Swedish steelmaker SSAB has successfully taken action against two India-based companies found dealing in counterfeit Hardox® steel plates. These unauthorised products, bearing the Hardox® trademark and SSAB logo, included falsified product mill certificates and exhibited severe product quality issues, making them incomparable to genuine Hardox® wear plate. Nonetheless, they were misrepresented as genuine Hardox® wear plate. Following an investigation and a lawsuit, N

Flexsteel Industries, Inc., one of the largest manufacturers, importers and marketers of residential furniture products in the United States, today announced the appointment of Terence P. Calloway as an independent director of the Company effective May 21, 2025. Mr. Calloway is a global executive who is known to create competitive advantages that leverage technology and modern manufacturing processes to drive value creation, propel product innovation, and enhance profitability of gl

Rio Tinto and Corporación Nacional Del Cobre de Chile ("Codelco") have signed binding agreements to form a joint venture to develop and operate a high-grade lithium project in the Salar de Maricunga in Chile. The agreement is the next step in a broader strategic partnership to strengthen both Rio Tinto’s and Chile’s positions as leading suppliers of materials for the global energy transition. Salar de Maricunga is a large lithium-containing resource base

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, and the Ministry of Industry and Advanced Technology (MoIAT) today signed an agreement leveraging EGA’s Industry 4.0 expertise to support the digital transformation of UAE industrial companies. The agreement was signed at Make it in the Emirates 2025 by His Excellency Omar Al Suwaidi, Undersecretary at MoIAT, and Abdulnasser Bin Kalban, Chief Executive Officer of EGA.

U.S.-based custom sheet metal manufacturer, SendCutSend, announced the launch of the SendCutSend Marketplace, an online platform designed to help small businesses and entrepreneurs more easily profit from their custom ideas. Marketplace allows SendCutSend users to design, create and sell their fabricated product without the need to carry inventory or coordinate shipping logistics. "It works great for parts that don't exist anywhere else and parts that solve a spec

Jindal Stainless, India’s largest stainless steel manufacturer, today announced the launch of Project Pragati—a pioneering digital transformation initiative aimed at automating the production process from casting to finishing at its Hisar manufacturing unit. As the first-of-its-kind in the steel and stainless steel industry, Pragati integrates advanced planning and execution technologies through Dassault Systèmes’ Delmia applications, with Capgemini as the implementat

Kenwal Steel has announced that Douglas A. Bredy will be joining the company as Vice President of Business Development. A 32-year veteran of the steel industry, Bredy's career launched in 1993 at Bethlehem Steel Corporation, continuing on to various leadership positions at Olympic Steel and Arcelor Mittal. Known as a strong leader and transformative communicator, his skillset complements Kenwal's existing executive team and will continue to accelerate the company's growt

Hydro has entered into a new partnership agreement with the Norwegian Red Cross to support a just transition and provide emergency aid. We are excited to partner with the Norwegian Red Cross to make a meaningful impact on communities around the world. With unparalleled humanitarian reach and a presence in 191 countries, the Red Cross shares our commitment to strengthening local communities. I am convinced this partnership will drive positive change and support a just transition, bot

Rio Tinto and Sumitomo Metal Mining Co (SMM) have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. The final joint venture agreements were signed in Perth by Rio Tinto Copper Chief Executive Katie Jackson and SMM Director, Managing Executive Officer, and General Manager of the Mineral Resources Division Hideyuki Okamoto. It comes after the two companies signed a Term Sheet in December 20

Fastmarkets, a leading price-reporting agency and global market intelligence provider for metals, forest products and agriculture, has launched a new carbon offering to help businesses tackle the expanding demands of decarbonization and its implications for commodity markets. With global decarbonization commitments accelerating and regulatory measures such as the EU's Carbon Border Adjustment Mechanism (CBAM) coming into force, managing carbon exposure has become a critical prio