Press Releases
Steel Dynamics, Inc. announced the completion of the acquisition of Zimmer, S.A. de C.V. ("Zimmer"), as part of its raw material procurement strategy to support its new Texas flat roll steel mill, which is planned to begin operations mid-year 2021. The transaction was funded with available cash. Zimmer is headquartered in Monterrey, Mexico and operates a ferrous and nonferrous scrap metals recycling business. Zimmer's primary operations are comprised of six scrap proce
Read more...4 August 2020
Reportlinker.com announces the release of the report "Global Nickel Alloys Industry" - https://www.reportlinker.com/p05899970/?utm_source=GNW 5% over the analysis period 2020-2027. Corrosion Resistant, one of the segments analyzed in the report, is projected to record a 1.9% CAGR and reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Heat Resistant segment
Read more...In May 2020, Primetals Technologies received the final acceptance certificates (FAC) for a fully automatic dummy bar top feeding system for the CC3 two-strand continuous caster of Baoshan Iron and Steel Co Ltd. (Baosteel) at Steelworks No. 1 in Shanghai. With the new solution the operator starts the fully automatic insertion of a dummy bar into the mold and the fully automatic takeover from hoist to car each by pushing only one button. To witness and validate the position of all moveable comp
Read more...1 August 2020
The "Mining Equipment Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering. The global mining equipment market is anticipated to record a CAGR of 8.14%, during the forecast period, 2020-2025. Mining, as an industry, involves huge capital investment, of which, over one-third is for equipment. Any country that hosts mining operations is bound to have monetary, labor employment, and local industrial benef
Read more...Novotroitsk-based Ural Steel (part of Metalloinvest) has produced rolled plate for the steel structures for NOVATEK-Murmansk’s Offshore Superfacility Construction Center. The enterprise supplied 71 thousand tonnes of rolled plate of steel grades C245, C255, C345, C355, C390, C440, 10KhSND to Ak Bars Metal, Kamsky Steel Structure Plant TEMPO, KONAR, JVK-Cimolai and Kurganstalmost, which produced steel structures for this project. Metalloinvest is one of the leading do
Read more...K-Weld technology will increase productivity and efficiency, maintaining product quality Henan Jiyuan I&S in China contracted Danieli to upgrade its 150-tph rebar mill with Endless Welding Rolling technology. With the addition of a new K-Weld machine, billets will be joined at mill entrance to form a continuous billet, allowing endless rolling thus improving productivity and efficiency. Danieli EWR systems feature independent burr cleaning and preserve final product-qu
Read more...Business Wire IndiaThe Non-Woven Federation of India (NWFI) has said that restrictions on exports of Spunbond nonwoven fabrics and various types of masks are hurting the domestic industry and is demanding the removal of various restrictions.The Federation represents regional associations of approx. 1000 Spunbond Nonwoven Fabric Manufacturers and its Convertors (finished products) in India.In view of Covid-19 cases, the Directorate General of Forei
Read more...30 July 2020
The two-stage project will extend thin-slab caster metallurgical length to accommodate increased meltshop output OMK Vyksa Works in Russia contracted Danieli to modernize a thin-slab casting and rolling plant, supplied by Danieli in 2005. In a two-stage project, Danieli will extend the single-strand slab caster to increase its metallurgical length from 14.2 m to 17.3 m. The caster extension is part of a broader strategy to ensure the plant's ability to absorb the addit
Read more...30 July 2020
As per the report published by Fior Markets, the global nickel alloys market is expected to grow from USD 13.14 billion in 2019 and to reach USD 17.84 billion by 2027, growing at a CAGR of 3.9% during the forecast period 2020-2017. The nickel alloys market is witnessing significant growth from the past years. This growth is attributed to the increasing use of corrosion-resistant alloys, rising investments, and an increasing number of aircraft deliveries. For instance, China’s
Read more...MALVERN, Penn., July 29, 2020 (GLOBE NEWSWIRE) -- VPG Foil Resistors, a product group of Vishay Precision Group, Inc. (NYSE:VPG) and a manufacturer of the industry’s most precise and stable precision resistors, today announced that Analog Devices has approved
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