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News items related to hot briquetted iron (HBI) and direct reduced iron (DRI) technologies.

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Proposed 10M-Ton Mill Wins Environmental Approval

27 Jun 2016 - The Indian government has given environmental clearances to an integrated steel plant that JSW Steel is proposing to build in the state of Jharkhand.

Indian Coking Coal Demand Poised for Significant Increase

23 Jun 2016 - India’s coking coal demand is likely to increase by 45 percent by 2020 as the country looks to expand its steel production, according to The (India) Economic Times.

Steelworkers Accept Three-Year Labor Agreement with ArcelorMittal

23 Jun 2016 - The United Steelworkers union has ratified a three-year labor deal with ArcelorMittal USA, the union announced on Thursday.

U.S. Steel Canada, Essar Algoma Mills Won't Shut in Proposed Merger, Says Investment Firm

22 Jun 2016 - The investment firm planning to buy Canada’s Essar Steel Algoma has confirmed that it also is bidding on U.S. Steel Canada and intends to merge the two steelmakers, reports The (Toronto) Globe and Mail newspaper.

Billiton Forecasts Increased Demand for Coking Coal

21 Jun 2016 - BHP Billiton Ltd. said it believes that a rise in steel production from emerging economies – India’s economy especially – will drive long-term demand growth for coking coal, reports the Bloomberg news service.

U. S. Steel Investigating Incident at Edgar Thomson Plant

21 Jun 2016 - Firefighters were summoned to a fire at United States Steel Corp.’s Edgar Thomson plant on Monday evening, according to reports.

Essar Steel Algoma Accepts Sale Bid From Investment Firm, Lenders

17 Jun 2016 - A consortium made up of an American private equity firm and a group of lenders has reached an agreement to acquire Essar Steel Algoma, the Canadian steelmaker announced on Friday.

South Korean Steelmaker Completes Blast Furnace Rebuild

17 Jun 2016 - POSCO has relit the No. 5 blast furnace at its Gwangyang works following a 112-day refurbishment, the company has announced.

Investors, Steelmakers Express Early Interest in Australia-Based Arrium

16 Jun 2016 - POSCO and several investment firms from the U.S. and the U.K. reportedly are kicking the tires on Australia’s Arrium Group, which was placed into voluntary administration earlier this year.

Essar Steel Algoma Reconsiders Sale, Might Restructure From Within Instead

14 Jun 2016 - Canada’s Essar Steel Algoma Inc., which is operating under creditor protection as it looks for a buyer, said it is now exploring whether to reorganize on its own, reports The (Toronto) Globe and Mail newspaper.

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