20 Sep 2018 - SSAB and Sandvik Materials Technology have asked for the research community’s help in developing a way to track steel products as they move through the value chain, from the mill to end product.
19 Sep 2018 - Salzgitter AG subsidiary Ilsenburger Grobblech GmbH has broken ground on a EUR150 million heat treat line, marking the start of a project that Salzgitter says is the single largest investment in the heavy plate mill’s history.
19 Sep 2018 - United Steelworkers members have authorized union leaders to call a strike against ArcelorMittal USA, if they deem one necessary.
19 Sep 2018 - The Trump administration reportedly has agreed to exempt some Indian steel and aluminum from the Section 232 tariffs announced in March, according to The (India) Economic Times.
19 Sep 2018 - Pipe and tube maker Zekelman Industries has postponed its planned US$750 million initial public offering, saying that its shares weren’t fetching the price it had hoped for, reports the Windsor (Ontario) Star.
18 Sep 2018 - Nucor Corp. and Steel Dynamics Inc. are forecasting higher third-quarter earnings on continued strength in demand, the steelmakers have said.
18 Sep 2018 - South Korea’s Daehan Steel Co. Ltd. has contracted SMS group to replace a bar mill quenching line at its Sinpyeong works and make other improvements, the equipment supplier has announced.
18 Sep 2018 - China’s big three steelmakers and an asset management company are investing the equivalent of US$291.3 million in a joint venture that will buy up steel assets, with an eye to driving consolidation within the country, reports the Reuters news service.
18 Sep 2018 - Steel Dynamics Inc. has finalized its acquisition of shuttered Kentucky Electric Steel for US$5 million and plans to reopen the facility in November.
14 Sep 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth.