Press Releases
28 June 2018
ZK International Group Co., Ltd., a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products that require sophisticated water or gas pipeline systems, today announced successfully hosting the Annual Stainless Steel Pipe Industry Conference, a conference organized by Foshan Stainless Steel Committee, in Hefei, Anhui, China in June 2018. The Foshan Stainless Steel Committee is one of the largest metal industry co
Read more...27 June 2018
Steel Dynamics, Inc today announced plans to expand its offering of value-added flat roll steel products through the addition of a new galvanizing line in Columbus, Mississippi. The company plans to invest approximately $140 million and create 45 new jobs, adding a third galvanizing line at its Columbus Flat Roll Division. After the planned completion of this new facility, the company will have nine value-added galvanizing lines located throughout the eastern half of the United St
Read more...26 June 2018
The historic Georgetown steelworks in South Carolina, which has remained idle for almost three years, was brought back to life today (25th June) heralding the arrival of Sanjeev Gupta’s global GFG Alliance in the USA. The 14,000-worker metals, mining, engineering, energy and financial services group, which has invested billions to secure the future of industrial assets in the UK, Europe and Australia, said it now intended to do the same in North America. Group execut
Read more...22 June 2018
Republic Steel, the nation's leading provider of special bar quality steel, says it's been preparing its plants by investing $12 million over the last 18 months to supply increased market demand. The 232 steel tariffs have created additional demand for steel and Republic has the expertise, quality and open capacity to take on this increase in demand. At its Canton facility, Republic has hired 25 new employees this year, is recruiting for 50 additional positions, and has rece
Read more...TimkenSteel, a leader in customized alloy steel products and services, today announced it will increase prices on seamless mechanical tubing (SMT) hot-rolled and single-thermal-treated products by $40 per ton, and on SMT quench-and-tempered products by $100 per ton. These increases are effective immediately with new orders received, and for all shipments beginning Oct. 1, 2018. All surcharge mechanisms remain in effect. About TimkenSteel Corporation TimkenSte
Read more...20 June 2018
ArcelorMittal has unveiled a radical new concept for the use of steel in construction, which will facilitate the next generation of high performance buildings and construction techniques and create a more sustainable life-cycle for buildings. Known as Steligence®, the concept revolves around the idea of buildings as holistic entities where all aspects of design are considered in an integrated way, as part of the whole. As such, it proposes the need for better dialogue between va
Read more...19 June 2018
Today, the U.S. Department of Commerce announced its preliminary determination that imports of common alloy aluminum sheet from China are being sold at less than fair value (or “dumped”) in the United States. As a result, the agency will instruct U.S. Customs and Border Protection (“CBP”) to require U.S. importers of common alloy aluminum sheet from China to deposit estimated antidumping duties at the time of import. “The association and its membe
Read more...In continuation to our announcement on June 4, 2018, today our wholly owned subsidiary, Vedanta Star Limited ("VSL") has been allotted 176,55,06,078 fully paid up equity shares of INR 10 each in Electrosteel Steels Limited ("ESL") as per the approved Resolution Plan. Pursuant the aforementioned allotment, our Company now holds 90% of the paid up share capital of ESL through VSL. About Vedanta Limited Vedanta Limited is a diversified nat
Read more...Tata Steel Europe today announced the cross-licensing agreement with POSCO, which will allow the company to increase the range of advanced products to key markets including the automotive and construction sectors. The deal will allow Tata Steel Europe to access Physical Vapour Deposition (PVD) technology, an innovative process allowing steels to be given anti-corrosion coatings without the current requirement to heat them during the hot-dip galvanising process. This has the potentia
Read more...Hazelett Corporation confirms that the Hazelett® Twin-belt Continuous Casting Process will be utilized for the JW Aluminum expansion announced today. “This new facility will be a model for the most cost-effective and energy efficient sheet production in North America,” said Mr. David Hazelett, President. “And, it will significantly ease the projected shortage of aluminum coil in the United States.” The Hazelett® Model AS2000 casting machine
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