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Production & Shipments

Developments that could increase or decrease steel production and shipments around the world.

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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.

Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO

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.

Analyst: Expect Tighter Competition in U.S. Sheet Market

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.

Coil Exports Begin Shipping From New Tata Steel Works

16 Sep 2016 - Tata Steel’s new Kalinganagar works has reached another milestone as ramps up operations, shipping its first hot-rolled coils for the export market.

Amid Recession, Long Products Maker Gerdau Sending More Flat Steel Overseas

15 Sep 2016 - With the Brazilian economy in a deep recession, Gerdau SA is looking to sell flat steel into foreign markets, and is finding success.

Tenaris Plans November Restart of Idled Tube Mill

15 Sep 2016 - Tenaris plans to restart its idled seamless mill in Ontario, Canada, and is recalling between 120 and 150 union workers, the company has announced.

Hebei Iron & Steel Begins Boosting Sales, Production at Serbian Mill

30 Aug 2016 - Nearly two months after acquiring Serbia’s ailing Železara Smederevo steel works, Hebei Iron & Steel has managed to lift the facility’s monthly sales and is targeting 1.7 million tons of production in 2017, reports Xinhua, China’s official news agency.

In Indiana, Steelworkers Rally Over U. S. Steel Layoffs, and ArcelorMittal Advances Optimization Plan

26 Aug 2016 - The United Steelworkers union is rallying this afternoon in downtown Gary, Ind., protesting U. S. Steel Corp.’s decision to layoff approximately three dozen maintenance workers at the Gary Works, reports The Times newspaper of northwest Indiana.

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