Wirerod line upgrade at Scaw Metals Group, South Africa Scaw Metals Group, one of the major steel producers in South Africa, recently awarded Danieli Service with a new contract for a main revamping of the wirerod line in Johannesburg, in operation since 1997.The project has several targets that will result in an overall performance improvement:A new high-speed shear will generate OpEx savings, performing automatic trimming of the head and tails of the wirerod, replacing three operators per shift, and...

Cleveland-Cliffs Inc. to Acquire ArcelorMittal USA Cleveland-Cliffs Inc. announced that it has entered into a definitive agreement with ArcelorMittal S.A., pursuant to which Cleveland-Cliffs will acquire substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries (“ArcelorMittal USA”) for approximately $1.4 billion. Upon closure of the transaction, Cleveland-Cliffs will be the largest flat-rolled steel producer in North America, with combined shipments of approximately 17 mi...

Coremark Metals Increases Processing Capabilities With Tube Laser Coremark Metals, an industry leader in metals, fabrication services, and hardware, has recently expanded its production capabilities with a MAZAK Fabri Gear 150 tube laser. This machinery is designed to cut, notch, etch, bevel, add holes, and complete intricate cutouts or designs in one continuous step.