Today Construction of a new $18-million facility, which will be erected on property adjacent to the Pittsboro mill, will begin this fall. The facility will have an annual capacity to process 160,000 tons of bar steel and...
Northrop Grumman Corporation has been awarded the 2005 Defense Manufacturing Technology (ManTech) Achievement Award by the U.S. Office of Naval Research for extraordinary accomplishments on the U.S. Navy's next-gener...
BlueScope Steel today announced it had commenced first production from its new metallic coating line in Vietnam ahead of schedule. The line is part of a state-of-the-art metallic coating and painting facility being built...
Royal Dutch Shell has announced the start of crude oil production from the Bonga deepwater oil and gas field, 120 kilometers offshore Nigeria. The target is to attain the current nameplate production of 225,000 barrels o...
Mittal Steel Company N.V., hasannounced that it has completed its acquisition of 93.02% of Kryvorizhstal.
Under the terms of the share purchase agreement, 3,590,038,755 shares have been transferred to Mittal Steel for...
Mechel OAO reports that its subsidiary, Chelyabinsk Metallurgical Plant, has restarted all three blast furnaces that were halted yesterday following the interruption of water supply to the plant by the local pumping stat...
ThyssenKrupp AG has resolved to submit a friendly takeover bid for a 100% interest in the Canadian steel producer Dofasco Inc. at a cash price of C$ 61.50 per share. The Supervisory Board by its Executive Committee (Pr&#...
Since the creation of the first working laser – a ruby model made in 1960 – scientists have fashioned these light sources from substances ranging from neon to sapphire. Silicon, however, was not considered a ...
Stelco Inc. announced this evening that a consensual agreement on the economic terms of a restructuring plan has been achieved among key stakeholders.
The stakeholder agreement has the support of four key stakeholder...
Mittal Steel Company has announced that its Canadian subsidiary, Mittal Canada Inc., has entered into a definitive agreement with Stelco Inc. of Ontario concerning the acquisition of Norambar Inc., Stelfil Ltee and Stelw...
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