Press Releases

SAIL (Steel Authority of India Limited) Durgapur, India, has awarded SMS group a turnkey contract for the supply of three new 110-ton converters for its steelmaking plant No. 2 to replace the converters SMS group supplied 25 years ago. The new converters will be rated for ten percent more volume. Moreover, SMS group will supply secondary dust collecting systems for the three converters. The new systems will be installed in the works for the first time and will more than meet the rel

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Helix Steel continues to innovate and lead the market, not just with its products, but with new applications. Today Helix Steel is proud to announce two new Helix® products designed to meet the needs of the Ultra High-Performance Concrete (UHPC) market.  These Buy America compliant products are based on the company's patented Twisted Steel Micro RebarTM technology.  The twisted, screw-like shape of Helix® has been shown to provide advantages over the smooth ste

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Brazil Minerals, Inc. announced today that it has obtained the rights to an iron project area with 4,120 acres in the “Quadrilátero Ferrífero” (Iron Quadrangle), one of the premier iron regions in the world with multiple operating mines. Iron ore is in high demand with strong sales of Brazilian iron ore for export (mainly to China) or for use by local steelmakers. Recently, the price of iron delivered at a foreign port spiked to US$109 per ton, the highest since 2013

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The Global Seamless Steel Pipes Market is forecast to reach USD 88.06 Billion by 2026, according to a new report by Reports and Data. Seamless steel pipes are pipes with round hollow cross sections that do not have seams. They are generally factory-made using hot working steel. One of the advantages of the pipes is its growing preference. Seamless steel pipes can sustain high pressure. Generally, in welded pipes, the points of welds are the weakest for sustaining pressure, in turn d

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To meet the need to increase the driving mileage of Electrical Vehicles (EVs), Aluminium China and its sister show Lightweight Asia in July, held in Shanghai by Reed Exhibitions, will showcase leading auto-aluminum brands committed to reducing the weight of next-generation EVs. While it is predicted that by 2020, the annual outputof EVs in China alone will reach 2.42 millionwith 244 different models, representing an annual growth rate of 41%,‘mileage concern’still puts o

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Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe. As a result, ArcelorMittal will: Reduce primary steelmaking production at its facilities in Dunkirk, France and Eisenhüttenstadt, Germany; Reduce

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Aluminum is one of the most promising materials for aeronautics and automobile industry. Scientists from the National University of Science and Technology "MISIS" found a simple and efficient way of strengthening aluminum-based composite materials. Doping aluminum melt with nickel and lanthanum, scientists managed to create a material combining benefits of both composite materials and standard alloys: flexibility, strength, lightness. The article on the research is published in Mate

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Leading international Trade Fairs wire and Tube sponsor the first CRU Conference in Johannesburg in November 2019 The African continent is full of economic challenges. Especially Africa's enormous oil and gas reserves, its numerous copper mines, large aluminium deposits and expanding regional steel industry have moved the continent into the focus of international investors more than ever before. Ambitious infrastructure projects fuel the local economy which, in turn, s

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Ivaco Rolling Mills applauds the Government of Canada for concluding successful negotiations for the full removal of US Section 232 tariffs on Canadian steel products. We would like to thank Minister Chrystia Freeland and the Canadian negotiating team for their tireless efforts in resolving this challenging issue.  The removal of these tariffs is great news to our workers and community.  “The Steelworkers are proud to have played an important role alongside the Canadian steel

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Key drivers for the steel-strengthening metal vanadium continue to point towards increased demand for the foreseeable future. A new research report evaluating recent trends and growth opportunities projects the global vanadium market size to exceed 100kilotons by the end of 2025, growing at a CAGR of 5%. In anticipation of the metal's continued rising demand, several projects are underway from vanadium companies including Delrey Metals Corp (OTC:DLRYF) (CSE:DLRY), Largo Resources (OTC:LGO

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