Thursday | 15 December, 2016 | 9:17 am

Synalloy Corp. signs definitive agreement to acquire the stainless steel pipe and tube operations of Marcegaglia USA

December 15, 2016 - The parties expect the transaction to close on or by March 1, 2017. The agreement will be structured as an asset purchase and will exclude galvanized product and ornamental tubing products. The purchase price for the transaction, which excludes real estate and certain other assets, is expected to range between $15 and $16 million.

Thursday | 15 December, 2016 | 9:13 am

U.S. Steel adjusts hot strip mill operating configuration to support asset revitalization process

December 15, 2016 - The company will begin processing slabs on the currently idled hot strip mill at Granite City Works in Granite City, Ill., in mid-February 2017. U.S. Steel intends to source slabs from its own domestic facilities.

Thursday | 15 December, 2016 | 8:55 am

Nucor announces guidance for its fourth quarter earnings

December 15, 2016 - Nucor expects fourth quarter results to be in the range of $0.30 to $0.35 per diluted share. This range is a decrease compared to the third quarter of 2016 consolidated net earnings of $0.84 per diluted share and a decrease compared to the fourth quarter of 2015 adjusted net earnings of $0.45 per diluted share.

Thursday | 15 December, 2016 | 8:52 am

GM invests in U.S. production capacity

December 15, 2016 - General Motors Co. announced investments of $552 million for U.S. manufacturing facilities: Tonawanda, Lockport and Rochester, New York and Parma, Ohio.

Wednesday | 14 December, 2016 | 11:58 am

Commercial Metals Company subsidiary, CMC Steel Fabricators Inc., acquires Continental Concrete Structures Inc.

December 14, 2016 - CCS is a fabricator of post-tensioning cable and related products for commercial and public construction projects with a facility in Alpharetta, Georgia.  In addition, CCS provides professional design and value engineering services to the construction industry throughout North America.

Wednesday | 14 December, 2016 | 11:51 am

Execution of an agreement to sell shares of Western Tube & Conduit Corp.

December 14, 2016 - Nippon Steel & Sumitomo Metal Corporation announces that it has entered into an agreement with Wheatland Tube to sell the shares of Western Tube & Conduit Corporation, a subsidiary of NSSMC in the United States.

Tuesday | 13 December, 2016 | 9:33 am

Gateway Extrusions adds second new press

December 13, 2016 - Aluminum extruder Gateway Extrusions continues its multi-phase expansion program with the acquisition of a new 9-inch aluminum extrusion press manufactured by Mei Ruey Industrial. Purchased this summer and installed this fall, the equipment is in final stages of testing and calibration before being brought into full operation.

Monday | 12 December, 2016 | 9:53 am

TRUMPF opens technology and laser center in Silicon Valley

December 12, 2016 - New technology and laser center in Santa Clara – focus on coating technology and laser processing – close proximity to key customers and partners in consumer electronics and e-mobility sectors.

Tuesday | 06 December, 2016 | 12:51 pm

CENTRIA releases 2017 product catalog

December 6, 2016 - The catalog showcases a new approach to product presentation with separate sections for insulated metal panels (IMPs) and rainscreen systems, encompassing single-skin metal and backup panels.

Tuesday | 06 December, 2016 | 9:46 am

Nucor to acquire Southland Tube

December 6, 2016 - Nucor Corp. announced today that it has agreed to acquire Southland Tube, an independent manufacturer of hollow structural section (HSS) steel tubing, for $130 million, or approximately 8x average EBITDA over the 2011-2016 period.

Thursday | 01 December, 2016 | 10:14 am

Aluminum Association grows with three new member companies

December 1, 2016 - The Aluminum Association announced today the addition of three new member companies – Cerro Wire LLC, Granges Americas Inc. and Reynolds Consumer Products. The companies join the Association as producer members – firms that make or fabricate aluminum products.

Thursday | 01 December, 2016 | 8:56 am

Zekelman Industries announces the creation of Z Modular

December 1, 2016 - Zekelman Industries announced today the formation of Z Modular, a new modular construction business unit. Z Modular consists of VectorBloc Corp., Z Modular Fabrication and Connexio Building Systems Inc. (Connexio). These entities will design, build and install modular construction solutions.

Tuesday | 29 November, 2016 | 10:43 am

Constellium awarded Air and Space Academy medal for developing Airware

November 29, 2016 - Airware was launched in 2010 as a comprehensive offer of high-performance aluminum-lithium alloys for primary aerostructure.

Tuesday | 29 November, 2016 | 9:10 am

$600M order as basis for new voestalpine plant in Mexico

November 29, 2016 - voestalpine as a technology partner to the automotive industry enters the next stage of its internationalization with continued expansion in the NAFTA region, as well as in Europe and Asia. The deciding factor was an order worth almost USD 600 million in the automotive sector which the Group has recently signed with a premium manufacturer.

Tuesday | 22 November, 2016 | 5:08 pm

TECHNI Waterjet showcases Quantum NXT electric servo pump at Fabtech 2016

November 22, 2016 - During the Fabtech 2016 show in Las Vegas, TECHNI Waterjet featured the Intec 510-G2 (5 ft. by 10 ft.) Waterjet Cutting Machine complete with the latest Generation Four QUANTUM NXT (Electric Servo Pump) ESP66, the PAC 60 Five-Axis Cutting Head for taper elimination and 60 degree bevel cutting as well as our Advanced Diagnostics package with virtual maintenance intelligence.

Friday | 18 November, 2016 | 8:49 am

IndoMetal 2016: Gateway to Southeast Asia metal and steel market

November 18, 2016 - At the recent staging of indometal, International Metal & Steel Trade Fair for Southeast Asia, 200 exhibitors from 24 nations showcased a comprehensive range of products to 5,836 visitors from 30 countries. The next edition of indometal will take place from October 17 – 19, 2018 in Jakarta, Indonesia.

Thursday | 17 November, 2016 | 12:43 pm

Red Bud Industries receives order from Kloeckner Metals

November 17, 2016 - Red Bud Industries recently received an order for a .625 in. (16 mm) by 84 in. (2100 mm) Cut-To-length Line with Stretcher Leveling from Kloeckner Metals, Chicago.

Wednesday | 16 November, 2016 | 1:17 pm

McNichols Co. returns to spotlight as Amy Ruman scores back-to-back Trans Am Championships and third Daytona win

November 16, 2016 - Mark Saturday, November 12 as another milestone in Amy Ruman’s racing career. Her win at Daytona International Speedway catapulted her to the 2016 Trans Am Class Championship for the second consecutive year.

Thursday | 10 November, 2016 | 12:50 pm

Axalta expert focuses on fundamentals at Fabtech 2016

November 10, 2016 - Axalta Coating Systems announced that Mike Withers, responsible for Axalta’s architectural powder coatings in North America, will lead a technical session at the Fabtech 2016 tradeshow.

Monday | 07 November, 2016 | 2:30 pm

Alliance Steel installs new 72 in. stretcher leveler

November 7, 2016 - Alliance Steel is completing the installation of its newest piece of equipment; a Red Bud Industries 72 in. by .400 in. High Efficiency Stretcher Leveler with a 90,000 lb. coil capacity. This line will feature RBI’s SUREGRIP technology and will be capable of a 40-foot Stretch at under 8 seconds cycle time.

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