08 Nov 2016 -
Indonesia’s Krakatau Steel and South Korea’s POSCO are thinking about expanding their steelmaking assets in the Indonesian province of Banten, possibly adding 3 million to 4 million tons of capacity, reports the The Jakarta Post.
07 Nov 2016 -
Some Chinese mills are throtling back production and taking early maintenance outages on account of a rally in coal and coke prices, reports the Reuters news service.
01 Nov 2016 -
United States Steel Corp. posted a third-quarter profit of US$51 million and has agreed to sell the former Stelco to a private investment firm, the company announced on Tuesday.
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.
05 Oct 2016 -
Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.
04 Oct 2016 -
Supply-side competition in the U.S. sheet market is likely to stiffen in the year ahead as new players enter the market and others become more aggressive, according to one analysts.