Steel News

Flat Products Rolling

Includes hot strip mill and plate rolling news.

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Commerce Department Clears the Way for Anti-Dumping Duties on Cold Rolled Steel

22 Jul 2016 - The U.S. Commerce Department has set final anti-dumping margins of between 1 percent and 35.4 percent on cold rolled steel from five countries – Brazil, Korea, Russia, India and the United Kingdom.

Nucor Executives See Much Potential in Texas Plate Mill Acquisition

21 Jul 2016 - Nucor executives are upbeat about the company’s US$29 million investment in a Texas plate mill, saying it is a well-run, well-equipped facility that will give Nucor access to new value-added niche markets.

Nucor Expands Plate-Making Capabilities Through Acquisition

20 Jul 2016 - Nucor Corp. is acquiring a plate mill from a mining equipment manufacturer for about US$29 million, the steelmaker announced on Thursday.

SDI Looks for New Paint Line to Start in Early 2017; Wins Quality Certification for Premium Rail

19 Jul 2016 - Construction of a new paint line at Steel Dynamics Inc.’s Columbus, Miss., plant is on budget and on schedule, chief executive Mark Millet said on Tuesday.

Report: Overseas Bidder Looking at U.S. Steel Canada, Essar Algoma

18 Jul 2016 - A metals trading firm that seems to have lost out on its bid to acquire all of Tata Steel’s U.K. business is turning its attention to overseas targets, reports The (London) Financial Times.

Improving Flat Rolled Market Lifts Profits at Steel Dynamics

18 Jul 2016 - Steel Dynamics Inc. saw its second-quarter profits more than double due in part to improving conditions in the flat rolled sector, the company said on Monday.

Brazil's CSN Looks to Part Ways With Usiminas

13 Jul 2016 - Brazil’s Cia Siderúrgica Nacional SA said it will sell its stake in rival Usiminas, but only after it minimizes losses on its investment in the business, the company said Wednesday, reports the Reuters news service.

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.

U.S. Imposes Countervailing Duties on Stainless Sheet; Lifts Some Duties on Stainless Wire Rod

12 Jul 2016 - Chinese producers of stainless sheet and strip have been unfairly benefiting from government subsidies, the U.S. Commerce Department has ruled.

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.

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