According to the German mechanical engineering association VDMA China became the number one machinery exporter worldwide. The country exceeded Germany as biggest exporter in 2020. Read more
Allegheny Technologies Incorporated announced it has reached tentative agreement for its labor contract with the USW covering approximately 1,300 represented employees. Read more
The Basque Justice has declared the 129 dismissals according to ERE regulations as invalid. Spanish stainless steel seamless tube and pipe producer Tubacex announced to appeal against the decision. Read more
Stainless steel flat and long product producer Jiangsu Delong Nickel – with plants in China and Indonesia – intends to enter the recycling business. Read more
According to VDMA, order intake in the German mechanical engineering industry grew by 47% in May compared to the strongly COVID affected May 2020 orders. Read more
German stainless steel distributor Stahlhandel Ernst Krebs KG (Solingen) will build new warehouse and logistics capacities of around 5,000 m2 until the end of this year. Read more
Qingdao Jiadong International Airport will be opened in July 2021. According to IMOA it has the world’s largest continuously welded stainless steel roof. Read more
European Car association ACEA reported about strong national variations in the EU between e-car shares for new cars. E-car share is significantly higher in countries with high GDPs. Read more
Butting has taken over the Burgkirchen (Bavaria) located supplier of cryogenic vacuumtechnology equipment, company Schwanner. The deal has been finalized on July 1, 2021. Read more
Saarstahl and its parent company SHS-Stahl-Holding-Saar (SHS) reached a principle agreement Liberty Steel Holding on Thursday July 1st, 2021. Stainless Steel production is not involved. Read more
Stainless steel flat products re-roller Marcegaglia has contracted Danieli for the technological upgrade of its 20-Hi Sendzimir mill in Gazoldo degli Ippoliti. Read more
Week 26 surcharge forecast is available in the club. The data include now forecast until September 2021. Read more
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