voestalpine acquires majority stake in ITALFIL SpA

voestalpine acquires majority stake in ITALFIL SpA

9th May, 2024

voestalpine Böhler Welding has acquired a majority stake in the premium welding wire manufacturer ITALFIL S.p.A. The Italian company employs 110 people and has achieved an annual turnover of EUR 43 million in the past business year. voestalpine says the acquisition expands its product portfolio, particularly in the semi and fully automated high-quality welding technology sector.

John Cockerill Metals extends its product portfolio

John Cockerill Metals extends its product portfolio

6th May, 2024

John Cockerill Metals has created three new distinct business segments, with which the company aims to ‘address todays and tomorrow’s challenges…and support the steel value chain’s decarbonization efforts'.

March imports up in the USA, says AISI

March imports up in the USA, says AISI

2nd May, 2024

The United States of America imported a total of 2.5Mt (net tons) of steel in March 2024, including 2Mt (net tons) of finished steel (up 1.6% and 14.7%, respectively, versus. February 2024). These figures are based upon on preliminary Census Bureau data and have been reported by the American Iron and Steel Institute (AISI).

Latest issue: April

April

Things are never quite what they seem, ask Philip K Dick – although that’s impossible as he’s been dead since 1982. He did, however, write a lot about alternative universes. In The Man in the High Castle, for example, he imagined a world where Hitler had won the war, and there are many other examples in the many strange and thought-provoking novels written by the great man. You might have noticed of late that steel magazines and conferences have focused heavily on decarbonization. All the talk about hydrogen steelmaking and the importance of scrap and DRI and renewable energy might intimate that lots is being done and it won’t be long before the global steel industry is as green as the grass courts at Wimbledon. Well, a lot is being done – a hell of a lot – and there are many…