In the suggestive building of the Fonderia Napoleonica Eugenia in Milan (an ancient bronze foundry), this morning, a week before its inauguration, the eighth edition of Made in Steel was presented to the press, along with the objectives of the event and anticipations on the performance of the steel sector.
“Steel is the sustainable material par excellence, recyclable and reusable almost indefinitely. It can be further improved and innovated, and it can lead innovation – says Emanuele Morandi, president and CEO of Made in Steel -. Steel can be one of the tools to combat ecological damage provided that entrepreneurs do not view the market as a battlefield, but work together and share experiences, to develop the steels of the future.”
An invitation to remain human, while experiencing the technological revolution of the world’s steel industry, which zeros in on reducing environmental impact and driving innovation in products, processes and services. This is the main message of the rich conference program: more than 40 national and international speakers will attend the main Made in Steel conferences to be held in the siderweb Conference Room, in the centre of pavilions 22 and 24 at fieramilano Rho.
INNOVATION AND SUSTAINABILITY – According to the latest estimates of the siderweb Research Department, the expenditure for research and development in the steel industry, after income statement costs and not considering capital expenditure, is about 0.7% of turnover. A small share compared to other manufacturing sectors (electronics 8.9%, automotive 3.2%, machinery and mechanical equipment 2.8%).
Therefore, there is room for growth, even considering that 99% of the investments of the steel industry in 2017 were allocated to tangible fixed assets (according to the analysis of a sample of 144 companies, included in the siderweb study “Bilanci d’Acciaio 2018” – Steel Balance Sheets 2018). The delicate relationship between man and machine, machine to machine interactions, and additive manufacturing are also themes that deserve to be explored.
Also moving from these data, Made in Steel once again will be for the operators of the sector a place of meeting and exchange, business and network, but also moment of deepening and reflection on the major issues such as innovation and sustainability, engines of the world steel industry of the future.