SCHMOLZ + BICKENBACH, a global leader in special long steel, and TSINGSHAN GROUP ("TSINGSHAN"), a world leader in stainless steel, today announced the formation of a Joint Venture ("JV") in China. The JV company is 60 percent owned by SCHMOLZ + BICKENBACH and 40 percent by TSINGSHAN and will operate under the name Shanghai Xinzhen Precision Bar Co. Ltd. out of Shanghai (China).
SSAB in Oxelösund, TFK Transport Research Institute and Kalmar, a part of Cargotec, are to initiate a unique multimillion-SEK project to develop and test carbon-dioxide-free internal transport powered by hydrogen and fuel cells.
Even though the processing of aluminium is very different from other metals and, for example, the correct welding temperature has to be maintained with especially high precision, there has not been an electrode to date designed especially for this field of application.
A global sustainability initiative from SSAB is helping customers reap the environmental rewards of using high-strength steel. SSAB EcoUpgraded is highlighting the benefits of upgrading to high-strength steel, which include reduced weight, improved fuel economy and extended product lifetime.