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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,...


The eurozone's downturn has eased slightly, but businesses continue to suffer from a chronic lack of new orders, which should inhibit any meaningful near-term recovery. As a result the...




For the 10th month running Hungary's central bank has reduced its main interest rate by 0.25 percent. It is now at 4.5 percent, down from seven percent, with further cuts expected. The...




With their latest legal challenge dismissed, the unions for workers at PSA Peugeot Citroen's Aulnay plant near Paris have accepted its closure and the loss of up to 8,000 jobs. The...




In April, inflation in Germany slowed to its lowest level in two and a half years. The cost of living in Europe's largest economy increased by 1.2 percent from April last year. That...




The inauguration was followed by a debate with the presence of European Commission Vice President and Commissioner for Industry and Entrepreneurship Tajani, where he reaffirmed the...




Volkswagen's main profit driver – Audi – is suffering from stagnant earnings from slumping demand in its core European markets – where it sells half its cars.Audi's operating profit at...




There has been confirmation that Italy's economy contracted by 0.9 percent in the final three months of last year from the previous quarter.That is in line with the preliminary...




The latest economic statistics from China show a solid recovery in domestic and overseas demand. Exports grew 20 percent in January from a year earlier while imports surged 28.8...


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