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  • HeidelbergCement with significant margin increases in all regions in the fi… 2021-05-08

    May 5, 2021 - “HeidelbergCement has made an excellent start to 2021,” said Dr. Dominik von Achten, Chairman of the Managing Board. “In all Group areas, we have once again been able to significantly increase our results and margins compared with an already strong first quarter in the previous year. This is a seamless continuation of our very good development in recent quarters”. Posi…

  • Orient Refractories planning to enter steel foundry business 2021-05-06

    May 6, 2021 - India’s Orient refractories Limited (ORL), the market leader in suppliers of special refractories to local steel blast furnaces, is drawing up plans to enter the steel foundry segment, company sources said on April 27.   The sources said that, while details of the project and the location are still being assessed, the management has approved entry to the segment for s…

  • RHI Magnesita inaugurates new tunnel kiln of the "Digital Flagship Plant Ra… 2021-05-06

    The completion of the new tunnel kiln in the Radenthein plant is another stage in the process of establishing the most modern production facility in the refractory industry. With an operating temperature of 1800 degrees Celsius and an uninterrupted service life of several decades, the tunnel kiln represents the heart of refractory production. RHI Magnesita is also investing 4.5 million euros i…

  • RHI Magnesita: Q1 2021 trading update, disposal of interest in Magnifin and… 2021-05-06

    May 5, 2021 - RHI Magnesita, the leading global supplier of refractory products, systems and solutions, today provides an update on trading for the three months to 31 March 2021 (‘Q1’) and progress of its strategic cost reduction and sales initiatives. 1. Full year guidance unchanged as recovery trends in end markets continue, with solid order book momentum 2. Strategic inv…

  • SAIL RSP registers highest torpedo ladle life 2021-04-30

    Apr. 30, 2021 - It is reported that Steel Authority of India Limited’s Rourkela Steel Plant has registered a new national record in Torpedo ladle life. The plant scripted this record by clocking Life of 2552 heats in Torpedo ladle 2 in a single campaign surpassing the earlier best Life of 2407 heats achieved in November 2020. The Torpedo ladle2 started its campaign on 13th June 2018 and after…

  • Allied Refractory Products India celebrates 10th Anniversary 2021-04-30

    Apr. 26, 2021 - Allied Refractory Products India celebrates its 10th Anniversary this month. The facility in Sanand, Ahmedabad district manufactures high-quality refractory products to the same standards used at its headquarters in Columbus, Ohio, USA. Since establishing itself in India in 2011, Allied has seen significant growth in the refractory industry practices. D…

  • Possehl Erzkontor opens European Headquarters in Düsseldorf 2021-04-30

    Apr. 30, 2021 - Possehl Erzkontor continues to move ahead with the implementation of its Strategy Road#2024PLUS. Ellen Steger, Head of Region Europe, and her team are now guiding the European activities of this raw materials specialist from Düsseldorf on the Rhine. In addition to trading per se, these also include the growing market for processing and recycling raw materials. This move gives …

  • Fiven ASA annual report 2020 published 2021-04-29

    Apr. 1, 2021 - Fiven ASA annual report 2020 is published with highlights as below. Financial highlights 1. Fiven total consolidated revenues and other income for the 12-month period reached 99.7 MEUR 2. Adjusted EBITDA was 16.7 MEUR with a corresponding margin of 16.8 per cent. The results include 0.5 MEUR of costs from restructuring actions executed in 2020. 3. The Opera…

  • RHI Magnesita starts partnership with Microsoft 2021-04-28

    Apr. 28, 2021 - As Program Beyond, RHI Magnesita has been working with Microsoft on digital transformation for several months now. Today, RHI Magnesita took the opportunity to make this partnership public. The goal is to significantly enhance business model and increase competitiveness. This will enable RHI Magnesita to respond more effectively and faster to customer requests as…

  • Elkem: Delivering on growth and profitability – strategic expansion in Chin… 2021-04-27

    Apr. 26, 2021 - In the first quarter of 2021, Elkem delivered all-time high operating income and the best quarterly result since the third quarter 2018. The strong results reflected Elkem’s growth and specialisation strategy in a market with attractive fundamentals and its strong culture for operational excellence. On 26 April, Elkem approved a strategic expansion in China, the world’s faste…

  • Seven Refractories introduces new technologies in Ukraine 2021-04-25

    Apr. 22, 2021 - Despite the effects of the pandemic and the subsequent restrictions, 2020 has turned out to be the most successful year of Seven Refractories Ukraine so far, with sizeable projects completed for Ilyich Iron and Steel Works of Mariupol (MMKI), Dnjepr Metallurgical Plant (DMK) und Azovstal Iron and Steel Works. Thanks to the use of innovative repair technologies a…

  • Gerdau resuming Araucaria mill by H2 this year 2021-04-23

    Apr. 22, 2021 - Brazilian integrated steelmaker Gerdau said on Thursday it will resume steel output at its Araucaria mill, located in the state of Parana, by H2 this year. Gerdau said the restart is due to the positive outlook for domestic demand for steel in Brazil.   Gerdau will spend RBL 55 million ($10 million) to restart operations at the mill, which has the capacity to produce…

  • Liberty Galati reaffirms investment plans in Romania 2021-04-23

    Apr. 23, 2021 - Romanian Ziarul Financiar reported that GFG’s Executive Director & Liberty Galati board member Mr Ajay Aggarwal said that all investment plans at the Galati plant remain standing and that the group's current situation is now under financial pressure, it will not affect the activity at Liberty Galati. He old ZF "Our blast furnace and steel production has reached r…

  • Hydro signs MoU for possible use of natural gas at Alunorte refinery 2021-04-23

    Apr. 15, 2021 - Hydro has signed a Memorandum of Understanding (MoU) with New Fortress Energy (NFE) with the aim to replace a major part of its current fuel oil consumption at the Hydro Alunorte alumina refinery in Brazil with more environmentally friendly natural gas. The supply of liquefied natural gas (LNG) to Barcarena by New Fortress Energy (NFE) is expected to start in 2022. …

  • Elkem defines sustainability work as continuous efforts to maximise positiv… 2021-04-23

    Apr. 23, 2021 - For Elkem, sustainability is central to our business strategy. Our mission is to provide advanced material solutions shaping a better and more sustainable future, adding value to our stakeholders globally. Elkem defines sustainability work as continuous efforts to maximise our positive impact on the environment and societies around us, as well as to minimise …

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