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Flat Products Rolling

Includes hot strip mill and plate rolling news.

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Tata Steel Opens Pension Talks with Labor Representatives

26 Sep 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.

Essar Algoma Lenders, Bondholders Set Recapitalization Plan

23 Sep 2016 - A majority of Essar Steel Algoma’s term lenders have settled on a recapitalization plan with the company’s bondholders, the Canadian steelmaker has announced.

Chinese Steelmakers Trying to Evade U.S. Import Tariffs, American Steelmakers Allege

23 Sep 2016 - Several U.S. steelmakers are accusing their Chinese counterparts of circumventing newly imposed tariffs on cold-rolled and corrosion-resistant steels by diverting products into another country before exporting them.

New Cold Mill to Expand Nucor's Lineup of Specialty Steels

23 Sep 2016 - Nucor Corp. will add a US$230 million cold-rolling mill to its Arkansas sheet mill, giving it the ability to make some new, higher-value products, the company has announced.

Investment Firm Takes a Step Toward Acquiring U.S. Steel Canada

23 Sep 2016 - The Ontario provincial government and an American investment firm have set broader terms of a restructuring plan for U. S. Steel Canada Inc., which has been operating under creditor protection for two years.

Nucor Signs Deal to Acquire HSS Manufacturer

19 Sep 2016 - Nucor Corp. is acquiring structural tube manufacturer Independence Tube Corp. for US$435 million, a move that strengthens its grip on the non-residential construction market.

Coil Exports Begin Shipping From New Tata Steel Works

16 Sep 2016 - Tata Steel’s new Kalinganagar works has reached another milestone as ramps up operations, shipping its first hot-rolled coils for the export market.

Nucor Forecasts Rising Third-Quarter Earnings

15 Sep 2016 - Nucor Corp. said it expects to report third-quarter net earnings of between US$0.85 and US$0.90 per diluted share partly on account of improved profitability at its sheet mills and lessening pressure from imported products.

Amid Recession, Long Products Maker Gerdau Sending More Flat Steel Overseas

15 Sep 2016 - With the Brazilian economy in a deep recession, Gerdau SA is looking to sell flat steel into foreign markets, and is finding success.

Tyasa Puts New Cold-Rolling Mill on Order

13 Sep 2016 - Mexico’s Talleres y Aceros S.A. de C.V. has awarded a contract to Primetals Technologies for a new reversing cold rolling mill at its Ixtaczoquitlan, Veracruz, mini-mill.

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