India’s Alloy Steel’s Plant have developed a special grade of stainless steel that has a very low magnetic permeability. The alloy was developed for a scientific project on ‘cosmic evolution’, co-...
Commercial Metals Company have completed their purchase of a controlling share in Polish steel maker Huta Zawiercie S.A. Commercial Metals paid about US$50 million to acquire a 71.1% share, with most of the balance being...
Australian-based Smorgon Steel have just completed their due diligence and hence their acquisition of Chantlers Metal Recyclers. The deal was originally announced on September 2, 2003.
Chantlers Metal Recyclers are Sy...
Kobe Steel and Mitsubishi Materials Corp have agreed to form a joint venture which will see them combine their copper tube businesses. The joint venture will become effective on April 1, 2004. Kobe Steel will own 55% of ...
The US city of Akron is evaluating a new polymer pedestrian bridge as an alternative to more conventional steel constructions. The plastic bridge can be found in Middlebury Run Park in East Akron.
The bridge cost $53,...
Global steel producer, The LNM Group who are the world’s second largest steel producers, have made an offer to privatise selected assets of Huta Czestochowa SA and the shares of Huta Czestochowa Sp z.o.o.
Huta C...
WCI Steel announced that they will be idling their silicon electric steel line effective, January 31, 2004. WCI have been in Chapter 11 bankruptcy protection since September 16.
The company has sited reduced prod...
Rouge Industries, another bankrupt US steel maker currently under Chapter 11 bankruptcy protection since October 23rd, is set to be bought by Russia’s Silverstal in a deal expected to close in the first quarter of ...
From this day forth BHP Steel will become known as BlueScope Steel, opening a new chapter in the history of Australia’s largest steel solutions provider.
The name change was brought about by an organisational ch...
Xstrata will suspend production of vanadium from their Vantech vanadium plant, effective January 1, 2004, placing the plant into care and maintenance. This decision has been taken as the ore body being mined has reached ...
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