News

Q4 2025 Management View Geoffrey G. Gilmore, CEO, opened by thanking the Worthington Steel team and highlighted that "in the fourth quarter, we generated adjusted EBITDA of $87 million compared with ...
The move aimed to shield domestic producers will help companies such as JSW Steel and Tata Steel bag better realisations and ...
New York, United States , July 24, 2023 (GLOBE NEWSWIRE) -- The Global Electrical Steel Market Size to grow from USD 26.10 Billion in 2022 to USD 38.6 Billion by 2032, at a Compound Annual Growth ...
Aperam's Stainless & Electrical Steel segment, which generates the bulk of its revenues, ... The core operating income of €19 million, however, is comparatively weak.
On June 13, President Donald Trump issued an executive order clearing the $14.9-billion acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel. The move followed a national security review by ...
Electrical steel is comprised of ultra-thin sheets that transfer electricity into mechanical power. Standard-quality electrical steel forms the core of the rotating motors powering things like ...
Posco Group is fast-tracking the restructuring of its non-core subsidiaries, divesting low-performing overseas businesses as ...
Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that ...
Now, amorphous steel will be required in only 25% of new transformers, and the rest can still be made with the older steel. The DOE’s final rule will reduce CO2 emissions by nearly 85 million ...
Indian steel producer JSW Steel said on Friday its joint venture firm entered into a deal to buy thyssenkrupp Electrical Steel India for $482.1 million.
The plant could have the capacity to produce 150,000 metric tons of non-grain-oriented electrical steel each year when it’s completed, according to a news release from the steelmaker.