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Trelleborg and Freudenberg in JV within antivibration solutions
Trelleborg signs letter of intent with Freudenberg regarding a joint venture relating to the antivibration business for light and heavy vehicles.
January 17, 2011 10:12:57 AM
Nordex strengthens purchasing operations
Nordex is placing a new man in charge of the Group’s Purchasing, responsible for the procurement operations of Nordex’s regional companies in Europe, Asia and America.
January 17, 2011 10:30:37 AM
Steel Goes Green at BAU 2011
At Bau 2011, ThyssenKrupp Steel Europe will be presenting Environmental Product Declarations for its steel construction elements.
January 17, 2011 10:55:41 AM
REpower wins largest-ever project
REpower signs a 300 MW contract for Canadian wind projects - with the delivery of 150 wind turbines, this is the company’s largest single project to date.
January 17, 2011 11:45:45 AM
EU steel market - On upward spiral
Steel prices of all products across Europe ie in Spain, Germany and Italy jumped up last week.
January 17, 2011 12:16:54 PM
Iron ore market - Up, up and up
Iron ore spot market is continuing its upward momentum with approaching spring festival holidays and concerns on supply side.
January 17, 2011 12:21:31 PM
Big freeze adds pressure to TATA Steel Europe sales
The big freeze has had a knock on effect on sales from the TATA Steel works in Scunthorpe. Company chiefs have also blamed the ever soaring cost of raw materials for a near 8% drop in deliveries.
January 18, 2011 8:24:15 AM
Scrap market - Hits the roof
Steel scrap prices have surged in the last 15 days and seem to have hit the peak and could correct a bit in the coming days.
January 18, 2011 8:25:28 AM
Swedish steel mill wins German order
Scana Steel i Björneborg AB has signed a contract with Becker Marine Systems. The German customer demands high quality steel for its production of ship rudders.
January 18, 2011 9:06:44 AM
World steel price to top USD 1,000 per tonne in 2011
MEPS: World Average Carbon Steel Price is forecast to exceed USD 1,000 per tonne in the third quarter, according to preliminary analysis.
January 18, 2011 9:05:53 AM
Alstom takes power order worth nearly EUR 1 billion
Alstom has signed a contract worth nearly one billion euros to build a new power plant in Estonia.
January 18, 2011 10:48:06 AM
MAN demands EUR 237m in damage claims from former executives
MAN is demanding damage claims from its former CEO and five other former executives following bribery allegations.
January 18, 2011 11:23:38 AM
Restructuring at Outokumpu
Outokumpu is restructuring for more efficient production of special stainless. As of March 1, Outokumpu's Specialty Stainless operations will have a new organisation.
January 18, 2011 11:33:58 AM
Forgemasters pursue strong market objectives
Delegates from around the globe came together to discuss strategies for continual diversification into niche markets at Sheffield Forgemasters’ annual sales conference.
January 19, 2011 8:48:16 AM
Coking coal may reach USD 300 per tonne
Coking coal may reach USD 300 per tonne this year in the spot market as flooding in Australia crimps supply and demand gains in China and India.
January 18, 2011 12:17:08 PM
World wide stainless steel crude steel output figure for 9 months
Western Europe and Africa is ranking number three under the world stainless producing areas. After nine months of 2010 this area achieved a 29.6% increase...
January 19, 2011 8:24:42 AM
Klöckner unit to expand in UK after doubling premises
A division of Germany-based Klockner & Co multi metal distribution is to double the size of its Yorkshire facility in a move which it believes will lead to growth for the company.
January 19, 2011 9:28:10 AM
China's Valve Industry, 2010-2012
Report: With the increasingly fierce competition in the global valve market, many outstanding international valve manufacturers have closed down their factories in North America, Europe and Japan...
January 19, 2011 8:25:44 AM
EU probes truckmakers
EU's competition watchdog launched surprise inspections at several trucking companies on Tuesday over suspicions they may have formed an illegal cartel.
January 19, 2011 11:21:07 AM
BMW and Schuler expands cooperation
BMW intends to open a completely new factory in Shenyang - using the same metalforming machines from Schuler which have proved so successful at its German facilities.
January 19, 2011 11:30:40 AM
Vestas awarded world’s most prestigious energy prize
Abu Dhabi: Vestas was last night awarded The Zayed Future Energy Prize 2011. The prize of 1.5 million U.S. dollars has already been donated by Vestas to further enhance the spread of renewable energy.
January 19, 2011 12:05:47 PM
Iron ore prices set for new records
The iron ore spot market is looking to set new records as the supply tightness continues...
January 19, 2011 12:09:15 PM
South Europe steals the show over North in HRC prices
HRC prices continue upswing in Europe despite scanty transactions amid hyped import levels from Mediterranean producers maintaining the pressure.
January 19, 2011 12:13:25 PM
Rio Tinto announces fourth quarter 2010 operations review
Rio Tinto's global iron ore operations set a new quarterly production record at 65 million tonnes and a new annual record at 239 million tonnes.
January 20, 2011 9:17:18 AM
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