MoU for Salzgitter and Tenova on SALCOS® for Green Steel Production
Salzgitter AG and Tenova are stepping up their close technical cooperation and have concluded an important agreement for the realization of SALCOS® - SALzgitter Low CO2-Steelmaking.
Nucor Named General Motors Supplier of the Year for the Fourth Year in a...
Nucor Corporation was recognized as a General Motors (GM) Supplier of the Year for the fourth straight year. In addition, Nucor received the GM Overdrive Award for our partnership with GM on Econiq™, the world's first line of net-zero carbon steel products at scale.
Fronius’ MagicCleaner Offers Electrochemical Cleaning of Stainless TIG Welds
The newest generation of the MagicCleaner is available in two models from Fronius. This electrochemical cleaner cleans and passivates stainless steel TIG welds and surfaces to help welders meet high standards of aesthetics and hygiene. The machine also can mark workpieces with logos or serial numbers.
Necessity of Stainless Steel in Pharmaceutical Processes
The global economy is finally rebounding from almost two years of COVID-19 restrictions and in these early days of a post-pandemic world, some signs of things to come appear to be seen. We are not taking about supply chain issues; for example, manufacturers, distributors, and end users fighting over trucks, containers, and ships to move their goods. This is blatantly a huge inconvenience, for sure, but a temporary one; not expected to last enough to change the major drive affecting the stainless steel market in the coming years: climate change.
Nucor Chief Financial Officer Jim Frias to Retire; Steve Laxton to be Promoted
Nucor Corporation announced that Jim Frias, Chief Financial Officer, Treasurer and Executive Vice President, plans to retire effective June 11, 2022, and will transition out of the role as of March 6, 2022. Steve Laxton, Vice President of Business Development and Strategic Planning has been named his successor. Messrs. Frias and Laxton will work together over the next several months to conduct a seamless transition of CFO responsibilities.