JSW Steel

Cleveland-Cliffs to Host United States Secretary of Energy Jennifer Granholm at its Butler Works

Retrieved on: 
Monday, April 22, 2024

Cleveland-Cliffs Inc. (NYSE: CLF) announced that it is hosting Secretary Jennifer Granholm at its Butler Works plant in Pennsylvania today, April 22nd.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced that it is hosting Secretary Jennifer Granholm at its Butler Works plant in Pennsylvania today, April 22nd.
  • Cleveland-Cliffs is the sole producer of GOES in the United States, and was selected for award negotiations for up to $75 million in total funding from the DOE to pursue a decarbonization investment at Butler Works.
  • During the visit, Secretary Granholm will tour the plant and meet with Cleveland-Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves, company officials, employees as well as union leaders from the United Auto Workers (UAW), the United Steelworkers (USW) and the International Association of Machinists (IAM).
  • Mr. Goncalves will be hosting a speaking program with Secretary Granholm and other invited speakers that will be live streamed on the Company’s YouTube channel.

Cleveland-Cliffs Applauds DOE’s Final Transformer Efficiency Standard Rule

Retrieved on: 
Thursday, April 4, 2024

Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Energy’s (DOE) final transformer efficiency standard rule that will provide for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of Cliffs’ current distribution transformer end markets.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Energy’s (DOE) final transformer efficiency standard rule that will provide for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of Cliffs’ current distribution transformer end markets.
  • With this revised rule, the DOE acknowledged the fundamental importance of GOES and the essential role played by Cleveland-Cliffs steel plants in Butler, PA and Zanesville, OH in effectively sustaining the functionality of the U.S. electric grid.
  • Lourenco Goncalves, Cleveland-Cliffs’ Chairman, President and Chief Executive Officer said, “We are grateful that the U.S. Department of Energy (DOE) was open to the feedback provided by Cleveland-Cliffs and our clientele of transformer manufacturers, and adopted major changes to the originally proposed transformer efficiency rule.
  • The final rule ensures Cliffs’ ability to continue producing highly-efficient GOES in the United States.

American Barbell Unveils Cutting-Edge Fitness Gear at IHRSA for Athletes Who Demand Peak Performance

Retrieved on: 
Tuesday, February 13, 2024

Las Vegas, NV, Feb. 13, 2024 (GLOBE NEWSWIRE) -- At the upcoming IHRSA in Los Angeles, American Barbell is set to showcase its latest collection of high-end fitness equipment crafted for athletes who prioritize performance.

Key Points: 
  • Las Vegas, NV, Feb. 13, 2024 (GLOBE NEWSWIRE) -- At the upcoming IHRSA in Los Angeles, American Barbell is set to showcase its latest collection of high-end fitness equipment crafted for athletes who prioritize performance.
  • American Barbell stands out by designing and manufacturing its own line, continually pushing the boundaries of innovation to deliver equipment that meets the rigorous demands of top athletes.
  • "Our in-house design and manufacturing allow us to create sleek, cutting-edge products that enhance performance," said Doug Katona, CEO of American Barbell.
  • With a legacy dating back to 1978, American Barbell has been a game-changer in the fitness equipment industry.

Chief Minister Eknath Shinde reinforces Maharashtra's trillion-dollar economic trajectory at the 2024 World Economic Forum 2024

Retrieved on: 
Friday, January 19, 2024

DAVOS, Switzerland, Jan. 19, 2024 /PRNewswire/ -- The Chief Minister of Maharashtra, Shri Eknath Shinde, concluded his successful visit to the World Economic Forum 2024 (WEF) in Davos, signing MoUs aimed at attracting substantial investments into the state and meeting with international political, media and business leaders.

Key Points: 
  • This trip builds on the successes of the WEF Annual General Meeting in 2023 and continues to show the global belief that Magnetic Maharashtra is the stable and dependable gateway into India.
  • These strategic agreements will significantly boost the state's economic landscape.
  • Concluding his visit, Shri Shinde, Chief Minister of Maharashtra, said: "My visit to the World Economic Forum proved highly productive.
  • I am resolute in leading the state's initiatives to achieve our ambitious $1 trillion GDP goal.

Chief Minister Eknath Shinde reinforces Maharashtra's trillion-dollar economic trajectory at the 2024 World Economic Forum 2024

Retrieved on: 
Friday, January 19, 2024

DAVOS, Switzerland, Jan. 19, 2024 /PRNewswire/ -- The Chief Minister of Maharashtra, Shri Eknath Shinde, concluded his successful visit to the World Economic Forum 2024 (WEF) in Davos, signing MoUs aimed at attracting substantial investments into the state and meeting with international political, media and business leaders.

