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Quebec Buys Into Iron Ore Development Project

28 Jul 2016 - The Quebec government is taking an equity stake in a Canadian direct shipping ore project, agreeing to invest CAN$125 million.

Indian Steelmakers Urge Government to Extend Import Price Floor

28 Jul 2016 - Indian steelmakers are pressing the government to retain the import price floor it imposed on 173 steel products earlier this year, arguing that it has helped hold back a flood of low-cost steel and improved margins.

Baosteel Starts Up Continuous Galvanizing Line

28 Jul 2016 - A new continuous galvanizing line at China’s Baosteel Zhanjiang Iron & Steel Co. Ltd. has processed its first coil.

U. S. Steel Records Another Loss, But Sees Better Results Ahead

27 Jul 2016 - United States Steel Corp. lost US$46 million in the second quarter due in part to losses in its tubular division, but the steelmaker said it expects conditions to continue to improve for its other businesses during the second half of the year.

ArcelorMittal Names New North American Chief Executive

27 Jul 2016 - ArcelorMittal veteran Robrecht Himpe has been named chief executive of ArcelorMittal North America, the steelmaker has announced.

Mitt Romney's Former Investment Firm Wants to Buy a Steel Mill

27 Jul 2016 - Bain Capital, the investment firm that was founded by former Republican presidential nominee Mitt Romney, is part of a consortium of lenders looking to acquire Canada’s Essar Steel Algoma, reports the online

Houghton Acquires Metalworking Fluids Maker

27 Jul 2016 - U.S.-based metalworking fluids maker Wallover Enterprises Inc. has been sold to a Gulf Oil International subsidiary for an undisclosed amount.

Commerce Department Clears the Way for Anti-Dumping Duties on Cold Rolled Steel

22 Jul 2016 - The U.S. Commerce Department has set final anti-dumping margins of between 1 percent and 35.4 percent on cold rolled steel from five countries – Brazil, Korea, Russia, India and the United Kingdom.

ArcelorMittal Awards Contract for Coke Oven Rebuild

22 Jul 2016 - Engineering firm Paul Wurth has been tapped to rebuild the coking plant at ArcelorMittal’s integrated Gijon works in Spain, the company has announced.

POSCO Earnings Miss Analysts' Estimates

22 Jul 2016 - POSCO recorded an operating profit of US$597.7 million between April and June, falling short of analysts’ expectations, according to the Reuters news service.

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