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Gränges, a global leader in aluminium engineering, manufacturing and innovation, has reportedly agreed to buy Polish aluminium producer Aluminium Konin for 2.3 billion Swedish crowns ($239 million). The news came after the company announced on Thursday, November 28, while also saying that this deal will help them expand presence in Europe and boost position in growth areas such as materials for electric vehicles.
News ID: 7592    Publish Date : 2019/11/28

Low-sulphur marine fuel sales have now outpaced high-sulphur marine fuel sales in Europe 's main bunkering hub and many other locations globally.
News ID: 7548    Publish Date : 2019/11/25

R&D made in Austria: 700 specialists work in one of the most modern development centers in Europe in Steyr / Upper Austria
News ID: 7518    Publish Date : 2019/11/20

Major coal producers in China have pushed back against buyers' demands for price cuts next year, opting instead to keep prices unchanged in provisional 2020 contracts.
News ID: 7510    Publish Date : 2019/11/22

International steelmaker ArcelorMittal will temporarily shut its blast furnace in Krakow, Poland, on 23 November until steel demand recovers.
News ID: 7378    Publish Date : 2019/11/12

Although Turkish prices for imported scrap witnessed slight uptick, offers South Asian markets increased sharply however trades remained very weak on subdued domestic steel demand. Japan’s Tokyo Steel and China’s Shagang Steel not made price revisions this week.
News ID: 7372    Publish Date : 2019/11/02

Chairman of the Iranian Parliament’s National Security and Foreign Policy Commission Mojtaba Zonnour said the Europe an parties to the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), are doing nothing to save the accord.
News ID: 7332    Publish Date : 2019/11/09

Outokumpu expects stainless steel deliveries to slow in the fourth quarter amid import pressure in Europe and seasonal slowdowns in the US.
News ID: 7228    Publish Date : 2019/11/04

Australian graphite developer Kibaran Resources has confirmed the effectiveness and environmental friendliness of its EcoGraf proprietary purification process through testwork results for the development of a battery anode material manufacturing facility at Kwinana, south of Perth.
News ID: 7227    Publish Date : 2019/11/05

The Europe an head of Novelis has reportedly pointed out that moves to reduce plastic packaging as a measure to protect the environment have started increasing the demand for aluminium packaging. Also, the trend towards electric cars is bolstering the demand for aluminium, according to world’s largest rolled aluminium producer’s senior vice president and Europe president Emilio Braghi.
News ID: 7074    Publish Date : 2019/11/02

Turkish automaker Oyak Renault will manufacture aluminium engine blocks at its plant, for the first time in Turkey, making it the only hybrid engine production facility in Europe . This was announced by the country's industry and technology minister Mustafa Varank on Oct. 23 at the factory's test production site in Bursa. The minister, in his speech said that the engines will be exported to China, Spain, and the U.K.
News ID: 6965    Publish Date : 2019/10/24

A Brexit-fuelled appreciation of sterling filtered into lower UK hot-rolled coil (HRC) prices this week.
News ID: 6955    Publish Date : 2019/10/24

Dow cracked no naphtha during the third quarter, relying instead on LPG feedstock in Europe , the company said on today's earnings call.
News ID: 6951    Publish Date : 2019/10/24

Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices, outweighing bullish signals from Europe , where fears of an economically damaging no-deal Brexit have eased.
News ID: 6838    Publish Date : 2019/10/21

Low global demand for tungsten is likely to persist, with consumption falling by 19-20pc on the year as a result of consumer destocking, a global economic slowdown and geopolitical turmoil.
News ID: 6725    Publish Date : 2019/10/18

Private-sector Tata Steel Europe is closing its Degels service centre in Neuss, Germany.
News ID: 6720    Publish Date : 2019/10/18

The preparations for EUROGUSS 2020, which takes place at Exhibition Centre Nuremberg from 14 to 16 January 2020, are in full swing. We spoke to Christopher Boss, Director and International Product Manager of EUROGUSS, about the current status of planning, the highlights and evolution of the fair.
News ID: 6693    Publish Date : 2019/10/16

The first round of CO2 targets for light vehicles in the EU established fleet average limits of 130g CO2/km in 2015, and 95g CO2/km in 2021.
News ID: 6686    Publish Date : 2019/10/17

Tata Steel managing director TV Narendran believes the company's UK operations can be cash positive this year, despite the challenging market conditions facing the industry.
News ID: 6667    Publish Date : 2019/10/16

Global ferrous scrap market again witnessed a downward trend in all markets. Turkey observed a couple of deep-sea cargo bookings which pulled down the prices further. South Asian markets witnessed slight fall in offers amid slow trades. Japan's Tokyo Steel, as well as China's Shagang Steel, lowered their domestic scrap purchase price this week while Hyundai Steel also cut its bids for procurement of Japanese imported scrap.
News ID: 6477    Publish Date : 2019/09/21

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