At the end of 2019, Baoshan Iron and Steel Co Ltd. (Baosteel) commissioned an integrated control center (ICC) for the CC3 two-strand continuous caster. The work was carried out in collaboration with Primetals Technologies at the company's Steelworks No. 1 in Shanghai. This established an integrated control center for the operation and monitoring of the entire plant. The objective was to reduce the number of personnel working in the hazardous area (liquid steel area) and to relocate the wo

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KKSP Precision Machining, LLC , a portfolio company of Mill Point Capital, announced today that it has acquired Prime Engineered Component, Inc., a manufacturer of aluminum, brass and stainless steel custom metal components. Prime, based in Watertown, CT, has more than a 50 year history of excellence in precision machined components serving a diverse set of customers and end markets including defense, medical, automotive, and aerospace. With its 85+ multi-spindle screw machines, CNC

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The high strength steel market is expected to grow by USD 14.51 million during 2020-2024, according to the latest market research report by Technavio. Request a free sample report In the automobile industry, high strength steel is used to manufacture lightweight and fuel-efficient vehicles. These steels are extensively used in manufacturing frame structures, bumpers, chassis, fuel tank guards, and other parts of automobiles. These help in improving the crashworthiness and fuel-effic

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Alloy Steel International, Inc. announced the acquisition of core intellectual property utilized by AYSI in its production of key products. AYSI Board Chairman, Alan Scott, stated that over recent years, the AYSI Board has pursued within its group of companies complementary strategies of business expansion and consolidating all of the assets and activities that it considered to be core holdings or functions. While AYSI's work to expand the product types and product spe

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Tata Steel India has awarded SMS group the order to supply a slab conditioning line (scarfing line) for its Kalinganagar works. Full-surface scarfing is a surface removal process used for eliminating surface and subsurface defects in slabs. Several car manufacturers specify this treatment as a requirement for steel used in car body applications. The new scarfing line will enable Tata Steel to open a new market segment for its Kalinganagar works by meeting the requirements of the aut

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The "Metal Recycling Market by Metal (Ferrous and Non-Ferrous), Scrap Type (Old Scrap and New Scrap), End-Use Sector (Construction, Automotive, Shipbuilding, Equipment Manufacturing, Consumer Appliances), Equipment, and Regions - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The total market size of metal recycling was USD 49.47 Billion in 2019 and is projected to reach USD 76.16 Billion by 2025, rising at a CAGR of 7.85%. The mar

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Acerinox has formalised the acquisition of VDM Metals having received authorisation from the European, US and Taiwanese competition authorities. Yesterday, the CEO of Acerinox, Bernardo Velázquez, and the President and Managing Partner of Lindsay Goldberg Vogel (former holding company of VDM Metals), Thomas Ludwig, signed the agreement, through their representatives, for the company with headquarters in Germany to form part of Acerinox. The transaction is valued at

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Business Wire IndiaMr. Vasudev Jhanwar, Managing Director – Ramkrishna (Jhanwar) Group

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