Several factors are driving up the price of natural gas and stimulating demand for LNG. The demand for LNG continues to grow.
Under the terms of the sale, ArcelorMittal has received $505 million cash, 78 million shares of Cleveland-Cliffs common stock and non-voting preferred stock which is redeemable for approximately 58 million shares of Cleveland-Cliffs common stock or an equivalent amount in cash.
The International Stainless Steel Forum (ISSF) has released figures for the first half-year of 2020 showing that stainless steel melt shop production decreased by 9.4% year-on-year to 23.7 million metric tons.
AFG Holdings, Inc. announced that its AFG Aero & Industrial business has reached an agreement with Custom Alloy Corporation to exclusively manufacture and market their commodity based-product in the USA.
Valtorc International presents the first ever 316 stainless steel 3-way butterfly valve assembly. Proudly fabricated in its USA facility.
Sandvik acquires privately-owned Thermaltek Inc., a manufacturer of high-temperature furnace systems and metallic heating elements headquartered in North Carolina, USA.