Category: News

Tesla acquires Maxwell Technologies

Electric car maker Tesla has announced the purchase of battery manufacturer Maxwell Technologies Inc. Tesla Inc. expects to deliver 360,000 to 400,000 vehicles in 2019, a growth rate of 45 percent to 65 percent compared with

Steel Expected to Struggle on China Tariffs

Steel is often viewed as a barometer for global growth because … profit margins as prices of iron ore surge in the aftermath of Vale SAs dam collapse in Brazil. ArcelorMittal shares dropped as much

Bystronic Introduces the Next Generation BySmart F...

Built 100% to meet the demands from high-speed Fiber laser cutting, the new BySmart Fiber opens up the full potential of innovative Fiber laser technology to fabricators who want to gain a competitive edge by bridging performance with …

Voestalpine boosts revenue in the 3rd quarter of 2...

The first half of the business year 2018/19 had started on a solid economic footing for the voestalpine Group, but the business years third quarter was already affected by a dampening of economic sentiment overall. For example, by …

Lack of quota clarity not dissuading EU flats impo...

European importers of flat steel products have continued to place orders, even though the European Commission will not allocate any material to its new quotas until February 18, trading sources said. Following the implementation of permanent safeguards on …