Tenaris announced that it will form a joint venture with Inner Mongolia Baotou Steel Union Co., Ltd. to build a steel pipe premium connection threading plant to produce OCTG products in Baotou, China.
Aya Gold and Silver (TSX: AYA) has chosen Lycopodium Minerals Canada to deliver the front-end engineering design (FEED) for the new mineral processing plant at the Zgounder silver mine in Morocco.The mining project is a joint venture of Aya (85%) and the government of Morocco (15%). The plant is part of the mine expansion project that will take …
Big River Steel Attracts $700M Investment from U. S. Steel to Form Joint Venture Partnership. Big River Steel announced today it has entered into an agreement with U. S. Steel in which Big River will receive $700 million in cash in return for a minority ownership interest in its scrap recycling and steel production company. –Download.
Since Trico's inception, LTV, its largest shareholder, had lost millions on the mini-mill, a joint venture with British Steel and of Japan. Five months later, Trico has...
Belgo Bekaert, a joint venture (JV) between ArcelorMittal and the Bekaert Group in Brazil, will invest BRL 100 million ($19.2 million) by H2 2022 to expand two mills in Brazil. The company said it will expand steel cord output at its Itaúna mill in Minas Gerais state, as well as its Sumare plant in São Paulo state.
Trico Steel, a joint venture of LTV, Corus, and Sumitomo Metals Industries, constructed a $465 million plant in Decatur that became operational in 1997, with 300 employees and capacity of about 1.9 million tons of finished sheet steel per year.
A High-Level Clearance Authority of the Odisha government on Friday approved a proposal from ArcelorMittal Nippon Steel (AM/NS) to set up a 24 million tonne (mt) integrated steel plant at an investment of more than Rs 1 trillion.. In a statement, IPICOL (Industrial Promotion & Investment Corporation of Odisha), the single-point of contact for all industrial …
The Ministry of Planning, Finance and Industry ( MoPFI) shortlisted five companies to apply to form a joint venture with state-owned Steel Plant (Myingyan). The steel mill, located in the Mandalay Region, temporarily suspended operations owing to mounting losses and an estimated K225 billion is needed to restart the plant.
AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, plans to increase capacity to 30 MT by investing Rs. 85,000 crore (US$ 11.40 billion) as well as inflows of $14.74 billion in foreign direct investment into India's metallurgical industries.
National Iron and Steel Mills (NISM) was set up in 1961 as part of Singapore's development plans. It was the first factory to be built in Jurong Industrial Estate in the 1960s and started by supplying steel to Singapore's construction industry. It began exporting its steel products in the 1970s as it expanded.
BHUBANESWAR (): ArcelorMittal Nippon Steel, a joint venture between the world's leading steel manufacturer ArcelorMittal and Nippon Steel in India, will set up an integrated steel plant in Kendrapara district of Odisha with an investment of Rs.1.02 lakh crore.The integrated plant will have steel-making capacity of 24 million tonnes per annum and …
Nippon Steel Corporation and Kobe Steel, Ltd. announce that they plan to begin construction of a plant to recycle steel mill dust into direct reduced iron. As part of the objectives to enhance and expand their alliance, the two companies decided to carry out the project through a joint venture and undertook preparations to start the new business.
U.S. Steel, Kobe Steel to invest $400 million in joint-venture plant in Ohio RP news wires United States Steel Corporation and Kobe Steel Ltd. announced December 2 that they have reached an agreement for their joint venture, PRO-TEC Coating Company in Leipsic, Ohio, to begin construction on a continuous annealing line at the facility.
The China Development Bank has been by far the largest financier of broader projects within the IMIP, financing more than 5 billion USD in different ventures, including 1.22 billion USD in a Tsingshan-owned steel mill and two 300 MW coal plants used for park projects. In 2019, the bank held talks with Tsingshan, GEM, Brunp Recycling, CATL, and ...
In a joint venture with global energy leader Iberdrola, we are establishing a second large-scale plant for the production of green hydrogen. The new plant, located in the Iberian Peninsula, marks the next step on our journey to decarbonize heavy industry, enabling green steel production and CO2 emission reductions by 95 percent.
