Following the collapse of LTV Steel, Sumitomo Metals will be pulling out of L-S Electro-Galvanizing (LSE), the joint venture it established with LTV in 1985. Sumitomo intends to sell its 40% share in LSE to AK Steel Corp...
Republic Technologies International (RTI), the largest producer of high quality steel bars in the USA have received approval from the bankruptcy court to have all of it s assets acquired by RT Acquisition LLC. They have ...
Cargill Inc have just completed the sale of the tubular division of its subsidiary North Star Steel. The division has been purchased by “V & M Star”, a joint venture between Vollourec and Mannesmann Tubes...
After approval by the shareholders, the Australian Federal Court and other relevant bodies, the demerger of BHP Steel from BHP Billiton is set to proceed. The official separation of the two entities will take place on Ju...
Outokumpu Oyj has made a bid to take complete ownership of AvestaPolarit. To this end they have entered into an agreement to purchase the stock of Corus Group, the other primary shareholder.
Currently, Outokumpu hold ...
The Timken Company have recently formed a joint venture with Japanese companies Sanyo Special Steel and Showa Seiko. Together they will manufacture forged and machined rings for bearing manufacture. The joint venture is ...
On June 14th, Posco commenced work on their new tailored welded blanks (TWB) plant at the Kwangyang Works. When completed, the plant will have a capacity of 1.7 million sheets.
The first phase of construction will inv...
Kobe Steel and Solvay have joined forces to enter the PVC recycling industry in Japan. Under the agreement, Kobe Steel will become Solvay’s exclusive partner in Japan and the exclusive supplier of Solvay’s Vi...
Kobe Steel has entered into an agreement for Titanium Metals Corporation (Timet) to manufacture and market Kobe Steel’s Ti-9 alpha-beta titanium alloy under licence. Under the agreement, Timet will manufacture the ...
Slater Steel have entered into an agreement to purchase for US$7 million the assets of Austeel Lemont, a division of Auburn Steel, located in Lemont, Illinois. The Austeel facility has been idle since the end of February...
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