Steel Authority of India Ltd. (SAIL)partnering consistently in every major infrastructure project of national importance and relevance has supplied more than 50% steel for the Kishanganga Hydroelectric power project, inaugurated today by Hon’ble Prime Minister Shri NarendraModi. SAIL has supplied a total of 10500 tonnes of steel for the 330 MW hydroelectric project which features three power generating units of 110 MW each.SAIL’s supply for this consists majorly of TMT R

KCM Special Steel Co., Ltd is one of the leading steel piping manufacturers and suppliers in China. Stainless steel piping and fittings are an important part of China's export economy and plays an important role in stimulating China's economic growth. KCM Special Steel Co. is a part of this overall ecosystem, exporting their products all over the world. According to a recent CNN article, China is leaps and bounds ahead of other countries in its steel production. China accoun

Viraj Profiles Ltd., the largest manufacturer of stainless steel long products in India has embarked on a new journey of technological upgradation. The company has planned to revamp its Communications, Collaborations capability. Last month Viraj has signed an agreement with CISCO, a world class supplier for network & communication equipment, on areas of networking revamp, introducing enhanced video collaboration capability and securing our Email communication.

Outokumpu and Sandvik have signed an agreement for Outokumpu to purchase full ownership of Fagersta Stainless wire rod mill in Sweden. Fagersta Stainless is currently a 50/50 joint venture owned by Outokumpu and Sandvik Materials Technology. Fagersta Stainless is a leader in special stainless steel wire rod serving customers globally. In 2017, the company’s revenues were approximately EUR 150 million and stainless steel deliveries amounted to 52,000 tonnes. Fagersta’s pr

Vedanta Limited has filed a communication with the stock exchanges in India (BSE and NSE) today, informing that it has received the approval from the Competition Commission of India for the application made by it for the acquisition of Electrosteel Steels Limited. About Vedanta Limited Vedanta Limited is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc - lead - silver, aluminium, copper, iron ore and

Novelis Inc., the world leader in aluminum rolling and recycling, today hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell's staff to recognize the investment of a 400,000 square foot facility that will create approximately 125 jobs and pro

Alcoa Corporation and Rio Tinto  today announced a revolutionary process to make aluminum that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Alcoa, Rio Tinto and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the announcement, which signals the most significant innovation in the aluminium industry in more than a century. To advance

You are invited to join Nucor's Annual Meeting of Stockholders, which will be broadcast live over the Internet on Thursday, May 10, 2018 at 10:00 a.m. Eastern Time. What:    Nucor's 2018 Annual Meeting of Stockholders When:    10:00 a.m. Eastern Time on Thursday, May 10, 2018 Where:  https://www.webcaster4.

Shiloh Industries, Inc., a leading global supplier of lightweighting, noise and vibration solutions, recently opened their latest aluminum casting facility in Nantong, China. The state-of-the-art facility will launch producing new, innovative 9-speed, aluminum transmission carriers and reverse carriers through Shiloh’s proprietary, high-integrity casting technology, and has additional roll-outs scheduled. “We are excited to manufacture our innovative products in a facili

Grupo Simec, S.A.B de C.V., (Simec) reports that it has entered to a contract with Arcelor Mittal Brasil, S.A. for the acquisitions of the steel products plants of Cariacica and Itauna, both in Brazil and for steel wire drawn equipment for the production of wires and derivatives. The production capacity of Cariacica plant is 600,000 mt/year of liquid steel and 450,000 mt/year of rolled steel products. This plant has more than 500 employees and produces light structural rods and prof