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Continuous Casting

Includes news about all types of continuous casting processes, including strip, thin strip, bloom, billet and beam.

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BlueScope Steel Exits Castrip Joint Venture

23 Aug 2016 - Australia’s BlueScope Steel Ltd. has divested its stake in Castrip LLC, its thin strip casting technology joint venture, for US$20 million, the steelmaker disclosed on Monday.

Slab Caster at New Brazilian Steel Works Now in Operation

17 Aug 2016 - Startup Brazilian steelmaker Companhia Siderúrgica do Pecém (CSP) has put its new two-strand continuous slab caster into service, according to the equipment vendor, Primetals Technologies.

Chinese Steelmaker Acquires Castrip License

08 Aug 2016 - North Carolina-based Castrip LLC has licensed its casting technology to a Chinese steelmaker, marking the first time Castrip technology will be employed in an overseas facility.

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

Steelworkers Union Rebuffs Would-Be Acquirer of Essar Algoma, Backs Competing Offer

12 Jul 2016 - The United Steelworkers union said it will not support Essar Steel Algoma’s tentative sale to a private equity firm and instead is pushing for an alternate deal, one with the steelmaker’s former owner.

No Guarantees That Port Talbot Works Will Be Saved, Says Tata Executive

11 Jul 2016 - Tata Steel cannot guarantee that the U.K.’s largest steelmaking facility has a future ahead of it, even if it is able to sign a joint venture agreement for its strip business, reports The Guardian newspaper.

In India, A New Steel Mill Comes to Life

06 Jul 2016 - Steelmaking facilities at Tata Steel’s new integrated mill in India have been successfully commissioned, according to machine and mill builder SMS group.

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