Press Releases
Commercial Metals Company announced that its wholly owned subsidiary, CMC Steel Oklahoma, LLC, has acquired substantially all of the assets of AZZ's Continuous Galvanized Rebar business which, through a proprietary process, produces GalvaBar. GalvaBar is galvanized rebar with a zinc alloy coating that provides both superior corrosion protection and exceptional post-fabrication formability. GalvaBar operates out of a dedicated facility in Tulsa, Oklahoma, and its products are sold thr
Read more...VANCOUVER, British Columbia, July 21, 2020 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces final drill results from its maiden drill program at is wholly owned Hog Heaven Project, which returned multiple significant intervals of high-grade silver, gold an
Read more...21 July 2020
Steel Dynamics, Inc. today announced second quarter 2020 financial results. The company reported second quarter 2020 net sales of $2.1 billion and net income of $75 million, or $0.36 per diluted share. Excluding the impact from the following items, the company's second quarter 2020 adjusted net income was $100 million, or $0.47 per diluted share: Additional financing costs related to the company's June 2020 refinancing activities of approximately $25 million, or $0.0
Read more...Pensmore Reinforcement Technologies, dba Helix Steel is pleased to announce a strategic partnership with Micro Fibras de Acero CR S.A. Through this partnership, Helix Steel will be supplying Helix® Micro Rebar™ to the Costa Rican construction industry. Headquartered in San Jose, Costa Rica, Micro Fibras CR S.A. includes business partners Alberto Apestegui, ME, Enrique Blair, M.Sc., Ricardo Jimenez, and Campion Platt. Each partner is involved in different aspects of archite
Read more...Live Ventures Incorporated, a diversified holding company, today announced the acquisition of Precision Industries, Inc., which does business as Precision Marshall, for approximately $31.5 million in cash. The Washington, Pennsylvania-based independent manufacturer of premium tool steels and specialty alloys was founded in 1948 and is a vital link in the nation’s manufacturing supply chain. The company uses machine applications to transform raw steel into tool-and-die steels needed in t
Read more...18 July 2020
The "Superalloys Market by Base Material and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. According to the report, the Superalloys market was valued at $6.2 billion in 2019 and is anticipated to generate $12 billion by 2027. The market is projected to experience growth at a CAGR of 8.6% from 2020 to 2027. The growth of the global superalloys market is driven by increase
Read more...Air Liquide and NLMK, a leading steel producer in Russia, have entered into a new long-term partnership. Under the agreement, Air Liquide will invest around 100 million euros in the flagship site of NLMK in Lipetsk, a combination of three projects which include the construction of a state-of-the-art Air Separation Unit (ASU), the acquisition of existing hydrogen unit for the steel plant and of the unit for Rare Gases production. This project also provides the base for growth of Air Liquide&rs
Read more...The "Global Specialty Alloys Market (Value, Volume) - Analysis by Alloy Type, End-User, by Region, by Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering. The Global Specialty Alloys Market, a niche segment of the alloy steel market, valued at USD 21.92 billion and 319.04 thousand tonnes by volume in the year 2019 has been witnessing unprecedented growth. Th
Read more...A new U.S. DOT contract for up to five national security multi-mission vessels has been awarded to TOTE Services. This means welcome news for Local 19 (Philadelphia) sheet metal workers employed at the Philadelphia Shipyard where the vessels will be constructed. TOTE has placed an initial order with the Shipyard for the first two vessels, with delivery scheduled to take place in the spring and winter of 2023. “SMART Sheet Metal Workers' Local 19 members are excit
Read more...Siam Construction Steel Company Ltd., Thailand, a subsidiary of Tata Steel (Thailand) Public Company Limited, has successfully commissioned the 80-ton EAF (Electric Arc Furnace) at its site in Rayong after an upgrade by SMS group within only ten months. SMS group’s scope of supply included a new CONDOOR® slag door (enhanced automatic slag door) and a new advanced electrode regulator, known as AEREG. The aim of the upgrade was to improve the furnace seal and thus to increas
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