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Flat Products Rolling

Includes hot strip mill and plate rolling news.

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Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner

16 Oct 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service. 

EU Sets Tariffs on Hot-Rolled Coil From Four Countries

06 Oct 2017 - The European Union has imposed tariffs ranging from EUR17.6 to EUR96.5 per ton on hot-rolled flat steel from Brazil, Iran, Russia and Ukraine. 

Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable

04 Oct 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.

Stelco Hopes to Enable Auto Steel Sales Through IPO

03 Oct 2017 - Three months removed from creditor protection, Canadian steelmaker Stelco is considering an initial public offering to help it pay for improvements to its facilities.

Ternium to Build New Plants in Mexico, Colombia

02 Oct 2017 - Latin American steelmaker Ternium is investing more than US$1 billion in a new hot rolling mill in Mexico and a new rebar mill in Colombia, each of which are intended to displace imports into the countries. 

Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works

02 Oct 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service. 

Report: Stelco Hopes to Raise CA$150 Million Through IPO

29 Sep 2017 - Three months after emerging from creditor protection, the new owner of Canada’s Stelco will look to take the company public. 

ArcelorMittal Allocates US$1B for Improvements to Mexican Operations

29 Sep 2017 - ArcelorMittal said it plans to invest US$1 billion over the next three years to expand and modernize its Mexican operations.

Tata, thyssenkrupp Set Framework for Combining Steel Operations

20 Sep 2017 - Tata Steel and thyssenkrupp have signed a preliminary agreement to combine their European steel operations, creating a 50-50 joint venture that would be Europe’s second-largest steelmaker behind ArcelorMittal. 

ArcelorMittal to Cease Rolling Plate at U.S. Mill

19 Sep 2017 - ArcelorMittal USA said it will idle the plate rolling line at its Conshohocken, Pa., mill sometime in the next year on account of low demand and competition from unfairly traded imports.

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