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  • News - 7 Jul 2003
    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...
  • News - 4 Jul 2003
    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...
  • News - 2 Jul 2003
    Alcan have just completed their acquisition of composite materials manufacturer Baltek. The $35 million deal closed after having been approved by Baltek shareholders. Following the acquisition,...
  • News - 2 Jul 2003
    NASA funded research has yielded the first proof of why liquid metals resist the transformation into solids and in the process have validated a 50 year old hypothesis. This phenomenon was observed...
  • News - 1 Jul 2003
    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...
  • News - 30 Jun 2003
    Canadian-based IPL Plastics will suspend operations at its Ontario plant on September 5. The company has cited a poor sales outlook for the suspension which will result in 150 workers being laid...
  • News - 27 Jun 2003
    US-based Intermet have entered into an agreement for them to assume 100% ownership of their 50:50 joint venture Fundicao Nodular S.A, in Portugal, also known as PortCast Foundry. Intermet...
  • News - 27 Jun 2003
    Details for the sale of Hyundai Petrochemical Co to the Honam-LG Consortium, consisting of Honam Petrochemical Corp and LG Chem have been finalised. The 1.76 trillion KRWon deal was approved by the...
  • News - 26 Jun 2003
    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...
  • News - 26 Jun 2003
    In the ongoing battle to reduce greenhouse emissions, Toshiba Corp and Toshiba Ceramics Co, have developed a new lithium silicate based material that can absorb up to 400 times its own volume in...

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