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The United States is a developed country with a market economy with the highest nominal GDP and net wealth in the world. The United States possesses the world’s most technologically advanced and innovative economy.
Instead of iron ore, most iron and steel in the United States is now made from scrap iron and steel.
The US Metal Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Allentown, A local producer of prepainted steel and aluminium products has been acquired by a larger Wisconsin-based corporation.
Strait-Flex International, a leading producer of finishing solutions for interior drywall applications, has been acquired by ClarkDietrich Building Systems, the construction industry’s largest maker of cold-formed steel framing products.
Contractors now have access to the most comprehensive product range in the business, thanks to the addition of the Strait-Flex brand of tapes, trim, tools, and patches to ClarkDietrich’s already large portfolio of products and accessories.
Contech Engineered Solutions recently received six Project of the Year Awards from the National Corrugated Steel Pipe Association (NCSPA). Corrugated Steel Pipe (CSP)/Pipe Arch Projects, Structural Plate Projects, Rehabilitation Projects, Retention/Detention Projects, DOT
Projects, Special Applications, Going Green, ALT2 Coating, Polymer Coating, and Galvanized Coating are among the ten categories for which the prestigious industry award is given each year.
Metal Industries has been acquired by Greenheck Group, a global leader in the development and sale of air movement, air control, and air tempering equipment. With the addition of Metal Industries, the Greenheck brand’s product line has grown to include grilles, registers, diffusers (GRDs), and air terminal units (ATUs).
The combination of these two famous companies strengthens Greenheck’s position as a reliable single-source provider of comprehensive ventilation systems.
As the steel industry rushes to modernise and electrify in response to increased demand, both United States Steel Corp. and Nucor Corp. revealed plans to build multibillion-dollar steel plants. Both mills will make steel using electric arc furnaces (EAFs), which are powered by electricity rather than coal.
The projects are part of a bigger plan to shift away from wasteful steel manufacturing and toward more efficient steel production. The mill is part of a larger effort by U.S. Steel to reduce its global greenhouse-gas (GHG) emissions by the end of the decade.
The factory will be near U.S. Steel’s Big River Steel plant in northeast Arkansas, which uses an EAF as well. In Mason County, Nucor will construct a new EAF mill alongside the Ohio River. W.Va.
EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its partner MPLX), Mitsubishi Power, Shell Polymers, and United States Steel have forged a new alliance that will play a key role in decarbonizing the industrial base in the United States’ Northern Appalachian Region.
The alliance will collaborate with stakeholders to develop a shared vision for a low-carbon, hydrogen-based industrial hub in Ohio, Pennsylvania, and West Virginia that can serve as a national model for sustainable energy and manufacturing systems.
The successful implementation of this industrial hub and its accompanying infrastructure development might result in the creation of thousands of new employment, the preservation of existing jobs, and considerable reductions in carbon dioxide emissions.
Carbon capture, utilisation, and storage (CCUS), as well as hydrogen production and consumption, will be emphasised in the hub idea. This large-scale, regional approach will necessitate new degrees of cross-border and cross-sector public-private collaborations.
