Fives has signed a contract with Husteel to design and supply a complete solution to manufacture oil country tubular goods for its new plant in the USA. Husteel, part of South Korea’s Shinan Group, is a leading welded…
Commercial Metals Company (CMC) announced the purchase of EDSCO Fasteners LLC, a leading provider of anchoring solutions for the electrical transmission market, from MiddleGround Capital. EDSCO's custom engineered line…
Leeco Steel, North America's largest supplier of steel plate, has acquired Titan Steel in Alvarado, Texas, a steel plate processor. As part of the acquisition, Leeco will retain Titan Steel's entire staff, its Alvarado…
Commercial Metals Company (CMC), a US steel producer, has commenced operations at its new micro mill in Mesa, Arizona, according to a press release by Italian steel equipment manufacturer Danieli. The startup of “CMC…
Preliminary data from the Census Bureau reveals that the United States imported a total of 2.31 mln tons of steel in May 2023. Among these imports, finished steel amounted to 1.86 mln tons, marking a decrease of 2.6pct…
Sarralle Processing Lines has successfully obtained the final acceptance certificate for the recently installed new slitting line at North American Stainless (NAS), which is a part of the Acerinox Group. This…
United States Steel Corporation (U.S. Steel) provided second quarter 2023 adjusted net earnings per diluted share guidance of USD 1.81 to USD 1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately USD…
Nucor Steel Utah long-product rolling mill is producing spooled bars in coils in endless mode thanks to the installation of a K-Welder and a spooler line, supplied by Danieli. Coils weighing up to 5 tons of rebar #3 to…