Metso to deliver a large-scale pellet plant to Tata Steel in India Metso Corporation press release, January 17, 2019 at 11:00 a.m. EET. Metso has won a significant order to deliver a large-scale iron ore pellet plant and related engineering services to Tata Steel for the expansion of the Kalinganagar operation located in Odisha state in India. The order has been booked in Metso's 4th quarter 2018 orders received. The new pellet plant will be equipped with cap

The London Metal Exchange (LME) will launch a finished steel coil futures contract for Asia on 11 March, settled against prices produced by Argus. The new financially-settled contract for hot-rolled coil (HRC) exported from China will settle against the Argus HRC fob Tianjin China index, published in the Argus Ferrous Markets daily online service. "We are very pleased to have been chosen as the settlement index for the LME's new Chinese steel contract," Argus Media cha

Olympic Steel Inc., a leading national metals service center, today announced that it has acquired the assets of McCullough Industries, Inc. The all-cash purchase closed on Jan. 2, 2019 and is immediately accretive. Terms were not disclosed. This represents Olympic Steel’s second strategic acquisition in the past nine months. McCullough Industries, located in Kenton, Ohio, manufactures and sells branded self-dumping hoppers used in a variety of industrial applications. McCullo

Thyssenkrupp announced the appointment of Vivek Bhatia as Managing Director and Chief Executive Officer of thyssenkrupp Industries India effective from 01 January 2019. Thyssenkrupp Industries India is one of the leading service providers in the fields of Sugar Plants & Machinery, Open Cast Mining & Bulk Material Handling Systems, Cement Plants & Machinery and Industrial Boilers & Power Plants across the world. The business also engages in providing service, spares,

Researched by Industrial Info Resources (Sugar Land, Texas)--Amid rising steel production and falling imports, Industrial Info is tracking capital steel mill projects worth $9.45 billion that could kick off construction next year in the U.S. The projects range from minor repairs to steel "minimill" expansions. For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industria

The "Research Report on Metal Mineral Import in China, 2019-2023" report has been added to ResearchAndMarkets.com's offering. With the rapid development of economy and industry, China has become the most important industrial company in the world, and its demand for metal minerals are also growing. Because of insufficient reserves, low ore grades and high mining costs, China needs to import a large quantity of metal minerals every year. According to the data from China

Flexsteel Industries, Inc., one of the oldest and largest manufacturers, importers and marketers of residential and contract upholstered and wooden furniture products in the United States, today announced that Jerald (Jerry) K. Dittmer has been named the Company’s President and Chief Executive Officer effective December 28, 2018. Dittmer, an accomplished leader in the office furniture industry, is a veteran of HNI Corporation, a publicly traded company and leading global office furnitur

After leading the company’s UK business through a major transformation programme, Bimlendra Jha, CEO of Tata Steel UK, is taking up a new role at Tata Steel Limited in India, with the leadership of the UK business returning to its former structure. Bimlendra was appointed CEO of Tata Steel UK in April 2016 at which time he spearheaded a transformation programme to develop a more sustainable UK business. He also oversaw the successful divestments of non-core businesses, includi

Black Iron Inc. continues to advance the Shymanivske Iron Ore Project (“Shymanivske” or the “Project”) towards construction.  In the second half of this year, the Company hosted a few multibillion-dollar companies at site as part of their due diligence to fund a portion of Project construction in exchange for purchase of the ultra high grade 68% iron content pellet feed iron concentrate expected to be produced.  Additionally, several meetings with Ukraine gov

TMS International recently dedicated and began operation of a new Extruded Product Services (EPS®) plant at the CAP Acero Steel operation in Concepción, Chile. This marks TMS' first operation in Chile. Plant festivities included a ribbon cutting ceremony, tours of the operation and a reception. Dedication speeches by Rodrigo Briceño, CAP Acero CEO; Henry Campos, Mayor of Talcahuano Region and various other local political leaders; Filiberto Morales, TMS Vice Pr