In response to media speculation, ArcelorMittal (the Company) confirms that yesterday, 10 September 2018, it submitted a revised proposal to Essar Steel India Limited’s (ESIL) Committee of Creditors for the acquisition of ESIL. The Company can also confirm that media reports speculating on the financial value of the revised offer are broadly accurate. The revised offer, which also includes a commitment to pay the entire amount due to the financial creditors of Uttam Galva and

Nucor Corporation's Board of Directors approved an investment of $650 million to expand the production capability of Nucor Steel Gallatin, the company's flat-rolled sheet steel mill located in Ghent, Kentucky.  This investment will increase the production capability from 1,600,000 tons to approximately 3,000,000 tons annually and will increase the maximum coil width to approximately 73 inches. The project is expected to create 70 full-time jobs.

After successful modernization of the 40-year-old aluminum cold rolling mill by SMS group at the Slovenska Bistrica facility, the Slovenian aluminum producer Impol Group Slovenia has awarded the final acceptance to SMS group. The previously performed acceptance tests had proven that the rolled products are now fulfilling even stricter quality criteria. With this upgrade, Impol Group Slovenia has invested in the future viability of the facility and has brought about significant impro

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the Morgan Stanley 6th Annual Laguna Conference in Dana Point, California, on Wednesday, September 12, 2018 starting at 12:30 p.m. PDT (3:30 p.m. EDT). A real-time live audio webcast of the session will be available on the on the “Investors” secti

Phoenix Services is pleased to announce the signing of a long-term contract for the agglomeration of internally generated materials at Emirates Steel located in the United Arab Emirates. The contract was signed by H.E Saeed Al Remeithi, Chief Executive Officer of Emirates Steel, and Mr. Mark Essig, President and CEO of Phoenix Services LLC. Also present at the signing were Mr. Hassan Shashaa, CEO Advisor and Acting COO; Mr. Saeed Al Ghafri, VP Supply Chain Management; Mr. Adel Attar, Strategi

Corpac Steel Products, a global supplier of pipe and steel products and services, was awarded Industry Supplier of the Year at the 2018 Rocky Mountain Oil & Gas Awards. The Rocky Mountain Oil and Gas Awards recognize outstanding achievements made within the Upstream, Midstream and Downstream sectors of the Oil & Gas Industry, rewarding commitment to health & safety, environmental stewardship and corporate social responsibility. Corpac Steel, celebrating its 25th year in

UACJ Corporation has established the R&D Center (Thailand) as an R&D base for aluminum materials, which have growing markets in Asia. R&D Center (Thailand) is UACJ’s third research and development base following Japan and United States as part of its globalization of research and development, and located in the vicinity of Bangkok (Thailand) offering an easy access to the UACJ’s production bases and customers in the ASEAN region. The UACJ Group regards Thaila

Quintiq, a Dassault Systèmes company and world leader in supply chain planning and optimization, announced that SIJ Acroni has chosen Quintiq to offer a solution to integrated planning to optimize your production processes. SIJ Acroni is part of the SIJ Group, the largest vertically integrated metallurgical group in Slovenia and one of the largest producers of stainless and special steels in Europe. SIJ Group has made progress in its mission to become the most successful manu

Volume and Value Forecasts by Process (Hot Rolled, Cold Rolled, Direct Rolled, Tubes, Others), by Steel Type (Carbon Steel, Alloy Steel, Stainless Steel, Others), by End-User Industry (Automotive, Mechanical Engineering, Electronic Engineering, Oil & Gas, Construction, Others) Plus Financial Analysis of Leading Companies and Leading National Market and Volume (Consumption and Production) Analysis Visiongain's new 224-page report reveals that the world market for steel will r

8th International Hardware & Tools Expo Tokyo (TOOL JAPAN) will be held from October 10 - 12, 2018, at Makuhari Messe, Japan. As Japan’s leading hardware and tools trade show, 1,930* exhibitors and 67,000* visitors are expected to gather from across the globe. Professional tools for architects, carpenters, maintenance, and horticulture are displayed at TOOL JAPAN. There are varieties of exhibit areas: Work Tool Zone, Work Wear Zone, Worker’s Gear Zon