DUE TO EXPORT DUTIES AND DUMPING, JINDAL STAINLESS'S REVENUES DECLINE FROM JULY TO SEPTEMBER 2022 Due to import dumping and an export tax, the Indian stainless steel manufacturer Jindal Stainless reported a second-quarter profit that more than halved. The company's combined earnings for the three ...
THE MICHIGAN FACILITY OF WORTHINGTON SPECIALTY IS PURCHASED BY MARUBENI-ITOCHU STEEL. Through its North American affiliate, Marubeni-Itochu Steel America Inc. (MISA), Marubeni-Itochu Steel Inc. announced that it has finished buying the last Worthington Specialty Processing facility in ...
MODERNIZATION OF EAF AT BIRMINGHAM FACILITY BY NUCOR STEEL The order for a new automatic temperature and sample manipulator for the EAF from CATFIS was given to MORE North America by Nucor Steel Birmingham, USA. The CATFIS manipulator is a quick and accurate ...
HOA SEN GROUP HAS WON THE VIETNAM VALUE 6TH TIMES IN A ROW On November 2, a ceremony to honor 172 businesses with 325 products that achieved the Vietnam Value in 2022. HSG has won this six times in a row achieved the Vietnam Value in 2022 This accomplishmen...
GLOBAL PRODUCTION OF STAINLESS STEEL FELL BY 3.5 PERCENT YEAR OVER YEAR IN THE FIRST QUARTER OF 2022 The first half of 2022 saw a 3.5 percent YoY reduction in stainless steel melt shop output, according to the most recent data from the World Stainless Association (Worldstainless). China produced 17.2...
FOR ITS ILLINOIS-BASED TUBULAR GOODS OPERATION, NUCOR PURCHASES A PACKAGING SYSTEM A packing system and cutoff from Fives have been ordered by the steel manufacturer Nucor Corp. for their tubular products factory in Marseilles, Illinois. A new Taylor-Wilson packaging method will be ...
FORD AND TATA STEEL IJMUIDEN STRIKE AN AGREEMENT FOR THE SUPPLY OF GREEN STEEL When the IJmuiden steelworks transitions to using green hydrogen-based steelmaking, Tata Steel Nederland will start supplying Ford in Europe with Zeremis green steel. Ford will not be able to meet its...
NEW HEAD OF THE WORLD STEEL ASSOCIATION IS NAMED Jeong-woo Choi, the CEO of Posco Group, will take over as Chairman of the World Steel Association (worldsteel), spearheading a major transformation for the steel sector to become more environmentally ...
AMSA OPENS ITS NEW RAIL AND STRUCTURAL MILL ArcelorMittal South Africa (AMSA), a manufacturer of steel, has opened its facility for ArcelorMittal Rail and Structures (AMRAS), which it just bought. The previous Highveld Structural Mill in Emalah...
IN AN AGREEMENT TO RESEARCH LOW-CARBON STEELMAKING TECHNOLOGY, THYSSENKRUPP AND ANGLO AMERICAN Anglo American, a major mining company, and Thyssenkrupp Steel Europe, a dependable client, have signed a memorandum of understanding to work together on finding innovative ways to decarbonize the ste...
TOKYO STEEL WILL MAINTAIN THE SAME RATES IN NOVEMBER The leading producer of electric-arc furnace steel in Japan, Tokyo Steel Manufacturing Co Ltd, announced that it will maintain steel product pricing in November in order to reflect poor global demand ...
IN NUEVO LEON, FRISA WILL LAUNCH A LONG STEEL ROLLING FACTORY For its first long product rolling mill, which will produce 80 tph of high-quality rounds and squares in alloy, carbon, tool, and stainless steels for various industrial applications, the top Mexican ...
