Over 1 Mtpy of long products produced in endless casting-rolling with just one casting strand The largest private Bangladeshi company, Bashundhara Group, ordered from Danieli a MIDA endless-casting rolling minimill to produce more than 1 Mtpy of rebar and wirerod for the local market. To be installed at Bashundhara industrial park in Mirsarai, nearby Chittagiong, Bangladesh, it will be most productive single-strand minimill for long products in the world. Danieli

United States Steel Corporation announced today that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 9, 2021 to stockholders of record at the close of business on Monday, February 8, 2021. Founded in 1901, the United States Steel Corporation is a Fortune 250 company and leading integrated steel producer. With extensive iron ore production and an annual raw steelmaking capability of 26.2 million net

Chinese producer Shanxi North Copper New Material Technology Co., Ltd. (NC) has placed an order with Primetals Technologies to supply a copper foil reversing mill for its production site in Yuncheng, Shanxi Province. The rolling line is composed of cluster mills (X-Mill) specifically designed to roll foils of non-ferrous materials, ensuring a stable and highly efficient production. Start-up is expected in 2022. NC, headquartered in Yuncheng, Shanxi Province, China, is active in mini

The "World - Hot-Rolled Round Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering. The report provides an in-depth analysis of supply and demand for hot-rolled round bars of stainless steel on the global market. It will help you to find actionable insights and make data-driven decisions for growing your business. This report contains the latest data on market trends and opportunities

Huaigang Special Steel, a subsidiary of Jiangsu Shagang Group based in Zhangjiagang, China, has awarded SMS Concast, a company of SMS group, an order for the modernization of their existing six-strand billet caster. The main motivation for this project is the move towards special bar quality (SBQ) steel grades serving the automotive and mechanical engineering industries. In cooperation with Huaigang, SMS Concast developed an innovative solution, which will allow the production of hi

In response to the current level of orders in the long steel sector, voestalpine is now once again operating two blast furnaces at the site in Donawitz. One of the two furnaces, which has an annual pig iron production capacity of around 750,000 tons and underwent scheduled interim repairs during summer 2020, was restarted in order to meet the growth in demand. The Metal Engineering Division of the voestalpine Group produces high-quality steel products in Donawitz which are then processed into

The "World - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering. This report has been designed to provide an in-depth survey of the global flat-rolled steel market. It covers the most recent data sets of quantitative medium-term prospects, as well as developments in production, trade, consumption and prices. The report also indicates a comparative analysis of

Primetals Technologies has been contracted by Acciaierie Venete S.p.A. for the modernization of the finishing train of the rolling mill installed in Mura (BS), Italy. The project comprises the replacement of eight existing housing-type rolling stands with modern housing-less type Red Ring Series 5 units, which are lighter and more conveniently movable from the rolling line to the workshop and vice versa. The new Red Ring stands will allow significantly shorter change times, and will make the

Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until December 31, 2024. The extension provides certainty to employees, the local community and customers while providing more time for all stakeholders to plan for the future. While discussions with the New Zealand government are progressing in relation to their commitment to address t

The carbon steel market is poised to grow by 699.35 MT during 2020-2024 progressing at a CAGR of almost 8% during the forecast period. Worried about the impact of COVID-19 on your Business? Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. The report on the carbon steel market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. T