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Siemens Announces the Release of its New Product Line of Push Buttons, Sirius Act

29 May 2015 - Siemens announces the new launch of Sirius Act, a unique portfolio of 22 mm IEC push buttons, indicator lights and selector switches that showcase modern design, extreme robustness, flexible communication, and ease of installation.

Conares to Grow UAE Steel Production Capabilities

29 May 2015 - According to Construction Week Online, Conares intends to further strengthen its steel production capabilities in the UAE.

AM/NS Calvert will establish the capability to manufacture Ultra High Tensile Strength Steel with High Formability

29 May 2015 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) announced that it will take measures to realize the full capabilities of AM/NS Calvert, a US based 50/50 joint venture between NSSMC and ArcelorMittal (AM), to manufacture Ultra High Tensile Strength Cold-rolled and Coated Steel sheets with High Formability by the end of 2016.

The Systems Group Expands, Adds Fourth Division

29 May 2015 - The Systems Group (TSG), a diverse group of companies engaged in construction, maintenance and products for steel manufacturing and other heavy industry, has just completed a corporate expansion which includes the addition of a new business unit and the re-naming of another.

Usiminas to Temporarily Idle Two Blast Furnaces

29 May 2015 - Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) informed its shareholders in a press release on 18 May of its plans to temporarily shut down two blast furnaces, the No. 1 at Cubatão Plant and the No. 1 at the Ipatinga plant, from 31 May and 4 June 2015, respectively.

Vesuvius to Acquire Sidernes Group

28 May 2015 - Vesuvius plc, a global leader in molten metal flow engineering, announced an agreement to acquire the Sidermes Group. Sidermes is a leading Italian-based supplier of probes and systems which measure for example, temperature, oxygen and hydrogen in the steel and foundry industries.

ArcelorMittal and SAIL Sign MoU on Automotive Steel Joint Venture in India

28 May 2015 - ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under a Joint Venture (‘JV’) arrangement in India.

Alpha Natural Resources Affiliates to Downsize Central Appalachian Mining Operations

28 May 2015 - Operating affiliates of Alpha Natural Resources, Inc. (NYSE: ANR) have notified employees today of the expected idling of the mining and processing operations where they work.

Latin American Finished Steel Imports Grow 20% in 1Q 2015, While Production Increases Only 2%

28 May 2015 - According to Alacero, during 1Q 2015, crude steel production in Latin America decreased 2% while finished steel production grew 2% vs 1Q 2014.

Ovako Invests to Meet Demand From the Energy Sector

28 May 2015 - Ovako is investing EUR 7.5 million in Hofors to meet demand from the energy sector, particularly in wind power.

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