19 Jun 2019 - United States Steel Corporation is idling three blast furnaces — two in the U.S. ¬— on account of receding demand.
13 Jun 2019 - ArcelorMittal chief executive Lakshmi Mittal says the European Union needs to further protect the domestic steel market from imports that are being deflected by U.S. President Donald Trump’s steel tariffs.
13 Jun 2019 - The European antitrust regulators have blocked thyssenkrupp and Tata Steel’s proposed European joint venture, officially ending a deal the companies decided to scrap last month.
06 Jun 2019 - ArcelorMittal Italia is temporarily laying off approximately 1,400 workers amid weakening demand and heightened competition from imported steel, the company has announced.
04 Jun 2019 - Baowu Steel Group, the world’s second-largest steelmaker, is acquiring a majority stake in a smaller rival, a move that could propel Baowu to the No. 1 spot within the next few years.
04 Jun 2019 - The China Iron and Steel Association is calling for restraint as mills produce at record levels amid concerns over slowing demand, the Reuters news service reports.
04 Jun 2019 - Laboratory and analytical instruments manufacturer Verder Group is expanding its product portfolio in particle and surface analysis equipment, acquiring Microtrac Inc. and MicrotracBEL from Nikkiso Co. Ltd.
04 Jun 2019 - China’s Ningbo Baoxin Stainless Steel Co. Ltd. has ordered a new precision cold mill from Fives, the equipment supplier reports.
30 May 2019 - China’s Jiangsu Shagang Group Co. Ltd. has contracted Primetals Technologies to install a fully automated tapping system on two BOF converters at its Zhangjiagang steel works in the Jiangsu province.
30 May 2019 - SMS group has landed an order to build a new reheat furnace for the NLMK DanSteel A/S plate mill in Denmark.