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JSW USA Accuses Nucor, U.S. Steel, and Cleveland-Cliffs Of Group Boycott In Suit, Vows To End Their Illegal Cartel and Vindicate Rights of Steel Buyers and Steelworkers

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HOUSTON, June 8, 2021 /PRNewswire/ — JSW Steel (USA) Inc. and JSW USA Steel Ohio, Inc. today announce the filing of a federal court lawsuit in the Southern District of Texas against three of the largest domestic steel companies, Nucor Corp., United States Steel Corp., and Cleveland-Cliffs, Inc., including its recent acquisition, AK Steel Holding Corp.  The lawsuit alleges that the defendant companies conspired to boycott and refused to supply plaintiffs with a critical feedstock (domestic semi-finished steel slab) beginning in 2018 and continuing until today. The plaintiffs allege that defendants’ cartel cost them hundreds of millions of dollars in lost profits, increased their expenses and caused them other damages, and also led to higher prices and significant harm to U.S. steel buyers and significantly fewer jobs for U.S. steelworkers. 

Parth Jindal, JSW Steel (USA) Board member, said that the defendants have long been the dominant U.S. steel companies and used and continue to use anticompetitive tactics against smaller producers like JSW to succeed at all costs.  He said, “We bought into the U.S. market a few years ago and made significant progress in improving our facilities and performance.  In 2018, we announced our intention to make substantial investments to further expand and upgrade our facilities. These companies derailed those plans, and so we file this suit today to respond assertively.  As we allege, they stated repeatedly that they could make semi-finished steel slab in the quantities and quality to meet our needs and that they were willing to sell it to us, but when we tried to get them to move forward, they dragged things out and made excuses.  We are now convinced that it was all for show and that, in reality, they never intended to make or sell steel slab to us.”

Board member John Hritz added, “We would have had a state-of-the art facility in Baytown, Texas up and running by now that would have literally set the standard for green steel production in this country and the world.  The project would have resulted in hundreds of good, secure jobs for the next few decades.  It would have resulted in billions of dollars in economic benefit in the state of Texas alone.  Our costs of production would have plummetted and our production would have increased dramatically, meaning U.S. customers would have had more environmentally sound steel products at much better prices. These defendants, who account for more than two-thirds of all U.S. steel production, would have faced stiffer competition.  That’s what they were afraid of, apparently, and we are convinced that is why they took the steps alleged in the Complaint.”  Group boycotts are illegal, Mr. Hritz explained, because they erode competition, raise consumer prices, and disadvantage law-abiding businesses like JSW that seek to compete on a level playing field.  “JSW, U.S. steel buyers, and steelworkers all bore the brunt of the defendants’ actions,” said Mr. Hritz.  “And who benefited?  Defendants.  They repeatedly announced record profits over the last few years.  We will not sit by and let their conduct stand.”

The plaintiffs’ Complaint is based upon the federal antitrust laws and Texas state laws as well.  It seeks treble damages, which are automatic under the federal antitrust laws, compensatory and exemplary damages, and attorneys’ fees and costs.  The plaintiffs are represented in the case by the law firm of Baker Botts L.L.P.   

Press inquiries should be sent to:

Joseph A. Ostoyich
Baker Botts L.L.P.
[email protected]
(202) 253-9077

Chris Blackman
Chris Blackman Media Consulting
[email protected]
(610)888-6390

SOURCE JSW Steel (USA) Inc.

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Energy

3D Printing Metal Materials Market during 2021-2025 |Technavio

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The 3D printing metal materials market will witness a negative impact owing to the widespread growth of the COVID-19 during the forecast period. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Major Three 3D Printing Metal Materials Market Participants:

3D Systems Corp.

3D Systems Corp. offers 3D printing materials under the brand names DMP Factory 500 Solution, DMP Flex 350 and other brand names.

BASF SE

BASF SE offers 3D printing materials under the brand name Ultrafuse 316L.

EOS GmbH Electro Optical Systems

EOS GmbH Electro Optical Systems offers 3D printing materials under the brand names AlSi10Mg and AlSi7Mg0.6

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: 
https://www.technavio.com/report/3d-printing-metal-materials-market-industry-analysis

3D Printing Metal Materials Market 2021-2025: Segmentation

3D printing metal materials market is segmented as below:

  • End-user
    • Medical And Healthcare
    • Automotive
    • Aerospace And Defense
    • Tool And Mold Making
    • Others
  • Type
    • Titanium
    • Stainless Steel
    • Nickel
    • Aluminum
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa

The 3D printing metal materials market is driven by the increased demand for 3D printing in the aerospace sector. In addition, the growing focus of governments on developing 3D printing is expected to trigger the 3D printing metal materials market toward witnessing a CAGR of almost 22% during the forecast period.

