Duferco unveils cutting-edge sustainable SBM rolling mill in Italy In a momentous event on Monday, October 16, Duferco Travi e Profilati [1] inaugurated its innovative Smart Beam Manufacturing (SBM) rolling mill in San Zeno Naviglio, Italy. This remarkable facility...
Indian steel companies and private equity funds eye steelmaking and iron ore assets of Vedanta Reports from industry sources on October 13 indicate that India's JSW Steel [1] , ArcelorMittal Nippon Steel Limited (AMNS) [2] , and a group of private equity investors are actively pursuing the ac...
US line pipe imports up 14.2 percent in August Based on the latest data from the US Department of Commerce's [1] final census report, line pipe imports in the United States reached 68,004 metric tons in August 2023. This represents a notable 14....
US construction sector adds 11,000 jobs in September In September, the US construction industry saw a noteworthy uptick in employment, with an additional 11,000 jobs added to its workforce. This growth occurred against a backdrop of remarkably low unemp...
JFE Steel to Provide Green Steel for Sumitomo's Suidobashi PREX Project JFE Steel [1] , a leading steel manufacturer from Japan, is set to make its debut in the real estate and construction sector by providing environmentally friendly steel products branded as JGreeX™. Th...
Olympic Steel acquires Central Tube & Bar Olympic Steel Inc. [1] has officially announced its acquisition of Central Tube & Bar, based in Conway, Arkansas. In a press release, the company indicated that this all-cash purchase is anticipated ...
US and Mexico to reinstate steel and aluminum export monitoring amid transparency concerns In response to concerns raised about the lack of transparency in their surveillance system, the United States and Mexico have jointly announced their decision to reinstate monitoring measures for stee...
JSW Steel Limited of India acquires full ownership of NSL Green Recycling from Partner NSH JSW Steel Limited [1] , a prominent Indian steel manufacturer, has announced a significant development in its business portfolio. The company has recently finalized a share purchase agreement with Nat...
Feralpi Stahl commissions green steel scrap processing plant in Riesa, Germany Feralpi Stahl [1] , a German rebar producer and subsidiary of Italy's Feralpi Group, has announced the inauguration of the initial phase of its new scrap processing plant in Riesa, aligning with its c...
Breaking News: Mexican Construction Hits $3.23 Billion in July In July, the Mexican construction industry achieved a remarkable milestone, reaching a new record with a total value of $3.23 billion, or MXN 56.82 billion at the current exchange rate. This achieveme...
Argentina's steel production increases in August Initial figures released by Acero Argentino (AA) [1] , Argentina's steel industry chamber, suggest that crude steel production in August surged by 22.0 percent to reach 421,900 metric tons, marking a...
US CRC exports up 6.2 percent in July Based on export data provided by the US Department of Commerce , in July 2023, the United States witnessed a notable increase in its exports of cold rolled sheet, reaching a total of 71,674 metric ton...