Press Releases

Global Steel Casting Market: About this market Steel casting is a process that involves the pouring of molten steel into molds made of sand or ceramic platter to create the desired shape. This steel casting market analysis considers sales from applications including automotive and transportation, construction and infrastructure, mining, power, oil and gas, and other applications. Our analysis also considers the sales of steel casting in APAC, Europe, North America,

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Global Steel Casting Market: About this market Steel casting is a process that involves the pouring of molten steel into molds made of sand or ceramic platter to create the desired shape. This steel casting market analysis considers sales from applications including automotive and transportation, construction and infrastructure, mining, power, oil and gas, and other applications. Our analysis also considers the sales of steel casting in APAC, Europe, North America,

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AK Steel said today that members of the United Auto Workers (UAW), Local 3303, have ratified a three year labor agreement covering about 1,200 hourly production and maintenance employees at the company’s Butler (PA) Works.  AK Steel said that UAW officials notified the company that the contract was ratified in voting held on July 11 and 12, 2019 in Butler.  The agreement will be in effect until June 15, 2022. “We are pleased to have reached a labor agreement at

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Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, today announced the rebrand of its steel framing company, Steel Structural Products, to Mill Steel Framing. The rebranding of its steel framing and accessory operations under the parent trademark is well-timed as this year marks Mill Steel's 60th anniversary. "Since my grandfather founded Mill Steel Company in 1959, superior service and the practice of placing our customers f

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Thyssenkrupp today made the investment decision to build a new forging line at the Homburg site in Saarland. The company is investing there around 80 million euros in a new production facility for forged front axles for commercial vehicles. Long-term supply contracts with truck manufacturers were concluded. The expansion of thyssenkrupp's existing production site in Homburg, Germany, is the largest single investment in the history of the site. Dr. Alexander Becker, CEO

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In February of 2019, Sinto America acquired FROHN North America, Inc. as part of their surface treatment division. FROHN is a service orientated manufacturer of blasting media, steel shot and shot peening accessories with decades of success in the world market. Learn more: http://www.frohn.com. For many decades, blasting media production has been one of the core competences at FROHN, who can also offer a large number of custom high performance specialty shot blasting media for diver

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Future Market Insights provides critical insights on the precision stainless steel market, in its published report, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029. In terms of market value, the global precision stainless steel market is projected to expand at a CAGR of over 4% during the forecast period, owing to various factors, regarding which, FMI offers thorough insights and forecasts in this report. The global precision stainless stee

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Nickel pig iron has dominated growth in the supply side of the nickel market in recent years. This year global NPI production is forecast to rise to 927kt equal to 39% of global production driven by rising output in both China and Indonesia. Class 1 nickel is used in both the stainless and non-stainless sectors but this growth in NPI has curtailed the usage of class 1 in stainless. Nonetheless, given our demand growth forecast from the battery sector, chiefly driven by electrificati

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Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it has signed a conditional share purchase agreement with private equity investment firm PARTER Capital Group AG, based in Schindellegi, Switzerland, to acquire the Alcoa Avilés and La Coruña aluminum plants in Spain. The plants include the casthouses at both facilities and the paste plant at La Coruña, which are currently in operation, and the two curtailed smelters.

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Tata Steel Kalinganagar (TSK) has been included in the list of the World Economic Forum’s (WEF’s) Global Lighthouse Network, a community of manufacturers that are showing leadership in applying Fourth Industrial Revolution technologies to drive financial and operational impact. TSK is the first and the only Indian manufacturing plant to be included in the WEF’s Lighthouse Network. On July 3, 2019, the WEF announced the addition of 10 new factories, including TSK, t

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