Press Releases

Insteel Industries, Inc. today announced that Anne H. Lloyd has been appointed to its board of directors effective April 16, 2019. Ms. Lloyd will be replacing Charles B. Newsome, who retired from the Company effective February 12, 2019. Ms. Lloyd previously served as Executive Vice President and Chief Financial Officer of Martin Marietta Materials, Inc. from 2005 until her retirement in 2017. She joined Martin Marietta in 1998 as Vice President and Controller and was named Chief Acc

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Tata Sponge Iron Limited, a subsidiary of Tata Steel Limited, has acquired the steel business of Usha Martin Limited (UML). A meeting was organised today between the senior management of Tata Sponge and UML followed by a Town Hall meeting with all the officers of UML. Addressing the gathering, Mr. Sanjay Pattnaik, Managing Director, Tata Sponge, welcomed the UML officers to Tata Sponge family and said: ‘It is indeed a moment of great pride for all of us in Tata Sponge that tod

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Harsco Corporation  announced today that its Metals & Minerals division has further expanded an existing agreement with Egyptian Steel, the manufacturer of rebar and wire rods in the Middle East and North Africa. Under the terms of this expanded agreement, Harsco will provide scrap and slag management, material handling, and metal recovery services at Egyptian Steel’s Beni Suef plant. Harsco has provided similar services to Egyptian Steel’s Al Ain Al Sokhna site since lat

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NLMK Group, a global steel company, has begun hot testing of its accelerated cooling system at NLMK DanSteel's hot-rolling plate mill in Denmark. The new equipment will fundamentally change the company's product mix and increase the share of niche plate, including for offshore wind power generation and pressure vessels. The new accelerated cooling system is in-line with the hot-rolling mill. After rolling to the final thickness, the plate is fed into the cooling system and c

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Chicago-based Union Partners has acquired National Metalwares, L.P., (NMLP) specialists in the manufacture, fabrication, and finishing of steel tubing and tubular products. This deal significantly enhances the Union Partners family of companies, complementing their existing service centers and processors while providing vertical integration supply chain opportunities across the portfolio. The addition of NMLP also expands Union Partners' offerings into manufacturing and finishing of steel

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Harsco Corporation today announced that its Metals & Minerals division has signed a seven-year contract to provide onsite logistics services at Outokumpu’s stainless-steel site in Tornio, Finland. Under the terms of the $28 million agreement, Harsco will provide scrap transport using a fleet of fuel-efficient and technologically-advanced trucks. The Tornio site is one of Outokumpu’s four integrated plants, and specializes in producing high-performing stainless-steel grades.

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In late January, a blast furnace revamped by Primetals Technologies was relit at Tata Steel Europe´s steelworks in Port Talbot in South Wales, United Kingdom. The aim of this major investment project was to extend the useful life of Blast Furnace 5 and thus strengthen the position of Britain´s biggest steelworks. Primetals Technologies won the contract to execute the work and was responsible for engineering, planning, equipment and material supply, demolition and erection - all to

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CellCube Energy Storage Systems Inc on behalf of its wholly-owned subsidiary, EnerCube Switchgear Systems Inc. ("EnerCube") is pleased to announce EnerCube has completed a significant sale and complex switchgear upgrade to the AltaSteel plant. AltaSteel is a Canadian manufacturer of prime quality steel products for the mining, construction, automotive and engineering industries based in Edmonton, Alberta. They also supply to western Canada and export to the US and Mexico.

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Nucor Corporation announced today that it will build its new state of the art steel plate mill in Brandenburg, Kentucky, located along the Ohio River southwest of Louisville. The company will invest approximately $1.35 billion to build the mill, which will be capable of producing 1.2 million tons per year of steel plate products. The plate mill will employ more than 400 full-time teammates at an average annual salary of $72,000, and is expected to be fully operational in 2022, pending permit

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The Exhibition Profile Organized by Guangzhou Julang Exhibition Design Co., LTD., and known as the "barometer" of the world metal and metallurgy industry, the 20th guangzhou international exhibition of metal and metallurgy industry will be held on June 13-15, 2019 at the China Import and Export  Fair Complex of the largest exhibition hall in Asia. After 20 years of hard work, this metals fair will continue to maintain its leading position as Asia'

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