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.
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.
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.
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
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).
06 Feb 2017 -
United States Steel Corp. said it will invest US$200 million in its mills during the next several years, reports The Times newspaper of northwest Indiana.
03 Feb 2017 -
Essar Steel Algoma chief executive Kalyan Ghosh issued a statement Friday criticizing his company’s corporate parent, calling it “opportunistic” for making another pass at the business during late-stage negotaions with a potential buyer.
30 Jan 2017 -
A Tata Steel executive said the company will seek board approval for plans to expand a planned second phase of construction on its new Kalinganagar Works sometime by the midpoint of the year.
27 Jan 2017 -
Kobe Steel Ltd. has installed a new continuous caster and expanded a bloom mill at its integrated Kakogawa Works in western Japan, enabling a 65.5 billion yen consolidation (US$570 million) of its steelmaking operations.
26 Jan 2017 -
The judge presiding over Essar Steel Algoma’s creditor protection case has told union officials to refrain from speaking publicly about negotiations and possible labor actions, reports the local news website SooToday.com