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Magnetation LLC Reaches Agreement with Noteholders to Restructure Balance Sheet and Provide New Financing

08 May 2015 - - Secures $135 Million in Debtor-In-Possession Financing to Implement Financial Restructuring as Part of Chapter 11 Reorganization Filing - Operations and Customer Shipments to Continue Uninterrupted

Co-Operation Agreement Signed Between Paul Wurth and China Steel Corp.

08 May 2015 - On 8 April 2015, Paul Wurth S.A. and the Taiwan-based steelmaker China Steel Corporation (CSC) signed a Co-operation Agreement in the field of upcoming ironmaking plant construction projects in the Southeast Asian region, including material handling, sinter plants, blast furnaces and direct reduction plants.

New Coal-Injection Plant for Salzgitter Flachstahl GmbH

07 May 2015 - Salzgitter Flachstahl GmbH (SZFG) has invested in a new major plant within the metallurgy area, namely the coal-injection system for the A and B blast furnaces. This plant has now commenced operation and is already reducing the costs for pig iron production.

AK Steel's Coshocton Works Recognized For Outstanding Safety Performance

07 May 2015 - AK Steel's Coshocton (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Coshocton County Safety Council and Chamber of Commerce.

ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks

06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.

Valmont Coatings Division Wins the Prestigious "Lifetime Achievement Award" in Hot-Dip Galvanizing

06 May 2015 - At its recent Annual Meeting, the American Galvanizing Association (AGA) awarded Valmont's Coatings Division top honors in four Excellence Categories associated with the hot-dip galvanizing process. More than 100 projects from galvanizers from around the world were submitted to a panel of architects and engineers to be judged in 14 Categories.

ARCEO launches a 60 million EUR investment in Belgium with a breakthrough coating technology

05 May 2015 - ARCEO, a joint venture from ArcelorMittal and Sogepa (Société de Gestion et de Participations) is investing 60 million EUR in the construction of an innovative coating line at Kessales (Liège) in Belgium.

Hyster-Yale Materials Handling, Inc. Announces First Quarter 2015 Results

05 May 2015 - Highlights: Consolidated revenues decreased 7.9% due to currency and lower unit volume Transition to new Brazil plant major driver of volume decline Lift truck segment gross margin increased to 16.7% from 16.5% despite negative currency Q1 2015 Lift truck segment net income declined to $17.5 million from $22.1 million in Q1 2014 Nuvera generated Q1 2015 operating loss of $6.0 million and net loss of $3.6 million

Schwartz: Three Hardness Zones in the Same Blank

05 May 2015 - At the Thermprocess trade fair, Schwartz will be premiering two innovations developed in-house for the press hardening of sheet metal: tailored tempering with a "thermal printer" produces different hardness zones in the part, while a dew point control system for the air atmosphere of roller-hearth furnaces reduces the risk of oxygen-induced embrittlement.

Yakov Gordon Presents the Howe Memorial Lecture at AISTech 2015

04 May 2015 - The Howe Memorial Lecture was the opening session at AISTech 2015 in Cleveland, Ohio, USA.

Freudenberg-NOK Sealing Technologies Develops Leak-Tight Radial Shaft Seal for Roller Bearings in Steel Plants

04 May 2015 - Freudenberg-NOK Sealing Technologies' unique solution to the roller bearing challenges found in steel plants – the Merkel Radiamatic RPM 41 radial shaft seal – will be on display at AISTech, Steel's Premier Technology Event in Cleveland, Ohio, May 4–6.

Quaker Chemical Spotlights its Fire Resistant Hydraulic Fluids, Specialty Grease Solutions, and Industry Speakers

04 May 2015 - In high temperature environments, such as steel mills, fires can spontaneously happen with an increased frequency due to the widespread use of highly flammable mineral-oil based products.

Alpha Natural Resources Announces Results for First Quarter 2015

04 May 2015 - Alpha Natural Resources, Inc., a leading U.S. coal supplier, reported a first quarter 2015 net income of $68 million or $0.30 per diluted share, compared with a net loss of $56 million or $0.25 per diluted share in the first quarter of 2014.

Linde Industrial Gas Technologies Help Steelmakers Improve Operational Efficiencies and Profitability

04 May 2015 - Experts in steel metallurgy and process gas engineering from Linde LLC and Linde Engineering North America Inc. (Blue Bell, PA) will showcase technologies for improving plant productivity, product quality and environmental performance at AISTech 2015 at the Cleveland Convention Center, May 4-6.

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