Press Releases

Vedanta Limited has filed a communication with the stock exchanges in India (BSE and NSE) today, informing that it has received the approval from the Competition Commission of India for the application made by it for the acquisition of Electrosteel Steels Limited. About Vedanta Limited Vedanta Limited is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc - lead - silver, aluminium, copper, iron ore and

Read more...

Novelis Inc., the world leader in aluminum rolling and recycling, today hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell's staff to recognize the investment of a 400,000 square foot facility that will create approximately 125 jobs and pro

Read more...

Alcoa Corporation and Rio Tinto  today announced a revolutionary process to make aluminum that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Alcoa, Rio Tinto and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the announcement, which signals the most significant innovation in the aluminium industry in more than a century. To advance

Read more...

You are invited to join Nucor's Annual Meeting of Stockholders, which will be broadcast live over the Internet on Thursday, May 10, 2018 at 10:00 a.m. Eastern Time. What:    Nucor's 2018 Annual Meeting of Stockholders When:    10:00 a.m. Eastern Time on Thursday, May 10, 2018 Where:  https://www.webcaster4.

Read more...

Shiloh Industries, Inc., a leading global supplier of lightweighting, noise and vibration solutions, recently opened their latest aluminum casting facility in Nantong, China. The state-of-the-art facility will launch producing new, innovative 9-speed, aluminum transmission carriers and reverse carriers through Shiloh’s proprietary, high-integrity casting technology, and has additional roll-outs scheduled. “We are excited to manufacture our innovative products in a facili

Read more...

Grupo Simec, S.A.B de C.V., (Simec) reports that it has entered to a contract with Arcelor Mittal Brasil, S.A. for the acquisitions of the steel products plants of Cariacica and Itauna, both in Brazil and for steel wire drawn equipment for the production of wires and derivatives. The production capacity of Cariacica plant is 600,000 mt/year of liquid steel and 450,000 mt/year of rolled steel products. This plant has more than 500 employees and produces light structural rods and prof

Read more...

Steel manufacturers often encounter process situations that dramatically impact operations. Process fluids, greases, and lubricants can make a big difference by providing cost savings through enhanced performance, improved efficiency and quality, amongst others. Quaker Chemical Corporation , a longstanding supplier of steel processing and maintenance products, will present fluid solutions at AISTech 2018 Conference & Exposition – the steel industry's premier technology event &nd

Read more...

Commercial Metals Company, along with federal, state and local officials and their honored guests gathered for the dedication of CMC's new micro mill located in Durant, OK. The mill is CMC's second technologically advanced micro mill that uses a continuous-continuous manufacturing process which melts, casts and rolls steel from a single uninterrupted strand, resulting in higher yields and lower energy consumption than the traditional mini mill process. Barbara Smith, Chairma

Read more...

Around half a year after announcing the location decision, today’s groundbreaking ceremony marked the official start of the three-year construction phase for the new voestalpine special steel plant in Kapfenberg, Austria. From 2021 onwards, each year the fully digitalized plant will produce around 205,000 tons of sophisticated high-performance steels, especially for the international aviation and automotive industries as well as for the oil & gas sector, while at the same time secur

Read more...

The Brownsville Navigation District Board of Commissioners – the governing body for the Port of Brownsville has signed an option agreement covering up to 800 acres of property with Big River Steel LLC enabling the steel-maker to continue its due diligence pursuant to the company’s interest in developing a LEED-certified steel manufacturing plant, storage and distribution facility. The plant would cost more than $1.6 billion to construct. “This is good news for Brow

Read more...