Press Releases
The order includes new caster, stands and mill upgrade, meltshop In order to extend the range of steel grades and increase production capacity, Nucor has contracted Danieli to upgrade its hot strip plant in Ghent, KY. The new plant configuration -from compact thin slab casting and rolling plant to ultra-modern QSP® (Quality Strip Production)- will allow Nucor Steel Gallatin to improve thermomechanical rolling capabilities, therefore expanding production of AHSS grades,
Read more...To expand capacity in high-end automotive grades, Beiman Special Steel Co., Ltd. has signed a contract with Primetals Technologies for a high-speed wire rod mill to be built in Qiqihar, Heilongjiang Province, China. This is the second mill Beiman Special Steel has purchased from Primetals Technologies. The company, which produces special grades steel, previously bought a Pomini medium bar mill. Start-up is expected in mid-2019. The single-strand high-speed wire rod mill will enable
Read more...16 November 2018
EVRAZ started upgrading the Tashtagol ore mine. The project will enhance the company's self-sufficiency in raw materials, increasing ore production at the mine from 2.2 mtpa to 3.25 mtpa. The total investment into the project is expected to reach RUB 6.8 billion. The project includes the commissioning of the Sibiryak skip shaft, which will be used to deliver materials and transport the extracted ore to the surface. An underground crushing plant will be installed at 350 meters un
Read more...15 November 2018
Insteel Industries, Inc. announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's common stock payable on January 4, 2019 to shareholders of record as of December 14, 2018. "Our board of directors evaluates a broad range of factors when considering the declaration and payment of regular and special dividends, including potential funding requirements for growth oppor
Read more...14 November 2018
International technology group ANDRITZ has received an order from Aperam Genk, Belgium, to supply a 20-high cold-rolling mill in four-column design for processing stainless steel strip grades AISI 300 and 400. The cold-rolling mill will be designed with particular focus on production level, strip shape, and strip surface condition to manufacture products of the highest quality. Production of the first coil is scheduled for 2020. In addition to engineering and building of t
Read more...13 November 2018
Mueller Industries, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 10 cents per share. The dividend will be payable December 21, 2018 to shareholders of record on December 7, 2018. Mueller Industries, Inc. is an industrial manufacturer that specializes in copper and copper alloy manufacturing while also producing goods made from aluminum, steel, and plastics. It is headquartered in Memphis, Tennessee and comprises a n
Read more...9 November 2018
Novelis Inc., the world leader in aluminum rolling and recycling, published its Fiscal Year 2018 Sustainability Report today. The report articulates the company's purpose of "Shaping a Sustainable World Together" through a global commitment to the products it makes and the people it serves. A highlight of the company's environmental stewardship is that its production output in the fiscal year was comprised of 57 percent recycled content. This is an increase of two percent ov
Read more...8 November 2018
Novelis Inc., the world leader in aluminum rolling and recycling, today announced it has agreed to partner with Impression Technologies to explore innovative ways to increase the broader adoption of aluminum through the hot stamping process. Impression Technologies has the exclusive rights to Hot Form Quench (HFQ®), a unique technology used to design and manufacture components using ultra high-strength aluminum for the high volume automotive and transport markets. This partnersh
Read more...6 November 2018
The Asia’s No. 1 and the world’s second largest casting metallurgical event - Metal + Metallurgy China 2019 (a collective name for the 17th China International Foundry Expo, the 13th China International Die Casting Industry Exhibition, the 19th China International Metallurgical Industry Expo, the 15th China International Refractories and Industrial Ceramic Exhibition and the 17th China International Industrial Furnace Exhibition) will be held in Shangh
Read more...3 November 2018
The United Steelworkers (USW) today said that the union has reached tentative agreements on new contracts with ArcelorMittal USA on behalf of about 15,000 workers at 14 of the company's U.S. locations. Subject to a vote by the membership of 13 local unions, the proposed four-year agreement would expire on Sept. 1, 2022. "Our committee's hard work and dedication have resulted in tentative agreements with ArcelorMi
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