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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American Specialty Alloys Inc plans to develop USD 2.4 billion mill and campus in Central Louisiana to provide strong, lightweight metal for the automotive industry and aerospace industry. ASA plans to construct its manufacturing facility at a 1,200 acre mill complex owned and formerly operated by International Paper in Pineville,…

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The Minister of Mines and Steel Development, Mr. Mohammed Sada Tuesday said that the Federal Government through the Assets Management Company of Nigeria, has perfected necessary arrangements to sell the Delta steel company to an automobile firm. Meantime, The Senate Committee on Mines and Power has lamented over the state…

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Pacemaker Steel & Piping will break ground this year on an expansion to their facility in Johnson City The Johnson City Zoning Board of Appeals voted unanimously to approve the construction of a 10,000-square-foot addition along Wells Avenue. The addition will cost $1.1 million and will house Pacemaker's plate-cutting operations…

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AK Steel will create a new 120,000-square-foot, $36 million research and innovation center in Middletown. The West Chester-based steel maker on Monday afternoon announced the project, which will be built on a 15-acre site located along Interstate 75. The new center will replace the company's existing research facility located at…

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Indonesia has joined a growing list of countries that have imposed protectionist measures to safeguard interests of their domestic steel industries. Indian steel companies, too, have sought a duty hike to counter the impact of rising steel imports and are pinning their hopes on getting some relief in the Union…

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Monthly alloy surcharges on austenitic grades of stainless steel flat-rolled products for March in Europe are set to rise modestly, reversing the previous month's decline, first mill announcements indicated Monday. Finland's Outokumpu, the continent's largest producer, set its alloy adjustment factor for type 304 (4301) flat products at Eur1,324/mt ($1,499/mt)…

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Tehran Times reported that Iran plans to boost the worth of its annual non oil exports to USD 48 to USD 50 billion by the end of current Iranian calendar year (March 20, 2015). Mr Valiollah Afkhami Rad director of Trade Promotion Organization of Iran said that the country's value…

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The weaker Australian dollar is starting to drive manufacturers back to Australia in a sign the economy is adjusting to a post-mining boom world, BlueScope Steel boss Paul O'Malley said. Three and a half years ago, BlueScope became a symbol of the decline of Australian manufacturing when Mr O'Malley announced…

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It is one of the neglected metals sectors in India. The metals recycling business suffers from government apathy and to some extent, even a lack of awareness on part of the various participants within the metals ecosystem. How else can one explain that India‚Äôs recycling rate is just about 25%,…

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Notwithstanding raw material crunch, Jindal Steel and Power Limited (JSPL) plans to raise the capacity of its steel plant using gasified coal at Angul in Odisha to 6 MTPA from 2 MTPA by the end of 2016. The Angul steel plant would be expanded from the present capacity of 2…