September 20, 2016 - Today, the Rebar Trade Action Coalition, a coalition of steel concrete reinforcing bar producers in the United States, filed petitions asking the U.S. Department of Commerce and the International Trade Commission to conduct antidumping investigations into Japanese, Taiwanese, and Turkish imports of rebar, and a countervailing duty investigation into Turkish imports of rebar. The petitions demonstrate that Japanese, Taiwanese, and Turkish rebar producers are dumping their product into the United States at margins ranging from 86.12 percent to 206.17 percent.
September 20, 2016 - Nucor Corp. announced that it is adding an additional cold mill at its Nucor Steel Arkansas division. The specialty cold mill complex will expand Nucor's capability to produce advanced high-strength, high-strength low-alloy, and motor lamination steel products. The mill will cost an estimated $230 million to build and is expected to be operational in approximately two years.
September 19, 2016 - The announcement marks the second such attainment by IBC of approved forging supplier status with a world-class shipbuilder in as many weeks. On September 13, IBC announced that it received “Approved Forging Supplier” status with General Dynamics’ Electric Boat Division.
September 19, 2016 - Nucor Corp. announced today that it has agreed to acquire Independence Tube Corporation, a leading independent manufacturer of hollow structural section (HSS) steel tubing, for $435 million, or approximately 6x average EBITDA over the 2013-2015 period.
September 19, 2016 - Slice of Stainless broke ground Sept. 6 on an expansion project that will nearly double the size of their Cincinnati headquarters to 55,000 square feet. The finished facility will cover almost six acres and include increased warehouse capacity, additional shearing equipment and improved material handling systems.
September 15, 2016 -The American Iron and Steel Institute today applauded the U.S. Senate’s passage, by a vote of 95-3, of the Water Resources Development Act, which will authorize more than $10 million worth of projects to improve navigation, replace and restore aging locks and dams, and provide aid to Flint, Mich. and other communities in need of replacing pipes, sewers and other drinking water infrastructure.
September 15, 2016 - The Aluminum Extruders Council joins CTTF in calling for action against China's market manipulations.
September 14, 2016 - WARDJet Inc. will be hosting the first ever Build It! Challenge at this year’s IMTS with Hypertherm. The event will be held at McCormick Place in downtown Chicago Sept. 12 – 17 as part of the SmartForce Student Summit.
September 14, 2016 - Metaldyne Performance Group Inc., a Southfield, Michigan-based provider of components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, plans to close Brillion Iron Works, Brillion, Wisconsin, about 10 days after it acquired the castings producer from Accuride Corp.
September 14, 2016 - Nucor Corp. expects its third-quarter earnings per share to range from 85 to 90 cents, up from 73 cents in the second quarter and 71 cents a year earlier.
September 2, 2016 - Dörken Corporation USA, an operating unit of Dörken MKS-Systeme, Herdecke, Germany and a global leader in the manufacture of corrosion protection coating systems, recently celebrated the 15th Anniversary of the company’s presence in North America. The company hosted coating and plating licensees, and OEM equipment manufacturers to a two-day conference and seminar at the Manistee National Resort in Manistee, MI., August 16-17, 2016.
August 29, 2016 - Aleris Corp., Cleveland, which rolls aluminum products worldwide, has agreed to a $2.33 billion buyout by Zhongwang USA LLC, which is majority-owned and led by Liu Zhongtian, who founded China Zhongwang Holdings Ltd.
August 29, 2016 - METALCON has partnered with the America’s Fund, a non-profit organization dedicated to helping veterans in all branches of the military. The program was created to direct urgently needed resources and financial support to injured and critically ill members of the U.S. Armed Forces along with their families, and is a self-funded program of the Semper Fi Fund.
Augut 25, 2016 - Nonprofit school celebrates students embarking on new careers in advanced manufacturing; Alex Funk named first Veteran student to earn every welding credential.
August 25, 2016 - The National Museum of Industrial History opened its doors to the public on the morning of Tuesday, August 2, 2016 following a short program and Ribbon Cutting Ceremony. The 30-minute program was attended by over 150 public officials, business leaders, educators, non-profit partners and community members.
August 23, 2016 - Located in booth C31102 in the Central Hall of the Las Vegas Convention Center, the exhibit will feature the company’s latest product lines - the CL-960 fiber laser, the MAXFORM high speed hydraulic press brake, and the recently introduced GOFORM electric press brake.