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    One of SSAB’s blast furnaces in Raahe, Finland has been affected by an unplanned outage. Repair work is expected to last throughout February and SSAB Europe’s first quarter 2022 earnings are expected to take a SEK 600 million hit. One of...
    Avant discontinues the R series production from 1.1.2022. This decision has been influenced by the need of the production to concentrate the resources on the main model series of Avant. The technical support and the spare part availability of the...
    Genie announces the production of the Genie GS-2669 RT, GS-3369 RT and GS-4069 RT rough terrain scissor lifts, and the GS-2669 DC, GS-3369 DC and GS-4069 DC all-electric scissor lifts, in Umbertide, Italy. Because these models are now being...
    The tax-based research promotion scheme is proving to be an ideal instrument for medium-sized industry. Most applications and approvals are for mechanical and plant engineering. Criticism of the alleged lack of demand is therefore misguided and premature.   Innovations must be...
    Delivering the power and reliability required for the most demanding material handling applications in scrap, waste, and mill yard operations, the new Cat MH3040 builds on the successful legacy of the M325D L MH model. The boom, sticks, and...
    Terex Materials Processing announces the purchase of a new facility located in Jiading District, Shanghai, China to manufacture Powerscreen equipment for the domestic China market. Powerscreen is the world’s leading provider of mobile crushing and screening equipment for quarrying,...
    Pezzolato introduced a new special firewood production equipment for large scale distribution to resellers. The plant was designed with the aim of producing large quantities of firewood, processing logs with variable lengths (up to a maximum of six meters) and...
    Hİdromek’s new wheel loader HMK 635 WL shortens the cycle time and increases productivity. Heavy-duty type loader HMK 635 WL meets the expectations of its users such as performance, durability, low fuel consumption, versatility, operator comfort, and safety. HMK 635...
    Despite all the recent advances made in vehicle technology and safety, the issue of wheel detachments is still contemporary. With the wide range of products available on the market, this issue can be tackled, ensuring they are used effectively...
    Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production, and commercialization of the world’s first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles...