Press Releases

Russel Metals Inc. announces that it has closed its acquisition of Sanborn Tube Sales of Wisconsin, Inc. ("Sanborn"). Sanborn is a metals service center with a heavy emphasis in value-added processing.  The Sanborn operation, based in Pewaukee, Wisconsin, is in close proximity to our three Wisconsin service centers and offers the opportunity for the combined business to expand our product offering.  Over the past several years, Sanborn generated annual sales of a

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The Stainless Steel Market is poised to experience spend growth of more than USD 27 billion between 2020-2024 at a CAGR of over 4.99%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages Read the 120-page research report with TOC and LOE on "Stainless Steel Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insigh

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ZK International Group Co., Ltd, a designer, engineer, manufacturer, and supplier of patente.d high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce that xSigma Corporation, a wholly owned subsidiary of the Company, has completed the smart contract development of xSigma's DeFi platform. This marks an important milestone for xSigma as it systematically builds out the ecosystem of the xSigma DeFi protocol.

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The "Steel Long Products - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering. Global Steel Long Products market accounted for $469.80 billion in 2019 and is expected to reach $844.13 billion by 2027 growing at a CAGR of 7.6% during the forecast period. Some of the key factors propelling the market growth include Replacement of structurally deficient infrastructure, expansion of the construction industry, and increas

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The "Galvanized Steel Market Research and Analysis, 2020 - Trends, Growth Opportunities and Forecasts to 2030" report has been added to ResearchAndMarkets.com's offering. Galvanized Steel Market report 2020 presents a strategic analysis of the global Galvanized Steel market over the forecast period from 2020 to 2026. The report presents a unique perspective on the future landscape of how COVID-19 transformed Galvanized Steel growth prospects. The overall econ

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ArcelorMittal Dofasco announced a coating addition of its No.5 Hot-Dipped Galvanizing Line in Hamilton, ON to Aluminum Silicon (Alusi®) for the production of ArcelorMittal’s patented Usibor® Press Hardenable Steel for automotive structural and safety components. With the investment, ArcelorMittal Dofasco will become the only Canadian producer of Alusi® Coated Usibor®. This investment complements additional strategic North America developments announced previous

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Russel Metals Inc. announces that it has entered into an agreement to acquire Sanborn Tube Sales of Wisconsin, Inc. ("Sanborn").  The closing is expected to occur on or prior to December 31, 2020. Sanborn is a metals service center with a heavy emphasis in value-added processing.  The Sanborn operation, based in Pewaukee, Wisconsin, is in close proximity to our three Wisconsin service centers and offers the opportunity for the combined business to expand our prod

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TimkenSteel Corp., a leader in customized alloy steel products and services, announced it will increase prices on seamless mechanical tubing (SMT) products by $40 per ton. These increases are effective immediately with new orders received, and for all shipments beginning March 1, 2021. All surcharge mechanisms remain in effect. About TimkenSteel Corporation TimkenSteel manufactures high-performance carbon and alloy steel products in Canton, OH serving demandi

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CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, announced today the acquisition of Dahlquist Machine, Inc. (“Dahlquist Machine” or the “Company”), a provider of precision machined components primarily for the medical and instrumentation end markets, by an affiliate of CORE, Incodema Holdings LLC (“Incodema”). Founded in 1969 and headquartered north of Minneapolis in Ham Lake, Minnesota, Dahlquist Machine special

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Rio Tinto is investing $8.4 million to expand the recycling capacity of its aluminium operations in Saguenay-Lac-Saint-Jean, Quebec, to offer rolled product customers in North America a new, sustainable solution combining low-carbon and recycled aluminium. A new remelt furnace will be added at the Laterrière Plant’s casting centre to recycle aluminum cuttings from Rio Tinto’s operations and rolling mill customers in manufacturing sectors, producing rolling ingots

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