JSW Steel Ohio has signed a long-term tolling agreement with Allegheny Technologies to convert slab produced at JSW's facility in Mingo Junction, Ohio, into hot-rolled coil at ATI. Read more
German steel companies thyssenkrupp Steel and HKM (Huettenwerke Krupp Mannesmann) and the Port of Rotterdam jointly investigate setting up international supply chains for hydrogen. Read more
Association VDA (Germany): Passenger car market is only slowly recovering in some regions. Besides lockdowns also the global chip shortage was an obstacle for growth. Read more
Shipments of durable goods increased by 5.4% yoy in Q1/21. The even higher order intake (+11%) is indicating an accelerating recovery in most segments. Read more
At the April 2021 Web Meeting, the Lisbon-based International Nickel Study Group (INSG) posted their latest results and forecasts for the nickel market between 2019 and 2021. Read more
Turnover of the German chemical industry giant increased +16% yoy in the first quarter. Investments are substantially down compared to Q1/20. Read more
The latest alloy surcharge forecast from ‘LZ Prognose’ is available in the download section of our club website. Now forecasts are shown for May, June and July 2021. Read more
Andritz’ order intake was 7% below the level of Q1/20. Especially, orders in the pulp/paper segment (equipment for pulp/paper production) were down. Read more
Multi metal distributor Kloeckner (incl. stainless) has reported results for the first quarter 2021. Sales rose from EUR 1.4 billion to EUR 1.5 billion, while shipments were by 6% down yoy. Read more
Last week two leading commercial vehicle producer - Daimler Truck AG and Volvo Group – outlined their roadmap for their fuel-cell joint venture 'cellcentric'. Read more
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