NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Bhushan Steel Ltd has entered into sale & lease back arrangements of its oxygen plants situated at its steel division, at Meramandali in Odisha. In a notice to the BSE on Friday, the company said it had entered into the arrangement "in order to ease out constantly facing stress in…

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Rourkela Steel Plant (RSP), a unit of the state-run Steel Authority of India Limited (SAIL), Thursday said it has received international approval for producing ship building grades of steel. The American Bureau of Shipping (ABS) and Det Norske Veritas-Germanischer Lloyd (DNV-GL) - ship building classification societies for certification of materials…

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OJSC Magnitogorsk Iron and Steel Works supplied 78 ths tonnes of metal products to shipbuilders in 2014, which represents a 37.2% growth y-o-y. MMK has a successful and long-standing track record with the shipbuilding industry. The Company supplies up to half of all metal products sold to the Russian shipbuilding…

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ArcelorMittal has completed a draft feasibility report for the proposed steel plant in Karnataka.The company in its annual report for 2014, filed with the US Securities and Exchange Commission, said after the completion of the draft feasibility report, hydrological and environmental impact assessment studies have been initiated. So far, the…

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Argus reported that Turkish steelmaker Icdas is looking for offers from Chinese construction companies to build a 2,800 cubic meter blast furnace in Cannakale, Turkey. The plant would have a nameplate capacity of 2 million tonne per year of hot metal. Icdas is still seeking a construction firm for the…

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Steel Strips Wheels Ltd (SSWL) has bagged an export order worth euro 5.8 million (Rs 40.9 crore) from Renault Brazil. “The order value is worth euro 5.8 million for a total supply of 7,60,000 wheels,” SSWL said in a filing to the BSE. The order will cater to both the…

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United States throws 14.8 million tons of scrap metal into landfills every year. One of the main reasons is the difficulty of large scale separation of non ferrous metals. Scientists at the University of Utah now say they have solved that problem, as per Environmental Protection Agency. Recycling metals is…

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Last week, KVV Liepajas metalurgs began testing the machines and equipment in one of the facilities of the company, the rolling mill. Taking into consideration that the plant has been idle for a comparatively long time, initially the rolling mill operated in test mode. In the early stages of operation,…

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SPF America, a high-tech Fort Smith metal fabrication facility, is moving forward on a plan to add 15,000-square-feet of warehouse space. The company began in 2012 as a merger between Mid-West Enamelers and CooperFab and creates custom metal pieces for the manufacturing, telecommunications, electric power industries and the U.S. Department…

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Amwalalghad reported that Abu Dhabi's Emirates Steel is targeting sales worth USD 60 million from the Egyptian market within 2015. Mr Juma Nasser Al Mansouri VP for sales of Emirates Steel said that Emirates Steel achieved sales worth USD 35 million in 2014. Emirates Steel will have remarkable participation in…