World steel industry news.

Steel Industry News

Thyssenkrupp banks on steel production recovery
Fri, 14 Aug 2020 00:00:00 GMT
Thyssenkrupp Steel Europe plans to improve its capacity utilisation going forward, following painful losses in its third fiscal quarter through June. During the earnings call of parent thyssenkrupp AG, chief financial officer Klaus Keysberg said the steel plants saw production dip -38% at the beginning of the Covid-19 lockdown. Utilisation has meanwhile...

Thyssenkrupp AG Earnings beat, Revenue misses In Q3
Fri, 14 Aug 2020 00:00:00 GMT
Investing.com - Thyssenkrupp AG (DE:TKAG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Thyssenkrupp...

Red Bud Industries receives order from JM Steel
Fri, 14 Aug 2020 00:00:00 GMT
Red Bud Industries recently received an order for a Heavy Gage Slitting Line from JM Steel, a steel service center. The new line will be installed at JM Steels new facility...

Samuel Roll Form Group to expand Mississippi facility
Thu, 13 Aug 2020 14:30:00 GMT
Samuel Roll Form Group, a provider of heavy roll-formed steel products, is adding 67,000 sq. ft. to its 125,000-sq.-ft. facility in Iuka, Miss. This $6.9 million expansion of operations is expected to create 30 jobs. The new process bay will accommodate additional rolling...

AddiFab's AFU5 3D printer designed for making injection ...
Thu, 13 Aug 2020 12:30:00 GMT
The AFU5 printer unit from AddiFab is built to deliver low-volume 3D-printed injection mold tools quickly. It integrates seamlessly with other equipment from the manufacturer and is compatible with all the manufacturers printed tool resins, as well as those from...

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Middle East News

SEAISI Press Release
Wed, 15 Jul 2020 00:00:00 GMT
Court rules against Trump's doubling of tariffs on Turkish steel


Iran moving away from exporting raw minerals to create more value ...
Fri, 26 Jun 2020 03:22:00 GMT
Deputy Iranian Industry, Mining, and Trade Minister Darioush Esmaieli says over 90 million tons of iron ore was produced in the country during the previous Iranian calendar year of which only seven


AL Ezz Dekheila Steel calls shareholders to review 2019's financial ...
Mon, 22 Jun 2020 07:57:00 GMT
ArabFinance: AL Ezz Dekheila Steel - Alexandria (EZDK) (IRAX) called for an ordinary general meeting, on July 14th, to review the financial results and commutative contracts for 2019, according to the