Latest Industry Press Releases More...

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.

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…

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…

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…

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…

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…

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…

Nippon Steel & Sumitomo Metal Corporation  entered into a share purchase agreement in March, 2018 with funds advised by Triton to acquire Ovako AB (“Ovako”) which is headquartered in Sweden and manufactures and sells special steel aimed mainly at the European market. Having completed all necessary procedures including the competition…

On May 31, Liang Yibo, deputy mayor of Changzhou, met with Sachin Satpute, senior vice president of Novelis and president of Novelis Asia, and Liu Qing, managing director of Novelis China and vice president of automobile business at Novelis Asia. They signed a contract expanding the scope of Novelis' project…

Harsco Corporation  announced today the acquisition of ALTEK Group, a U.K.-based manufacturer of market leading products that enable aluminum producers and recyclers to manage and efficiently extract value from critical waste streams, reduce waste generation, and improve operating productivity. Harsco acquired ALTEK, on a debt and cash free basis, for…

Alcoa Corporation  announced that as a result of a temporary power outage at the Warrick Operations smelter near Evansville, Ind., it has shut down one of the three potlines that are part of the Warrick aluminum smelter restart. The decision was made with a focus on safety and to protect…

loader