JW Aluminum has started the expansion of its Mount Holly flat rolled aluminum plant in Goose Creek, South Carolina. This project will greatly enhance JW Aluminum’s capabilities to serve its primary end markets. Summary: Construction is underway and is expected to be complete in early 2020. Construction includes a new 220,000 square foot building and the installation of proven, state-of-the-art equipment utilizing green technology,

The heat treatment facility will have an annual capacity of 70,000 tonnes of high-quality (Special Bar Quality, SBQ) bars, and will be established within the enterprise's finishing plant. The facility will add to the existing heat treatment capacities at OEMK’s rolling plant #2. Metalloinvest has agreed an equipment supply contract for the facility with Danieli Centro Combustion, part of Danieli group, the Italian leader in steel plant equipment. The official signing

United States Steel Corporation  announced today it will restart the second of two blast furnaces (“A” blast furnace) at its Granite City Works, an integrated steelmaking plant in Granite City, Ill.  The restart of the “A” blast furnace will support increased demand for steel manufactured in the United States, while allowing the Company to continue to support customers during planned asset revitalization efforts. “We are excited to announce th

Pursuant to the order dated May 30, 2018 of National Company Law Appellate Tribunal, Vedanta Limited is implementing the approved Resolution Plan for Electrosteel Steels Limited ("ESL"). Accordingly, Vedanta Star Limited ('VSL'), a wholly owned subsidiary of our Company, has deposited the upfront amount of INR 5,320 crore in escrow account of ESL and June 4, 2018 has been determined to be the 'Effective Date' under the Resolution Plan. The Company has acqui

Nippon Steel & Sumitomo Metal Corporation  entered into a share purchase agreement in March, 2018 with funds advised by Triton to acquire Ovako AB (“Ovako”) which is headquartered in Sweden and manufactures and sells special steel aimed mainly at the European market. Having completed all necessary procedures including the competition authorities’ examination, NSSMC hereby announces that it has acquired whole of the shares of Ovako and made the company a wholly owned

On May 31, Liang Yibo, deputy mayor of Changzhou, met with Sachin Satpute, senior vice president of Novelis and president of Novelis Asia, and Liu Qing, managing director of Novelis China and vice president of automobile business at Novelis Asia. They signed a contract expanding the scope of Novelis' project in Changzhou National Hi-Tech District(CND), JIangsu Province. Novelis is the world's premier producer of rolled aluminum products and the world's largest aluminum t

Harsco Corporation  announced today the acquisition of ALTEK Group, a U.K.-based manufacturer of market leading products that enable aluminum producers and recyclers to manage and efficiently extract value from critical waste streams, reduce waste generation, and improve operating productivity. Harsco acquired ALTEK, on a debt and cash free basis, for a purchase price of £45 million (approximately $60 million), plus an additional future contingent consideration subject to the futur

Alcoa Corporation  announced that as a result of a temporary power outage at the Warrick Operations smelter near Evansville, Ind., it has shut down one of the three potlines that are part of the Warrick aluminum smelter restart. The decision was made with a focus on safety and to protect the assets. Alcoa is assessing the effects of this event, including the timing of the overall restart, and will provide an update as more information is available. The annual capacity

The growing use of lightweight materials for the development of new energy vehicles is driving demand for aluminium alloy in China and around the world. At the last Auto China show alone, leading brands showcased 174 new energy models and it is predicted that by 2020, the number of new energy vehicles in China will reach 2 million. This rapid growth in both production and sales is underpinned by government policies and high market demand. Aluminium China 2018 in Shanghai, from 11-13

Novelis Inc., the world leader in aluminum rolling and recycling, today announced it will invest approximately $180 million to double its automotive aluminum body sheet capacity at its Changzhou facility in China. The investment will be a continuous annealing solution heat (CASH) treatment line that will add approximately 100 kilotonnes of capacity and will include a high-speed slitter as well as a fully automated packaging line. These assets along with our proven operational expertise and fi