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Sharing and thinking in a global perspective; make system, to respond to challenges coming from other continents; working together, because what keeps us together is stronger than what divides us; the message coming from Made in Steel, aimed at the steel world but also valid for all industrial and machine tools sectors, is strong and clear.Addressing reality means opening up to the challenges of the global market and not closing in your own niche, thinking that everything will remain as it has always been, that the market will always be what it was twenty or even just ten or even five years ago. In Milan, the first ever of Made in Steel in the Rho fairground, for those who did not clearly see the message, visible from every corner of the two pavilions stands the “ArcelorMittal”, as saying “just look up to see the Effects of the global market“.To have a counter-test, just take a look at CECIMO's data: if in 2001 around 50% of machine tools produced in the world came from Europe, today,...


Imports into China fell far more than expected in August, adding to concerns over the effect of the slowdown in the world's second largest economy.Imports fell by 13.8 percent compared...




Fading French figures have dragged down Eurozone private sector business growth according to a Markit survey.April has seen new orders in the region slow despite a big fall in the euro...




Russia's economy has contracted by around two percent in the first quarter but Prime Minister Dmitry Medvedev says the economic situation is stabilising.The Kremlin has blamed the...




Britain's jobless total is at its lowest level for nearly seven years.The number of people in work is up 248,000 to 31.049 million – the biggest jump in three months in almost a year....




OPEC says its expect demand for its oil to be higher than expected as its policy of letting prices fall to hurt other producers begins to bite. The Organisation of Petroleum Exporting...




China has posted its slowest growth in six years. The figures confirm perceptions that the world's second largest economy is showing weakness in key sectors. Monthly retail sales,...




Global goods trade will grow over the next two years, but not as much as previously expected, according to the WTO. The World Trade Organisation predicts a 3.3 percent rise this year...




Quaker Chemical gains efficiencies on tooling costs and solves coating incompatibilities with QUAKERCOOL® 750 TPFor many pipe manufacturers, annual threading tool costs can be ten...


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