Press Releases

Super Steel, LLC has acquired the Sabre Division of Manitex International.  Established in 1923, Super Steel is a leading contract manufacturer serving the Agricultural, Construction, Industrial, Transportation, and Defense Markets.  Mantix-Sabre is a Knox, Indiana based manufacturer of engineered specialty tanks serving the Energy, Environmental, Industrial, and Waste Water marketplace. The transaction is anticipated to bring approximately 50 jobs to Super Steel’s Milwaukee,

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The aluminum rolled products market size is estimated to be USD 45.2 billion in 2020 and projected to reach USD 62.5 billion by 2025, at a CAGR of 6.7% from 2020 to 2025. Growth in automotive & transportation, building & construction and other industries has fuel the growth of aluminium rolled products market. China, India, Japan, US, and Germany are the major countries leading in the market. However, the recent outbreak of Covid-19 is expected to impact the aluminum rolled products m

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NLMK Lipetsk has embarked on a project to construct a new continuous hot-dip galvanizing line with a capacity of 450,000 tonnes of steel per year. The new line will produce high-quality steel for the construction, automotive, and white goods industries. In 2019, NLMK signed a contract with Tenova (Italy) for base engineering and the supply of main process equipment. The start-up of the line is planned for 2022. Investment in the project will exceed RUB 12 billion. Currentl

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SMS group has successfully – and ahead of schedule – commissioned the No. 2 shearing line of Jiangsu Shagang Group in Zhangjiagang, China, after the installation of an X-Pact® automation system. In this project, Jiangsu Shagang Group, one of the biggest private steel companies in China and a Fortune Global-500 company, reconfirmed its trust in automation technology from SMS group. The order for the automation of the 3.5-meter shearing line was placed in December 2018

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The "Metal Injection Molding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 9th edition of this report. The 295-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Metal Injection Molding Market to Rea

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Technavio has been monitoring the metal cutting tools market and it is poised to grow by USD 10.24 bn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will

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NLMK Group, an international steel company, has introduced a QR coding system for all types of flat and long steel products produced in Russia. The digital solution will enable the company to process documents and ship products faster, and customers to move away from paperwork. When scanned, the QR code placed on each NLMK product unit, takes the customer to a web page that contains information on the steel grade, the weight, size, batch number and other features of the product unit

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The automotive industry considers the steel and technology group, voestalpine, a technology leader in the production of ultra-high tensile auto parts that are also particularly light. The Group is now applying its lightweight construction expertise to railway systems as well. In cooperation with the Rail Cargo Group, the cargo subsidiary of the Austrian Railways (OBB), voestalpine’s Steel Division and Logserv, its logistics subsidiary, have developed “TransANT”—a novel

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Before the end of this year 2020, Salzgitter AG will be able to offer its customers a range of green strip steel products in specified grades and dimensions. The company is moving promptly to take account of the vibrant interest being expressed in these materials. These products will feature a CO2 footprint less than a quarter that of previous steels. In order to enable production, one of the two continuous casting lines at the Peine steelworks will be fitted out to cast slabs.  

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In the weeks starting from June 17, Factory Acceptance Tests for the hot-strip mill automation of Nucor Steel Gallatin QSP plant were executed at Danieli Automation, Italy. Q-Space1 allowed Nucor Steel Gallatin to participate in the tests despite travel restrictions linked to the current pandemic. Making the most of augmented, mixed and virtual reality, the FAT were conducted, supporting technicians throughout the field execution process, enhancing their skills for faster

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