Current News

Forza Steel is investing $60 million to build a new manufacturing facility at the Port of Brownsville. The Mexican company, which specializes in the manufacturing of carbon steel pipe, plans to install equipment in July to begin rolling mill operations.

International technology group ANDRITZ has received an order from North American Stainless, Ghent, Ky., to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and an upgrade of the existing annealing and pickling line No. 2. The cold-rolling mill will feature the newly developed Sundwig MonoBlock design for longer service life and reduced operating expenses.

Nucor Corp., Charlotte, will cease production at Nucor Steel Longview as part of a reorganization of its plate group. Acquired by Nucor in 2016, the 100,000-ton capacity mill produces heavy steel plate.

The Copper Development Association is challenging letters sent by the U.S. Geological Survey to congressmen and senators, denying a bipartisan request to immediately add copper to the official Critical Minerals list due to its dramatic supply risk.

Western Canadian service center company Varsteel Ltd. has expanded to the other side of the country with the acquisition of Atlantic Tube & Steel Inc., Mississauga, Ontario. The Atlantic Tube & Steel acquisition continues fulfills strategic growth objective by establishing tubing capabilities and offering a comprehensive range of tubing products, the company said.

Chemcoaters, a provider of corrosion-inhibiting metal coatings for several industries, has successfully developed and launched a thin-film coating for cold-rolled and hot-rolled pickled and oiled steel. This thin-film coating, named FeGuard, is the first of its kind to offer significant corrosion protection to these substrates. FeGuard is designed for application to master coils on Chemcoaters’ coil coating line and is aimed at providing alternatives to lower zinc coating weights.

American Metals Supply Co., Springfield, Ill., has been acquired by MacArthur Company. MacArthur is a 110-year-old, employee-owned building products distributor.

Galvaprime S.A. de C.V., Santa Catarina, Nuevo Leon, Mexico, has placed an order for a new AGT 800 Laser Thickness Guage from Advanced Gauging Technologies.

Aluminum shipments from service centers continued to decline in April, the Metals Service Center Institute reported in its latest Metals Activity Report.

The Biden administration released a plan to reduce greenhouse gas emissions generated by U.S. power plants in an effort to combat climate change. The National Manufacturers Association was among several groups critical of the proposal.