Trelleborg Sealing Solutions expands its online store to include Seals-Shop Marine, which makes seals and bearings for the marine industry available to order direct at the click of a mou…
Schaeffler honored the establishment of the plant 60 years ago at the Gunzenhausen site. Also present were (top row, from left to right) Georg F. W. Schaeffler, family partne…
ACE Controls Inc., a leading manufacturer of industrial motion and vibration control technology, has announced its MC75 Family of miniature shock absorbers. Thanks to their small size, t…
Siemens Digital Industries Software recently announced it has signed an agreement with Spain-based SENER, a leading multinational company in engineering and technology, to acquire its FO…
SKF expects demand to continue to grow in the third quarter, the world's biggest maker of industrial bearings said on Tuesday, after reporting earnings slightly above mark…
Auto component major Schaeffler India on Wednesday reported net profit of INR 128.1 crore for the second quarter ended June 30 2021. The company follows the January-December ca…
NORD offers flexible drive solutions for the grain industry, including bucket elevators, screw, drag, and belt conveyors. These solutions are engineered to provide high load capacities w…
Whether digitally or on-site in Aachen, please join the lecture program at the 30th Aachen Machine Tool Colloquium. Plenary speakers include:
Lars Wagner from MT…
The promise of shop-floor connectivity and Industry 4.0 is to drive more informed decisions, gain real-time visibility into production, and optimize processes. As a result, manufact…
India produced 16.391 million tonne (MT) of crude steel in the first two months of the current fiscal, up 4.5 per cent year-on-year.
It had produced 15.683 …
Essar Steel today said it aims to achieve 25 per cent market share in auto-grade steel over the next couple of years through strategic alliances and new product deve…
Aluminium, the best performer of 2017 on a year to date basis; however seems to have run out of luck in June as it is the only base metal on the losing side.
Aluminium prices on…
The CC-Link Partner Association (CLPA) has announced that the Intel Corporation has joined the organization as its latest member. The strategic partnership is well aligned with both part…
The impact of GST, which is due to be implemented with effect from July 1, 2017, is largely expected to be neutral on the steel sector. While pre GST, rates on steel are at 18.…
There’s rarely been a better time to be in the steel business.
Prices have boomed worldwide this year, smashing record after record. Roaring industrial demand is propelling those rallies, with plants straining to boost supply after lying dormant during the pandemic. On top of that, powerhouses China and Russia are tryin…
The London Metal Exchange (LME) launched six new cash-settled futures contracts on Monday, including for battery metal lithium and aluminium scrap. The world's oldest …
Rickard Gustafson, President and CEO:
“The second quarter saw a record in adjusted operating profit of SEK 3,118 million (1,565 million) and an adjusted operating margin of 15.0% (…
