Kobe Steel and its subsidiary Shinko Pantec are looking to consolidate the environmental business of Kobe Steel with Shinko Pantec in January 2004. The aim of this move would be to concentrate the management resources of...
International Steel Group (ISG) have signed an asset purchase agreement to acquire substantially all of the assets of bankrupt Bethlehem Steel.
The agreement which was agreed to in principle in early February, covers...
Industrial packaging leaders Greif Bros have just opened a steel drum plant in Jiangsu, China. Jiangsu is located near the major port of Shanghai.
The new plant is in addition to their Ningbo plant, which has been ope...
Since the reports yesterday that Corus was attempting to fast track the sale of its aluminium business to Pechiney there have been significant developments, both on this deal and relating to their carbon steel business.
...
Following the collapse of the pedestrian bridge over the Lowes Motor Speedway (USA) on May 29, 2000, the judge has dropped the case against Anti-Hydro International, a manufacturer of a concrete additive used in the brid...
Following a poor year in 2002 and an aborted merger with Brazilian steel maker CSN, Corus are trying to fast track the sale of their aluminium business to Pechiney.
The sale which was announced back on October 24 has ...
In the ongoing battle to secure the assets of National Steel, AK Steel and National Steel have agreed to extend the deadline for AK Steel to finalise an agreement with the United Steelworkers of America (USWA).
One of...
Stelco have announced that they will close Welland Pipe Ltd, their large diameter pipe mill in Ontario, Canada.
The announcement follows on from the plant being idled on June 30, 2002 due to a lack of orders both curr...
The US Food and Drug Administration (FDA) have recently given their blessing to the first ceramic on ceramic hip implant.
Hip implants or total hip replacements are used to replace hip joints in patients who have dise...
The bankrupt Wheeling-Pittsburgh Steel had its $250 million package from the Federal Emergency Steel Loan Guarantee Board rejected last Friday. This loan had been seen as the companies saviour since it applied for bankru...
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