The U.S. auto industry’s shift toward lighter weight vehicles through greater use of aluminum is now in high gear with 2015 pick-up trucks sporting as much as 350 lbs. more of the metal than last year.
World crude steel production for the 65 countries reporting to the World Steel Association was 133 million tons (Mt) in January 2015, a 2.9 percent decrease compared to January 2014.
Signature Group Holdings, Inc. has completed the acquisition of the Global Recycling and Specification Alloys (GRSA) business of Aleris Corporation for $525 million.
Gershow Recycling recently donated $1,000 to support the Riverhead School District’s Phillips Avenue Elementary School students’ efforts to establish a food pantry.
Granutech-Saturn Systems, a manufacturer of the Saturn brand of industrial and mobile shredders, has acquired a comprehensive line of industrial hammermills and ringmills, formerly marketed under the Magnatech brand.
Alcoa has signed a definitive agreement to acquire RTI International Metals, Inc., a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets.