Materials/Manufacturing

Cleveland-Cliffs to Acquire ArcelorMittal USA for $1.4 Billion

Cleveland-Cliffs Inc. announced today that it has entered into a definitive agreement with ArcelorMittal USA to acquire substantially all of its operations for $1.4 billion. The transaction will make Cleveland-Cliffs, already a leading producer of electrical steel for motors and transformers, the largest flat-rolled steel producer […]

e-Power Technology

Amorphous Alloy Transformer Cores and New R&D Center at Oxford for Hitachi Metals and Metglas

Metglas has launched commercial production of transformer cores made of its magnetic amorphous metal alloy and, separately, parent company Hitachi Metals has established a new technology center at Oxford University for further research and development in amorphous […]

Materials/Manufacturing

Neo Performance Materials To Expand NdFeB Magnet Manufacturing Capacity In Response To Increasing Demand

Neo Performance Materials Inc. announces that, due to increased demand, its Magnequench segment intends to significantly expand its capacity to produce compression-molded NdFeB (“neodymium-iron-boron”) magnets and assemblies, used in the automotive, electronics, home appliance and […]