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Permanent magnets: sustainability and added value

Permanent magnets: sustainability and added value

One of the key ingredients for the production of high-efficiency electric motors, generators and alternators are permanent magnets, of which China was again the leading producer in 2024, with an output that...

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Worthington Steel to acquire controlling equity stake in Italy-based Sitem Group

Worthington Steel to acquire controlling equity stake in Italy-based Sitem Group

Worthington Steel, Inc. (“Worthington Steel” or the “Company”) announced last December that it has reached an agreement to acquire through its subsidiary, Tempel Steel Company, LLC (“Tempel”), a controlling equity stake in...

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