Industry News
Overview: Industry News
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Swiss Steel Group achieves solid profitability in Q1 2022
17/05/2022
Swiss Steel Group has reported revenue of EUR 1,028.8 million for the first quarter 2022 compared with EUR 751.6 million in the prior year quarter. This equates to an increase of 37 %. Sales volume decreased by – 6 % to 480 kilotons, from 510 kilotons in Q1 2021.
© Primetales Technologies
Tosyali Holding orders second slab caster from Primetals
13/05/2022
Turkish-based Tosyali Holding recently ordered a new slab caster from Primetals Technologies. Tosyali is aiming to expand in the Algerian market by implementing the slab caster together with a new hot-strip mill.
© SMS Group
SMS group secures order from Jindal Stainless Limited for a new blast furnace
04/05/2022
SMS group has been chosen by Jindal Stainless Limited to build a new blast furnace at their Kalinganagar unit in India. The blast furnace will have a production capacity of two million tons of hot metal per year. The plant will serve both existing downstream steelmaking facilities, as well as future ones.
© Tenova
Tenova to Supply a New Electric Arc Furnace (EAF) for Tosyali Algeria
03/05/2022
Tenova was recently awarded a contract for the supply of a new Electric Arc Furnace (EAF) at the Tosyali Bethioua plant, located in Algeria. This will be the second EAF that Tenova has supplied to this site. It is a key component of the current expansion project of Tosyali.
© thyssenkrupp
Groundbreaking ceremony at thyssenkrupp for processing plant
25/04/2022
At the recycling site in Duisburg’s inland port, TSR Recycling GmbH broke ground this week for the construction of a steel scrap processing plant.
© AICHELIN Group
Aichelin announces change in holding management
13/04/2022
Dipl.-Ing. Christian Grosspointner will take over from Dr. Peter Schobesberger in the coming weeks, taking charge of the future shaping of the global player specializing in heat treatment. Dr. Schobesberger will resign after over 23 years with the company, during which he held various management positions at AICHELIN.
© SMS Group GmbH
SMS group to supply new melt shop to Nucor steel West Virginia
06/04/2022
Nucor Steel has awarded SMS group, Inc. the contract to supply a complete melt shop for the new facility to be built in Mason County, West Virginia.
© Deutsche Edelstahlwerke (DEW)
Printdur HSA: new austenitic steel
10/07/2020
Deutsche Edelstahlwerke (DEW), a company in the SCHMOLZ + BICKENBACH Group, are expanding their portfolio for additive manufacturing.
© mbk Maschinenbau GmbH
New wire straightening and cutting machine with double bender
09/07/2020
mbk presents its new product, the DRA-16-M, a new wire straightening and cutting machine for straightening, cutting and bending reinforcement wire from coil – offering many advantages.
© Kieselstein International GmbH / Think-ing.de
New strong cooperation in the French market
10/06/2020
The Chemnitz wire drawing machine producer KIESELSTEIN won the French company SERVICES ET EQUIPEMENTS INDUSTRIELS sarl (SEQUEM) as their new Sales Agent.