Press Releases
The effect of China’s bold approaches to contain the rapid spread of coronavirus is recognized by international community. The organizers of wire & Tube China are pleased to see that greater number of wire, cable and tube manufacturers in mainland China have resumed production gradually with a steadily increasing production capacity. Many companies havereached out to us recently to inquire about the plans and booth reservation status of wire & Tube China 2020. As the org
Read more...12 March 2020
As per the report published by Global Market Insights, Inc., the structural steel market was valued at $285 billion in 2019 and is projected to surpass $500 billion by 2026, registering a CAGR of 7.5% from 2020 to 2026. The report provides a detailed assessment of the market size and estimations, competitive scenario, key investment pockets, drivers and opportunities, top winning strategies, and wavering market trends. As per the market analysis, structural steel is widely used in t
Read more...10 March 2020
Hannibal Industries announces it is the first company to address the impact of new codes under ASCE 7-16 regarding storage rack system designs. The new code went into effect in January of this year and has caused most companies to scramble to find ways to comply, however Hannibal Industries has been at the forefront of the new codes since before they were implemented. Not only have the new codes been addressed to the team at Hannibal Industries, but TubeRack inventor Andrew Kirby ha
Read more...7 March 2020
In 2019, two LiquiRob systems from Primetals Technologies commenced operation at the Meishan plant of Chinese steel producer Baoshan Iron & Steel Co. Ltd. (Baosteel). Commissioning only took four to five days. Additionally, an order was placed to supply a LiquiRob system for Baosteel´s Zhanjiang plant. This raises the total number of LiquiRobs operating in Baosteel plants to five. The projects followed successful commissioning and operation of two robot systems supplied to Baosteel
Read more...Nucor Corporation announced that Nucor-JFE Steel Mexico, S. de R.L. de C.V. (Nucor-JFE), located in Silao, Guanajuato in central Mexico, has begun operating its continuous galvanizing line, which will produce hot-dip galvanized sheet steel for the automotive market. "We are excited to expand our presence in Mexico and to use our local sales network to increase our sales into this important automotive market," said Leon Topalian, President and CEO of Nucor. "We are pro
Read more...Business Wire IndiaPratt & Whitney's Eagle Service Asia facility in Singapore overhauls GTFPratt & Whitney,
Read more...Nippon Steel Corporation has established a rolling process to manufacture steel beams with depth of up to 1,200mm, which is about 20% greater than its existing large-sized beams, and, by expanding the range of structural H-shapes NSHYPER BEAM TM products, in particular by increasing the super large sizes available to customers, will start selling the beams, using the new brand MEGA NSHYPER BEAM™, in April 2020. In October 1961, the Sakai mill of Nippon Steel’s Wakayama W
Read more...U. S. Steel has closed on the purchase of POSCO-California Corporation (POSCAL)'s 50% partnership interest in USS-POSCO Industries (UPI), effective February 29, 2020. After a long, collaborative relationship, U. S. Steel and POSCAL concluded that ownership of UPI by a single group represents the best opportunity for UPI to continue operating effectively and serve its customers. The January 23, 2020 purchase agreement regarding this transaction was previously disclos
Read more...Steel Dynamics, Inc. announced that as part of its raw material procurement strategy to support its new Texas flat roll steel mill, the company has entered into a definitive agreement to acquire 100% of the equity interest of Zimmer, S.A. de C.V. ("Zimmer") to be funded entirely 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 processing
Read more...JFE Steel Corporation, Meranti Steel Pte. Ltd, JFE Shoji Trade Corporation, Marubeni-Itochu Steel Inc. (MISI) and Hanwa Co., Ltd. announced today that a color-coating line has begun operating at the company’s joint-venture hot-dip galvanizing and color-coating plant for flat-steel construction materials in Myanmar. The plant is operated by JFE Meranti Myanmar Co. Ltd., which was established by the aforesaid parties. The overall hot-dip galvanizing plant, which is still undergoing constr
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