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Converter Steelmaking

News about the production of steel using basic oxygen converters.

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U. S. Steel Announces Plan to Acquire Big River Steel

01 Oct 2019 - United States Steel Corporation is acquiring a stake in Arkansas-based Big River Steel for US$700 million in cash and will look to buy the rest of the business sometime in the next few years, the company announced Tuesday morning. 

British Steel Chief Executive Steps Down

12 Sep 2019 - Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.

Liberty Steel Sets European Investments

03 Sep 2019 - Sanjeev Gupta’s Liberty Steel plans to invest more than US$443 million over the next five years in its newly acquired European mills, Liberty Steel chief executive Jon Bolton tells Bloomberg news service.

Vietnamese Steelmaker Starts Up Converter Shop at New Mill

27 Aug 2019 - Vietnam’s Hoa Phat Group has commissioned the first of four converters at its integrated greenfield mill near Da Nang, reports the supplier of the equipment.

Stelco Awarded CA$50 Million From Canadian Government to Upgrade Plants

19 Aug 2019 - The investment is part of a project to modernize Stelco’s Hamilton and Lake Erie Works. The upgrades will include a new recycling facility and will bring about the creation of 75 new jobs.

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