Antonio Marcegaglia, the chief executive of Italian Marcegaglia predicted that hot rolled coil (HRC) price should climb up by €20-€30/ton. He analyzed that this was mainly because Japan has been recovering from the disaster and China has been developing its housing plan. Also, the prices of tubes and other final steel products would hopefully outpace an expected increase in raw material prices,…

13 well known woodworking and furniture supplier magazines who met in Istanbul by the sponsorship of Intermob 2010 trade fair, founded an organization called FSM (for International Woodworking & Furniture Supplying Magazines) on 17th October 2010. The board consists in five members: Zeki Yücel, Mobilya (Turkey); Luca Rossetti, Xylon (Italy); Richard Barth, Material Technick Mebel (Germany);…

Italy produces approximately 50% of the machinery used to produce footwear and leather goods around the world and 80% of tanning machinery globally, according to Assomac, an association that represents Italian manufacturers of machines for footwear, leather and tannery industries. Many of the manufacturers are small, with the entire industry employing approximately 6,200 people in Italy. There…

It might not be the first place you think of when it comes to high-tech machine tools, but Italy has a long history of producing equipment that helps manufacturing plants operate efficiently. For instance, The Sacmi Group has been doing it since 1919. The US$1.7 billion company provides machinery for the packaging, beverage, ceramics, food processing and plastics industries. The company has come…

Bologna might be best known abroad for its meat sauce and for being home to the oldest university in the western world, the University of Bologna. But this city, situated between Italy's Po River and the Apennine Mountains, has earned the nickname the "Packaging Valley." Packaging machinery has become one of the dominant industries throughout Italy. Though the United States, China and Japan all…