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Estimated net shipments of Aluminum sheet and plate by U.S. and Canadian producers totaled 750.1 million pounds in October, down 5 percent from the same month last year. Compared with the previous month, shipments increased 3.1 percent.
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A.M. Castle & Co., Oak Brook, Ill., reported net sales of $136.1 million In the third quarter, an 8.1 percent decline compared to the same month the prior year. The specialty metals distributor reported a net loss of $12.2 million, nearly double the $6.7 million loss reported in the same quarter of 2018.
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Swedish steelmaker SSAB plans to be the first company in the world to get fossil-free steel onto the market. The plan for transitioning to iron-ore based fossil-free steel production was presented to more than 400 customers and key players in the industry in Stockholm.
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U.S. Steel Corp., Pittsburgh, announced plans to reduce its greenhouse gas emissions intensity by 20 percent by 2030. The target applies to all U.S. Steel’s global operations. The emission reduction will be measured by the rate of carbon dioxide equivalents emitted per ton of finished steel shipped, compared with 2018 baseline levels.
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U.S. steel shipments declined for the 14th straight month, while Canadian shipments returned to decline after a one-month reprieve, the Metals Service Center Institute reported in its latest Metals Activity Report.
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Samuel Nelson Technology has completed the design and supply of key process equipment in the Purdue pickle line at Nucor Crawfordsville. The revamp of the pickling line involved replacing the existing pickling and rinse tanks and converting the process from a 3-stage to a 4-stage pickle line in order to increase pickling speeds, reduce acid consumption and reduce load on the fume extraction system.
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Chicago-based UPG Enterprises, a strategic operator of metals and logistics companies, will expand Contractors Steel west into Arizona; growing the geographic footprint of both brands. In anticipation, UPG has consolidated the Contractors Steel Livonia, Mich., plant into its Van Buren, Mich., facility.
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Red Bud Industries has installed a 0.250-inch by 60-inch High Speed Slitting Line at Oilfield Pipe & Supply’s tube and pipe manufacturing facility in Dewey, Okla. The new line is rated for coil weights up to 50,000 pounds.
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FABTECH, the largest annual trade show for the metal forming, fabricating, welding and finishing industries, wrapped up its four-day event Thursday, Nov. 14. This year’s show will mark the last Chicago event held in November, as the Midwestern event shifts in future years to September.
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Flack Global Metals plans to build a coil coating and downstream processing facility adjacent to Big River Steel's Flex Mill located in Osceola, Ark. FGM has plans to invest approximately $150 million with its business expansion plan.
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