In late February, 2021 Primetals Technologies has received the final acceptance certificate for a new downcoiler installed at PJSC “Ilyich Iron and Steel Works of Mariupol” (Ilyich Steel), Ukraine. With this new hydraulic downcoiler Ilyich Steel extended its product range while improving coil telescopicity and winding density. The maximum coil weight was increased from 27 to 32 tons and the strip thickness from 8 to 16 mm at a hot yield stresses up to 400 MPa. This opens the futur

Alcoa Corporation announced new agreements with multiple power generators for the Portland Aluminium Smelter in the Australian state of Victoria. The five-year agreements with AGL, Alinta Energy and Origin will each commence August 1, 2021, when an existing agreement with AGL expires on July 31, 2021. The Australian Federal Government has committed, subject to approval, to provide up to $14.8 (A$19.2) million per year for four years to underwrite the smelter’s participation in

Air Liquide and ArcelorMittal have signed a Memorandum of Understanding (MOU) with the objective of implementing solutions to produce low-carbon steel in Dunkirk. The two companies are joining forces to transform the steel production process through the development of innovative solutions involving low-carbon hydrogen and CO2 capture technologies. This partnership is the first step towards the creation of a new low-carbon hydrogen and CO2 capture technologies ecosystem in this major industria

Steel Dynamics, Inc. provided first quarter 2021 earnings guidance in the range of $1.88 to $1.92 per diluted share. Excluding the impact from costs associated with the construction of the company's Sinton Texas Flat Roll Steel Mill growth investment of $18 million, or $0.06 per diluted share, the company expects first quarter 2021 adjusted earnings to be in the range of $1.94 to $1.98 per diluted share, which could represent a record earnings quarter for the company. Comparativ

The global seamless steel pipes market is set to reach US$ 168 Bn in 2021, with a new study by Fact.MR projecting 7% CAGR through 2031. The latest report by Fact.MR on seamless steel pipes market finds that growing demand from the oil refineries, power plants and automotive industries will spur sales of seamless steel pipes. Europe and US collectively account for leading market share backed by the high presence of oil & gas industries. Ongoing and upcoming oil & gas projects will also

Reportlinker.com announces the release of the report "Global Stainless Steel Industry" - https://www.reportlinker.com/p06032996/?utm_source=GNW In addition to being a global intelligence exchange platform, MarketGlass™ is a powerful knowledge center that delivers dynamic project-focused market intelligence. Client companies will have complete insider access to the project Data stack. - Interactive peer-to-peer and enterprise-to-enterprise ideation and market inte

TimkenSteel Corp., a leader in customized alloy steel products and services, announced it will increase base pricing on special bar quality (SBQ) products 3.500" and below by $55 per ton and $40 per ton for sizes above 3.500". This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning May 3, 2021. All surcharge mechanisms remain in effect. About TimkenSteel Corporation TimkenSteel manufac

Thyssenkrupp Steel Europe AG, Germany, awarded Danieli Centro Combustion the order to supply two new complete walking-beam furnaces for steel slabs for the Bruckhausen hot-rolling mill #4, located in Duisburg. The project is part of TKS strategy 2030 and the startup of the slab-reheating furnaces is scheduled for the beginning of 2024. The new Danieli Centro Combustion walking-beam furnace will achieve high production while reducing the energy consumption, NOx emissions an

Desktop Metal, Inc., a leader in mass production and turnkey additive manufacturing (AM) solutions, and Uniformity Labs, a leading additive manufacturing company that is revolutionizing industrial 3D printing materials and processes, announced a breakthrough powder that enables aluminum sintering for binder jetting AM technology. This new powder is the result of a multi-year collaboration between the companies to develop a low-cost, raw material yielding fully dense, sinterable 6061 aluminum

The ExOne Company, the global leader in industrial sand and metal 3D printers using binder jetting technology, announced that aluminum alloy 6061 is now a Customer-Qualified material in collaboration with Ford Motor Co. A new patent-pending process to binder jet 3D print and sinter the material delivers rapid and repeatable results: 99% density and material properties comparable to die casting. Additional collaborative and individual patents are expected to be filed by Ford and ExOn