In the steel manufacturing industry, companies face complex issues ranging from technology adaptation, regulatory pressures, and cost efficiencies, to maintaining consistent quality. Quaker Houghton, the global leader in industrial process fluids and long term partner to the steel industry, recognizes these challenges and works to develop customized solutions based on their innovative R&D approach and comprehensive range of products and services. This will be highlighted at the 2022 AISTe

Novelis Inc., the leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, today announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA. The highly advanced facility will have an initial 600 kilotonnes of finished aluminum goods capacity per year. "This investment marks the start of another transformational growth phase for Novelis," said Mr. Kumar Mangalam Birla, C

Opta Group LLC, a portfolio company of Speyside Equity, announced today that it has joined ResponsibleSteel. A nonprofit organization, ResponsibleSteel is the steel industry's first global, multi-stakeholder standard and certification initiative. Its mission is to maximize steel's contribution to a sustainable society. "As members of our communities, Opta Group has always operated in a manner that respects the environment," says John Dietrich, CEO of Opta Group. &q

The "Steel Global Market Review 2022 and Forecast to 2031" report has been added to ResearchAndMarkets.com's offering. The report presents a thorough study of the steel industry, covering both global and national markets. It aims to give a proper picture of the market, its trends, perspectives and opportunities. Comprehensive data on steel worldwide production, demand, trade statistics and prices are provided. Each country's market overview covers the fol

According to a Comprehensive Research Report by Market Research Future (MRFR), “Metal Casting Market Information by Vehicle Type, Cargo Type, End Use and Region - Forecast till 2030”, the market is estimated to grow at a CAGR of 7.8% CAGR to reach USD 5,19,103.59 Million by 2030. Market Scope Metal casting is a method of producing geometrically complex parts or components by pouring molten or liquid metal into a mold made of sand, metal, or cer

Steel Dynamics, Inc. today announced that the company's board of directors has declared a quarterly cash dividend of $0.34 per common share.  The dividend is payable to shareholders of record at the close of business on June 30, 2022 and is payable on or about July 15, 2022. About Steel Dynamics, Inc. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and me

Atlas Tube, a division of Zekelman Industries, has opened their newest steel mill in Blytheville, Arkansas. Their second in Blytheville, the new facility will be dedicated to producing Jumbo Hollow Structural Sections (HSS) as large as 28" OD with walls up to 1" thick. The $150 million project is the largest private investment in the U.S. steel industry in the last decade. "Thanks to companies like Atlas Tube, Mississippi County continues to lead the country as a prem

ArcelorMittal is pleased to announce that it has successfully tested the use of green hydrogen in the production of direct reduced iron ("DRI") at its steel plant in Contrecoeur, Quebec. ArcelorMittal's ambition is to lead the decarbonisation of the steel industry and this test is an important milestone in the Company's journey to produce zero carbon emissions steel via the DRI-based steelmaking route using green hydrogen as an input. The objective of the test was

Novelis Inc., a leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, has broken ground on a $365 million investment to build a highly advanced recycling center for automotive in North America. With an annual casting capacity of 240 kt of sheet ingot, the facility is expected to reduce the company's carbon emissions by more than one million tons each year. The new recycling facility will add approximately 140 new jobs in Guthrie and will be bu

Friedman Industries, Incorporated, a Texas-based company engaged in steel processing and distribution as well as pipe manufacturing through its division Texas Tubular Products, announced today that it has acquired two high-quality, strategically located facilities from Plateplus, Inc. (“Plateplus”), positioning Friedman as a leading North American steel service center with an expanded geographic presence, scale and processing capabilities. In addition to the facilities acquired, F