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Insteel acquires ASW’s PC Strand business

26 August 2014

Insteel Industries’ wholly-owned subsidiary, Insteel Wire Products Company (together referred to as Insteel) has completed the acquisition of substantially all of the assets associated with the pre-stressed concrete strand (PC strand) business of American Spring Wire Corporation (ASW) for a purchase price of approximately USD 36M.... Read more...

PennEast plans natural gas pipeline

26 August 2014

PennEast Pipeline Company is planning to construct a 100mi pipeline intended to lower the cost natural gas produced in the Marcellus Shale region to homes and businesses in Pennsylvania and New Jersey.... Read more...

Tata Steel to supply pipes to Subsea 7

26 August 2014

Tata Steel has signed a series of contracts with Subsea 7 to supply undersea pipes to four separate North Sea projects. The four contracts, signed over the past year and worth an estimated GBP 10M in total, will see Tata Steel supply in excess of 55km of pipe weighing more than 9,000t.... Read more...

Outokumpu LDX 2101 for PVI water heaters

25 August 2014

PVI Industries, an American water heaters manufacturer, selected Outokumpu’s proprietary lean duplex grade LDX 2101 to replace carbon steel in its water heaters. Using lean duplex has significantly reduced PVI Industries’ waste stream and increased the useful life of its water heaters.... Read more...

Metinvest applies new vessel-loading technology

25 August 2014

8,000mts of steel plates were loaded in open sea onto mv BeiHai, going from Mariupol port, Ukraine to EU ports. Loading was performed in the offshore zone of the Black sea. Total cargo quantity loaded on board of the vessel 33,000mts.... Read more...

Russula to upgrade Nucor Steel’s automation system

25 August 2014

Nucor Steel Utah Division in Plymouth, Utah, has contracted Russula to upgrade the automation system and drives for the stacker on its #2 bar mill. The new equipment is expected to improve productivity by reducing downtime due to aging electronics, faster processor speed and advanced control techniques.... Read more...

Foster Wheeler licensee wins HRSG contracts in Asia

25 August 2014

Foster Wheeler announced that BHI, a licensee of its Global Power Group, has been awarded two contracts for Heat Recovery Steam Generators (HRSGs) in Asia. BHI offers HRSGs, pulverised coal (PC) boilers, circulating fluidised bed (CFB) boilers and oil and gas boilers all utilising Foster Wheeler’s proven technology.... Read more...

John Bell Pipeline ups investment in premium stock

24 August 2014

John Bell Pipeline Equipment Company has invested in a significant order of duplex and super duplex pipe, fittings and flanges to satisfy the demands of the Subsea Oil & Gas market. After a successful year in 2013, John Bell Pipeline has reaffirmed its commitment to invest in stocking high-quality products by taking on a stock of duplex pipe, fittings and flanges back.... Read more...

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