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Lincoln Electric Names New Head of International Welding Division

26 May 2017 - Welding equipment and supplies maker Lincoln Electric Holdings Inc. has promoted Steven B. Hedlund to executive vice president and named him president of its international welding division.

Linde, Praxair Reach Outline Agreement on Merger

24 May 2017 - U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.

NLMK Lands Multi-Year Raw Material Supply Agreement

22 May 2017 - Integrated Russian steelmaker NLMK has signed a long-term agreement to supply raw materials to one of the world’s largest cement manufacturers. 

India Now Is World's Second-Biggest Producer of Stainless Steel

22 May 2017 - Global stainless steel production rose 10.2% in 2016 to a record 45.8 million metric tons, according to data released by the International Stainless Steel Forum. 

POSCO Looks to Create 'One-Stop Shop" For Components Verification With New Lab

19 May 2017 - South Korea-based POSCO has cut the ribbon a new components-forming laboratory at is global research and development center in Songdo. 

North American OCTG Demand Lifts TMK Profits

19 May 2017 - Russian tubemaker TMK posted a US$42 million profit in the first quarter of 2017, buoyed by an improving oil and gas market in North America.  

Tata Steel to Split From U.K. Pension Fund

18 May 2017 - Tata Steel said it has reached an agreement in principle  to sever ties with its U.K. pension fund, a move that if finalized would remove an obstacle to possible a merger with thyssenkrupp’s steelmaking operations. 

KOCKS Receives Order for SBQ Mill Equipment

18 May 2017 - Friedrich KOCKS GmbH & Co KG has won an order for a 4-stand reducing and sizing block from China’s Maanshan Iron & Steel Co. Ltd., the equipment supplier has announced. 

Severstal Blast Furnace to be Retrofitted with New Charging System

18 May 2017 - SMS group’s Paul Wurth unit has won a contract to refurbish the No. 5 blast furnace at Severstal’s Cherepovets Metallurgical Plant in Russia, the equipment maker has announced. 

U.S. Commerce Department OKs Rebar Duties

17 May 2017 - The U.S. Commerce Department has finalized tariffs on rebar from Japan and Turkey, affirming that producers in those countries have undercut domestic prices.  

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