Press Releases

Installed in the Philippines, it will be the fastest bar mill in Asia Real Steel Corporation awarded Danieli the contract to supply a new high-speed rolling mill to produce deformed bars in the range of 10 to 32 mm-dia, starting from 150-mm square billets weighing up to 2,000 kg. The plant will be installed in Pampanga, San Simon province, Philippines, and with a finishing speed up to 48 m/s onto the cooling bed for 10-mm-dia bars, it will be the fastest bar mill in Asia.

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FORT LAUDERDALE, Fla., March 16, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (“KEMET” or the “Company”) (NYSE: KEM) a leading global supplier of electronic components, has launched a new family of metal composite power inductors to address the stringent demands of the automotive market. The MPXV product offering enhances the company

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Cleveland-Cliffs Inc. announced that it has successfully completed the acquisition of AK Steel Holding Corporation, integrating North America’s largest producer of iron ore pellets downstream into the production of value-added steel and specialty manufactured parts for the automotive industry. The combined company will be led by Chairman, President and Chief Executive Officer Lourenco Goncalves. “This is a new era for Cleveland-Cliffs as a producer of differentiated, hig

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Climate change is moving up the political agenda and putting increasing pressure on heavy industry to reduce their CO2 emissions. As the largest producer of global industrial CO2 emissions, the steel sector has a clear role to play in meeting emission reduction targets. Based on current global projections relative to a 2-degree warming scenario (n.b. 2DS) the industry will need to make significant changes to meet global climate targets. There are a variety of options available to st

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The international stainless steel scrap processor Oryx Stainless continues its successful growth: Kurt Wierscholowski could be attracted from the ELG-Haniel-Group to start on 1st April 2020. With many years of experience in the industry he will complement and support the management team. Kurt Wierscholowski was with the ELG-Haniel-Group for 28 years, most recently as managing director of the Eisenlegierungen Handelsgesellschaft mbH in Duisburg and also of Jewometaal Stainless Proces

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 12, 2020 (GLOBE NEWSWIRE) -- FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is please

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The effect of China’s bold approaches to contain the rapid spread of coronavirus is recognized by international community. The organizers of wire & Tube China are pleased to see that greater number of wire, cable and tube manufacturers in mainland China have resumed production gradually with a steadily increasing production capacity. Many companies havereached out to us recently to inquire about the plans and booth reservation status of wire & Tube China 2020. As the org

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As per the report published by Global Market Insights, Inc., the structural steel market was valued at $285 billion in 2019 and is projected to surpass $500 billion by 2026, registering a CAGR of 7.5% from 2020 to 2026. The report provides a detailed assessment of the market size and estimations, competitive scenario, key investment pockets, drivers and opportunities, top winning strategies, and wavering market trends. As per the market analysis, structural steel is widely used in t

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Hannibal Industries announces it is the first company to address the impact of new codes under ASCE 7-16 regarding storage rack system designs. The new code went into effect in January of this year and has caused most companies to scramble to find ways to comply, however Hannibal Industries has been at the forefront of the new codes since before they were implemented. Not only have the new codes been addressed to the team at Hannibal Industries, but TubeRack inventor Andrew Kirby ha

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In 2019, two LiquiRob systems from Primetals Technologies commenced operation at the Meishan plant of Chinese steel producer Baoshan Iron & Steel Co. Ltd. (Baosteel). Commissioning only took four to five days. Additionally, an order was placed to supply a LiquiRob system for Baosteel´s Zhanjiang plant. This raises the total number of LiquiRobs operating in Baosteel plants to five. The projects followed successful commissioning and operation of two robot systems supplied to Baosteel

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