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  • Intermet to Take Control of Joint Venture
    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...
  • Honam-LG Purchase of Hyundai Petrochem Finalised
    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...
  • Assoc for Iron and Steel Tech from AISE/ISS Merger
    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...
  • CO2 Absorbing Ceramics from Toshiba
    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...
  • Successful Test of ITmk3 Iron Making Technology
    News - 25 Jun 2003
    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...
  • New Instrument for Testing Steels
    News - 25 Jun 2003
    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...
  • Nippon Steel and Sumitomo Metal Integrate Stainless Operations
    News - 23 Jun 2003
    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...
  • AMC Mothball Stanwell Magnesium Project
    News - 23 Jun 2003
    Australian Magnesium Corp have decided to restructure the business plan for the Stanwell Magnesium Project in Queensland Australia. Under the plan for restructure, they have decided to mothball the...
  • SAMAG Sign Up Major Investor
    News - 20 Jun 2003
    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...
  • Steel Giant LNM Bids for Poland’s PHS
    News - 20 Jun 2003
    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...

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