Olympic Steel acquires Central Tube & Bar Olympic Steel Inc. [1] has officially announced its acquisition of Central Tube & Bar, based in Conway, Arkansas. In a press release, the company indicated that this all-cash purchase is anticipated ...
US and Mexico to reinstate steel and aluminum export monitoring amid transparency concerns In response to concerns raised about the lack of transparency in their surveillance system, the United States and Mexico have jointly announced their decision to reinstate monitoring measures for stee...
JSW Steel Limited of India acquires full ownership of NSL Green Recycling from Partner NSH JSW Steel Limited [1] , a prominent Indian steel manufacturer, has announced a significant development in its business portfolio. The company has recently finalized a share purchase agreement with Nat...
Feralpi Stahl commissions green steel scrap processing plant in Riesa, Germany Feralpi Stahl [1] , a German rebar producer and subsidiary of Italy's Feralpi Group, has announced the inauguration of the initial phase of its new scrap processing plant in Riesa, aligning with its c...
Breaking News: Mexican Construction Hits $3.23 Billion in July In July, the Mexican construction industry achieved a remarkable milestone, reaching a new record with a total value of $3.23 billion, or MXN 56.82 billion at the current exchange rate. This achieveme...
Argentina's steel production increases in August Initial figures released by Acero Argentino (AA) [1] , Argentina's steel industry chamber, suggest that crude steel production in August surged by 22.0 percent to reach 421,900 metric tons, marking a...
US CRC exports up 6.2 percent in July Based on export data provided by the US Department of Commerce , in July 2023, the United States witnessed a notable increase in its exports of cold rolled sheet, reaching a total of 71,674 metric ton...
Rebar consumption in Mexico up 11.6 percent in July In July, the apparent consumption of rebar in Mexico experienced a notable 11.6 percent year-over-year surge, reaching a total of 328,000 metric tons (mt). This marks the second consecutive annual inc...
Tenaris acquires pipe processing plant in US Tenaris [1] has successfully completed the acquisition of Republic Tube LLC's pipe processing facility in Houston, Texas. This acquisition encompasses the entire property, including land, buildings, ...
Chinese Iron Ore Imports Surge by 7.4% from January to August Chinese customs authorities reported that in the period from January to August this year, China's iron ore imports totaled 775.658 million metric tons, showing a 7.4 percent increase compared to the p...
SAIL begins next phase of modernization and expansion with IISCO Steel Plant The state-owned Indian steel producer, Steel Authority of India Limited (SAIL) [1] , is embarking on the next phase of its expansion and modernization efforts for its mills. According to company insi...
Turkey's steel output moves up in July, first rise in 14 months In July of this year, Turkey's crude steel production surged by 7.7 percent compared to the previous year, reaching a total of 2.9 million metric tons, as reported by the Turkish Steel Producers' Ass...