Learn more about the global trends impacting the future of market research, Download a Free Sample Report @
https://www.technavio.com/talk-to-us?report=IRTNTR40060

Related Report on Materials Include:

Global Abrasives Market– The abrasives market is segmented by end-user (general engineering and tooling, fabrication, automotive, electronics, and others), type (bonded abrasives, coated abrasives, and superabrasives), and geography (APAC, Europe, North America, South America, and MEA).
Download FREE Sample Report

Global Acoustic Insulation Market– The acoustic insulation market is segmented by type (stone wool, glass wool, foamed plastics, and others), geography (APAC, Europe, North America, South America, and MEA), and End-user (Building and construction, Industrial, and Transportation).
Download FREE Sample Report

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/3d-printing-metal-materials-market-industry-analysis

SOURCE Technavio

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Energy

Spire to Host Earnings Conference Call on August 5

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ST. LOUIS, June 18, 2021 /PRNewswire/ — Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, August 5 to discuss our fiscal 2021 third quarter financial results. We will issue our earnings news release before the market opens that day, and it will be available on our website at Investors.SpireEnergy.com under the News tab.

To access the call, please dial the applicable phone number 5-10 minutes prior to the start time.



Date and Time:

Thursday, August 5




11:00 a.m. CT (12:00 p.m. ET)








Phone Numbers:

U.S. and Canada:

844-824-3832




International:

412-317-5142 

The call will be webcast in a listen-only format for the media and public. The webcast can be accessed at Investors.SpireEnergy.com under the Events & presentations tab.

A replay of the call will be available from 12 p.m. CT (1 p.m. ET) on August 6 until September 7, 2021, by dialing 877-344-7529 (U.S.), 855-669-9658 (Canada) or 412-317-0088 (international). The replay access code is 10157704. A replay of the webcast will be available on our website at Investors.SpireEnergy.com under the Events & presentations tab.

About Spire

At Spire Inc. (NYSE: SR) we believe energy exists to help make people’s lives better. It’s a simple idea, but one that’s at the heart of our company. Every day we serve 1.7 million homes and businesses making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.    

Investor Contact:
Scott W. Dudley Jr.
[email protected]  
314-342-0878

Media Contact:
Jessica B. Willingham
[email protected]  
314-342-3300

SOURCE Spire Inc.

Related Links

www.spireenergy.com

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Energy

Solis-Wechselrichter versorgt erste CO2-neutrale BIPV-Tankstelle von Sinopec

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NINGBO, China, 18. Juni 2021 /PRNewswire/ — Die erste klimaneutrale Tankstelle mit BIPV (gebäudeintegrierter Photovoltaik) des Energie-Großkonzerns Sinopec hat den Betrieb an der Liuhua-Tankstelle in Baise, Guangxi, China, aufgenommen.  Solis hatte im Juli 2020 eine eingehende Untersuchung mit Sinopec durchgeführt, um den leistungsstarken 255kW-Wechselrichter zu einem integralen Bestandteil des Projekts zu machen. Das Projekt gilt als Durchbruch für Sinopec bei der Anwendung der dezentralisierten Solarstromerzeugung und als erste CO2-neutrale Tankstelle, die von Sinopec in Guangxi gebaut und betrieben wird.

Eine BIPV-Lösung von LONGi ist ein integraler Bestandteil der Planung vor Baubeginn. Die Lösung bietet Vorteile wie integriertes Design/integrierte Konstruktion, ein geringes Strukturgewicht und reduzierten Materialeinsatz und verlängert die Lebensdauer der Tankstellenüberdachung von 5 bis 10 auf 25 Jahre, was der Lebensdauer des Solarstromerzeugungsmoduls entspricht.

Die jährliche Stromerzeugung dieses Projekts wird voraussichtlich bei 91.000 Kilowattstunden liegen. Mehr als 10.000 Kilowattstunden überschüssiger Strom werden in das Netz eingespeist, genug, um den jährlichen Strombedarf von 12,5 Haushalten zu decken.

Das Projekt wird 81,5 Tonnen CO2-Emissionen pro Jahr reduzieren, was ausreicht, um etwa 76 Tonnen CO2-Emissionen der Tankstelle pro Jahr auszugleichen, was die Tankstelle selbst CO2-neutral macht.

Für Solis wird der 110V-Wechselrichter als Flaggschiff-Produkt mit 380V Niederspannung (passend für das chinesische Stromnetz) für C&I überall „grüne Gebäude” unterstützen.

