Carlisle Companies Incorporated, a global leader in commercial and industrial building envelope products through its Carlisle Construction Materials (CCM) operating segment, announced today that it has entered into a definitive purchase agreement to acquire Petersen Aluminum Corporation (“Petersen”), a privately held manufacturer of high-quality metal roofing products for approximately $197 million. Headquartered in Elk Grove Village, Illinois, Petersen’s primary b

Dillinger steel is once again playing a key “supporting role” as the Kienlesberg Bridge in Ulm prepares to officially open to traffic next Sunday, 9 December 2018, after a full three years of construction. The elegantly curved bridge contains 1,750 metric tons of Dillinger heavy plate. At its christening in September, the principle builder, Stadtwerke-Ulm-Traffic Managing Director André Dillmann, described the bridge as potential competition for the Ulm cathedral.

Synalloy Corporation today announced that its wholly-owned subsidiary, ASTI Acquisition, LLC, has signed a definitive agreement to acquire substantially all of the assets of American Stainless Tubing, Inc. (ASTI).  The parties expect the transaction to close on or by January 1, 2019.  The cash purchase price for the transaction is expected to range between $27 and $28 million including ASTI’s right to receive revenue-based earn-out payments over a three-year period following c

Tata Steel has launched its best-in-class Tata Tiscon SD (Super Ductile) rebar in the southern markets. The new rebar will replace the current product, Tiscon 500D. The new product, made with an improved mix of carbon, sulphur, phosphorous and other alloying elements as well as post-rolling treatment, promises a stronger and more flexible rebar for the construction industry and other customers.   Tata Tiscon SD also offers more energy-absorption capacity to the buildi

Constellium N.V. announced today that it supplies aluminium automotive body sheets for the new Audi A6. Constellium is the primary supplier of automotive body sheets for both closures and inner parts of this model. Constellium produces components for its partner Audi to achieve its lightweighting, design and safety targets. For the doors as well as for the trunk of the new Audi A6, Constellium provides Surfalex® with high surface quality and particular hemming and ropi

Majestic Steel USA, Inc., a leading steel service center, announced today it has completed the acquisition of the business assets of Titan Metal Service, Inc. ("Titan"), a Tampa, Florida based steel service center and processor. This strategic acquisition represents a significant step in Majestic's strategy to expand its business in the coated flat-rolled market. The addition of Titan enables Majestic to increase its presence and reach in the Southeast, particularly th

Algoma Steel Inc  announced today it has successfully completed the purchase of substantially all of the assets of Essar Steel Algoma Inc. The business has emerged free from the protection of the Companies’ Creditors Arrangement Act (CCAA) as a stronger, more sustainable Canadian steel company. Since 1901 Algoma Steel has been a reliable supplier of quality Canadian steel. Today, under new ownership and the direction of a professional board of directors, Algoma Steel has

Nucor Corporation announced today that it is acquiring Corporacion POK, S.A. de C.V. (POK), a fully integrated precision castings company with a facility in Guadalajara, Mexico. POK produces complex castings and precision machined products used by the oil and gas, mining and sugar processing industries. "Our company has had a presence in Mexico for more than a decade. We know the market and the customers there. This acquisition supports Nucor's strategy in Mexico, which is

The United Steelworkers (USW) today said that its members have overwhelmingly ratified new, four-year labor agreements with ArcelorMittal USA that will increase wages, bolster retirement provisions, improve benefits and strengthen contract language for roughly 15,000 hourly production, maintenance, office and technical workers who belong to 13 local unions at 14 facilities in Illinois, Indiana, Ohio, Pennsylvania and West Virginia. "After years of hard work and tremendous sacri

With effect from November 27, 2018, Bhushan Steel Limited (“Company”) is renamed as Tata Steel BSL Limited. The Ministry of Corporate Affairs, Government of India has accorded its formal approval for this on the same date. The name change is part of the process to integrate the Company’s operations within the Tata Steel fold and to align to the Tata brand and also to give the Company a singular identity with the Tata Group. On May 18, 2018, Bamnipal Steel