Bayou Steel has emerged from Chapter 11 Bankruptcy in a US$75million plan for re-organisation, satisfying all conditions set down by the bankruptcy court.
Under the proposed scheme, the steel producer will continue to...
It was announced on January 30, that Slater Steel (while operating under Chapter 11 Bankruptcy since June, 2003) had agreed to sell its Sorel Forge subsidiary to Tricap restructuring Fund for an undisclosed amount.
Ho...
Honeywell Process Solutions announced today that it has received a $4.1 million contract to automate all major areas of the Tata Steel G-Blast Furnace in Jamshedpur, India. The integrated automation solution will allow T...
Kobe Steel, Ltd. and its subsidiary Kobelco Construction Machinery Co., Ltd. plan to turn the crane operation at Kobelco Construction Machinery into a 100% owned subsidiary of Kobe Steel. The new company will be called K...
The Specialty Steel Industry of North America (SSINA) today released statistics covering U.S. imports, consumption and market penetration for January through November 2003.
Year-to-date imports through November 2003 ...
International Steel Group, ISG have agreed to buy most of the assets, including debt, of bankrupt Weirton Steel for $255 million.
Weirton Steel is America’s fifth largest integrated steel producer and second lar...
The Board of BlueScope Steel Limited, Australia’s leading steel company, has approved the construction of a major new flat steel metallic coating and painting facility in Suzhou Industrial Park in China’s Jia...
Allegheny Technologies Incorporated (ATI) announced on the 17th February 2004 that an Asset Purchase Agreement has been signed with Arcelor and J&L Specialty Steel, LLC under which a wholly owned ATI subsidiary will ...
The Siemens Industrial Solutions and Services Group (I&S) has received an order from the Chinese company, Baoshan Iron & Steel Group Co. Ltd. (Baosteel), to supply all the automation and electrical equipment for ...
Butler Manufacturing Company, the world's leading provider of pre-engineered metal building systems and a leading producer of architectural aluminum systems and components, announced today that it plans to be acquire...
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