The one million ton cold mill facility has 600,000 tons of annealing capacity. The purchase does not include the slitting and cut-to-length equipment, which Worthington will continue to operate.

While steel-frame construction has been widely accepted in the commercial sector for some time, the residential market is beginning to grow as well, Query said. Nucor purchased the assets of bankrupt ...

Tata Steel CEO Rajesh Nair said: "Our new and advanced pickle line will form a major part of our green steel making facility at Port Talbot, ensuring we can supply downstream businesses with the ...