Read More JSW Steel USA, Inc. a subsidiary of India’s JSW Steel Ltd., will invest $110 million in steel plate mill modernization projects with sustainable technology and equipment within its manufacturing facilities in Baytown, Texas. These investments will enable the production of high-quality monopile steel slabs to support the U.S. Administration’s new actions to expand offshore wind energy by deploying 30 gigawatts of offshore wind by 2030, enough to power 10 million homes with clean energy.
Read More National Tube Supply, a premium supplier of mechanical tube and chrome bar, has broken ground on a new facility in Hemet, Calif.
Read More Celebrating its 30th anniversary of assembling BMWs for the world, BMW Manufacturing opened its press shop as it prepares to assemble the new BMW X3 Sports Activity Vehicle at the Spartanburg, S.C., plant. The press shop will stamp sheet metal parts for the new BMW X3, which made its North American debut during the ceremony. These components include hang-on parts such as the vehicle’s four doors, fenders, lift gate, and exterior body sides.
Read More Demand for aluminum products in the United States and Canada increased 4.3 percent in the first quarter compared with the same three months of 2023, the Aluminum Association reported. Demand totaled just under 7 billion pounds through March.
Read More For several years, steel and aluminum industry executives have frequently touted the need to revisit nuclear power as a solution to the nation’s energy concerns. That’s only accelerated in the ongoing push for decarbonization.
Read More Delaware Valley Steel, a leading processor and distributor of carbon and alloy steel plate, has appointed Bill Leahy as its new president, effective July 1. He had been serving as company vice president.
Read More The Petersburg, Va., steel mill operated by Gerdau Long Steel North America has reached its 25th anniversary. Since its establishment in 1999 by TXI Chaparral, the mill has manufactured world-class products, provided outstanding career opportunities, fostered strong community partnerships, and served as a leader in sustainability, the company claimed. Gerdau acquired the mill in September 2007.
Read More Hypertherm's OMAX Corporation has launched OMAX Order, a mobile application designed to streamline part orders for OMAX machine owners and operators.
Read More Friedman Industries reported net earnings of $17.3 million in its fiscal year 2024, the second-most profitable year in the company's history. Net sales for the year totaled $516.3 million, a 5.6 percent decline from 2023.
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