Press Releases
28 October 2020
NLMK Lipetsk has commenced a project to overhaul its pre-painting line (PPL-1) with a productivity of 195,000 tonnes of pre-painted steel per year. This upgrade will enable the company to increase strip quality, double the output of premium pre-painted steel grades, and reduce production costs. The line overhaul will include the installation of a more energy-efficient water cooling system. Additionally, the PPL will be equipped with thickness meters to control the thickness of the p
Read more...27 October 2020
U. S. Steel announced the successful start-up of its newly constructed, technologically advanced electric arc furnace (EAF) steelmaking facility at its Fairfield, Alabama, operations. The EAF start-up is the latest milestone providing customer value through the company’s “Best of Both” integrated and mini-mill technology strategy. Commenting on the start-up, U. S. Steel President and Chief Executive Officer David B. Burritt said, “The EAF significantly enhanc
Read more...27 October 2020
The Sheet Metal market will register an incremental spend of about USD 61 billion, growing at a CAGR of 3.76% during the five-year forecast period. A targeted strategic approach to Sheet Metal sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Download free sample pages Key benefits to buy this report: What are the market dynamics? What a
Read more...26 October 2020
The "United States Coal Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The coal market in the United States is expected to decline at a CAGR of more than 3% in the forecast period of 2020-2025 Despite decreasing production, the market is expected to be driven by the metallurgical, cement, and other end-user industries. Although power generation from coal-fired power plants is falling, existing
Read more...24 October 2020
LIBERTY Steel, part of sustainable industry leader GFG Alliance, has this week restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel (“Adhunik”) following the acquisition of the steel businesses in February 2020. The restart has been achieved in just six months following intensive work to prepare the site for their return to steelmaking operations after the previous owner fell into administration. Adhunik is an integrated steel plant locate
Read more...23 October 2020
The ExOne Company , the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced that it was recently awarded a contract to develop binder jet manufacturing processes for a novel steel alloy for the United States Air Force Research Laboratory (AFRL). Awarded by the National Center for Defense Manufacturing and Machining (NCDMM) on Sept. 1, the contract aims to develop and qualify AF-9628, a high-strength steel developed by the Air Force
Read more...23 October 2020
Steel industry associations in the Americas, Europe, Asia and Africa renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity (GFSEC). Steel industries throughout the world expressed tremendous concern about the recent increase in steel overcapacity at a time when steel demand is severely depressed by the COVID-19 pandemic, reversing a trend of gradual decreases in overcapacity in the three years after
Read more...22 October 2020
In June 2020, Primetals Technologies received the final acceptance certificate (FAC) for revamping No. 2 continuous pickling line for Kakogawa Works of Kobe Steel, Ltd. An iBox replaced the existing pickling tank, and it demonstrated the improved productivity of high-strength strips for automobiles, saving of energy, and reduction of acid solution consumption in operation after the revamping work completion. In the revamping work, a polypropylene iBox superior in chemical resistance
Read more...According to the report published by Allied Market Research, the global electrical steel market garnered $15.0 billion in 2019, and is expected to generate $21.0 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, key winning strategies, top investment pockets, top segments, value chain, and competitive scenario. Rise in demand from energy generation & transmission industries and surge in deployment of
Read more...21 October 2020
NLMK Clabecq, the leading Belgian producer of thin premium steel plates and a company of NLMK Group, has embarked on a 30 million euro project to upgrade its rolling mill, continuing to position itself as a key player in the thin-gauge steel plate market and in particular quenched and tempered steel plates. NLMK has succeeded in implementing the first part of its transformation plan launched in 2019. Operational improvements re-affirm the target of focusing on thin gauge and high st
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