BHP Billiton have announced their intention to enter into the Wheelarra Joint Venture with four of China’s leading steel mills:
Wuhan Iron and Steel (Group) Corp
Maanshan Iron and Steel Company Ltd
Jiangs...
Alcoa World Alumina & Chemicals, an alliance between Alcoa (60%) and Alumina Ltd (40%), have sold Alcoa Specialty Chemicals to two private equity firms for $342 million. The equity firms are Rhone Capital and Teacher...
AK Steel announced today that it has signed an agreement to sell its wholly-owned subsidiary, Douglas Dynamics, LLC to DDL Acquisition Corporation, formed by Aurora Capital Group of Los Angeles. Douglas Dynamics is one o...
Steel giant LNM have been granted exclusive rights to negotiate for the privatization of certain assets of steel company Huta Czestochowa SA (HCz) and the shares of Huta Stali Czestochowa Sp z.o.o by the State Treasury o...
Kobe Steel and Mitsubishi Materials have agreed to merge their copper tube businesses in Japan and South East Asia, thus forming a joint venture. The joint venture will take effect as of April 1.
Kobe Steel will own 5...
North American steel manufacturer Dofasco have formed an agreement with Continuous Colour Coat Limited to manufacture, market and sell an innovative polymer laminate sheet metal.
Polymer laminate sheet metal is produc...
Bayou Steel has emerged from Chapter 11 Bankruptcy in a US$75million plan for re-organisation, satisfying all conditions set down by the bankruptcy court.
Under the proposed scheme, the steel producer will continue to...
It was announced on January 30, that Slater Steel (while operating under Chapter 11 Bankruptcy since June, 2003) had agreed to sell its Sorel Forge subsidiary to Tricap restructuring Fund for an undisclosed amount.
Ho...
Honeywell Process Solutions announced today that it has received a $4.1 million contract to automate all major areas of the Tata Steel G-Blast Furnace in Jamshedpur, India. The integrated automation solution will allow T...
Kobe Steel, Ltd. and its subsidiary Kobelco Construction Machinery Co., Ltd. plan to turn the crane operation at Kobelco Construction Machinery into a 100% owned subsidiary of Kobe Steel. The new company will be called K...
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