Kobe Steel, Ltd. plans to invest approximately 1.8 billion yen to increase the production capacity of its Steel Powder Plant in Takasago, Hyogo Prefecture in western Japan. The production capacity of steel powder products will increase to 110,000 metric tons per year, from the current 96,000 metric tons per year. Mass production is scheduled to begin in the April–June quarter of 2021. Kobe Steel's steel powder products are mainly used in powder metallurgy to make

This report analyzes the worldwide markets for Steel in Thousand Metric Tons by the following End-Use Applications: Construction, Transportation, Machinery, Metal goods, Household Appliances, and Others. Read the full report: https://www.reportlinker.com/p03907009 The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, China, Asia-Pacific, Middle East, Latin America, and Africa. Annual estimates and forecasts are provided for the p

Constellium N.V. announced today that it is supplying aluminium structural components for new BMW X Model Sports Activity Vehicles. A partner to BMW Group for more than 10 years, Constellium supplies the new BMW X4 and X5 from its plant in White, Georgia. Constellium provides front Crash Management Systems for both the BMW X4 and X5. The Crash Management System absorbs energy in a collision to protect the occupants and vehicle integrity. Aluminium is the ideal material for these com

Tenaris S.A. announced today that it will form a joint venture with PAO Severstal to build a welded pipe plant to produce OCTG products in the Surgut area, West Siberia, Russian Federation. Tenaris will have a 49% interest in the joint venture company, with Severstal owning the remaining 51%. The commencement of the project is subject to regulatory approvals and other customary conditions. The plant, which is estimated to require an investment of USD240 million and a two year constr

United States Steel Corporation, announced today it will restart the No. 1 Electric-Weld Pipe Mill at Lone Star Tubular Operations in Lone Star, Texas. The No. 1 Mill was permanently idled in 2016 due to challenging market conditions for tubular products created by fluctuating oil prices, reduced rig counts and high levels of unfairly traded imports. The Lone Star No. 1 Mill will provide full-body normalized electric-welded pipe in size ranges 7” to 16” outside diameter

Steel Dynamics, Inc. today announced that it has entered into a definitive agreement to acquire a majority of the equity interest of United Steel Supply, LLC ("United Steel Supply").   United Steel Supply is headquartered in Austin, Texas and is a leading distributor of painted Galvalume® flat roll steel used for roofing and siding applications.  Steel Dynamics has agreed to purchase 75 percent of the equity interests of United Steel Supply for $134 million, compr

Japan’s crude steel output is likely to increase in 2019, amid strong local demand from construction segment ahead of the 2020 Tokyo Olympics and in the absence of major impact from natural disasters, said the head of Japan Iron and Steel Federation. The nation’s crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production. The drop in output pushed Japan’s ranking to the w

Japan’s crude steel output is likely to increase in 2019, amid strong local demand from construction segment ahead of the 2020 Tokyo Olympics and in the absence of major impact from natural disasters, said the head of Japan Iron and Steel Federation. The nation’s crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production. The drop in output pushed Japan’s ranking to the w

Alcoa Corporation  today announced that John Slaven will join the Company as Executive Vice President and Chief Strategy Officer, effective February 4. Slaven, 57, will be a member of Alcoa’s executive team and an officer of the Company, reporting to President and Chief Executive Officer Roy Harvey. Slaven will be responsible for supporting Alcoa’s overall strategy and will oversee the corporate and business development functions, global supply chain, and energy dev

Taseko Mines Limited is pleased to announce that the injection and recovery systems of the Florence Copper wellfield continue to demonstrate robust percolation rates as copper concentrations in the leach solutions increase towards targeted levels. Russell Hallbauer, President and CEO of Taseko commented, "During the leaching process, we are looking for a wide dispersion of solutions through the target zone with maximum contact between the solutions and the copper mineralization