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Cathay Fortune makes bid for Discovery Metals

Cathay Fortune makes bid for Discovery Metals Cathay Fortune Corp., a Shanghai-based private equity firm, offered Discovery Metals Ltd., Brisbane, Australia, 1.70 Australian dollars per share in cash for stock in the copper producer with mines in Botswana. >

BGL’s Metals Practice sells two tube companies

Philadelphia-based Superior Group sold Superior Tube Company Inc., Collegeville, Pa., and Fine Tubes Ltd., Plymouth, U.K., to private equity firm The Watermill Group, Lexington, Mass. >

Simonds buys Cal Saw Canada’s sawing assets

Simonds International, Fitchburg, Mass., purchased Cal Saw Canada’s wide band saw manufacturing and circular saw finishing assets. >

Chicago Steel expands services

Toll processor Chicago Steel LLC, Gary, Ind., purchased a 60-inch precision blanking line to expand its services. >

Sapa Extrusions hosts annual health and safety day

In September, Sapa Extrusions North America, Rosemont, Ill., hosted its third annual health and safety day at each of its 16 locations. >

ThyssenKrupp Materials NA expands in Alabama

ThyssenKrupp Materials North America Inc., Southfield, Mich., is building a materials processing and distribution center in Woodstock, Ala., about 30 miles outside Birmingham. >

Stephens Pipe & Steel adds Universal Tube mill

In October, Stephens Pipe & Steel LLC, Russell Springs, Ky., commissioned Universal Tube and Rollform Equipment Corp., Perrysburg, Ohio, to build an Ardcor rafted tube mill to produce tubes up to 4 inches in diameter. >

Blue Ridge Metals expands NC facility

In October, Blue Ridge Metals Corp., Fletcher, N.C., a supplier of wire processing and cold-formed products, expanded its North American manufacturing facility. >

Reliance Steel & Aluminum Co. buys Sunbelt Steel Texas

In October, Los Angeles-based Reliance Steel & Aluminum Co. added Sunbelt Steel Texas LLC, Houston, to its family of companies. >

Metal Supermarkets breaks sales records

Metal Supermarkets, Mississauga, Ontario, a supplier of small-quantity metals, experienced solid growth this year. >

OMAX Corp. selects Middle East distribution partner

OMAX Corp., Kent, Wash., a total solutions provider of abrasive waterjet technology, named its new distribution partner for the Middle East, German-Gulf Enterprises Ltd., Sharjah, United Arab Emirates. OMAX Corp. >

American Biltrite earns tape certification

This summer, American Biltrite, Moorestown, N.J., received a responsible tape manufacturer certification from the Pressure Sensitive Tape Council, a pressure-sensitive adhesive trade group. >

SMS buys two scrap metal operations

Scrap Metal Services LLC, Burnham, Ill., acquired ship recycler All Star Metals LLC and industrial scrap processor All Star Shredding LLC, both in Brownsville, Texas. >

Herr-Voss Stamco hosts ELT seminar

In August, coil processing equipment manufacturer Herr-Voss Stamco, Callery, Pa., hosted a leveling seminar in Pittsburgh to educate attendees about the company’s Enhanced Leveling Technology. >

Metal Coaters rebrands identity, adds Ohio facility

Metal Coaters, Houston, recently launched its new website, www.metalcoaters.com, literature and social media program as part of rebranding efforts. >

TMK IPSCO Moves headquarters

Pipe producer TMK IPSCO, Downers Grove, Ill., will move its headquarters to Houston by the summer of 2013 as part of a long-term strategy to grow in the oil and gas industries. >

Gerdau reuses 220 billion gallons of water

Gerdau, Tampa, Fla., reused 220 billion gallons of water in the first half of 2012, a result of the company’s investment in modern water treatment systems at its mills. >

Koike expands main facility for increased demand

Koike Aronson Inc./Ransome, Arcade, N.Y., has begun constructing a 30,000-square-foot addition to help the company meet demand for its metal cutting and positioning equipment. >

Wise Alloys to expand cold mill, add jobs

Wise Alloys, Muscle Shoals, Ala., announced a $59.8 million cold mill expansion, expected to generate at least 35 jobs. >

Edgen Murray opens stock facility in Saudi Arabia

In June, Edgen Murray, Baton Rouge, La., a global supplier of specialty steel products, opened a stock facility in Al-Khobar, Saudi Arabia. >

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July 2014

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Iron ore strategies
Steelmakers look to secure supply and lower costs.

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