Press Releases

Feintool has received a multi-year contract from a renowned European original equipment manufacturer. The contract includes the delivery of stators and rotors used in the manufacturing of electric main drives for electric vehicles and has a lifetime volume in the triple-digit million Euro range. Feintool's innovative and patented adhesive packaging connection (glulock HT) will also be used in production. With its optimized mechanical and electromagnetic properties, it is ideally

Zoomlion Heavy Industry Science & Technology Co., Ltd.  won the global bid for tower cranes for constructing the Lusail Stadium, the venue of this month's feast of football. Its eight TC8039-25 tower cranes were used for its construction, from 2018 to 2021. Now, the stadium is hosting 10 games in the tournament, including the final on December 18. The newly constructed Lusail Stadium has set six world records including being the largest single building with a double cab

Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany, and is now planning the development of a larger-scale pilot plant to further assess its potential to help decarbonise the steel value chain.The process, known as BioIron, uses raw biomass instead of metallurgical coal as a reductant and microwave energy to convert Pilbara iron ore to metallic iron in the steelmaking process. BioIron&trade

Northwest Pipe Company a leading manufacturer of water-related infrastructure, was recently selected by S.J. Louis Construction and Alliance Regional Water Authority to produce engineered steel pressure pipe for Alliance Regional Water Authority Phase 1B-Segment D Phase 1B is the second and largest phase of construction for this major water infrastructure project in Central Texas. When complete, Phase 1B will initially produce, treat, and deliver approximately 5,500 acre-feet of wat

The Canned Good Coalition, developed by steel food manufacturers and canned food companies to promote the infinite recyclability and food waste abatement of the steel food can, donated near 80,480 pounds of fruits, vegetables and beans in steel cans to those thCanned Good Coalition members reached out to Publix Super Markets and various food banks, such as All Faiths Food Bank and Harry Chapin Food Bank of South Florida, to provide wholesome, shelf-stable foods at a time when many Floridians

Northwest Pipe Company a leading manufacturer of water-related infrastructure, was recently selected by S.J. Louis Construction and Alliance Regional Water Authority to produce engineered steel pressure pipe for Alliance Regional Water Authority Phase 1B-Segment D Phase 1B is the second and largest phase of construction for this major water infrastructure project in Central Texas. When complete, Phase 1B will initially produce, treat, and deliver approximately 5,500 acre-feet of wat

Sumitomo Corporation of Americas announced today its investment in ClearBlade, an Internet of Things company headquartered in Austin, Texas. SCOA's investment will help the company expand its operations internationally and provide SCOA and affiliated companies' access to ClearBlade's world-class software. ClearBlade's IoT, Edge, and AI software has been in use at some of the largest companies in North America, spanning several industries including transportation, ene

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced today it has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from Fiduciary Real Estate Development, Inc. JVM will rename the apartment community to The Bluffs. "We are thrilled to add another best-in-class investment opportunity to our growing portfolio," said Jay Madary, president and CEO o

RIMS, the risk management society, presented Tata Steel Limited with the 2022 ERM Global Award of Distinction at the RIMS ERM Conference 2022. The award recognises Tata Steel’s outstanding ERM achievements that have enabled the organisation to streamline processes, strengthen collaboration across the enterprise and achieve strategic objectives.   Given the dynamic and uncertain business landscape it operates in, Tata Steel has developed and deployed in-house its ERM frame

POSCO Group CEO Jeong-woo Choi was named 'CEO of the Year' at the 10th Global Metals Awards held by S&P Global Commodity Insight in London on 27th Oct. S&P Global Commodity Insights - the world's biggest information analysis provider in the steel, raw material and energy sector - has awarded companies and individuals who delivered outstanding achievement in 17 areas."Since established in a small fishing village in Pohang in 1968, POSCO has become one of the