Hyperion Metals Limited is pleased to announce that it has entered into an agreement with Blacksand Technology, LLC (“Blacksand”) to investigate the commercial development of spherical titanium metal powders using the GSD technology and an option to enter into an exclusive license agreement for the patents associated with the technology (“the Agreements”). The "Global Special Steel Market (2021 Edition) - Analysis By Type (Gear, Bearing, Alloy, Others),

Cleveland-Cliffs Inc. is celebrating today the initial six months of continued operation and production of hot-briquetted iron (HBI) at the Company’s state-of-the art Direct Reduction plant in Toledo, Ohio. Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves will host Ohio Governor Mike DeWine for a ribbon cutting ceremony on site. The plant employs nearly 160 employees. Cleveland-Cliffs will be live streaming the ribbon cutting event from the Dire

Maire Tecnimont Group's subsidiary NextChem, and Paul Wurth, a company of the SMS Group and leading technology provider for the steel industry, will join forces to promote the combined use of electrolysis and syngas production in the iron and steel industry. The cooperation between NextChem and Paul Wurth is aimed at developing an advanced technological solution to convert natural gas into synthesis gas, known as syngas, to be used during iron ore reduction. The utilisation of s

The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.405 per share on Nucor's common stock.  This cash dividend is payable on August 11, 2021 to stockholders of record on June 30, 2021 and is Nucor's 193rd consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico.

Nucor Corporation announced today that it has signed a definitive purchase agreement to acquire Cornerstone Building Brands' insulated metal panels (IMP) business for a cash purchase price of $1 billion, or approximately 10x pre-pandemic EBITDA inclusive of expected synergies. Adjusting for the net present value of associated tax benefits, the realized effective purchase price for Nucor is approximately $900 million.  The transaction is expected to close later this year, pending regu

Ampco-Pittsburgh Corporation announced today that it would be presenting at the virtual East Coast IDEAS Investor Conference on June 16, 2021. J. Brett McBrayer, Chief Executive Officer, will present a corporate overview and update for registered investors and other conference attendees. The Corporation's presentation will be webcasted and is scheduled to be accessible at 8:00 am EDT on June 16, 2021, on the IDEAS conference website at www.IDEASconferences.com. In addi

Air Liquide and PAO Severstal, one of the leading steel producers, have signed a new long-term contract for the supply of oxygen to the Severstal CherMK site in Russia. Air Liquide will invest around 60 million euros in the construction of a state-of-the-art Air Separation Unit (ASU) on the site, one of the largest oxygen sites in continental Europe, where it already owns three other ASUs. Thanks to enhanced energy efficiency, this new unit will improve the overall environmental footprint.

The "Die steel Global Market Insights 2021, Analysis and Forecast to 2026, by Manufacturers, Regions, Technology, Application, Product Type" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Die steel from 2016 to 2020 and its CAGR from 2016 to 2020, and also forecasts its market size to the end of 2026 and its CAGR from 2021 to 2026. For the geography segment, regional supply, demand, major players, p

The "Heat-Treated Steel Plates Market Size, Share & Analysis, By Steel Type, By Treatment Type, By Application And By Region, Global Forecast To 2028" report has been added to ResearchAndMarkets.com's offering. The global heat-treated steel plates market size is expected to reach USD 8,667.9 Million in 2028, and register a CAGR of 4.6% during the forecast period. Market growth is expected to be driven by growing consumption of heat-treated steel plates fr

Norfolk Iron & Metal, Co., a full-line steel service center, has announced the creation of NIM Group, a new parent identity for each of its brands: Norfolk Iron and Metal, Metalwest, and Cd'A Metals. In December 2018, Norfolk Iron acquired Metalwest, a leading processor and distributor of carbon and non-ferrous flat-rolled metal products with eight locations across the U.S. Norfolk Iron expanded again in December 2020, with the acquisition of Cd'A Metals, a ful