News archive

Sanjeev Gupta plans for massive Australian steel plant

Sanjeev Gupta plans for massive Australian steel plant

Liberty Primary Steel, part of Sanjeev Gupta’s GFG Alliance, announced major steps towards the transformation of the alliance’s Whyalla steelworks, signing contracts worth more than AUD 600M.GFG Alliance...
18 December 2018
ArcelorMittal call for green border adjustment

ArcelorMittal call for green border adjustment

ArcelorMittal called for Europe to introduce a green border adjustment whereby steel imported into Europe has the same standards applied on CO2 as European-produced steel under the Emissions Trading System...
17 December 2018

CNNC’s mass production of nuclear-grade zirconium alloy

According to an announcement by China National Nuclear Corporation (CNNC), China’s first batch of self-developed zirconium alloy materials, N36, assemblies of CF3 nuclear fuels, which can meet the demands...
17 December 2018

McDermott awarded FEED contract by Meridian Energy

McDermott International, Inc. (MDR) announced a sizeable contract award for front-end engineering design (FEED) services of the Davis Refinery Project in Billings County, North Dakota, a grassroots refinery...
17 December 2018

Subsidiary of SYNL sign agreement to acquire ASTI

Synalloy Corporation (SYNL) recently announced that its wholly-owned subsidiary, ASTI Acquisition, LLC, has signed a definitive agreement to acquire all of the assets of American Stainless Tubing, Inc....
17 December 2018
thyssenkrupp Materials Services gets new CEO

thyssenkrupp Materials Services gets new CEO

Klaus Keysberg, CFO of thyssenkrupp Materials Services, is to become CEO of the company with effect from January 2019. In addition, Ilse Henne will join the board of the business area as Chief Operating...
17 December 2018
Hygienic Fabrication can be Exotic

Hygienic Fabrication can be Exotic

Bespoke stainless steel fabricators, Axium Process, specialise in hygienic engineering design, fabrication and system solutions utilising a wide range of corrosion resistant superalloys including exotic alloys....
14 December 2018

Equinor receives approval for Troll phase 3 development

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of NOK 7.8bn will help extend the productive life of...
14 December 2018
Primetals to supply billet caster and bar rolling line

Primetals to supply billet caster and bar rolling line

Primetals Technologies has received an order from Naveena Steel Mills (Private) Limited to supply a continuous billet casting machine and a bar rolling mill for a new mini mill in Port Qasim, Karachi....
14 December 2018

Finkl Steel Announces Price Increase

Finkl Steel, a subsidiary of the SCHMOLZ + BICKENBACH Group, will increase prices by $0.03/lb. USD for all new orders booked on or after January 1, 2019. This price increase will be effective for all products...
14 December 2018