Steel News


Mill Upgrades & Capital Investments

New mills, mill upgrades and other projects requiring an expenditure of capital.

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U. S. Steel Speeds Up Mill Upgrades at the Expense of Near-Term Earnings

26 Apr 2017 - United States Steel Corp. shares slid nearly 27% on Wednesday after the integrated steelmaker posted an unexpected US$180 million loss and said an accelerated plan to rehab its mills would cut into future earnings.

As Market Conditions Improve, Steelmakers Appear Ready to Invest

26 Apr 2017 - Steel prices and demand appear to beginning to recover, and steelmakers are starting to lay new bets on gradual improvement, reports the Bloomberg new service.

Tenova Wins Order for Reheat Furnace

20 Apr 2017 - NLMK has awarded a contract to Tenova for a new walking beam furnace at its Lipetsk, Russia, mill.

Primetals Technologies Tapped for Rebar Mill Improvements

18 Apr 2017 - Primetals Technologies has won an order to install a continuous rolling system at a rebar mill in Abu Dhabi, the mill builder has announced. 

Rebuilt Converter Resumes Production at POSCO Mill

11 Apr 2017 - POSCO has restarted a LD (BOF) converter at its Gwangyang plant following a project to modernize the approximately 30-year-old unit.

Indian Steelmaker Signs Off on Meltshop, Rolling Mill

05 Apr 2017 - India’s BMM Ispat has issued the final acceptance certificates for its new electric arc furnace and merchant bar mill at its Hospet plant in the state of Karnataka.

Severstal Signs Off on Tandem Mill Upgrades

04 Apr 2017 - Russia’s PAO Severstal has issued the final acceptance certificate on its newly modernized tandem cold mill at its Cherepovets plant, according to the vendor on the project.  

New Processing Line Boosts Outokumpu's Capacity at South Carolina Mill

03 Apr 2017 - New Outokumpu has upgraded its stainless bar mill in Richburg, S.C., USA, adding a coil-to-bar line that boosts its capacity by more than 15,000 metric tons annually. 

ArcelorMittal Puts New Drag Chain Conveyor on Order

31 Mar 2017 - The AUMUND Group has won an order for a new double-strand, drag chain conveyor from ArcelorMittal Brazil. 

HarbisonWalker Selects Location for New Manufacturing Facility

29 Mar 2017 - Refractories maker HarbisonWalker International said it has chosen The Point Industrial Park in South Point, Lawrence County, Ohio, has the home of its proposed monolithic refractories manufacturing facility. 

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