Leroux Steel stock and debt holders have unanimously supported the $185million takeover bid of Russell Metals. The deal has also been approved by Canada’s Federal Competition Bureau.
The acquisition of Quebec-ba...
Reliance Steel and Aluminum has just completed its acquisition of Ohio-based Precision Strip Inc for approximately $220 million, including about $26 million of debt.
Precision Strip is a metals processing operation co...
Following its strategy for international expansion, Smorgon Steel has announced that it will acquire a scrap metal business and open a trading office in India.
Pending due diligence, Smorgon Steel have agreed to purch...
Following its demerger from BHP Billiton, BHP Steel Ltd will be changing its name during the year 2003/4.
BHP Steel licensed the acronym "BHP" from BHP Billiton at the time of the demerger until June 30, 200...
Following a survey of the members of the Association of Iron and Steel Engineers (AISE) and The Iron and Steel Society, the majority voted for the name "Association for Iron and Steel Technology" or AIST, shoul...
Kobe Steel announced today that their Mesabi Nugget ITmk3 demonstration plant has begun continuous production of iron nuggets.
The plant located in Minnesota, USA, underwent its first trial run on May 24-25, when it s...
Following the tragedy of September 11, the National Institute of Standards and Technology, NIST have developed a new instrument for testing steel elements salvaged from the World Trade Center.
Based on a device that h...
At the end of last year Nippon Steel and Sumitomo Metal Industries agreed to integrate their stainless steel operations.
To be able to do this, they would both have to divest their stainless steel divisions and then e...
In contrast to the trials and tribulation of the Australian Magnesium Corp fiasco in Queensland Australia, the Magnesium International SAMAG project has just signed a memorandum of understanding with Thiess to fund the p...
Also bidding for Poland’s steel group PHS, is the world’s second largest steel manufacturer LNM. They are competing with the likes of US Steel, and are hoping to be granted exclusive rights to negotiate the p...
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