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Slater Steel Inc., a mini mill producer of specialty steel products, has completed the acquisition of substantially all of the assets of the Austeel Lemont Division of Auburn Steel Co. Inc. for USD 7.0 million cash.

New from Potterton Commercial is an alternative to the installation of new condensing boilers. The Fumeco condensing heat recovery unit, made of high-grade stainless steel, is designed to convert a standard gas boiler into a high performance, fully condensing unit, producing cost and emissions reductions comparable with those achieved by condensing boilers.

Outokumpu's ownership in AvestaPolarit now exceeds 90%, which allows the parties to proceed with their plans to promptly integrate certain central administrative activities.

AvestaPolarit has signed a letter of intent to purchase Commerciale Acciai Spa, who has been an exclusive distribution agent for AvestaPolarit's Tornio mills in the Italian market since 1976.

ABB’s Board of Directors has announced that Jürgen Dormann, Chairman of the Board, will assume operational leadership of the ABB Group with immediate effect.

Franklin Stainless Corp., Port Washington, NY, USA recently installed a new blanking line for the production of close tolerance blanks.

ConocoPhillips has completed the merger of Conoco Inc. and Phillips Petroleum Company, following clearance by the US Federal Trade Commission.

Netherlocks Safety systems BV has developed a “one-fits-allâ€? lockout device for handwheel- and lever-operated valves.

Sandvik Steel has decided to intensify its ongoing programme of change through a review of the organisational structure at the main facility in Sandviken.

During the first six months of this year Arcelor saw its profits plunge by around 40%.