ANSC-TKS Galvanizing Co started production today. The plant located in Dalian, in China is a US$180 million development between Anshan Iron and Steel of China and Thyssen Krupp based in Germany.
The plant is the large...
The LNM Group, the world’s second largest and most global steel producer, today announces that LNM Holdings N.V. has been selected to enter into exclusive negotiations for the privatisation of BH Steel, Bosnia.
...
Providential Holdings, Inc. today announced that it has reached a memorandum of understanding to acquire and restructure Hefei Iron & Steel Group Company, Ltd, Hefei, Anhui Province, China.
Hefei Iron & Steel...
Rahal Letterman Racing's Buddy Rice, sponsored in part by The Timken Company, powered the #15 Argent Mortgage/Pioneer Honda/G-Force to victory in the rain shortened 88th running of the Indianapolis 500. Rice, driving...
Sandvik Process Systems, a product area within Sandvik Materials Technology and the company behind the world's first steel belt over 100 years ago, is set to expand its presence in the conveying market with the intro...
BWAY Corporation and North America Packaging Corporation announced today that the companies have signed a definitive agreement for BWAY to acquire all of the outstanding shares of North America Packaging Corporation, whi...
As a leader in the safety and protection market, DuPont yesterday announced production expansion plans for its high-performance DuPont™ Kevlar® para-aramid. DuPont plans to invest more than USD 70 million for t...
Allegheny Technologies Incorporated (ATI) announced today that it has completed the acquisition of certain assets of J&L Specialty Steel, LLC (J&L). The closing of the acquisition followed ratification on May 28,...
A consortium consisting of INI Steel and Hyundai Hysco, both divisions of Korean-based Hyundai Motor Group have signed an agreement to purchase bankrupt Hanbo Steel.
The purchase price was not publicized, with a final...
Shanghai BSW Petropipe Co Ltd, a joint venture between China’s Baoji Petroleum Steel Pipe Company and Malaysia’s UMW Group was launched yesterday. The two companies own 51 and 49% of the US$19million joint ve...
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