Eastern Zinc Corp is pleased to announce that it will acquire a diversified portfolio of zinc exploration assets securely located in Canada (the “Acquisitions”), which are more fully described below. “In addition to growing industrial use as the world’s fourth most widely consumed metal1, research has continued to show zinc batteries as an emerging alternative to lithium-ion storage. The acquisitions announced by Eastern Zinc today provide our shareholders wi

On Friday and today, the American Primary Aluminum Association (APAA) filed comments with the U.S. International Trade Commission (ITC) in its investigation into the effects of the new United States-Mexico-Canada Agreement (USMCA). In the comments, the APAA is urging that to maintain the continued success of the Section 232 aluminum tariffs it is critical that all sources of primary imports are restrained. To download the full and complete comments filed by the APAA, please follow t

 Steel Dynamics, Inc today announced that its Board of Directors has authorized the company to construct a new state-of-the-art, electric-arc-furnace (EAF) flat roll steel mill in the United States.  The facility is anticipated to have an annual production capacity of approximately 3.0 million tons with the capability to produce the latest generation of Advanced High Strength Steel products.  The project will include value-added finishing lines, including a galvanizing line wit

Chinese steel maker Chengde Steel Vanadium Titanium cold-rolled sheets Co, Ltd. (Chengde Steel) has placed an order with Primetals Technologies to supply a continuous pickling line (CPL) and a continuous galvanizing line (CGL) for a new cold rolling and processing plant to be built in the company´s location in Chengde, Hebei Province. The CPL is designed to process one million tons of cold strip per year, while the CGL will handle 410,000 tons per year. Both lines are able to be

The order includes new caster, stands and mill upgrade, meltshop In order to extend the range of steel grades and increase production capacity, Nucor has contracted Danieli to upgrade its hot strip plant in Ghent, KY. The new plant configuration -from compact thin slab casting and rolling plant to ultra-modern QSP® (Quality Strip Production)- will allow Nucor Steel Gallatin to improve thermomechanical rolling capabilities, therefore expanding production of AHSS grades,

To expand capacity in high-end automotive grades, Beiman Special Steel Co., Ltd. has signed a contract with Primetals Technologies for a high-speed wire rod mill to be built in Qiqihar, Heilongjiang Province, China. This is the second mill Beiman Special Steel has purchased from Primetals Technologies. The company, which produces special grades steel, previously bought a Pomini medium bar mill. Start-up is expected in mid-2019. The single-strand high-speed wire rod mill will enable

EVRAZ started upgrading the Tashtagol ore mine. The project will enhance the company's self-sufficiency in raw materials, increasing ore production at the mine from 2.2 mtpa to 3.25 mtpa. The total investment into the project is expected to reach RUB 6.8 billion. The project includes the commissioning of the Sibiryak skip shaft, which will be used to deliver materials and transport the extracted ore to the surface. An underground crushing plant will be installed at 350 meters un

Insteel Industries, Inc. announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's common stock payable on January 4, 2019 to shareholders of record as of December 14, 2018. "Our board of directors evaluates a broad range of factors when considering the declaration and payment of regular and special dividends, including potential funding requirements for growth oppor

International technology group ANDRITZ has received an order from Aperam Genk, Belgium, to supply a 20-high cold-rolling mill in four-column design for processing stainless steel strip grades AISI 300 and 400. The cold-rolling mill will be designed with particular focus on production level, strip shape, and strip surface condition to manufacture products of the highest quality. Production of the first coil is scheduled for 2020. In addition to engineering and building of t

Mueller Industries, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 10 cents per share. The dividend will be payable December 21, 2018 to shareholders of record on December 7, 2018. Mueller Industries, Inc. is an industrial manufacturer that specializes in copper and copper alloy manufacturing while also producing goods made from aluminum, steel, and plastics. It is headquartered in Memphis, Tennessee and comprises a n