Key Points: 
  • This trip builds on the successes of the WEF Annual General Meeting in 2023 and continues to show the global belief that Magnetic Maharashtra is the stable and dependable gateway into India.
  • These strategic agreements will significantly boost the state's economic landscape.
  • Concluding his visit, Shri Shinde, Chief Minister of Maharashtra, said: "My visit to the World Economic Forum proved highly productive.
  • I am resolute in leading the state's initiatives to achieve our ambitious $1 trillion GDP goal.

Adani Group Condemns Financial Times’ Malicious Campaign to Tarnish its Global Reputation

Retrieved on: 
Tuesday, October 10, 2023

The Adani Group, India’s leading integrated business conglomerate, issued a media statement against Financial Times, for repeatedly planting defamatory reports against it.

Key Points: 
  • The Adani Group, India’s leading integrated business conglomerate, issued a media statement against Financial Times, for repeatedly planting defamatory reports against it.
  • This is evident from a large set of queries shared by one of their reporters’ seeking responses from the Group.
  • It published a factually incorrect story regarding funds raised by the Adani Group.
  • Adani Group issued the following statement on 9 October 2023:
    “There is a renewed attempt by the Financial Times and its collaborators to rehash old and baseless allegations to tarnish the name and standing of the Adani Group.

Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc Steelmaking

Retrieved on: 
Monday, October 2, 2023

MARIE, Ontario, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U.

Key Points: 
  • MARIE, Ontario, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U.
  • S. Steel”) (NYSE: X), with an option to further extend for a third year solely at Algoma’s discretion.
  • The extended purchase contract is anticipated to cover the expected volumes of iron ore required to complete Algoma’s transition from blast furnace to electric arc furnace (“EAF”) steelmaking.
  • The extension with U. S. Steel represents another strategic milestone for Algoma as it continues on its transformative journey toward sustainable steel production through electric arc steelmaking.

G FUEL Celebrates "Mortal Kombat 1" with a Fiery New Liu Kang-Inspired Energy Drink Collab

Retrieved on: 
Friday, September 15, 2023

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- The Game-Changing Energy Drink G FUEL and Warner Bros. Discovery Global Consumer Products unite for a refreshing flavor celebrating an all-new era of Mortal Kombat: G FUEL Dancing Dragon – inspired by Fire God Liu Kang from NetherRealm Studios' Mortal Kombat 1! The flavor is now available for pre-order in a limited-edition Collector's Box and 40-serving Tub at GFUEL.com while supplies last!

Key Points: 
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- The Game-Changing Energy Drink G FUEL and Warner Bros.
  • Discovery Global Consumer Products unite for a refreshing flavor celebrating an all-new era of Mortal Kombat: G FUEL Dancing Dragon – inspired by Fire God Liu Kang from NetherRealm Studios' Mortal Kombat 1!
  • G FUEL Dancing Dragon is also available in a standalone 40-serving Tub , ready to deliver the ultimate FATALITY to fatigue!
  • More Klassic G FUEL fighters will be joining in on the Kombat next month as part of Mortal Kombat's 30th anniversary celebration.

New Report Reveals Remarkable Growth in the Global Specialty Steels Market 2023-2033 - ResearchAndMarkets.com

Retrieved on: 
Monday, August 7, 2023

The Global Market for Specialty Steels 2023-2033 report offers comprehensive insights into the latest market developments, key drivers, and challenges, along with an analysis of end-use markets and global revenues.

Key Points: 
  • The Global Market for Specialty Steels 2023-2033 report offers comprehensive insights into the latest market developments, key drivers, and challenges, along with an analysis of end-use markets and global revenues.
  • Specialty steels, which encompass value-added steel grades designed for specific properties such as high strength, corrosion resistance, and wear resistance, are witnessing remarkable growth in the global market.
  • Market analysis, including an overview of the global steel market, market map, SWOT analysis, market trends & opportunities, recent industry developments & innovations, market growth drivers, and challenges.
  • Furthermore, the report features 27 company profiles, presenting key players in the specialty steels market.

JSW Steel USA to Plans to Invest at Least $119.4 Million to Bring New Jobs and Technology to Jefferson County Plant

Retrieved on: 
Tuesday, May 2, 2023

JSW representatives said they plan to exceed their $119.4 million commitment and invest up to $145 million at the Mingo Junction plant.

Key Points: 
  • JSW representatives said they plan to exceed their $119.4 million commitment and invest up to $145 million at the Mingo Junction plant.
  • The operational upgrades being made at JSW Steel USA are a progressive step toward achieving our long-term ESG goals.
  • JSW Steel (USA) Inc. and JSW Steel USA Ohio, Inc., each a subsidiary of JSW Steel Ltd and collectively referred to as JSW Steel USA.
  • JSW Steel is the only Indian company to be ranked among the top 15 global steel producers by World Steel Dynamics for 13 consecutive years since 2008.