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Steel Industry Press releases cover all the latest press releases in Steel industry. Our Global Steel Industry Press releases are highly accurate official statements on mergers, acquisitions, trade agreements, business expansions, competitions, propositions and so on.

ArcelorMittal (‘the Company’) announces that, in-line with the Indian Supreme Court ruling dated 4 October 2018, it has approved a payment of 7,469 crore rupees (c. $1 billion) to the financial creditors of Uttam Galva and KSS Petron to clear overdue debts in order that the offer it submitted for…

Material Sciences Corporation (MSC) announces that the company has joined the National American Steel Alliance (NASA). Since 1951, MSC, has been championing innovation in quality, flexibility and cost-effectiveness to the automotive, construction and consumer goods industries. Backed by state-of-the-art coating lines; cutting-edge lightweighting technologies; noise, vibration and harshness products; and…

Continuing its efforts to strengthen country’s infrastructure and provide cost effective solutions to construction sector, Steel Authority of India Ltd. (SAIL) has become the first domestic steel maker to successfully roll NPB–750 (NPP-750) Narrow Parallel Flange Beams. The depth of NPB-750 will be 750 millimetre with three different sectional weights…

ArcelorMittal (‘the Company’) today announces that it has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia) and ArcelorMittal Piombino (Italy). The four assets are part of a divestment package the Company agreed with the European Commission…

Novelis (China) just held the groundbreaking ceremony for a new facility at Changzhou National Hi-Tech District. With the addition of US$72 million to the registered capital and a further investment of US$218 million, the facility is meant to expand production capacity of premium automobile aluminum sheets by 100,000 tons. Once…

Novelis, the global leader in aluminum rolling and recycling, today hosted members of the community, customers and government officials to break ground on the expansion of its automotive aluminum manufacturing facility in Changzhou, China. The $180 million investment will double the facility's production capacity of heat-treated aluminum sheet by 100,000…

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…

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…

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…

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…

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