Germany-based SMS Group has announced that in 2013 its order intake amounted to €3.3 billion, increasing by 16.7 percent compared to the previous year. The results included Paul Wurth for the first time, acquired by SMS Group in 2012. ...
Tags: Metallurgy, Mineral, Energy
Germany-based SMS Group has announced that in 2013 its order intake will be lower than in 2012, adding that it expects its net result to decrease compared to the previous year. SMS Group stated that low capacity utilization and high raw ...
Tags: manufacturing, material, price
It is learned that German steelmaker SMSDEMAG is ready to invest in Iran. The president of the company met with Iranian vice minister of Industry, Mines and Commerce, Mr. Mehdi Karbasian, and announced this news. The president of the ...
Tags: Steel, Construction
On June 27, Baosteel Zhanjiang iron and steel 2250 Hot rolling main line equipment contract signing ceremony was held in Baoshan Hotel, which marks Baosteel Zhanjiang iron and steel project construction has stepped out an important pace. ...
PT Gunung (Gunung Steel Group), Indonesia, has awarded an order to SMS Siemag, Germany, for the planning and supply of a gas cleaning system for an ARCCESS ® electric arc furnace and has thus decided in favor of a tailor-made ...
Tags: SMS Siemag, X-Pact electrical and automation package, dust-laden gases
TATA Steel Speciality Steels, UK, has chosen SMS Mevac, Germany, to design a VIM X-eed® vacuum induction melting furnace for its Stocksbridge site. The facility will produce high purity steels and specialist alloys for the aerospace ...
Tags: TATA Steel, Steel, high purity steels, aerospace industry
The SMS group finalized its takeover of the majority share in Paul Wurth on December 17, 2012 Earlier, on July 25, 2012, SMS Holding GmbH had announced its purchase of 59.1 percent of the shares in Paul Wurth SA of Luxembourg. Previously, ...
Tags: SMS group, Acquisition, machinery construction, steel, nonferrous metals
Shandong Nanshan Aluminium Company Limited has awarded SMS Siemag, Germany, a contract for the supply of a 1+5 hot rolling mill for aluminum alloys. Shandong Nanshan Aluminium is part of the Nanshan Group located in Longkou, China. The hot ...
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction