German stockholders’ business improves in first half
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German stockholders’ business improves in first half

Published: 03 Sep 2018

Despite the background of international political interference, Germany’s stockholders saw good business for most the first half of 2018, with most customer groups reporting high levels of activity, according to distributors’ federation BDS. In the first five months of the year, sales of rolled products totalled 4.8 million tonnes, and were 1.5% higher than in

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Stockholder Kicherer nears new high-bay warehouse completion

Published: 03 Sep 2018

German steel distributor Kicherer is nearing completion of a new building at its site in Ellwangen, southwestern Germany, which will be equipped with special high-bay racking. Completion of all work, which began one year ago, and the start of operations is expected for October, managing director Eberhard Frick tells Kallanish. The new high-bay racking will

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Northern EU steel service centers in margin squeeze

Published: 31 Aug 2018

Northern European steel service centers are finding themselves in a “sandwich position,” faced with higher coil prices from mills but with limited scope to pass these on to end-customers, sources said Wednesday. Service center sources said competition is fierce with some offers below current replacement costs, making it difficult to lift prices in discussions with

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German stockholder Eisen-Fendt invests in new workspace

Published: 31 Aug 2018

Southern German steel stockholder Eisen-Fendt is reportedly expanding its facilities at its headquarters in Marktoberdorf. The company is expanding storage space by 7,300 square metres, and is investing €10.8 million ($12.5m) to that end,Kallanish learns. A new workshop for steel products storage will be equipped with a high-bay warehouse on space of 930m², and with a

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Klöckner adds new warehouse in Landsberg

Published: 31 Aug 2018

After approximately one year of construction, Klöckner & Co has opened a new warehouse at its location in Landsberg in eastern Germany, Kallanish learns. The distribution company spent €4.5 million ($5.1m) on a new workspace of 4,500 square metres in area plus an external storage facility of 3,000m², along with machinery and cranes. The expansion makes Landsberg

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