European Steel Industry News

Primetals Technologies and Tata Steel Europe complete successful ...
Thu, 19 Sep 2019 00:00:00 GMT
For the first time in over 50 years of cooperation, Primetals Technologies and Tata Steel Europe have commissioned a Level2 system for a continuous caster completely online. In mid-July 2019, the new system from Primetals Technologies successfully replaced the existing automation on continuous caster CC21 of Tata Steel Europe in IJmuiden, the Netherlands. At the same time, Primetals Technologies is constructing continuous caster CC23 for Tata Steel Europe in IJmuiden, which will also


Liberty fires starting gun on new pan-European steel network
Tue, 17 Sep 2019 00:00:00 GMT
Liberty fires starting gun on new pan-European steel network


Czech automotive output, exports rebound in July
Mon, 16 Sep 2019 00:00:00 GMT
Czech automotive outputincreased 1.48% on-year in January-July to 838,142 units, reversing from the -1.47% decline seen after six months, according to the latest Czech Automotive Industry Association (AIA) data seen byKallanish. The Czech Republic is Central and Eastern Europe (CEE)s largest car manufacturer, sourcing automotive steel from US Steel Kosice (USSK) and ArcelorMittal among


Kone open to co-shareholding with Thyssenkrupp in elevator deal ...
Fri, 13 Sep 2019 00:00:00 GMT
FRANKFURT Reuters - Finland's Kone (HE:KNEBV) is open to a co-shareholding structure in a potential deal to merge with Thyssenkrupp's (DE:TKAG) elevator division, its chief executive


Elevator proceeds must stay with Thyssenkrupp - steel labour ...
Thu, 12 Sep 2019 00:00:00 GMT
DUISBURG, Germany Reuters - Proceeds from a potential sale of Thyssenkrupp's (DE:TKAG) elevator division must stay with the group, a leading labour representative said on Thursday,


Kone eying Thyssenkrupps Elevator Business
Sat, 07 Sep 2019 01:30:32 GMT
Reuters - , citing three people familiar with the matter, reported that Finland's Kone is considering teaming up with a private equity partner to bid for Thyssenkrupp's elevator business. Source of


EU governments back 3% increase to steel import quotas
Thu, 05 Sep 2019 00:00:00 GMT
EU governments on Wednesday approved a proposed increase in EU steel import quotas to 3% across all product categories, as suggested by the European Commission in its August review, down from the previously planned 5% increase, according to a news agency report citing diplomats. The EU has not yet formally published the results of


ASMAG expands production space
Wed, 04 Sep 2019 12:10:00 GMT
ASMAG Anlagenplanung und Sondermaschinenbau GmbH has completed the expansion of its headquarters in Austria.The expansion adds more than 34,000 sq. ft. for the assembly of the companys machines and systems. ASMAG is a provider of metal tube production and fabrication


German steel users lower 2019 production forecast
Wed, 04 Sep 2019 00:00:00 GMT
Production at German steel and metal processing companies in the first half of the year was down -2.4% on-year,Kallanishlearns from steel users federation Wirtschaftsverband Stahl- und Metallverarbeitung (WSM). Since April, the number of employees in the industry has also been declining, after years of increasing employment. WSM has therefore lowered its production forecast for


Tata Steel Europe to sell Cogent Power to JFE Shoji
Tue, 03 Sep 2019 00:00:00 GMT
CPI is part of Cogent Electrical Steels, one of the five non-core business units, the sale of which Tata Steel Europe had announced in May


Tata Steel Europe announces outcome of sales process for non-core ...
Mon, 02 Sep 2019 00:00:00 GMT
Tata Steel Europe has today (Monday, September 2) announced the outcome of a sales process for non-core business units.


New railway hub opens in Westphalia
Mon, 02 Sep 2019 00:00:00 GMT
Monday will see the opening of a new reloading and re-distribution point for mostly steel products in the town of Ahlen near Mnster. The site is in the Westphalian part of German state North Rhine Wesphalia (NRW), somewhat to the northeast of the Ruhr Valley and its mills. A private local entrepreneur, Wilhelm Haver,


Benteler divests steel tube distribution business
Wed, 28 Aug 2019 12:10:00 GMT
Austria-based Benteler Group has announced it will divest its Benteler Distribution division, a distribution partner for steel tubes and associated services with about 1,600 employees, to the Van Leeuwen Pipe and Tube Group. This will allow the Group to increase its focus on its


Thyssenkrupp files complaint against EU over Tata merger
Fri, 23 Aug 2019 00:00:00 GMT
Thyssenkrupp will file a complaint against the European Commissions decision to prohibit the formation of a European flat steel joint venture with Tata Steel. The complaint will be submitted to the General Court of the European Union (EGC), the group said Thursday. The Commission had found that a joint venture between thyssenkrupp and Tata


Insight: EU revision on HRC quota to hit Turkish exports
Fri, 23 Aug 2019 00:00:00 GMT
The European Commissions proposed revisions on the global HRC safeguard quota could hit Turkish mills HRC exports to the region significantly, especially next year, as Turkey is one of the main countries benefiting from the quota. According to the ECs revision plan, any one country can alone supply up to a maximum of 30%


Number of news reports: 15