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Industry Suppliers
The latest news on companies supplying equipment, products and/or services to the iron and steel industry.
Latest News
Essar Minnesota Names New Chief Executive
15 July 2016 - Essar Steel Minnesota has named a new chief executive to help guide the company through Chapter 11 bankruptcy and to help it complete its US$1.9 billion taconite mine and pellet plant, reports the Minneapolis Star Tribune.
Essar Steel Minnesota Loses Mineral Leases, Files for Bankruptcy
08 July 2016 - Essar Steel Minnesota, which had been building Minnesota’s first new taconite facility in years, filed for Chapter 11 bankruptcy on Friday, according to reports.
Acquisition Adds Couplings, U-Joints to Timken Co.'s Product Lineup
08 July 2016 - The Timken Co. has acquired family-owned Lovejoy Inc., a maker of industrial couplings and universal joints, for US$66 million, Timken has announced.
Nucor Awards US$900M Material Handling Contract
06 July 2016 - Kinder Morgan Inc. has signed a US$900 million agreement to provide bulk material handling services at five Nucor Corp. facilities, the company has announced.
Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture
13 June 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.
Cliffs Natural Resources Moves Up Restart Schedule for Idled Mine
09 June 2016 - Iron ore miner Cliffs Natural Resources will reopen an idled Minnesota mine two months sooner than planned after securing third- and fourth-quarter orders from a new customer, the company announced on Thursday.
Primetals Signs Contract for Furnace Upgrades at German Mill
07 June 2016 - Primetals Technologies has won an order to modernize the electric arc furnace at BGH Edelstahlwerke GmbH’s Freital facility in Germany.
Fives Names New President of Machine Tool Manufacturing Unit
06 June 2016 - Longtime manufacturing executive Steve Thiry has been named president of production machinery manufacturer Fives Cincinnati, the company has announced.
Severstal Plans Pickling Line Upgrade
31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.
ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement
31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.
TPC Wire & Cable Signs Distribution Agreement in Korea
24 May 2016 - U.S.-based TPC Wire & Cable Corp. has signed a distributor agreement with South Korea’s Broland Korea Co. Ltd., it has announced.
Refractories Manufacturer Looks Overseas for Growth
16 May 2016 - Pittsburgh, Pa.-based refractory maker HarbisonWalker International has taken a few more steps to reorganize itself following its exit from asbestos-related bankruptcy, hiring a new chief technical officer, revealing its intent to expand overseas and unveiling a rebranding effort.
Terex Cancels Merger With Konecranes, But Strikes a Different Deal
16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.
Cliffs Natural Resources, Essar Steel Reach Settlement
29 April 2016 - Canada’s Essar Steel Algoma has settled its dispute with iron ore miner Cliffs Natural Resources over their pellet supply agreement, the steelmaker has announced
Founder of EAF Supplier EMPCO Ltd. Dies at 85
26 April 2016 - Edgar R. Wunsche, an engineer who founded Ontario-based EMPCO Ltd. and an AIST Life Member, died Friday, 22 April 2016, at Toronto General Hospital in Canada. He was 85.
Quad Infotech Commissions New Manufacturing Software at Virginia Mill
25 April 2016 - Software engineering and design firm Quad Infotech Inc. has completed commissioning of its QMOS manufacturing execution system at Gerdau’s large section plant in Petersburg, Va., USA, the company has announced.
German Equipment Manufacturer Acquires Capco Machinery Systems
22 April 2016 - Germany’s Heinrich Georg GmbH is expanding its North American presence, acquiring roll grinder manufacturer Capco Machinery Systems for an undisclosed amount.
Electrode Maker Establishes Sales Office in Canada
22 April 2016 - Graphite electrode manufacturer SANGRAF International is opening a Canadian sales office and has hired an industry veteran to call on the electric arc furnace shops there, the company has announced.
Midrex Names New President, COO
08 April 2016 - Midrex Technologies Inc. veteran Stephen Montague has been named president and chief operating officer, the company has announced.
Primetals, Iran to Collaborate on Nearly EUR2 Billion in New Steel Projects
01 April 2016 - Primetals Technologies and Iran’s Fakoor Sanat Teheran Engineering Co. have signed an agreement to collaborate on a variety of steel-related projects estimated to be worth more than EUR1.8 billion, the company has announced.
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