Tag «Gallatin Steel»

ArcelorMittal and Gerdau complete sale of Gallatin Steel

Luxembourg and Porto Alegre, 8 October 2014 Further to the previous announcement made on 15 September 2014, ArcelorMittal and Gerdau jointly announced today that they have completed the sale of their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation. The sale was completed for a total cash consideration of US$770m. Gallatin is …

U.S.A. customer places order with SMS Siemag – SMS Siemag LLC to supply hydraulic oscillation system to Gallatin Steel

Gallatin Steel, Warwas , Kentucky, has awarded SMS Siemag LLc, Pittsburg, PA, a contract to design and supply a hydraulic oscillation system to replace the originally supplied electro-mechanical system. The installation is part Gallatin’s continuing efforts to enhance product quality, improve operational flexibility and reduce maintenance costs. The four-cylinder oscillator system facilitates precise movements of …