Nel Hydrogen Electrolyser AS, a division of Nel ASA, has received a purchase order for a 20MW alkaline water electrolyser from Ovako, a leading European manufacturer of engineering steel. The electrolyser will be installed at Ovako’s existing plant in Hofors, Sweden. The fossil-free hydrogen will replace the use of fossil propane gas currently used in the heating furnaces. “We are excited to announce the delivery of electrolyser equipment to Ovako. There is huge potentia

The "U.S. Coated Steel Market Size, Share & Trends Analysis Report By Product (Galvanized, Pre-painted), By Application (Building & Construction, Appliances, Automotive), By Region, And Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering. The U.S. coated steel market size is expected to reach USD 36.71 billion by 2028, expanding at a CAGR of 4.4% over the forecast period. Increasing demand for lightweight automotive parts

TrueCommerce, a global provider of trading partner connectivity, integration, and unified commerce solutions, announced today that ACS Industries, Inc. has adopted its managed service solutions for both supplier and customer enablement. Both solutions, which are integral parts of the TrueCommerce platform, will help the manufacturer of Automotive, Industrial, Green Energy and Cleaning Product components optimize sales and logistics programs. “Adopting the TrueCommerce platform

Nel Hydrogen Electrolyser AS, a division of Nel ASA , has received a purchase order for a 20MW alkaline water electrolyser from Ovako, a leading European manufacturer of engineering steel. The electrolyser will be installed at Ovako's existing plant in Hofors, Sweden, the first plant in the world to use hydrogen to heat steel prior to rolling and hot forming. The fossil-free hydrogen will replace the use of fossil propane gas currently used in heating furnaces at the site. "

Steel River Group Ltd. an Indigenous-owned diversified management, development, and construction consortium, has announced a new partnership with Loon River First Nation . Located in Northern Alberta, approximately two kilometers from the town of Red Earth, the partnership will diversify the Loon River’s economic portfolio by expanding into regional industries such as logging, reclamation and environmental, while leveraging the community’s traditional knowledge and experience.

Desktop Metal  today announced it has qualified the use of D2 tool steel for the Production System™ platform, which leverages patent pending Single Pass Jetting™ (SPJ) technology designed to achieve the fastest build speeds in the metal additive manufacturing industry. Businesses can now leverage SPJ technology for the production of parts in high-strength, high-temperature applications such as cold work metal forming tools, dies, and punches as well as injection molds with co

Opta Group LLC, a portfolio company of Speyside Equity, announced today that it acquired Metcan Industrial Corporation and its group of manufacturing operations on November 1, 2021. Since its incorporation nearly 30 years ago, Metcan Industrial Corp. has established itself as a recognized leader by using state-of-the-art technologies to produce and distribute high- quality, custom-blended synthetic slag for use by steelmakers. "We like this business because Metcan has

Cabot Corporation announced that it has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group for $9 million, subject to customary closing adjustments. The carbon black manufacturing facility was commissioned in 2006 and is located in close proximity to Cabot’s current carbon black and specialty compounds facility in Tianjin, China. The acquisition is expected to support the growth of Cabot’s Battery Materials product line, while continu

Synalloy Corporation, an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed John Zuppo as executive vice president of Synalloy Chemicals, effective November 12, 2021. With this appointment, all of Synalloy’s chemicals subsidiaries will now report directly to Zuppo. With over 20 years of executive leadership experience and an extensive background in the specialty chemicals industry, Zuppo was formerly the CEO

Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announce the winners of the prestigious 12th annual Global Awards for Steel Excellence. The awards shine a spotlight on the groundbreaking innovations in the global steel industry. "This year's winners are a testament to the creativity, passion and perseverance of the global steel supply chain," said Fastmarkets CEO Raju Daswani. "We are honoured to celebrate truly exce