Kerdemir to commission railway wheels facility
Thursday, 04 April 2019
by Commodity Inside
3 April 2019 Kerdemir to commission 200k railway wheels capacity in H2 2019 (Europe): Kerdemir $124 million railway wheel facility is under testing phase. The plant is expected to start mass production in the second half of 2019 with an annual capacity of 200,000 wheels. Tata Steel restarts refurbished blast furnace in the UK
Hybrit: Vattenfall, SSAB and LKAB sustainable steel production
Tuesday, 02 April 2019
by Commodity Inside
2 April 2019 Vattenfall, SSAB and LKAB to develop a pilot plant for sustainable steel production (Europe): The three Swedish giants are working on the project Hybrit since 2016 to develop fossil free steel production method by 2035. The joint venture will soon start construction works on the experimental plant for Hybrit in Sweden.
Volkswagen and AWS partners for industrial clouds
Tuesday, 02 April 2019
by Commodity Inside
29 March 2019 Volkswagen and AWS partners for industrial clouds (Europe): Volkswagen and AWS (Amazon Web Service) have signed a multi-year partnership for the development of VW Industrial Cloud. The cloud is considered to be a digital production platform for industries and will be used to manage and unite automaker’s supply chain and manufacturing plants.
ThyssenKrupp seeks an extension from EC on Tata Steel merger dialogues
Thursday, 21 March 2019
by Commodity Inside
21 March 2019 ThyssenKrupp seeks an extension from EC on Tata Steel merger dialogues (Europe): ThyssenKrupp applied for an extension of eight working days to finalise the ongoing negotiations with European Commission regarding planned merger with Tata Steel. The merger plan is under EC investigation since October 2018. CMI will supply an annealing plant to
ArcelorMittal Temirtau to raise production in 2019
Tuesday, 19 March 2019
by Commodity Inside
18 March 2019 ArcelorMittal Temirtau to ramp up steel production in 2019 (Asia Pacific): ArcelorMittal Temirtau, the largest steel company in Kazakhstan, will increase its annual production by 18.4% from 3.8 million tonnes to 4.5 million tonnes in 2019. It was announced by the Minister of Industry and Infrastructure Development of Kazakhstan after visiting the