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Converter Steelmaking

News about the production of steel using basic oxygen converters.

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Stelco Sale Wins Support of Salaried Employees

20 Apr 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.

Plans for Giant Steel Plant Put on Hold

18 Apr 2017 - Vietnam’s prime minister has stopped Hoa Sen Group’s massive $10.6 billion integrated steel plant to allow more time to study its feasibility and environmental impacts, reports Vietnam’s VnExpress newspaper.

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.

China's Hebei Steel Planning US$6B Mill Replacement

21 Mar 2017 - China’s largest steelmaking province has given the go-ahead to a US$6.2 billion project through which Hebei Steel Group will replace obsolete mills with new facilities – and cut capacity in the process, according to the Reuters news service. 

POSCO Looks to Return Land for Indian Mill

20 Mar 2017 - South Korea’s POSCO is offering to surrender the acreage on which it had planned to build a US$12 billion integrated mill in India, a move that seems to put the final nail in the coffin on the long delayed project, according to reports.

Ontario Court Receives Stelco Restructuring Plan

14 Mar 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.

Italian Government Receives Two Offers for Europe's Largest Steel Works

08 Mar 2017 - Two consortiums have submitted binding offers for Italy’s ailing Ilva steel group and its Taranto steel works, Europe’s largest steel plant., according to reports

With a Deal to Divest Its Brazilian Mill, thyssenkrupp Exits Steelmaking in the Americas

22 Feb 2017 - thyssenkrupp AG is ending its decade-long steelmaking venture in the Americas, agreeing to sell its integrated mill in Brazil to Latin American producer Ternium for US$1.33 billion (EUR1.26 billion). 

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