Nippon Steel and Anglo American Sign a Memorandum of Understanding Regarding Decarbonization Solutions
Nippon Steel Corporation and Anglo American PLC have signed a memorandum of understanding to jointly deliberate and discuss solutions for accelerating the transition toward the carbon neutral steelmaking, including the reduction of CO2 emissions, through the optimal use of Anglo American iron ore.
Sandvik Completes The Acquisition Of US Based Custom Tooling Manufacturer Peterson Tool Company
Sandvik has completed the previously announced acquisition of the assets of US based company Peterson Tool Company, Inc., (“PTC”) a leading supplier of machine-specific custom insert tooling solutions. The product offering includes custom carbide form inserts for high production turning and grooving applications, primarily within the general engineering and automotive segments. The company will be reported in the GWS Tool business unit in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions.
Schoeller Werk Expands Its Product Portfolio
Schoeller Werk, one of the world's leading manufacturers of longitudinally welded stainless-steel tubes, is introducing a new product, which is truly an innovation: tubes made of Alloy 825 CTP/2.4861. The new VDM material Alloy 825 CTP/2.4861 is a fully austenitic nickel-iron-chromium alloy with additions of molybdenum and copper.
Leeco Steel Adds Space In Canada
Leeco Steel, the largest supplier of steel plate in North America, completed an expansion to its Canadian distribution center on July 1, 2022.
Harris Products Group Names New Director of Sales for North America
Dave Thayer has been promoted to Director North America Sales at The Harris Products Group. Thayer previously was Regional Sales Manager–West for parent company Lincoln Electric, where he worked for more than 25 years.