After 12 years, the Duferdofin-Nucor joint venture between Duferco Italia Holding and Nucor Europe has come to an end. The company, the first Italian steel beam producer, has four production units in San Zeno Naviglio (Brescia), Giammoro (Messina), San Giovanni Valdarno (Arezzo) and Pallanzeno (Verbania).
We are a joint venture Indonesia and Korea. PT KRAKATAU POSCO is a JVCo. (Joint Venture Company) between PT Krakatau Steel (Persero) Tbk, Indonesia and POSCO Korea. The construction commenced in 2011 and took 36 month to complete the Integrated Steel Mill with the 1st Blast Furnace Technology in Indonesia. The commercial production has started ...
ArcelorMittal: Nippon Steel joint venture to be equity ... The joint venture between the Lakshmi Mittal-led steel major and Japan's largest maker of the alloy will be paying Rs 50,000 crore for Essar Steel, which will involve an upfront payment of Rs 42,000 crore.
The proposed plant to be built by the joint venture between ArcelorMittal MT.AS and Nippon Steel 5401.T would have annual production capacity of 12 million tonnes, the state government of Odisha ...
AMNS India, the joint venture between ArcelorMittal and Nippon Steel, is on the cusp of a major breakout. The company, which owns and operates the erstwhile Essar Steel plant, is taking up a Rs 12,000 crore project to expand value added steel capacity and debottleneck the existing unit.
A joint venture between U. S. Steel Oilwell Services and Butch Gilliam Enterprises, Pat Premium Threading Services™ (Pat) provides quality connections, repairs, accessories and rig site services to customers across the Permian Basin. The state-of-the-art Midland, Texas, facility features full length threading capabilities from 2-3/8 ...
Tuscaloosa Steel was created in 1984 as a joint venture of Tippins, O'Neal Steel, ACIPCO, and British Steel. British Steel (now Corus) became the sole owner in 1991. The plant began as a steckel mill using imported steel slabs, but the addition of an electric arc furnace in 1996 expanded capabilities and boosted capacity to 0.8 million tons ...
Integrated steelmaker US Steel plans to add merchant pig iron production capacity at its Gary Works steel mill complex in Indiana through a soon-to-be-finalized joint venture. The new pig iron caster would be installed by a strategic partner at the 7.5mn st/yr flat-rolled Gary Works mill, allowing excess iron production to feed into the new ...
Carbon Recycling Facility leads the way in production of sustainable materials with world leading certification Chicago, January 28 – The Beijing Shougang LanzaTech New Energy Technology Co., Ltd. a joint-venture between carbon recycler, LanzaTech, Shougang Group Co. Ltd., a leading Chinese iron and steel producer, Tangshan Caofeidian Beijing-Hebei …
"The company has informed that the board of directors has decided to make equity investment of Tk. 39.00 crore (approximately) equivalent to $4.67 million (representing 18 per cent) in BMS Steel Limited a new joint venture company, formed in Kenya along with investment partners from Mauritius and United Arab Emirates," said the Dhaka Stock ...
It is welcome that ArcelorMittal, the world's largest steel producer, is to set up a mega steel plant in coastal Odisha, in a joint venture with Nippon...
Myanmar govt announces 5 short-listed firms for steel plant JV. The Ministry of Planning, Finance and Industry has shortlisted five companies to apply to form a joint venture with state-owned No (1) steel plant (Myingyan). The ministry intends to restart the steel plant with the help of the private sector.
We work in the steel market through joint ventures, like with the ThyssenKrupp Companhia Siderúrgica do Atlântico (TKCSA) plant. Located in Rio de Janeiro, Brazil, it is one of the biggest and most modern steel mills in the world.
In order tobring forward the expansion of the Kakula processing plant from 3.8 million tonnes per annum (Mtpa) to 7.6 Mtpa from Q1 2023 to Q2 2022, the Kamoa-Kakula joint venture will order long-lead items with a total commitment value of approximately US$100 million within the coming weeks, of which an estimated US$25 million is expected to be ...
The joint venture plans to produce competitive iron units by recycling steel mill dust, a byproduct from the steelmaking process. This recycling business, from a worldwide standpoint, is an extremely effective measure to deal with the sharp increase in steel demand centered on emerging countries and escalating raw materials prices.