However, the high cost of acquiring metal cutting tools, as well as the high operating and maintenance costs are key restraints having a negative impact on the market during the forecast period. Along ...
Italian shipbuilding group Fincantieri held a steel cutting ceremony to mark the start of construction on a new Hydro-Oceanographic Ship (N.I.O.M.) for the Italian Navy.Scheduled for delivery from the ...
Thyssenkrupp Steel plans to shrink its workforce by around 40%, reducing 11,000 positions as it braces for a more challenging market. The steel business of the German industrial group on Monday ...
CompoTech PLUS (Sušice, Czech Republic) uses its proprietary advanced fiber laying (AFL) and winding technologies to replace steel and aluminum with lightweight ... design that now provides a new ...
Thyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian competitors and high energy prices. The union plans to fight ...