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Industry
Latest News
SSAB Revises Portfolio, Adds New Products
18 April 2016 - Sweden’s SSAB is revising its product portfolio, introducing new products and rolling out five new brand families that group products by their use.
AIST Foundation Announces Student Video Contest Winners
18 April 2016 - Students from five high schools and universities have been named winners of the AIST Foundation’s annual marketing video contest.
Chinese Steelmaker Signs Agreement to Buy Serbian Mill
18 April 2016 - China’s Hebei Iron and Steel Group has signed an agreement to buy an unprofitable steel mill in Serbia, according to reports.
ThyssenKrupp CEO: We Want to Be a Part of European Steel Consolidation
15 April 2016 - If thyssenkrupp chief executive Heinrich Hiesinger had his druthers, the company would take part in a consolidation of Europe’s steel industry, perhaps getting together with Tata Steel’s European operation.
ArcelorMittal, voestalpine Teaming Up to Market New Automotive Steel
15 April 2016 - Voestalpine and ArcelorMittal have signed an agreement to jointly market a new line of galvanized press-hardened steels intended for hot-formed automotive components, ArcelorMittal has announced.
Kentucky Hopes to Prompt AK Steel to Relight Ashland Blast Furnace
15 April 2016 - Kentucky Gov. Matt Bevin has signed a bill meant to entice flat rolled maker AK Steel Corp. to relight the blast furnace at its Ashland Works, according to the Associated Press.
The Techs Engineer Named ASTM Committee Chair
15 April 2016 - Margaret A. Farabaugh, a technical services engineer for hot-dipped galvanizer The Techs, has been named chairperson of ASTM international committee A05 on metallic-coated iron and steel products, the standards maker has announced.
Voestalpine Commissions New Sound-Based Monitoring System
14 April 2016 - Austria’s voestalpine has installed a new acoustic-based monitoring system at a secondary dedusting plant at its Linz mill, the vendor on the project has announced.
China Agrees to End Subsidy Program; Steel Executives Press for Aggressive Enforcement of Trade Laws
14 April 2016 - The U.S. has signed an agreement with China to end a disputed program that subsidized Chinese exports from seven sectors, one of which includes specialty steel.
U.S. Toolmaker Expects New Marketing Opportunities Through European Acquisition
14 April 2016 - U.S.-based toolmaker Allied Machine & Engineering Corp. has closed on a deal to acquire the remaining interests in its European subsidiary, Allied Maxcut Engineering Co. Ltd. U.K., the company has announced.
Mill Steel Names New President
12 April 2016 - U.S.-based steel distributor Mill Steel Co. has promoted Pam Heglund as president, the company has announced.
Steelmakers Suggest Ways to Fight Excess Capacity During Hearing
12 April 2016 - Steelmakers, labor representatives and community leaders were in Washington, D.C., Tuesday to offer testimony about the impact of the world’s excess steel capacity and to suggest ways to combat the problem.
U.K. Government Might Consider Investment in Tata Steel Sale
12 April 2016 - The U.K. government might “co-invest” with whomever acquires Tata Steel’s U.K. operation, according to reports.
Essar Steel 'Confident' It Can Finish New Iron Ore Mine, Pellet Plant
12 April 2016 - Essar Steel Minnesota chief executive Madhu Vuppuluri said he and the company are “optimistic” that they’ll raise the rest of the money needed to finish building a new taconite mine and processing facility in northern Minnesota, according to the Duluth News Tribune newspaper.
Thousands of German Steelworkers Take to the Streets, Protesting Imports, Potential Consolidation
11 April 2016 - Thousands of German steelworkers staged nationwide protests Monday, demanding more action against Chinese imports -- and a seat at the table in any discussions about possible industry consolidation.
Gerdau OKs New Skinpass Mill
11 April 2016 - Brazil’s Gerdau has awarded the final acceptance certificate on a new hot skinpass mill at its Ouro Branco plant, the supplier on the project has announced.
AIST Announces Steelmaker of the Year
11 April 2016 - The Association for Iron & Steel Technology has named Nucor Corp. chairman and chief executive officer John J. Ferriola as its 2016 Steelmaker of the Year, the association has announced.
Tata Steel, Investment Firm Shake Hands on Sale of Long Products Business
11 April 2016 - Tata Steel has reached a deal to sell its European long products business to private investment firm Greybull Capital, the company has announced.
Chinese Steelmakers Lost US$15.5 Billion in 2015
08 April 2016 - China’s steelmakers made a lot of steel in 2015, but they reportedly didn’t make any money in return: they collectively lost US$15.5 billion in 2015, according to Xinhua, China’s official news agency.
Steel of West Virginia Awarded Specialty Manufacturing Certification
08 April 2016 - Maritime standards maker Lloyds Register has certified Steel of West Virginia Inc. as a producer of steel “bulb flats,” a specialty product used in shipbuilding, the company has announced.
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