Metso is continuing to strengthen its presence in China by acquiring a manganese steel foundry (JX) in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai. The acquisition of JX will improve our capabilities to supply wear parts to our mining and construction industry customers in China and other markets in Asia Pacific.
Atlas Tube, a division of JMC Steel Group, announced today it will host its annual DFI Student Day on Wednesday, February 27, 2013, at the Atlas Pipe Piles Chicago manufacturing mill. Atlas Tube and the Deep Foundations Institute (DFI) welcome engineering students to the mill for a guided tour, lunch and various networking opportunities.
MMFX Steel Corporation announced today that the International Code Council Evaluation Service (ICC-ES) has issued Evaluation Report ESR-2107 for MMFX2, an uncoated corrosion-resistant and high-strength reinforcing steel. The report provides design guidance for using MMFX2 ASTM A1035 high-strength reinforcing steel up to 100 ksi beyond the current ACI 318 limitations from the American Concrete Institute (ACI).
China Gerui Advanced Materials Group Limited ("China Gerui," or the "Company"), a leading high precision, cold-rolled steel producer in China, today announced the introduction of a new laminated steel processing line at its existing production facilities in Zhengzhou, China. The new laminated steel processing production line is estimated to be completed, tested and to begin commercial production in the second quarter of 2013.
PSI China got a new order for the implementation of the production management system PSImetals at JISCO TianFeng Stainless Company. Jiuquan Steel and Iron Group (JISCO), located in Jiayuguan City in the Gansu Province, is the biggest carbon and stainless steel company in Northwest China. JISCO Stainless is the stainless branch of JISCO with an annual production capacity of 1.2 million tons. The main products are stainless cold rolled and hot rolled carbon steel and a small amount of stainless plates.
CDI Corp. today announced that it is working with Tenova HYL Technologies to assist Nucor Corporation in the development of Nucor's direct reduced iron-making facility in St. James Parish, Louisiana. The $750 million plant on a 4,000-acre site located along the Mississippi River midway between New Orleans and Baton Rouge is the largest of its kind in the world and is expected to produce two and a half million metric tons of direct reduced iron (DRI) annually.
The Iron Ore Industry has had a strong start to the new year as rising steel demand in China have sent prices for the commodity soaring to a 15-month high. Prices for iron-ore have rallied 75 percent from the lows seen in September. The Paragon Report examines investing opportunities in the Iron Ore Industry and provides equity research on Champion Iron Mines Ltd. and Labrador Iron Mines Holdings Ltd.
ThyssenKrupp today completed the combination of its stainless steel business Inoxum with the Finnish company Outokumpu.
Kobe Steel, Ltd. announces that Shinko Wire Company, Ltd. and Suncall Corporation will take equity stakes in its 100-percent owned steel wire company in China, Kobelco Spring Wire (Foshan) Co., Ltd. (or KSW).
Research and Markets has announced the addition of the "Iron and Steel Casting Market in China 2011-2015" report to their offering.
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