Nucor Expands Tubular Business Through Plant Investment, Acquisition 18 Apr 2019 - Nucor Corp. is expanding its tubular business, acquiring an Indiana-based mechanical and structural tube producer and separately is investing US$27.2 million to boost capabilities at an Alabama plant.

Forecast: Global Steel Demand to Rise, But U.S. Slips to No. 3 in Market Size 18 Apr 2019 - Global steel demand is expected to grow 1.3% this year, and India could surpass the U.S. as the world’s second-largest steel market, according to a new forecast from the World Steel Association.

Nucor EVP Joe Stratman to Retire, Veteran Manager Promoted to Executive Team 18 Apr 2019 - Nucor Corp. has announced that chief digital officer R. Joseph Stratman will retire later this spring and, in a separate move, that it has promoted a veteran manager to its executive ranks.

JSW Steel Adding 1M Metric Tons of Capacity to Integrated Plant 18 Apr 2019 - India’s JSW Steel is investing the equivalent of about US$1.08 billion to upgrade its integrated Vijayanagar Works.

GFG Alliance Receives OK to Acquire ArcelorMittal Plants, Creates EU’s No. 3 Steel Producer 18 Apr 2019 - The European Commission has greenlighted ArcelorMittal’s plans to sell several of its European mills to Sanjeev Gupta’s GFG Alliance, satisfying antitrust concerns that arose from ArcelorMittal’s acquisition of Italian steelmaker Ilva.

2019 Could Be a Milestone Year for Indian Steel Consumption 11 Apr 2019 - India’s domestic steel demand is expected grow more than 7% this year and is likely to cross the 100 million metric ton threshold, according to The (India) Economic Times.

Portuguese Rolling Mill Slates Major Upgrade for 2020 11 Apr 2019 - Long products producer Megasa Group has announced a major modernization project at its SN Seixal rolling mill in Portugal, according to the supplier on the project.

SSAB Eyes Lifting Machine Market for New High-Strength Grade 11 Apr 2019 - SSAB has introduced a new grade of hot-rolled strip grade designed for applications that require welded joints, particularly lifting equipment.

Fortescue CEO Sees Chinese Steel Production Rising This Year 11 Apr 2019 - China’s crude steel production potentially could grow to more than 950 million metric tons this year, according to the chief executive of iron ore miner Fortescue Metals Group.

Sims Metal Unveils North American Growth Plans 11 Apr 2019 - Metals recycler Sims Metal Management said it plans to grow its North American ferrous recycling business by around 40% over the six years.