Press Releases

Novelis, the world leader in aluminium rolling and recycling, today announced the supply of its premium Novelis Advanz™ aluminium to the recently launched all-electric Jaguar I-PACE. This new addition to the Jaguar PACE family and the car maker's first all-electric vehicle features a strong and stiff lightweight aluminium construction to reduce weight and increase battery range up to 470km while delivering superior driving dynamics and safety. The bespoke electric vehicle&

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NioCorp Developments Ltd and IBC Advanced Alloys are pleased to announce the successful production of aluminum-scandium master alloy.  The master alloy was produced at the Ames Laboratory, a U.S. government-owned, contractor-operated national laboratory of the U.S. Department of Energy (DOE), located in Ames Iowa. NioCorp and IBC intend to utilize the master alloy from this program to further the companies’ ongoing efforts to develop specialty scandium-containing alloys a

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Steel Dynamics, Inc one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release third quarter 2018 financial results after market close on Wednesday, October 17, 2018. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, October 18, 2018 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer. T

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Nippon Steel & Sumitomo Metal Corporation and Mitsui & Co., Ltd. are pleased to announce that Robe River Iron Associates (“Robe River J/V”, Rio Tinto 53%, Mitsui 33%, NSSMC 14%) has decided to invest in the development of new iron ore deposits, namely, the Mesa B/C/H in the Robe Valley mine and the Deposit C/D in the West Angelas mine in the Pilbara region of Western Australia. The existing deposits in both Robe Valley mine and West Angelas mine, currently in ope

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Today, United States Steel Corporation announces the establishment of a new revolving credit facility for United States Steel Košice to further enhance its capital structure. On September 26th, the Corporation’s wholly owned subsidiary U. S. Steel Košice, (“USSK”), entered into a five-year €460 million revolving credit facility agreement (the “Credit Facility”), replacing the existing €200 million credit facility. This enhanced C

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Harsco Corp announced today that its Metals & Minerals division has successfully renewed a multi-year services contract with British Steel, a leading manufacturer of rail, construction steel, special profiles and wire rod. Under this contract, Harsco will provide slag management, briquetting, slab handling, coke crushing and other services at the Scunthorpe plant. Harsco has provided onsite steel plant services to British Steel for more than 30 years. “The renewal demonstr

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The USD 100 billion Indian steel industry is estimated to grow at a rapid pace in 2018 and beyond. As demand from key sectors such as construction, capital goods, automobiles and consumer goods grows, it is important that the industry leaders from the public and private sector keep the momentum going. With an aim to bring industry leaders and market influencers together to address the opportunities, challenges, future innovations and sustainability factors that will come with this growth, Ind

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Tenaris S.A. announced today that it has entered into a definitive agreement to acquire from a private group 47.79% of the shares of Saudi Steel Pipe Company (“SSP”), a welded steel pipes producer listed on the Saudi stock market, for an aggregate price of US$144 million. The transaction is subject to regulatory approvals, including approval by the Capital Market Authority of Saudi Arabia, and other customary conditions and is expected to close in the first quarter of 20

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India currently experiences the worst water crisis in its history. And the demand for the vital resource will continue to rise. With a share of 79 percent, farming still is India’s largest consumer of water. However, the industry catches up: while the industrial sector accounted for five percent of the total of 634 billion cubic meters of water, the demand will quadruple by 2030 according to the German Federal Ministry for Economic Affairs and Energy (BMWi). An outlook that provides a b

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BREADY INDUSTRIES, the world's leading leader in nanocrystal reinforcement technology for aluminum sheets, is the third wholly owned subsidiary of Nanal (NanoAl), Kentucky State Ashland Acquired. Nanoal will join the ownership of Brady Industries following the Brady Atlas and BeloCind of aluminum rolling mills. Nanoal was founded on the basis of the Department of Materials Science at Northwestern University for the purpose of commercializing the development technology of high st

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