Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel purchased commercial assets of Prassas Metal Products, a Los Angeles based steel trading and stocking distributor of pre-painted and coated coil products with a reputable 30-year track record. Terms of the business transaction that finalized today were not disclosed. This deal is characteristic of Mill Steel, which maintains a consistent track record of double-digit growth. It strengthens its ge

NLMK Group, a global steel company, has become an industrial partner with K1-MET, a leading European Competence Centre from Austria for the development of advanced metallurgical and environmental processes. In cooperation with the shareholders of K1-MET-voestalpine Stahl, Primetals Technologies Austria, Montanuniversität Leoben, and Johannes Kepler University Linz -NLMK is going to implement projects aimed at ensuring the efficient use and processing of recyclables in steelmaking operati

Primetals Technologies has received an order from SSAB to modernize the existing Process Automation (Level 2) of the tandem cold rolling mill in Hämeenlinna. The Level 2 solution is state of the art and replaces the existing, obsolete process automation. More precise, coordinated set-points for threading and tailing out reduce off-gauge lengths. The system features ESXi virtualization and is therefore hardware neutral. Simulation on virtual machines enables calculations for new steel gra

Zenith Steel Group Co. Ltd., one of the largest steel producers in China, has awarded SMS group the order to upgrade the existing wire rod mill at its Changzhou works in China to a combined wire rod mill. With this modernization, Zenith aims to widen its portfolio to include round bars and maximize the rolling speed for smaller-diameter products. Currently, the wire rod mill produces 780,000 tons per year of wire rod from 11.5 up to 26.5 millimeters in diameter in commercial steel g

Hoa Phat Hai Duong Steel awarded two contracts to Danieli for new long-product rolling projects at its Kinh Mon Steel Complex in Vietnam. The first contract concerns a new wirerod rolling line, and the second involves a new, six-pass finishing block for bar and wirerod products. Previously, Danieli installed four long-product rolling mills at the same location. The first project calls for a new wirerod rolling line to be installed downstream Danieli rolling mill #1, supplied in 2007

ArcelorMittal announces the launch of its first three XCarb™ initiatives, as part of the company’s journey to deliver on its 2050 net zero commitment. XCarb™ will ultimately bring together all of ArcelorMittal’s reduced, low and zero-carbon products and steelmaking activities, as well as wider initiatives and green innovation projects, into a single effort focused on achieving demonstrable progress towards carbon neutral steel. To support its launch

In late February, 2021 Primetals Technologies has received the final acceptance certificate for a new downcoiler installed at PJSC “Ilyich Iron and Steel Works of Mariupol” (Ilyich Steel), Ukraine. With this new hydraulic downcoiler Ilyich Steel extended its product range while improving coil telescopicity and winding density. The maximum coil weight was increased from 27 to 32 tons and the strip thickness from 8 to 16 mm at a hot yield stresses up to 400 MPa. This opens the futur

Alcoa Corporation announced new agreements with multiple power generators for the Portland Aluminium Smelter in the Australian state of Victoria. The five-year agreements with AGL, Alinta Energy and Origin will each commence August 1, 2021, when an existing agreement with AGL expires on July 31, 2021. The Australian Federal Government has committed, subject to approval, to provide up to $14.8 (A$19.2) million per year for four years to underwrite the smelter’s participation in

Air Liquide and ArcelorMittal have signed a Memorandum of Understanding (MOU) with the objective of implementing solutions to produce low-carbon steel in Dunkirk. The two companies are joining forces to transform the steel production process through the development of innovative solutions involving low-carbon hydrogen and CO2 capture technologies. This partnership is the first step towards the creation of a new low-carbon hydrogen and CO2 capture technologies ecosystem in this major industria

Steel Dynamics, Inc. provided first quarter 2021 earnings guidance in the range of $1.88 to $1.92 per diluted share. Excluding the impact from costs associated with the construction of the company's Sinton Texas Flat Roll Steel Mill growth investment of $18 million, or $0.06 per diluted share, the company expects first quarter 2021 adjusted earnings to be in the range of $1.94 to $1.98 per diluted share, which could represent a record earnings quarter for the company. Comparativ