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More Than 2 Years in the Making, voestalpine's U.S. HBI Plant Opens

26 Oct 2016 - voestalpine officially opened its US$740 million direct reduction plant in Corpus Christi, Texas, on Wednesday, marking the end of work on a project that is corporate Austria’s largest-ever U.S. investment and one that will help the company reduce its carbon footprint.

Tata's Change in Leadership Throws European Steel Merger Into Question

25 Oct 2016 - Cyrus Mistry’s ouster as chairman of Tata Sons Ltd. might disrupt the conglomerate’s effort to merge its U.K. strip business with thyssenkrupp’s European steel operations, according to the Bloomberg news service.

German Steelmaker in Talks to Sell Brazilian Plant

25 Oct 2016 - thyssenkrupp might sell its Brazilian steel plant, Companhia Siderúrgica do Atlântico, to Latin American steelmaker Ternium, according to The Wall Street Journal.

ArcelorMittal's Relationship With Shipbuilder Steams Onward

25 Oct 2016 - ArcelorMittal Asturias has reached a milestone in its relationship with shipbuilder STX France, which is about to take delivery of its 100,000th metric ton of steel plate from the steelmaker.

Tata Group Dumps Chairman, Launches Search for Successor

24 Oct 2016 - In a surprise move, Indian conglomerate Tata Group ousted its chairman on Monday and named a member of Tata's founding family to temporarily succeed him.

Jamshedpur 'One of the World's Most Enduring Company Towns'

24 Oct 2016 - In India’s Steel City, Jamshedpur, Tata Steel and its Jamshedpur Works isn’t simply an employer. It’s a way of life.

Capacity Reduction Will Happen Later Rather Than Sooner, Says Consultant

19 Oct 2016 - By the time the industry closes the books on 2016, China likely will have exported about 120 million tons of steel, Steel-Insights President Becky E. Hites said on Wednesday.

EAF Production to Gain Ground, But BOF Production to Remain King

18 Oct 2016 - Electric arc furnace-based steel production will continue to grow faster than basic oxygen furnace production over the next several years, but the latter of the two will remain the dominant method, CRU North American steel consultant Josh Spoores said on Tuesday.

Orissa Metaliks Prepares for November Start-Up of New Billet Caster

18 Oct 2016 - Indian steelmaker Orissa Metaliks Private Ltd. is preparing to start up a new three-strand billet caster next month, according to the equipment vendor on the project. 

Report: Liberty House Eyes Australian Steelmaker

18 Oct 2016 - Liberty House, the steelmaker and metals trading firm that had looked to acquire Tata Steel’s U.K. strip business, might be turning its attention to a different set of distressed assets, reports the Bloomberg news service.

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