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Harsco Signs $125M Agreement with Chinese Plate Mill

05 Feb 2016 - Harsco Corp. has landed a 15-year, US$125 million contract to provide additional mill services at Hebei Iron & Steel Group’s Tangshan plate mill, the company has announced.

ArcelorMittal Posts US$7.9B Loss in 2015

05 Feb 2016 - ArcelorMittal, the world’s largest steelmaker, lost US$7.9 billion in 2015 on lower prices and large write-downs in its iron ore business.

Write-downs, Restructuring Costs Help Push Tata Steel's Q3 Earnings into the Red

04 Feb 2016 - Tata Steel Ltd. lost Rs 2,127 crore in its third quarter as it continues to face low prices and competition from imports.

As Power Prices Rise and Steel Prices Fall, ArcelorMittal Considers Future of South African Mill

04 Feb 2016 - ArcelorMittal’s South African division said it expects to record a headline loss of 1,250 cents per share in 2015 and is rethinking its investment in its ultrathin hot rolled coil mill along the country’s west coast.

Steel Shortage Forces Toyota to Temporarily Halt Production in Japan

03 Feb 2016 - The world’s leading automaker plans to halt all of its domestic assembly lines next week because of a parts shortage, which was brought on by an accident at an affiliated steel mill.

Upgrades to ThyssenKrupp Hot Strip Mill Pass Acceptance Test

02 Feb 2016 - ThyssenKrupp Steel Europe AG has signed off on upgrades to the intensive cooling section at a hot strip mill in Germany.

EU Announces Anti-Dumping Duties on Chinese-Made Rebar

01 Feb 2016 - The European Commission is planning to impose anti-dumping duties of 9.2 and 13 percent on imports of Chinese-made, high-fatigue performance (HFP) rebar.

Analysts: Expect a Challenging Year, But Some Slight Production Growth Is Likely

01 Feb 2016 - The world’s steel industry is projected to grow slightly in 2016, with production rising by around 0.15 percent, according to newspaper survey of analysts.

Japan's No. 1 Steelmaker Looks to Acquire Rival Nisshin Steel

01 Feb 2016 - Two of Japan’s largest steelmakers are planning to combine as they try to ride out the low prices brought on by excess capacity.

EUROFER: EU Steel Demand May Grow in 2016, But Uncertainty Abounds

27 Jan 2016 - Steel demand is relatively weak, prices are low and imports are continuing to pummel the European market. And with more than enough to go around, producers will be fighting for orders, creating uncertainty as the industry heads deeper into 2016, according to EUROFER, the European Steel Association.

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