This year’s Aluminium China exhibition and conference in July will provide a platform for China’s rapidly changing and expanding aluminium industry and showcase new state-of-the-art processes and products. Since the launch of the ‘Made in China 2025’ strategy more than two years ago, China has made great strides towards becoming the world’s leading manufacturing hub. And it is against this backdrop that the Chinese aluminium industry is shifting its focus from sp

Cleveland-Cliffs Inc. (NYSE: CLF) held a groundbreaking event with state and local dignitaries today to celebrate the construction of its first hot-briquetted iron (HBI) production plant. Cleveland-Cliffs broadcasted live the event from the project’s construction site. The video is available to watch on-demand at the Cleveland-Cliffs YouTube channel. About Cleveland-Cliffs Inc. Founded in 1847, Cleveland-Cliffs Inc. is the largest and oldest independ

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has signed group annuity contracts to transfer approximately $555 million in obligations, and related assets, of defined benefit pension plans in Canada. The transfer, which will be complete later this month, is aligned with Alcoa’s strategic priority to strengthen its balance sheet by lowering the Company’s risk to volatility from its pension plan obligations. The group annuity cont

Outokumpu Long Products has won a contract to supply more than 2,500 metric tons stainless steel rebar to the Rodanthe Bridge project in North Carolina, USA. Deliveries will be started in Q2 2018 and continue through 2020. The contract is with Harris Rebar to supply domestic fabricated stainless steel rebar in grade XM-28 in sizes #4 through #9. This is the biggest order of domestic made rebar for Outokumpu in the US so far. This 2.4-mile bridge will ensure safe and reliab

Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), today issued the following statement in response to the Environmental Protection Agency announcement to revisit federal greenhouse gas standards for 2022–2025 model year vehicles: "Today's announcement by Administrator Pruitt is a positive development for the steel industry and our partners in the auto sector. In the past, we expressed concern the good faith efforts by our industry an

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that effective April 2, 2018, it has acquired the assets of Berlin Metals LLC, based in Hammond, Indiana. Terms in the all-cash deal were not disclosed. With approximately $50 million in annual sales, Berlin Metals was founded in 1967 and is one of the largest North American service centers processing and distributing prime tin mill products and stainless steel strip in slit coil form. The C

JSW USA announced today its plans to invest up to $500 million to install the most technologically advanced and eco-friendly hot end facility in the world, setting a new industry standard. The project was unveiled before an audience of more than 100 that included Texas Congressman Brian Babin, representatives from U.S. Senators Ted Cruz and John Cornyn’s offices, local economic development officials and employees. Also attending was Parth Jindal, Director of JSW USA and son of the Chair

Huge pipeline of projects tipped for 2018 as global brands make final preparations ahead of Hardware + Tools Middle East. Rising oil prices and increased government spending is fuelling demand in the GCC’s construction sector, with contractor awards across the region’s building, infrastructure and energy markets expected to be worth US$148.7 billion in 2018, a report published today has said.

TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced it will increase prices on: Special bar quality (SBQ) bar products by $50 per ton; SBQ quench-and-tempered bar products by $90 per ton; Seamless mechanical tubing (SMT) carbon-based products by $80 per ton; SMT alloy-based products by $120 per ton; and SMT quench-and-tempered products by $150 per ton.

UAE online portal invites thousands of ‘Ustas’ to see latest technologies at region’s dedicated hardware and tools showcase A UAE online platforms that links professional services with residents seeking reliable home service providers has partnered with the Middle East’s dedicated hardware and tools trade fair, as the two broaden their regional reach and expose the latest technologies in their fields. &nbs