News&Briefs

CECIMO elects Hans-Martin Schneeberger as the new President

During its meeting held on 5 December 2019 in Brussels, the CECIMO General Assembly elected Dr Hans-Martin Schneeberger as President of CECIMO for a period of two years. His term will focus on…

Green Deal an important opportunity to seize European climate leadership

The European Commission has formally announced its European Green Deal for the European Union. The European Steel Association (EUROFER) welcomes ambition behind the package and notes the inclusion of sections on supporting zero-carbon…

Global metals & mining industry Q3 results

Total metals & mining industry M&A deals in Q3 2019 worth $6.98bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 48.2% over the previous quarter and a…

Sandvik and Renishaw collaborate to qualify new materials for Additive Manufacturing

Global engineering company Renishaw is collaborating with Sandvik Additive Manufacturing to qualify new additive manufacturing (AM) materials for production applications. This encompasses a broad range of metal powders, including new alloy compositions that…

Orders for the German machine tool industry have recovered slightly recently

Orders received by the German machine tool industry in the third quarter of 2019 were 25 per cent down on the same period last year. Orders from Germany fell by 29 per cent….

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…

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