Press Releases

EVRAZ Nizhniy Tagil Metallurgical Plant (EVRAZ NTMK), a Russian steel producer, has awarded Primetals Technologies an order to supply the automation and electrical equipment for its reconstructed blast furnace #6. The basic automation (level 1) and the process optimization (level 2) will be installed as a virtualized automation system on central, redundant servers, which will drastically reduce servicing costs, especially those for future upgrades. The new process automation will enable the o

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Acciaierie Bertoli Safau, a leading European manufacturer of steel used in specialised engineering applications, has awarded MORE the order for the STAP multi-axis equipment that automatically opens the tap hole in the event of clogging by an oxygen lance in the electric arc furnace. The STAP device is not used regularly in each cycle, but only when required. Nevertheless, it can prevent long delays that can accumulate in several melt shops due to the time required for operators to

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The "Steel Fiber Market by Type (Hooked, Straight, Deformed, Crimped), Application (Concrete, Composite, Refractories), Manufacturing Process (Cut Wire/Cold Drawn, Slit Sheet, Melt Extract), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The steel fiber market size is estimated at USD 2.0 billion in 2018 and is projected to reach USD 2.5 billion by 2023, at a CAGR of 5.0%. Steel fiber has various properties s

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United States Steel Corporation today announced the restart of construction on a technologically advanced electric arc furnace (EAF) steelmaking facility at its Tubular Operations in Fairfield, Ala., located in Jefferson County. U. S. Steel previously initiated construction of the EAF in March 2015 and suspended construction in December 2015 due to unfavorable market conditions.   “We are pleased to announce the achievement of the market and performance stage gates requir

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Kobe Steel, Ltd. plans to invest approximately 1.8 billion yen to increase the production capacity of its Steel Powder Plant in Takasago, Hyogo Prefecture in western Japan. The production capacity of steel powder products will increase to 110,000 metric tons per year, from the current 96,000 metric tons per year. Mass production is scheduled to begin in the April–June quarter of 2021. Kobe Steel's steel powder products are mainly used in powder metallurgy to make

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7 February 2019

This report analyzes the worldwide markets for Steel in Thousand Metric Tons by the following End-Use Applications: Construction, Transportation, Machinery, Metal goods, Household Appliances, and Others. Read the full report: https://www.reportlinker.com/p03907009 The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, China, Asia-Pacific, Middle East, Latin America, and Africa. Annual estimates and forecasts are provided for the p

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Constellium N.V. announced today that it is supplying aluminium structural components for new BMW X Model Sports Activity Vehicles. A partner to BMW Group for more than 10 years, Constellium supplies the new BMW X4 and X5 from its plant in White, Georgia. Constellium provides front Crash Management Systems for both the BMW X4 and X5. The Crash Management System absorbs energy in a collision to protect the occupants and vehicle integrity. Aluminium is the ideal material for these com

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Tenaris S.A. announced today that it will form a joint venture with PAO Severstal to build a welded pipe plant to produce OCTG products in the Surgut area, West Siberia, Russian Federation. Tenaris will have a 49% interest in the joint venture company, with Severstal owning the remaining 51%. The commencement of the project is subject to regulatory approvals and other customary conditions. The plant, which is estimated to require an investment of USD240 million and a two year constr

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United States Steel Corporation, announced today it will restart the No. 1 Electric-Weld Pipe Mill at Lone Star Tubular Operations in Lone Star, Texas. The No. 1 Mill was permanently idled in 2016 due to challenging market conditions for tubular products created by fluctuating oil prices, reduced rig counts and high levels of unfairly traded imports. The Lone Star No. 1 Mill will provide full-body normalized electric-welded pipe in size ranges 7” to 16” outside diameter

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Steel Dynamics, Inc. today announced that it has entered into a definitive agreement to acquire a majority of the equity interest of United Steel Supply, LLC ("United Steel Supply").   United Steel Supply is headquartered in Austin, Texas and is a leading distributor of painted Galvalume® flat roll steel used for roofing and siding applications.  Steel Dynamics has agreed to purchase 75 percent of the equity interests of United Steel Supply for $134 million, compr

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