Press Releases

Tata Power, India’s largest integrated power company, announced that TP Saurya Limited, the wholly owned subsidiary of The Tata Power Company Limited, has signed a Power Purchase Agreement with Tata Steel Limited (TSL) to develop a 15 MW solar project at Jamshedpur, Jharkhand. The energy will be supplied to TSL under a Power Purchase Agreement (PPA) valid for a period of 25 years from scheduled commercial operation date. The project is required to be commissioned within 6 mont

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Mikhailovsky HBI, which was jointly established by USM and Mikhailovsky GOK (part of Metalloinvest), signed a contract with Primetals Technologies and consortium partner Midrex Technologies, Inc. to supply a new Hot Briquetted Iron (HBI) Plant in Zheleznogorsk, Kursk region, Russia. The plant is designed to produce 2.08 million metric tons of HBI per year. Latest design features ensure reduced energy consumption and environmental impact. The contract includes engineering, supplies and advisor

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Spyder® unveiled its highest-performance drilling accessories yet — the new STINGER™ Mach-Blue™ high-speed steel (HSS) bits for wood and metal drilling, which will be available as a home center exclusive at Lowe's. The bits mark the debut of Spyder's proprietary Mach-Blue™ armor plating, an ultra-hard surface plating that helps retain sharp cutting edges and reduce heat build-up, resulting in faster cuts and exceptionally long life. The Mach-Blue&

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EVRAZ has agreed to supply TMK with billets for seamless pipes in 2021–2022. Over these two years, EVRAZ NTMK will produce and deliver to TMK over 160 thousand tonnes of rolled pipe billets using formula pricing. The billets will mainly be supplied to TMK’s Sinarsky Pipe Plant. “We are pleased to continue our long-standing partnership with TMK entities. The agreement will guarantee fair pricing for the products as well as streamline utilization planning o

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Turkish steel manufacturer Kardemir (Karabük Demir Çelik Fabrikalari A.S.), based in Karabük, has placed an order with SMS group for the replacement of selected key components of its wire rod mill. The wire rod mill to be modernized is part of the SBQ (Special Bar Quality) plant supplied by SMS group in 2013, which has an output of 700,000 tons of bar steel, bar-in-coil and wire rod every year. The aim of the modernization is to produce more compact coils

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At Guilin Pinggang Iron and Steel Co., Ltd. (Guilin Pinggang), a Chinese steel producer, an EAF Quantum electric arc furnace with a tapping weight of 120 metric tons and a 120 metric ton twin ladle furnace supplied by Primetals Technologies were started-up in December 2020. The furnaces were set up in a new production facility in Pingle near Guilin in Guangxi Province, which is intended to serve the growing market for rebars. The EAF Quantum is designed to handle scrap steel of varying compos

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Danieli India has executed the revamping of the lower housing part of vertical edger for the existing HSM -1 at JSW Steel Vijayanagar Works, which was designed, manufactured at Danieli India design and manufacturing center, in Chennai. Danieli Service performed a detailed mill audit, checking wear and tear conditions of the edger stand and other associated equipment, and developed an engineering solution aiming for a quick restoration of the damaged edger housing to original dimensi

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Nucor Corporation announced plans to build a third TrueCore manufacturing facility to be located in Brigham City, Utah. The 120,000 square foot facility will manufacture insulated wall and roof panels using state-of-the-art continuous line equipment. The new facility is expected to be operational in 2022 and will employ 50 teammates. "We are excited to be building our third TrueCore facility in the last three years. Locating in Utah will give us a national footprint and allow u

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TimkenSteel Corp., a leader in customized alloy steel products and services,announced it will increase base pricing on all special bar quality (SBQ) products by $40 per ton. This increase is applicable to orders not already covered by pricing agreements and is effective for shipments beginning April 5, 2021. All surcharge mechanisms remain in effect. About TimkenSteel Corporation TimkenSteel manufactures high-performance carbon and alloy steel products in Can

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NanoAL, LLC announced that it has entered into a commercial license agreement with Mitsubishi Corporation RtM Japan Ltd. (RtMJ) to bring its award-winning Addalloy® series of advanced aluminum alloy powders to the high-growth metal additive manufacturing market in Asia. The companies also signed a memorandum of understanding for potential partnerships for additional advanced aluminum alloy products from NanoAL, including aluminum castings and rolled sheets for the automotive and other ind

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