Press Releases
23 May 2020
According to the new market research report "Long Steel Market BY Process (Basic Oxygen Furnace, Electric Arc Furnace), Product Type (Rebar, Merchant Bar, Wire Rod, Rail) End-Use Industry (Construction, Infrastructure, Others), And Region (NA, Europe, APAC, MEA, SA) - Global Forecast To 2025", published by MarketsandMarkets™, the Long Steel Market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to
Read more...Cleveland-Cliffs Inc. announced that its wholly-owned subsidiary, AK Steel, is increasing current spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective immediately with new orders in North America. About Cleveland-Cliffs Founded in 1847, Cleveland-Cliffs is among the largest vertically integrated producers of differentiated iron ore and steel in North America. With an emphasis on non-commoditized products,
Read more...Optomec a leading, privately-held global supplier of production-grade additive manufacturing equipment and software today announced it is now offering integrated robotic automation for its Huffman line of production 3D Metal Additive Repair machines. The solution combines Optomec’s best-in-class Huffman line of production laser cladders together with a Fanuc LRMate 200, a compact, six-axis industrial robot with the approximate size and reach of a human arm. This robotic integr
Read more...20 May 2020
Business Wire India ‘GPMA’ request Government to compensate “COVID-19” damages by giving relief in container demmurage, detention, ground rent, interest, etc. as a result of huge backlog of containers carrying waste paper, lying at ports
Read more...Business Wire IndiaUninterrupted service while ensuring safety and health of the workers is a key focus The safety training was conducted for the entire onsite staff at NTPC’s Gadarwara Super Thermal Power Station at Narsinghpur, Uttar Pradesh. Tips to reduce the risk of workers’ exposure to coronavirus were given by senior members; face masks were distributed among staff members at the end of the session.
Read more...The "World Metal Statistics 2020" newsletter has been added to ResearchAndMarkets.com's offering. "World Metal Statistics 2020" is a monthly report which includes the latest production, consumption and trade of major non-ferrous metals, listed on a country by country basis. Chapters for aluminium, copper, lead, nickel, tin and zinc contain world pages for mine and refined production, consumption of the refined metal, trade and stocks. There ar
Read more...United States Steel Corporation announced a four-year agreement to sell substantial volumes of quality iron ore pellets to Ontario, Canada based Algoma Steel Inc. (“Algoma”). The purchase agreement, which runs from 2021 through 2024, provides incremental volume and a new long-term iron ore customer for U. S. Steel’s Minnesota mines. “As a top North American iron ore producer, U. S. Steel is pleased to partner with Algoma to ensure they have the substant
Read more...The European steel industry in crisis again? Sure enough, the industry is currently facing a perfect storm of collapsing demand, prices and high iron ore costs. This will naturally be attracting our clients' time and resources. But it is especially important in such downcycles to take a strategic view of the future and anticipate structural change. Underlying pressures from global excess supply and low-cost international competition continue. However, as outlined in this Insight, European
Read more...Arcanum Alloys, Inc., a steel technology and manufacturing company located in greater Grand Rapids, MI, is pleased to announce the launch of a new electrical steel under the trade name Opticore™. This product is specifically designed to meet the increased demand for high-quality electrical steels brought on by the electrification of the transportation sector, and the infrastructure improvements needed to supply the corresponding demand for electric power. In addition to thes
Read more...14 May 2020
Aligned with their core focus to Build, Protect, Energize and Move the world through metal fabrication, AT&F has made another major investment in a 5-axis, 10K fiber optic laser machine. This equipment was recently installed and is now actively cutting parts. The cutting envelope is 10 feet wide by 60 feet long and is equipped with a shuttle table system, allowing for continuous production around the clock. AT&F was one of the first fabricators in the country to adopt large
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