Japan’s sixth largest trading company Nissho Iwai – Nichimen Holdings has announced that it intends to sell off its steel products business to Sumitomo Corp., Japan’s fourth largest trading house. The d...
Worthington Industries and Viking Industries have formed a joint venture that will be located in Ohio, USA.
Viking Industries will hold 51% of the joint venture, with Worthington Industries holding the balance. The jo...
After having purchased the dormant Republic Technologies plant in Beaver County in June, BVV Acquisitions have just acquired Pittsburgh Tool Steel for an undisclosed price.
BVV’s intention is to combine the two ...
Leroux Steel stock and debt holders have unanimously supported the $185million takeover bid of Russell Metals. The deal has also been approved by Canada’s Federal Competition Bureau.
The acquisition of Quebec-ba...
Reliance Steel and Aluminum has just completed its acquisition of Ohio-based Precision Strip Inc for approximately $220 million, including about $26 million of debt.
Precision Strip is a metals processing operation co...
Following its strategy for international expansion, Smorgon Steel has announced that it will acquire a scrap metal business and open a trading office in India.
Pending due diligence, Smorgon Steel have agreed to purch...
Following its demerger from BHP Billiton, BHP Steel Ltd will be changing its name during the year 2003/4.
BHP Steel licensed the acronym "BHP" from BHP Billiton at the time of the demerger until June 30, 200...
Following a survey of the members of the Association of Iron and Steel Engineers (AISE) and The Iron and Steel Society, the majority voted for the name "Association for Iron and Steel Technology" or AIST, shoul...
Kobe Steel announced today that their Mesabi Nugget ITmk3 demonstration plant has begun continuous production of iron nuggets.
The plant located in Minnesota, USA, underwent its first trial run on May 24-25, when it s...
Following the tragedy of September 11, the National Institute of Standards and Technology, NIST have developed a new instrument for testing steel elements salvaged from the World Trade Center.
Based on a device that h...
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