Just days after announcing its plan to invest $500 million at the JSW Steel USA Baytown, Texas, facility, India’s JSW Steel Group is making another push into the U.S. market. The company reportedly has agreed to acquire the Acero Junction facility in Mingo Junction, Ohio, for $80.9 million.
Read More Carpenter Technology Corp. announced in March that it will invest $100 million in its Reading, Pa., facility. Planned upgrades include soft magnetics capabilities and a new precision strip hot rolling mill.
Read More Shipments of U.S. steel and aluminum products showed year-over-year gains in February, while Canadian steel shipments also ticked forward during the month, according to the latest Metals Activity Report from Rolling Meadows, Ill.-based Metals Service Center Institute.
Read More The American Iron and Steel Institute, Washington, reported that the U.S. imported 2.4 million tons of steel and 1.9 million tons of finished steel in February, according to Census Bureau data.
Read More World crude steel production totaled 131.8 million metric tons in February, a 3.5 percent increase over the year-ago month, reports Brussels-based World Steel Association.
Read More The U.S. International Trade Commission issued a unanimous determination that U.S. industry has been materially injured by unfairly traded imports of certain aluminum foil from the People’s Republic of China.
Read More Global stainless steel meltshop production increased 5.8 percent to 48.1 million metric tons in 2017, reports the International Stainless Steel Forum, Brussels.
Read More Metalforming companies expect an improvement in business conditions during the next three months, according to the Precision Metalforming Association.
Read More If you’re reading this, you’ve almost certainly already noticed something different about our website.
Read More Aleris Corporation, Cleveland, reported a net loss of $107 million in the fourth quarter and $211 million for the full year.
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