SSAB, LKAB and Vattenfall are taking the next important step to be the first in the world with a value chain for fossil-free steel. Within the framework of the HYBRIT initiative, preparations are now under way for the construction of a demonstration plant on an industrial scale, and consultations have  begun for deciding on placement of the plant in Norrbotten, Sweden. The plan is for construction to start in 2023, with the goal of taking the plant into operation in 2025. 

Featuring the most advanced gauge-control performed by powerful HiPAC platform High-quality market requirements led Marcegaglia to revamp its 4-hi plate mill in San Giorgio di Nogaro, Italy. Danieli Automation Service Team envisioned a tailor-made solution that includes both automation and mechanical modernization. On the mechanical side, new hydraulic cylinders will be installed to support conventional electromechanical screw-down gears, thus improving response

Sandvik has completed the previously announced acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions. In 2019, QCT's cutting tools division generated revenues of about 90 million SEK with 130 employees. The deal has a limited impact on earnings per share from the start. QCT's cutting tool division will be part of Seco Tools, a division within Sandvik Machining So

Business Wire IndiaPlywood is one of the basic materials and most essential component needed to give a proper finishing as well gorgeous look to a home, prepare furniture, boats and other important stuff. It is a known fact that there are diverse varieties of plywood being produced and sold in the market like commercial plywood, marine plywood, calibrated plywood, shuttering plywood, softwood plywood, hardwood plywood, tropical plywood, aircraft plywood, block board and

Olympic Steel Inc., a leading national metals service center, today announced the opening of its newest 120,000-square-foot metal processing facility, located in Buford, Georgia. The location expands the Company’s southeastern region footprint, which also includes facilities in Locust, North Carolina; Winder, Georgia; and Hanceville, Alabama. The Buford facility will act as the region’s primary flat rolled fabrication hub, with first-stage metal processing anchored in th

L-com, an Infinite Electronics brand and a preferred manufacturer of wired and wireless connectivity products, announced today that it has released a new line of stainless steel NEMA-rated, weatherproof equipment enclosures that can be used to house and protect valuable equipment in harsh environments. L-com's new NBSS-series stainless steel enclosures are available in 12x10x06 and 14x12x07-inch sizes and feature rugged 16-gauge, brushed 304 stainless steel construction. Additio

Shougang Zhixin Qian’an Electromagnetic Material, China, has awarded an order to SMS group for the supply of two annealing and coating lines for electric steel strip. The lines will expand the annual production capacity of fully-finished non-grain- oriented electric steel strip with high silicon content at the existing production location in Hebei province by 360,000 tons. In both annealing and coating lines, the internal microstructure of the cold rolled material will be adjusted durin

To consolidate its market position by upgrading its existing production capacity, a customer in the People’s Republic of China has signed a contract with Primetals Technologies for three high-speed wire rod mills in the northern region. The new mills improved thermo-mechanical rolling capabilities will complement additional mills moving into the company’s main production base. Start-up is expected in mid- to late 2020. The scope of supply for the single-strand high-speed

Novolipetsk’s new generation blast furnace No. 7 is the most advanced of its kind in Russia and one of the most productive blast furnaces in the world. Output: 4.2 million tonnes of pig iron a year Investment in the project: over 43 billion rubles First batch of pig iron made in 2011 Number of employees: 137 Blast furnace No. 7 is the first and only blast furnace built in a post-Soviet country in the past 25 years and

Steel Dynamics, Inc. announced that the company's board of directors has declared a quarterly cash dividend of $0.25 per common share.  The dividend is payable to shareholders of record at the close of business on June 30, 2020, and is payable on or about July 10, 2020. About Steel Dynamics, Inc. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals