Press Releases
5 December 2018
Constellium N.V. announced today that it supplies aluminium automotive body sheets for the new Audi A6. Constellium is the primary supplier of automotive body sheets for both closures and inner parts of this model. Constellium produces components for its partner Audi to achieve its lightweighting, design and safety targets. For the doors as well as for the trunk of the new Audi A6, Constellium provides Surfalex® with high surface quality and particular hemming and ropi
Read more...Majestic Steel USA, Inc., a leading steel service center, announced today it has completed the acquisition of the business assets of Titan Metal Service, Inc. ("Titan"), a Tampa, Florida based steel service center and processor. This strategic acquisition represents a significant step in Majestic's strategy to expand its business in the coated flat-rolled market. The addition of Titan enables Majestic to increase its presence and reach in the Southeast, particularly th
Read more...3 December 2018
Algoma Steel Inc announced today it has successfully completed the purchase of substantially all of the assets of Essar Steel Algoma Inc. The business has emerged free from the protection of the Companies’ Creditors Arrangement Act (CCAA) as a stronger, more sustainable Canadian steel company. Since 1901 Algoma Steel has been a reliable supplier of quality Canadian steel. Today, under new ownership and the direction of a professional board of directors, Algoma Steel has
Read more...1 December 2018
Nucor Corporation announced today that it is acquiring Corporacion POK, S.A. de C.V. (POK), a fully integrated precision castings company with a facility in Guadalajara, Mexico. POK produces complex castings and precision machined products used by the oil and gas, mining and sugar processing industries. "Our company has had a presence in Mexico for more than a decade. We know the market and the customers there. This acquisition supports Nucor's strategy in Mexico, which is
Read more...30 November 2018
The United Steelworkers (USW) today said that its members have overwhelmingly ratified new, four-year labor agreements with ArcelorMittal USA that will increase wages, bolster retirement provisions, improve benefits and strengthen contract language for roughly 15,000 hourly production, maintenance, office and technical workers who belong to 13 local unions at 14 facilities in Illinois, Indiana, Ohio, Pennsylvania and West Virginia. "After years of hard work and tremendous sacri
Read more...29 November 2018
With effect from November 27, 2018, Bhushan Steel Limited (“Company”) is renamed as Tata Steel BSL Limited. The Ministry of Corporate Affairs, Government of India has accorded its formal approval for this on the same date. The name change is part of the process to integrate the Company’s operations within the Tata Steel fold and to align to the Tata brand and also to give the Company a singular identity with the Tata Group. On May 18, 2018, Bamnipal Steel
Read more...28 November 2018
Eastern Zinc Corp is pleased to announce that it will acquire a diversified portfolio of zinc exploration assets securely located in Canada (the “Acquisitions”), which are more fully described below. “In addition to growing industrial use as the world’s fourth most widely consumed metal1, research has continued to show zinc batteries as an emerging alternative to lithium-ion storage. The acquisitions announced by Eastern Zinc today provide our shareholders wi
Read more...27 November 2018
On Friday and today, the American Primary Aluminum Association (APAA) filed comments with the U.S. International Trade Commission (ITC) in its investigation into the effects of the new United States-Mexico-Canada Agreement (USMCA). In the comments, the APAA is urging that to maintain the continued success of the Section 232 aluminum tariffs it is critical that all sources of primary imports are restrained. To download the full and complete comments filed by the APAA, please follow t
Read more...Steel Dynamics, Inc today announced that its Board of Directors has authorized the company to construct a new state-of-the-art, electric-arc-furnace (EAF) flat roll steel mill in the United States. The facility is anticipated to have an annual production capacity of approximately 3.0 million tons with the capability to produce the latest generation of Advanced High Strength Steel products. The project will include value-added finishing lines, including a galvanizing line wit
Read more...22 November 2018
Chinese steel maker Chengde Steel Vanadium Titanium cold-rolled sheets Co, Ltd. (Chengde Steel) has placed an order with Primetals Technologies to supply a continuous pickling line (CPL) and a continuous galvanizing line (CGL) for a new cold rolling and processing plant to be built in the company´s location in Chengde, Hebei Province. The CPL is designed to process one million tons of cold strip per year, while the CGL will handle 410,000 tons per year. Both lines are able to be
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