to enable the best quality yield and optimal productivity.

13 Nov 2019

WMU orders TwinServo press from Schuler

Göppingen/Hann. Münden – Weser Metall Umformtechnik (WMU) GmbH fully relies on digitization and networking. The automotive supplier from Hann. Münden, Germany, has ordered not only a TwinServo press with Smart Assist from Schuler, but also equips three more systems with the digital helper.

13 Nov 2019

Siemens and SCANLAB agree to team up on machine control concepts

Nuremberg - The two companies have integrated the RTC6 scan head control board into the Siemens Simatic S7-1500 Controller for use in laser-based manufacturing applications.

12 Nov 2019

SCHMOLZ + BICKENBACH suffers from poor market situation

Lucerne - Sales volume in Q3 2019 with 405 kilotons significantly down year-on-year from 470 kilotons due to a pronounced and continued drop in demand.

12 Nov 2019

Japanese steel producers rely increasingly on laser measuring technology from TBK

Düsseldorf – Yamato Steel Co. Ltd., Japan, has ordered a PROgauge light-section system from TBK Automatisierung und Messtechnik GmbH, Graz, Austria, a company of SMS group, for its Kokyo section mill.

12 Nov 2019

How sawing technology has gradually changed

Achern – Sawing technology has always been Kasto’s main business field and today it is one of the two main pillars of the company. 175 years of Kasto company history are characterised by numerous innovations and developments, thanks to which Kasto revolutionised the sawing of metal time and time again.

12 Nov 2019

Additive manufacturing being put into practice

Frankfurt am Main – There has been great deal of hype surrounding the benefits of additive manufacturing for several years now. Numerous companies have invested in machines and have been trying out the innovative manufacturing process.

12 Nov 2019

tk Materials Services expands service in Poland and celebrates 25th anniversary

Essen – thyssenkrupp Materials Poland, a company of the Materials Services business area, has further expanded its regional warehouse in the north of the country. The new facility in Nowe Mazy recently went into operation.

12 Nov 2019

Schuler line produces blanks for trucks

Göppingen – A truck manufacturer has produced blanks for cabs on a Schuler line for almost a year now. The high-tech cut-to-length shear produces blanks from a coil. As one of the first Schuler systems, the line not only features the new uniform visualization, but also an innovative concept for stacking the blanks.

12 Nov 2019