Metals Chips
Staff -- Purchasing, 3/4/2004 2:00:00 AM
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TMX Aerospace will manage the flow of subcontractor-made finished parts to Rolls-Royce Corp.'s engine plant in Indianapolis as part of a five-year logistics services contract. TMX Aerospace of Kent, Wash., a subsidiary of metals service center giant ThyssenKrupp Materials North America, will provide sequenced, just-in-time delivery from a warehouse just established in the Indianapolis metro area.
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Rouge Steel of Dearborn, Mich., the fifth largest integrated steel producer in the U.S., is being renamed Severstal North America by the company's new parent, Severstal of Russia. Vadim Makhov, a fluent English speaker who is deputy general director of Severstal, will manage the steel plant.
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Nucor Corp. is spending $21 million to buy half interest in Harris Steel Inc., the second-largest independent producer of reinforcing bar products. "This venture is a downstream integration from our bar mills into a value-added process," says Nucor's chief executive, Dan DiMicco. Harris has fabricating plants in Tacoma, Wash.; Phoenix and Kingman, Ariz.; Livermore and Modesto, Calif.; Bethlehem, Pa., and Rochester, Mass.
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Copperweld Corp., the Pittsburgh-based steel tube and bimetallic products producer, has reorganized operations and has emerged from Chapter 11 bankruptcy proceedings as a stand-alone company with Dennis McGlone as president and chief operating officer.
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Toronto-based Excelsior Steel Processing Ltd. has opened a new coil-to-coil polishing plant in Middletown, Ohio, which is designed to handle some of the largest stainless steel coils found in the U.S. market. Herr-Voss Stamco supplied equipment so the company can polish stainless steel coils weighing up to 40 tons, up to 65-inches wide and up to 0.165-inch thick.
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Ameristar Steel Co., Tulsa, has installed a 10,000-pound coil packaging line that can handle material with outer diameters up to 72 inches.
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Walter Metals Corp., Hudson, Ohio, has earned ISO 9000 certification for its processing and distribution services of hot-work and cold-work tool steels, and alloy steels in rounds, flats and sheet.
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Altair Nanomaterials of Reno, Nev., has teamed up with Titanium Metals Corp. of Denver to develop a low-cost manufacturing process for titanium dioxide pellets that can be transformed into titanium metal. Darpa, the Defense Advanced Research Projects Agency, is funding the four-year, $12.3 million project.
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Rouge Steel of Dearborn, Mich., now is owned by Severstal, Russia's second-largest steelmaker. Rouge Steel began producing steel in a small electric furnace in 1923, originally as a division of Ford Motor Co. It later became a blast furnace-based steelmaker and had been operated independently since 1989.
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Base metals conglomerate Xstrata of Switzerland has merged its copper businesses into a single global copper business called Xstrata Copper based in Brisbane, Australia. Xstrata Copper mines, smelts and refines copper in Canada, Argentina, Germany and Australia.
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Quanex Corp. of Houston, has completed its $115-million purchase of North Star Steel Co.'s special bar quality (SBQ) mill in Monroe, Mich. The mini-mill facility can produce 500,000 tons/year and has been integrated into Quanex's Macsteel bar-making subsidiary and renamed Macsteel Monroe.
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