TimkenSteel, a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing (SMT) hot-rolled and single-thermal-treated products by $40 per ton, and on SMT quench-and-tempered products by $100 per ton. These increases are effective immediately with new orders received, and for all shipments beginning Oct. 1, 2018. All surcharge mechanisms remain in effect. About TimkenSteel Corporation TimkenSte

ArcelorMittal has unveiled a radical new concept for the use of steel in construction, which will facilitate the next generation of high performance buildings and construction techniques and create a more sustainable life-cycle for buildings. Known as Steligence®, the concept revolves around the idea of buildings as holistic entities where all aspects of design are considered in an integrated way, as part of the whole. As such, it proposes the need for better dialogue between va

Today, the U.S. Department of Commerce announced its preliminary determination that imports of common alloy aluminum sheet from China are being sold at less than fair value (or “dumped”) in the United States.  As a result, the agency will instruct U.S. Customs and Border Protection (“CBP”) to require U.S. importers of common alloy aluminum sheet from China to deposit estimated antidumping duties at the time of import. “The association and its membe

In continuation to our announcement on June 4, 2018, today our wholly owned subsidiary, Vedanta Star Limited ("VSL") has been allotted 176,55,06,078 fully paid up equity shares of INR 10 each in Electrosteel Steels Limited ("ESL") as per the approved Resolution Plan. Pursuant the aforementioned allotment, our Company now holds 90% of the paid up share capital of ESL through VSL. About Vedanta Limited Vedanta Limited is a diversified nat

Tata Steel Europe today announced the cross-licensing agreement with POSCO, which will allow the company to increase the range of advanced products to key markets including the automotive and construction sectors. The deal will allow Tata Steel Europe to access Physical Vapour Deposition (PVD) technology, an innovative process allowing steels to be given anti-corrosion coatings without the current requirement to heat them during the hot-dip galvanising process. This has the potentia

Hazelett Corporation confirms that the Hazelett® Twin-belt Continuous Casting Process will be utilized for the JW Aluminum expansion announced today. “This new facility will be a model for the most cost-effective and energy efficient sheet production in North America,” said Mr. David Hazelett, President. “And, it will significantly ease the projected shortage of aluminum coil in the United States.” The Hazelett® Model AS2000 casting machine

JW Aluminum has started the expansion of its Mount Holly flat rolled aluminum plant in Goose Creek, South Carolina. This project will greatly enhance JW Aluminum’s capabilities to serve its primary end markets. Summary: Construction is underway and is expected to be complete in early 2020. Construction includes a new 220,000 square foot building and the installation of proven, state-of-the-art equipment utilizing green technology,

The heat treatment facility will have an annual capacity of 70,000 tonnes of high-quality (Special Bar Quality, SBQ) bars, and will be established within the enterprise's finishing plant. The facility will add to the existing heat treatment capacities at OEMK’s rolling plant #2. Metalloinvest has agreed an equipment supply contract for the facility with Danieli Centro Combustion, part of Danieli group, the Italian leader in steel plant equipment. The official signing

United States Steel Corporation  announced today it will restart the second of two blast furnaces (“A” blast furnace) at its Granite City Works, an integrated steelmaking plant in Granite City, Ill.  The restart of the “A” blast furnace will support increased demand for steel manufactured in the United States, while allowing the Company to continue to support customers during planned asset revitalization efforts. “We are excited to announce th

Pursuant to the order dated May 30, 2018 of National Company Law Appellate Tribunal, Vedanta Limited is implementing the approved Resolution Plan for Electrosteel Steels Limited ("ESL"). Accordingly, Vedanta Star Limited ('VSL'), a wholly owned subsidiary of our Company, has deposited the upfront amount of INR 5,320 crore in escrow account of ESL and June 4, 2018 has been determined to be the 'Effective Date' under the Resolution Plan. The Company has acqui