thyssenkrupp Steel appoints new ceo
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thyssenkrupp Steel appoints new ceo

Published: 17 Jun 2019

thyssenkrupp Steel Europe AG has a new chairman of its executive board of, the steelmaker’s parent company thyssenkrupp AG announced late on Friday. The new incumbent is Premal Desai who takes up the position as from 16 June. Desai has been chief financial officer of tk Steel since 2015 and was previously head of strategy

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Construction, renewables bolster muted EU market: mills

Published: 14 Jun 2019

The European steel market can expect negative-to-muted growth for this and coming years with some brighter spots in demand from the construction, renewable energy and agricultural sectors, according to steelmakers speaking at this week’s S&P Global Platts’ Steel Markets Europe conference in Barcelona. Construction is today the market’s stronghold, with growth of 2.2% foreseen in

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Klöckner’s Swiss unit adds high-bay warehouse

Published: 14 Jun 2019

Debrunner-Acifer, the Swiss distribution group owned by Klöckner & Co, has finished the construction of a new high-bay warehouse at its site in Birsfelden. The warehouse with a length of 40 metres, a height of 21m and a width of 20m consists of 3,000 cassettes for products of up to a length of 6.5m, Kallanish learns from

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Insight: EU import safeguards disrupting supply, traders say

Published: 13 Jun 2019

The EU steel imports safeguard system currently under review is disrupting the sector as it undermines supply continuity, according to speakers and delegates at S&P Global Platts’ Steel Markets Europe conference in Barcelona. Supply continuity is more important to most consumers than price considerations, they said Wednesday. Steel supplies in some product categories subject to

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Arvedi is urging the EU to perform a safeguard quota review

Published: 13 Jun 2019

Arvedi, the second largest Italian flats producer, has forecast a challenging 2019 on higher energy costs and imports, according to President Giovanni Arvedi. He stressed that the EU safeguards must be reviewed. “The large number of imports are weighing on the coils sector. Despite the safeguard measures imports increased in Italy by 54% in the first

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