AK Steel’s subsidiary AK Tube LLC has completed its acquisition of Central Tubing Facility (CTF). CTF was purchased from ArvinMeritor for about $67million.
The purchase agreement included a multi-year supply agr...
BHP Steel will build a AUD$160 million flat steel metallic coating and painting facility in Vietnam after being granted a licence by the Vietnamese government. This represents the company’s most significant investm...
Australian steel producer Smorgon Steel are to spend $17 million on expanding their tube making facilities at Acacia Ridge in Queensland. The decision has been brought about by increased demands, from domestic and intern...
American Steel producers US Steel and International Steel Group have signed a letter of intent to exchange assets.
Under the agreement, US Steel will exchange the assets of their plate business, including the plate mi...
Following Slater Steel’s decision to restructure under Chapter 11 Bankruptcy protection, followed by a net loss of $44 to $50 million in Q2 2003, they will undertake a significant restructure of their stainless bar...
Oxfordshire-based company, Hardide, have raised £1.6 million to manufacture a unique hard coating that has been designed to increase the life of steel and cemented carbide parts.
Properties of the coating includ...
ABB supplied, engineered and commissioned a complete annealing and pickling line for the Ningbo Baoxin Stainless Company in China.
The remarkable part about it was that they were able to supply and commission the stee...
Alcoa and Kobe Steel have announced that they will terminate their joint venture aluminium plants that produce aluminium can stock used in beverage cans. This decision has been undertaken as the joint ventures did not me...
After 32 months of restructuring under Chapter 11 bankruptcy protection, Wheeling Pittsburgh Steel Corp. (WPSC) have emerged, ready to move forward.
WPSC have secured new financing and have just ratified a new labour ...
International Steel Group, The USA’s second largest steel manufacturer intend to launch an IPO in the near future. In doing so they hope to raise $250 million to pay down debt due to their $1.5 billion acquisition ...
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