Steel manufacturers often encounter process situations that dramatically impact operations. Process fluids, greases, and lubricants can make a big difference by providing cost savings through enhanced performance, improved efficiency and quality, amongst others. Quaker Chemical Corporation , a longstanding supplier of steel processing and maintenance products, will present fluid solutions at AISTech 2018 Conference & Exposition – the steel industry's premier technology event &nd

Commercial Metals Company, along with federal, state and local officials and their honored guests gathered for the dedication of CMC's new micro mill located in Durant, OK. The mill is CMC's second technologically advanced micro mill that uses a continuous-continuous manufacturing process which melts, casts and rolls steel from a single uninterrupted strand, resulting in higher yields and lower energy consumption than the traditional mini mill process. Barbara Smith, Chairma

Around half a year after announcing the location decision, today’s groundbreaking ceremony marked the official start of the three-year construction phase for the new voestalpine special steel plant in Kapfenberg, Austria. From 2021 onwards, each year the fully digitalized plant will produce around 205,000 tons of sophisticated high-performance steels, especially for the international aviation and automotive industries as well as for the oil & gas sector, while at the same time secur

The Brownsville Navigation District Board of Commissioners – the governing body for the Port of Brownsville has signed an option agreement covering up to 800 acres of property with Big River Steel LLC enabling the steel-maker to continue its due diligence pursuant to the company’s interest in developing a LEED-certified steel manufacturing plant, storage and distribution facility. The plant would cost more than $1.6 billion to construct. “This is good news for Brow

Commercial Metals Company announced today that it is offering to sell, subject to market and other conditions, $350 million aggregate principal amount of Senior Notes due 2026  in an offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Final terms for the offering of the Notes will be determined at the time of pricing. The Notes will be CMC's senior unsecured obligations and will rank equally with all

In India thyssenkrupp has now started operation of a new line for the production of grain-oriented electrical steel in Nashik, 160 kilometers northeast of Mumbai. That makes thyssenkrupp India’s first and currently only manufacturer of this special steel grade. Grain-oriented electrical steel is used wherever electrical energy is efficiently converted, transported and used, such as in distribution and power transformers. The steel for the production of grain-oriented electrical steel is

Copper Mountain Mining Corporation  is pleased to announce the closing of its acquisition of Altona Mining Limited ("Altona").  As part of the acquisition, the Company issued 0.0974 of a Copper Mountain share for each Altona ordinary share, resulting in a total of 53,538,984 Copper Mountain common shares being issued, of which 44,368,605 will trade as CHESS Depository Instruments on the Australian Stock Exchange under the symbol C6C.   As a result of the acq

Nippon Steel and Sumitomo Metal Corporation (NSSMC) will install a continuous hot-dip galvanizing line ("CGL") at Kimitsu Works (Kimitsu, Chiba Prefecture) to strengthen the supply system for ultra-high-tensile steel sheets*1. The new CGL is able to produce ultra-high-tensile steel sheets with strength in the 1.5GPa*2 class, has production capacity of 33,000 tons per month, and is scheduled to start production in the second quarter of fiscal year 2020. In the automobile in

Russel Metals Inc announced that it has completed the previously announced acquisition of DuBose Steel. DuBose Steel is a full line structural steel service center operation with value-added processing capabilities serving customers along the east coast and south eastern United States from its facilities located in Roseboro and Fayetteville, North Carolina.  Revenues for DuBose Steel were approximately CDN$85 million during its last fiscal year. John Reid, President a

Reforms of the EU Emissions Trading Scheme (ETS) for the years 2021-2030 will lead to higher carbon (CO2e) prices and rising Aluminium smelting costs. The reduction of free carbon permit allowances to smelters will raise smelting costs for the average smelter by $10-$25/tAl depending on final EU policy decision. The increasing permit price will also drive indirect carbon costs higher, but the effect varies greatly from smelter to smelter. The EU Emissions Trading Scheme (ETS) has di