According to Euroconstruct civil engineering is at least affected by COVID-19 in Europe, while the non-residential building sector will fall by over 9% this year. Read more
White Goods producer Arçelik from Turkey reported year on year revenue growth in the third Quarter 2020. In Euro terms, sales grew by 5% yoy. Read more
The craft beer boom especially in the United States provides equipment supply options for beverage equipment supplier such as the German Krones. Read more
German Passenger car production and new registrations again down year on year. For the entire year, a production minus of over 20% has to be expected. Read more
Jiangsu Yongjin decided in November 2020 to invest in a 95,000 tpy high performance STS flat product technology project in the existing factory. Read more
The 2nd COVID-19 wave will have an effect on the global stainless steel market in 2021 – but COVID will be less damaging than in the first wave. Read more
SMR has researched the effect of COVID-19 on different stainless steel end use segments and regions. Europe was hit hard but not as strong as expected earlier this year. Read more
German company ThyssenKrupp AG - owner of stainless steel producer AST / Italy and distributor ThyssenKrupp Materials - has announced to additionally cut 5,000 jobs. Read more
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