Steel News

Report: Indian Steelmaker Bidding On U.S. Steel Canada

13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.

Steel Market Development Institute Appoints New Board Chairman

13 August 2015 - A Nucor Corp. executive has been named as the Steel Market Development Institute's board chairman, the organization has announced.

Tata Steel's Profits Rise, But Market Remains Challenging

12 August 2015 - Tata Steel Ltd. saw its first-quarter profits in fiscal 2016 more than double to US$119 million on account of one-time gains, the company reported.

POSCO Looks To Establish Indian Mill Through JV

12 August 2015 - Two steel manufacturers are proposing to build a US$3 billion integrated plant in India that might one day produce 3 million tonnes annually, The Times of India reports.

Danieli Revamps Rolling Stands At German Strip Mill

12 August 2015 - Danieli Transmissions has completed upgrades to a ThyssenKrupp Steel Europe mill in Germany, the company has announced.

U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports

12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.

Outokumpu Receives Order For New Stainless Grade

11 August 2015 - A manufacturer has chosen an Outokumpu stainless steel as the backbone material for an order for 6,000 illuminated signs, the Finnish steelmaker has announced.

Primetals Selected To Upgrade Slovenian Steelworks

11 August 2015 - Primetals Technologies has won an order for a 95-metric-ton AOD converter and de-dusting system, the company has announced.

South Korean, Chinese Steelmakers Investing Nearly $1 Billion In New Joint Ventures

11 August 2015 - South Korea's largest steelmaker is partnering with China's Chongqing Iron & Steel Co. on two joint ventures that will produce zinc-coated plates and cold rolled plates, The Korea Observer reported.

Taiwan Stainless Plant To Add New Grinding Mill

11 August 2015 - One of Taiwan's largest industrial conglomerates has ordered a Danieli Centro Maskin grinding mill, Danieli has announced.

EVRAZ Names New Director For Rod, Bar Sales

11 August 2015 - EVRAZ North America has appointed Mike Carroll as director of rod and bar sales, the company has announced.

ATI Makes 'Last, Best And Final' Offer To Union

10 August 2015 - Specialty metals manufacturer Allegheny Technologies Inc. has made what it says is its last, best and final offer to the United Steelworkers union, which is trying to reach a new labor agreement, according to the Pittsburgh Post-Gazette.

Steelmaker Signs Off On Furnace Upgrades

10 August 2015 - Vietnamese billet manufacturer DNSTEEL has signed a final acceptance certificate for a new electrode regulating system, Danieli Automation has announced.

Allied Tube Shutters Plant, Exits Sprinkler, Fence Markets

10 August 2015 - Allied Tube & Conduit Corp. is exiting the steel fence framework and sprinkler pipe markets and intends to cease production by 5 October, the comapany has announced.

voestalpine Records First-Quarter Revenue Growth

07 August 2015 - Austria-based voestalpine Group AG posted an adjusted profit of EUR151.7 million in the first quarter of fiscal 2016, the company reported.

SAIL Awards Contract For New Strip Mill

07 August 2015 - A consortium that includes Primetals Technologies Ltd. has won a contract to build a large hot rolled strip mill in India, Primetals has announced.

Acquisition Talks For Tata Steel Long Products Business Unsuccessful, Company Confirms

06 August 2015 - Confirming earlier reports, Tata Steel executives said that negotiations on the sale of its European long products business have broken off.

Formtek Inc. Promotes Sales Director to SVP

06 August 2015 - Cleveland-based Formtek Inc. has promoted sales and marketing director Jack Pennuto Jr. to senior vice president, the company has announced.

Trade Association President Urges Students, Industry to Participate In Manufacturing Day

06 August 2015 - The president of a metals trade association is hoping to turn the industry's attention -- and that of students -- to the fourth annual Manufacturing Day, which is intended to encourage young people to consider a career in manufacturing.

China Exports to Latin America Continue To Increase

05 August 2015 - Finished steel imports from China to Latin America rose 10 percent between the first half of 2015 and the same period last year, according to Alacero, the Latin American Steel Association.