Press releases

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New focus for lightweight applications with steel

The focus of the automotive industry for lightweight applications with steel is shifting. Where previously the emphasis was on vehicle bodies and sheet metal forming, drive train and chassis are now at the centre of this application. These components account for about 41 % of the vehicle weight. The Research Network for Lighweight Forging (“Massiver Leichtbau”) coordinated by the Research Association for Steel Applications (FOSTA) bundles the competences of the entire manufacturing chain. (vdi-Nachrichten 28 August 2015)


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Raw steel production in August 2015

Raw steel production in Germany increased by 11 % in August 2015 year on year, for the third time running. This high increase is due to a base effect from August 2014. The latest production figures indicate a further basic moderate upward tendency. Over the entire year, raw steel production exceeds the year on year figure by 0.5 %. The increase in the production of hot-rolled steel products continues to be clearly above this.


German mechanical engineering and plant engineering companies had an energetic start into the second half of the year

In July the companies had an increase in order intake of 18 per cent year on year. National sales increased by 43 per cent while international sales were 5 per cent above the previous year's level, as indicated by data from the German Engineering Association VDMA. In the more sound three-month comparison, the mechanical engineering companies saw an increase of four per cent between May and July. A plus of 16 per cent nationally was offset by a minus of two per cent internationally. “We had unusually high-volume orders nationally and in Europe (plus 51 per cent). Taking these out of the equation, there could have been at most a single figure increase in the two sales regions which helped to compensate for the order decline in the non-Euro region (minus nine per cent). All in all, there is only a small order plus of two per cent for the first seven months of the year,” Dr Ralph Wiechers, VDMA Chief Economist, comments on the July results.