3D Systems  today announced two additions to its industry-leading materials portfolio – Certified Scalmalloy (A) and Certified M789 (A) - to facilitate demanding industrial high-strength, corrosion-resistant parts for additive applications in markets such as aerospace, motorsports & automotive, semiconductor, energy, and moldmaking. This action enables the company’s customers to use these high-performance materials optimized for metal additive manufacturing on its Direct

Array Technologies , one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, today announced it has entered into a multi-year supply arrangement with POSCO, one of the world’s largest steelmakers, to diversify and strengthen its global supply chain. Array will now have access to POSCO’s proprietary PosMAC® material, an alloy coated corrosion resistant steel. POSCO will cooperate with a Korean local fabricator to convert the produ

CORE Industrial Partners LLC , a Chicago-based private equity firm, announced today the acquisition of CGI Automated Manufacturing (“CGI” or the “Company”), a custom precision sheet metal fabrication solutions provider. CGI is CORE’s second investment from CORE Industrial Partners Fund II, a $465 million fund closed in February of 2021. Founded in 1976, CGI offers comprehensive in-house manufacturing capabilities, including laser cutting, CNC punching,

Loop Energy , a developer and manufacturer of hydrogen fuel cell-based solutions, and Hydrogen In Motion (H2M), a leading provider of solid state hydrogen storage, announce their plans to collaborate on converting a Southern Railway of BC owned and operated diesel electric switcher locomotive to hydrogen electric. The two British Columbia-based companies will use locally developed technology, including Loop Energy’s 50kw eFlow fuel cell system and a low pressure solid state hy

Majestic Steel USA, Inc. announced today a new state-of-the-art service center and processing facility on the campus of Nucor Steel Arkansas. The expansive 515,000 sq. ft. facility will feature next generation processing and warehousing equipment while creating roughly 225 jobs locally at full scale.    As a master distribution site, the addition of the Arkansas location enables Majestic to better service customers in central and southern regions of the United States. The

Alcoa Corporation today announced that its wholly-owned subsidiary, Alcoa Nederland Holding B.V., has issued a notice to redeem all $500 million aggregate principal amount of its outstanding 7.00% notes due in 2026. The notes will be redeemed on September 30, 2021. The redemption price of the notes will be equal to 103.500% of the principal amount of the notes, plus accrued and unpaid interest to but not including the redemption date. The redemption will be funded using ca

The "Zinc Coated Steel Sheets Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering. The report on the global zinc coated steel sheets market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global zinc coated steel sheets market to grow with a CAGR of 7% over the forecast period from 2020-2026. The study on zinc coated steel she

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Mysteel Singapore Pte ltd (known as Mysteel Commodity Services), a leading commodities broker with a major focus on China, today announced they’ve partnered to launch an electronic liquidity pool to facilitate the matching of block futures for commodities products. Mysteel will operate the venue, which will go live in Q4 2021 using a

Nucor Corporation announced today that it has successfully completed its acquisition of Hannibal Industries, Inc., a leading national provider of steel racking solutions, for a cash purchase price of $370 million.  Nucor purchased 100 percent of Hannibal Industries' outstanding shares from its Employee Stock Ownership Plan (ESOP). "We are excited to officially welcome our Hannibal teammates as part of the Nucor team," said Giff Daughtridge, President of Sheet and

The global stainless steel market production is expected to grow to 54 million tons in 2021 with an improvement in economic activity and stainless steelmaking capacity in parallel, especially in Indonesia that's forecast to have a greater output than many developed nations. Stainless steel market trends suggest how supply remained constricted in 2020 owing to a lack of demand. Now with the effect of the Covid-19 pandemic gradually waving away from markets, demand is expected to