Tag: Metal and steel industry
Bernhard Osburg becomes President of the Steel Industry Association
Bernhard Osburg The head of Thyssen-Krupp Steel Europe said: “2023 must be the year of implementation.” (Photo: IMAGO/Rupert Oberhäuser) Berlin Bernhard Osburg, CEO of Thyssen-Krupp Steel Europe AG, will take…
Shortage of skilled workers almost back to pre-crisis level
Berlin The metal and electrical industry produces more than half of the exports, so it is central to Germany’s international competitiveness. Its around four million employees make a significant contribution…
Corona effect increases productivity by ten percent
Würth The screw manufacturer has recently won numerous new customers. (Photo: dapd) Stuttgart The world’s largest fastening and assembly specialist, Würth, increased its sales by almost three billion euros to…
2023 will be a challenge for the steel industry
Dusseldorf The majority of European steel manufacturers want to start building new plants for climate-neutral production in 2023. First and foremost: the industry giants Thyssen-Krupp, Salzgitter, Arcelor-Mittal. The planned projects…
Steel trader Klöckner expands business in North America with acquisition
Kloeckner & Co. The steel trader expands with an acquisition in North America. (Photo: dpa) Dusseldorf In view of extensive subsidy programs in the USA, the Duisburg-based steel trader Klöckner…
Steel trader Klöckner expands business in North America with acquisition
Kloeckner & Co The steel trader expands with an acquisition in North America. (Photo: dpa) Dusseldorf In view of extensive subsidy programs in the USA, the Duisburg-based steel trader Klöckner…
Thyssen-Krupp: Hacker attack on materials division
Thyssen Krupp headquarters in Essen Criminals are said to have attempted a cyber attack on the data of the industrial group. (Photo: Reuters) Eat According to its own statements, the…
TKMS talks to financial investors about participation
Submarine christening with Olaf Scholz The manufacture of submarines is a key technology for the federal government. (Photo: dpa) Frankfurt, Berlin Thyssen-Krupp’s shipyard division has spoken to a number of…
TKMS talks to financial investors about participation
TKMS shipyard in Kiel Thyssen-Krupp’s shipbuilding division is to become more independent. (Photo: IMAGO/penofoto) Frankfurt, Berlin Thyssen-Krupp’s shipyard division has spoken to a number of financial investors about getting involved.…
World Trade Organization declares US tariffs on steel imports unjust
World Trade Organization logo The WTO has ruled out US tariffs on steel and aluminum imports. (Photo: imago images/Andreas Haas) Geneva The World Trade Organization (WTO) has scrapped US tariffs…
World Trade Organization scraps US tariffs on steel imports
World Trade Organization logo The WTO has ruled out US tariffs on steel and aluminum imports. (Photo: imago images/Andreas Haas) Geneva The World Trade Organization (WTO) has declared US tariffs…
Habeck is helping the industry with billions in the transformation
Tapping at a blast furnace in Duisburg The classic blast furnace route for steel production must be replaced by new processes. (Photo: Marc-Steffen Unger) Berlin Federal Minister of Economics Robert…
Habeck initiates climate protection contracts with industry
Robert Habeck The contracts should be the core of the industrial transformation and the ramp-up of hydrogen production. (Photo: IMAGO/Political Moments) Berlin Federal Minister of Economics Robert Habeck (Greens) wants…
Recession could delay decarbonization of steel industry
Dusseldorf For many years, the steel industry was considered the problem child of German industry. But in 2022, German steel manufacturers can unexpectedly look back on an extremely profitable year.…
Würth advances into new business areas
Employees in the Würth Elektronik laboratory The electronics group now generates more than 4.5 billion euros a year – a quarter of the group’s sales. (Photo: Würth Elektronik eiSos GmbH…
VW employees in western Germany receive 8.5 percent more wages
VW logo The carmaker and IG Metall reached an agreement early on Wednesday morning. (Photo: Reuters) According to an insider, the 125,000 VW employees in western Germany receive significantly higher…
Financial investor Cevian sells most of its Thyssenkrupp package
Thyssen Krupp According to the Bloomberg news agency, the Swedish company Cevian is offering around 23.4 million shares at a price of EUR 5.15 per note. (Photo: dpa) Dusseldorf After…
IG Metall collective bargaining agreement: one-off payments and wage increases
Berlin An agreement has been reached in the collective bargaining dispute for the 3.9 million employees in the metal and electrical industry. Wage increases of 5.2 percent by June 2023…
Collective bargaining agreement in the metal and electrical industry
Berlin An agreement has been reached in the collective bargaining dispute for the 3.9 million employees in the metal and electrical industry. Wage increases of 5.2 percent by June 2023…
Collective bargaining agreement in the metal and electrical industry
Berlin An agreement has been reached in the collective bargaining dispute for the 3.9 million employees in the metal and electrical industry. Wage increases of 5.2 percent by June 2023…