Press Releases

Conventional miter saws are used to create precise angle cuts. However, the existing miter saws in the marketplace are predominantly designed to cut wood. Evolution Power Tools (https://store.evolutionpowertools.com) wanted to create a versatile 14" mitering saw that is optimized to cut heavy duty metals, specifically steel. The result: The industry's first 14" Mitering Chop Saw (S355MCS). Designed to tackle heavy cuts into oversized metal pieces, the S355MCS features a precisio

Read more...

Eagle Crusher Co., a leading manufacturer in the crushing and screening industry, continues its rich tradition of new product innovation leading into the 2023 year. The company will introduce two new plants on display in the Eagle Crusher booth (C30949) at CONEXPO-CON/AGG, March 14-18, 2023 in Las Vegas. Also on the show floor will be a proven product favorite. Discover the new UltraMax® 1600X-OC Portable Impactor Plant on the show floor. A mammoth in the industry, the 1600X-OC

Read more...

CRW Consulting & Distribution, LLC, announced the acquisition of CCI Inspection Services, Inc. today.CCI is based in Conroe, Texas, and was founded by AMPP CIP Level III Certified inspector #113, Jonell Nixon in 1986. The company serves the comprehensive inspection needs of major energy companies throughout the world including but not limited to Kinder Morgan, Shell Pipeline Company, LLC, Magellan Midstream, Enbridge, Explorer Pipeline, Williams Pipeline & Midstream, Baker Hughes, TxD

Read more...

Strategic Resources Inc.  is pleased to announce it has entered into an arm's length share exchange agreement with BlackRock Metals Inc.dated December 13, 2022  pursuant to which Strategic will acquire all of the outstanding shares in BlackRock for shares of Strategic . The Transaction will constitute a reverse takeover of Strategic. Upon completion of the Transaction, BlackRock will become a wholly-owned subsidiary of Strategic. Strategic will continue to trade

Read more...

Cleveland-Cliffs Inc. today announced that it is introducing the MOTOR-MAX product line of non-oriented electrical steels for high frequency motors and generators in the North American market. Cleveland-Cliffs is raising the standards of steel performance once again with its MOTOR-MAX High Frequency Non-Oriented Electrical Steels brand of electrical steels, which are designed for high speed motors, electric vehicle traction motors, aircraft generators and other rotating equipment. From resear

Read more...

LIBERTY Steel USA has successfully raised a US$40m term loan with Eclipse Business Capital to refinance its existing term loan before its maturity in January 2023. In addition to the new term loan, LIBERTY Steel USA increased its existing ABL with Eclipse Business Capital from US$125m to US$150m, providing additional liquidity to the business so it can build on strong performance through 2022, including the successful restart of the Georgetown rod mill. For H1FY22 (Jan'

Read more...

Nucor Corporation applauds United States Trade Representative Ambassador Tai, General Counsel Peisch and the entire Biden Administration for their commitment to ensuring the long-term viability of the domestic steel industry and opposition to the recent World Trade Organization (WTO) panel decision. Nucor fully supports the U.S. government's opposition to the recent WTO panel decision that the Section 232 measures on steel imports violate U.S. WTO commitments. Section 232 measur

Read more...

Atlantic Shores Offshore Wind Project 1, a wholly owned subsidiary of Atlantic Shores Offshore Wind, LLC  a 50:50 partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC, announced it has executed a Pre-Commitment and Capacity Reservation Agreement with EEW American Offshore Structures Inc. to serve as the manufacturing company for monopiles on its 1.5 GW offshore wind project.Located approximately 10-20 miles off the coast of Atlantic City, New Jersey, Atlanti

Read more...

Commercial Metals Company today announced that it has selected Berkeley County, West Virginia, as the site of its fourth micro mill.  The project, budgeted to cost approximately $450 million net of incentives, is expected to have an annual capacity of 500,000 tons and employ approximately 230 people on a full-time basis.  MM4 will be capable of producing various sizes of both straight length and spooled rebar.  Based on anticipated timelines for permitting and construction, the

Read more...

Miner Ltd., the dock and door division of OnPoint Group, announced today the acquisition of Able Rolling Steel Door Inc. a leading provider of overhead and specialty doors as well as loading dock equipment serving the New York City Metropolitan area. Based in South Hackensack, NJ and led by Chris Hoehn and Mike Perrucci, Able was established in 1981 and has become known as a reliable expert for new construction of dock and door products in this top industrial property market. This acquisition

Read more...