The USD 100 billion Indian steel industry is estimated to grow at a rapid pace in 2018 and beyond. As demand from key sectors such as construction, capital goods, automobiles and consumer goods grows, it is important that the industry leaders from the public and private sector keep the momentum going. With an aim to bring industry leaders and market influencers together to address the opportunities, challenges, future innovations and sustainability factors that will come with this growth, Ind

Tenaris S.A. announced today that it has entered into a definitive agreement to acquire from a private group 47.79% of the shares of Saudi Steel Pipe Company (“SSP”), a welded steel pipes producer listed on the Saudi stock market, for an aggregate price of US$144 million. The transaction is subject to regulatory approvals, including approval by the Capital Market Authority of Saudi Arabia, and other customary conditions and is expected to close in the first quarter of 20

India currently experiences the worst water crisis in its history. And the demand for the vital resource will continue to rise. With a share of 79 percent, farming still is India’s largest consumer of water. However, the industry catches up: while the industrial sector accounted for five percent of the total of 634 billion cubic meters of water, the demand will quadruple by 2030 according to the German Federal Ministry for Economic Affairs and Energy (BMWi). An outlook that provides a b

BREADY INDUSTRIES, the world's leading leader in nanocrystal reinforcement technology for aluminum sheets, is the third wholly owned subsidiary of Nanal (NanoAl), Kentucky State Ashland Acquired. Nanoal will join the ownership of Brady Industries following the Brady Atlas and BeloCind of aluminum rolling mills. Nanoal was founded on the basis of the Department of Materials Science at Northwestern University for the purpose of commercializing the development technology of high st

Tata Steel Limited (‘Tata Steel’) hereby announces that it has  executed definitive agreements for acquisition of the steel business of Usha Martin Limited (‘UML’) through a Slump Sale on a going concern basis. The closing of the acquisition is subject to fulfilment of various conditions under the agreements. At the closing, Tata Steel or any of its subsidiaries or affiliates may carry out this acquisition. The parties shall jointly work towards fulfilment of cond

JW Aluminum, a leading domestic supplier of flat rolled aluminum, is investing $32.8 million to optimize equipment for foil production. The investment includes projects to enhance existing rolling mills, annealing equipment and slitters to improve quality, reliability and throughput for the fin stock, honeycomb foil and flexible packaging markets. The upgrades will also further automate control systems in the company’s foil producing facilities – Russellville, Arkansas;

NanoSteel ® , the leader in nanostructured steel materials, today announced the evolution of its Additive Manufacturing (AM) business unit in a new company called 'Formetrix ™.' Led by an industrial leader in additive manufacturing and including other Cycad Group and SPDG investors, Formetrix has completed its Series A capital raising to accelerate the commercialization of Formetrix's steel alloys for 3D printing. Over the past four years, the team has develope

Steel Dynamics, Inc today announced the completion of the acquisition of substantially all of the assets of Kentucky Electric Steel ("KES"), a wholly-owned subsidiary of Specialty Steel Works Incorporated, for $5.0 million.  The acquired assets are located outside of Ashland, Kentucky, and are comprised of a rolling mill with an annual capacity of 250,000 tons.  The operations were closed earlier this year by the prior owner, and Steel Dynamics plans to reopen the rolling

The "Bauxite and Alumina - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The report provides separate comprehensive analytics for the US, Canada, Europe, China, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary resear

Harsco Corporation today announced that its Metals & Minerals division has successfully entered into a multi-year contract with ArcelorMittal Tubarao, the flagship plant of ArcelorMittal in Brazil.  The 10-year contract – totalling US$150 million – will include meltshop cleaning, slag handling and crushing, metal recovery, and drop ball services. “We are excited to extend our long association with ArcelorMittal Tubarao for another 10 years,” said Har