Revision of EU steel safeguard improves on technical weaknesses but steel market continues to be depressed
The EU has published and implemented its revision of the EU steel safeguard. The new design of the tariff-free quota will better stabilise trade flows by containing import concentration from certain exporting countries….
Sharp decline in machine tool orders – Many sectors reluctant to invest
Orders received by the German machine tool industry in the second quarter of 2019 were 22 per cent down on the same period last year. Orders from Germany fell by 28 per cent….
Bystronic and TTM Laser become one
Bystronic, together with many guests, celebrated the official integration of TTM Laser into the Bystronic Group. The event also opened the new Experience Center and offered a world premiere of the new laser…
European steel industry calls on policymakers to end steel crisis
Against the backdrop of the EU elections the European Steel Association (EUROFER) calls for urgent action by EU policy makers to help the sector as it faces down the flood of steel exports…
OMAX and Hypertherm form leading waterjet offering after a merger agreement
OMAX Corporation, a manufacturer of abrasive waterjet systems, and Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, announced the successful closing of a previously announced agreement to establish OMAX as…
Protection and safety at work are important but time is little
A survey carried out by SPLENDID RESEARCH GMBH and AECOPS on behalf of BOSCH aims at highlighting the application of safety measures adopted in electro-tools. It emerges 60% of professionals dedicate less than…
Order bookings shrink in the German machine tool industry
In the fourth quarter of 2018, order bookings at the German machine tool industry fell by 13 per cent compared to the preceding year’s equivalent period. Domestic orders slumped by 28 per cent….
Schuler focuses on new markets and digital business models
In the 2018 fiscal year, Schuler increased its order intake by ten percent with successful sales in new markets and digitized applications. However, ongoing pressure to make adjustment in Germany, international trade conflicts…
Machine tools should be a major focus of the EU-US trade talks within the possible FTA on industrial goods
CECIMO – the European Association for Machine Tool Industries and related Manufacturing Technologies – welcomes the European Commission’s efforts towards regulatory cooperation and the removal of non-tariff barriers in the planned trade deal…
Final EU steel safeguard measures published – eurofer calls for coherent implementation
The European Commission has published the regulation imposing definitive safeguards on steel imported into the EU. This important measure continues the safeguards provisionally imposed in July 2018 and will come into force as…
Recent Comments