Global steel production totaled 161.7 million metric tons in July, a 3.3 percent increase from the same month in 2020, the World Steel Association reported. For the year to date, global crude steel production of 1.17 billion tons was up 12.4 percent.
Read More The U.S. imported 3 million net tons and 2.1 million finished tons of steel in July, the American Iron and Steel Institute reported. Net tons were up 2.8 percent compared with the prior month, while finished steel imports increased 0.5 percent.
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Switzerland-based fehr is a warehousing logistics firm with a full-service presence in Charlotte, N.C. Offering tailor-made solutions for warehouse management, process optimization, design, installation and maintenance.
Read More Bill Maurer has been promoted to general manager of Olympic Steel’s Milford, Conn., facility. Maurer’s promotion is part of the facility’s planned succession, with longtime GM Gerry Phillips planning to retire in March 2022 after more than three decades in the metals industry.
Read More Eric Daniel, director of supply chain for NIM Group, was named the third winner of the Steel Market Update’s NexGen Leadership Award. He was honored at last week’s Steel Summit in Atlanta.
Read More Felux, Cleveland, has received $5.1 million in seed funding from several operations. The B2B marketplace received the money from Expa, with participation from 8VC and Lightbank.
Read More Alro Steel, Jackson, Mich., has acquired Metal Stock, a Philadelphia-based master distributor. The acquisition will allow Alro to grow its customer base, while providing improved service for cut-to-size metals and plastics.
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The largest trade show for the various segments of the metalworking industry returns to McCormick Place in Chicago this September.
Read More TCI Precision Metals has installed a second OMAX 80X waterjet machining center at its facility in Gardena, Calif. The new machine is the second waterjet added in the last 12 months to keep up with growing demand for precision machine-ready blanks and other specialty parts.
Read More SAF has launched a new website to keep up with the growth of the Atlanta-based company. Over the last decade, SAF has doubled its revenue and increased the total number of employees by 50 percent.
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