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 ...
Stelco announced that they were considering divesting their wholly owned subsidiary AltaSteel after soliciting interest in the possible sale. They have received several letters of intent and are now considering their opt...
Arcelor have granted India’s Tata Steel a licence to use their technology to produce hot dip galvanised products for the automotive industry. The licence covers both pure zinc hot dip galvanising and galvannealed p...
The American Iron and Steel Institute’s merger with the Iron and Steel Society has been overwhelmingly approved by members of both organisations.
Both organisations held meetings to vote on the merger, with 97.7...
Indian Steel Maker Tata Steel has made further inroads into the automotive industry, securing an order to supply 5% of Proton’s requirements, with supply to commence in this quarter.
Proton’s requirements ...
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