Neben dem maximalen Wirkungsgrad von bis zu 98,7 % verfügt der Wechselrichter über eine hohe Leistungsdichte von 100 PPT/MW. Die Erlöse aus der Stromerzeugung pro MW sind um rund 3,5 % höher. Die DC-seitige Konfiguration unterstützt bis zu 150 % Überdimensionierung und das wirtschaftliche und flexible Systemdesign erklärt die Beliebtheit des Wechselrichters bei den Kunden.

Funktionen wie ein AC-Überspannungsschutz vom Typ 1 (optional) und ein Brandschutzschalter (optional) reduzieren auch die Brandgefahr auf der DC-Seite. Die Überspannungs-Lastreduzierung und die Leckstrom-Unterdrückungstechnologie reduzieren Probleme der Abschaltung unter Überspannungsbedingungen und der Auslösung unter Kriechstrombedingungen und erhöhen die Sicherheit.

Sinopec baut 160  Photovoltaik-Kraftwerke in ganz China und plant im Rahmen seines „Fünfjahresplans” den Bau von 7000 dezentralen Solarkraftwerken.  Durch die Entwicklung von unterschiedlichen Modi der CO2-Neutralisierung wie kohlenstoffneutrale Wälder und Tankstellen wird Solis Sinopec dabei unterstützen, umweltfreundliche und saubere Tankstellen zu bauen.

Weitere Informationen finden Sie hier.

SOURCE Ginlong Solis

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Energy

600W+ PV industry chain crucial in helping achieve carbon goals, says Trina Solar head

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CHANGZHOU, China, June 18, 2021 /PRNewswire/ — The high power 600W+ PV industry will play a critical role in helping China achieve its goals of achieving a CO2 emissions peak by 2030 and carbon neutrality by 2060, says Gao Jifan, honorary president of the China Photovoltaic Industry Association.

Gao, who is also chairman of Trina Solar, made the remarks in an address at the SNEC Expo in Shanghai, in early June.

“The key to accomplishing the goal of carbon neutrality lies in giving precedence to wind and PV power, while minimizing or even eradicating thermal power,” Gao said in his address at the expo, the world’s most influential and international solar trade fair.

Gao talked of market trends and the latest technological achievements and the way to carbon neutrality, and said new-energy industries are more important than ever before.

Renowned experts, academics, business leaders, heads of government and industry associations and other senior figures gathered to exchange views and share their experience and insight.

Talking of the historic opportunities for the PV industry Gao set out his vision for its growth.

“Industry coordination with mutual innovation and shared benefits will create a new, customer-centric industry ecosystem that will help achieve carbon neutrality,” he said.

The vision was already being realized, he said. Last year Trina Solar unveiled its 600W Vertex module series and strongly advocated deep end-to-end supply chain integration and innovation. The company led dozens of other companies to jointly found the 600W+ PV Open Innovation Ecological Alliance, which has taken the lead in promoting the high-quality growth of the 600W+ PV industry, Gao said.

The 600W+ PV industry chain drives technological innovation and harnesses the strengths of each segment while coordinating the supply chain, he said. It also promotes standardization and wards off potential risks from excessive overlapping investment in same-class technology as the industry is upgraded, he said.

The alliance now has 78 companies as members, covering the whole supply chain, including silicon wafers, cells, system integration processes and certification bodies. The aim is to restructure the supply chain into a new and complete ecosystem, Gao said,

“This opens new avenues for reducing LCOE and pushes the industry faster toward carbon neutrality both in China and worldwide.”

Trina Solar says it expects more rapid growth based on 600W+ advanced technology. Gao reiterated his vision, saying: “As the world leading PV and smart energy IoT total solutions provider, Trina Solar has now moved into the 3.0 age. Trina Solar is resolute in its mission of solar for all and will continue to do all it can to push for the creation of a new-energy, carbon-free world.”

About Trina Solar 

Founded in 1997, Trina Solar is the world leading PV and smart energy total solution provider. The company engages in PV products R&D, manufacture and sales; PV projects development, EPC, O&M; smart micro-grid and multi-energy complementary systems development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched Energy IoT brand, established the Trina Energy IoT Industrial Development Alliance together with leading enterprises and research institutes in China and around the world, and founded the New Energy IoT Industrial Innovation Center. With these actions, Trina Solar is committed to working with its partners to build the energy IoT ecosystem and develop an innovation platform to explore New Energy IoT, as it strives to be a leader in global intelligent energy. For more information, please visit www.trinasolar.com. 

SOURCE Trina Solar Co., Ltd

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