Press Releases

RHI Magnesita, the global leader in refractory products and solutions, has decided to develop India as its manufacturing, R&D, technical excellence and supply chain hub for the South Asia, West Asia and Africa markets. In a recent organisational restructuring, West Asia and Africa operations of the company have been clubbed together with India to create a single business unit with regional headquarters at Gurugram. The region contributed approximately 530 million Euro to the global revenu

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Esco Tool has introduced a new clamshell style, O.D. mounted split frame machine that features fast, accurate, and easy to setup indexable tooling to part and bevel tube and pipe from 2” to 48” dia. The Esco COHOG® Split Frame Machine has a robust stationary ring machined from 7075 aluminum alloy that is hard coated and supports a custom steel forged, heat-treated and nickel-plated rotating ring using precision tuned eccentric bearings. Featuring indexable tooling wi

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2019 was a surprising year for palladium, an important component in electronics and catalytic converters, but it appears that 2020 may be even a better year for the precious metal. Recent articles in various news outlets, are almost uniform in their projections, for example in a recent Washington Post article: "Why Palladium Is Suddenly a More Precious Metal" while Bloomberg, opined: "Why Palladium Is Suddenly the Most Precious Metal". (emphasis added). Either way, it appe

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GFG Alliance has confirmed that it has entered into a binding sale and purchase agreement with an entity owned by South32 Limited and Anglo American Plc for the hydro energy-powered Tasmanian Electro Metallurgical Company (TEMCO) smelter in Bell Bay, near George Town in northern Tasmania. Subject to relevant approvals, TEMCO will join LIBERTY Steel Group, part of the GFG Alliance family, which includes the Whyalla steelworks, SIMEC Mining, and InfraBuild in Australia. This will secu

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Imperial Mining Group Ltd. is pleased to announce that field crews conducting mapping and sampling have recently discovered several new areas of scandium mineralization on the 100% owned Crater Lake project. These new showings lie within the same 14-km arcuate magnetic trend hosting the three previously defined mineralized zones (Boulder, TGZ and STG) on the property. Assay results are expected in September. Presently, drill crews are mobilizing to the property to commence drill evaluation of

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CMC reconfirms the trust in Danieli ordering its third MIDA ECR® endless casting rolling plant, named Triple M. To be installed in Western USA, it will produce an estimated nominal 500,000 shtpy of long products, namely 350,000 shtpy of rebar and 150,000 shtpy of small merchant sections. Hybrid-ready, it will melt local scrap by the innovative Danieli Digimelter solution (Q-One, Zero-bucket, Q-Melt) and will produce clean and sustainable steel thanks to the endless cas

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Division 5 LLC, a portfolio company of Applied Value Group's investment arm, Applied Invest LLC (formerly Garden Growth Capital LLC), has acquired Winston-Salem based Structural Steel of Carolina (SSC), a leader in structural steel fabrication that specializes in education, healthcare, and industrial applications. For Division 5, the acquisition represents a significant expansion in opportunity and capacity: post-integration, the combined organization will boast over 350,000 squ

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ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community. Commenting, Mr. Lakshmi Mittal, Chairman

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Commercial Metals Company announced it will build its third micro mill.  The mill will be the first in the world to produce merchant bar quality (MBQ) products through a continuous-continuous production process.   The new facility will replace higher cost rebar capacity and allow CMC to more efficiently meet West Coast demand for rebar and MBQ products. Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer of CMC, said, "We are excited by the

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KING GEORGE, VA, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Free Flow, Inc. (FFLO:OTCPINK) today announced that after obtaining zoning re-verification, its wholly owned Motors & Metals

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