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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
KOCKS Wins Contract for South Korean Bar Mill Improvements
06 November 2018 - POSCO has contracted with German rolling mill specialist KOCKS for upgrades to a bar mill, the company has said.
Commercial Metals Co. Completes US$600M Acquisition of Gerdau Long Mills
05 November 2018 - Gerdau has finalized its sale of four U.S. mini-mills and nearly three dozen rebar fabrication shops to Texas-based Commercial Metals Co., the steelmaker said on Monday.
Nippon Steel Slates Blast Furnace Reline, Coke Oven Overhaul
05 November 2018 - Nippon Steel & Sumitomo Metal Corp. said it plans to spend the equivalent of US$812.6 million to reline a blast furnace at a steel works in northern Japan and refurbish a coke oven battery in southern Japan.
Report: U.K. Steelmaker Eyes Up Pennsylvania Wire Processor
05 November 2018 - British Steel is said to be looking at buying Pennsylvania’s Johnstown Wire Technologies, the (London) Financial Times reports.
Steelworkers Announce Tentative Agreement with ArcelorMittal
02 November 2018 - The United Steelworkers union has reached a tentative labor agreement with ArcelorMittal USA, the union said on Friday.
Liberty House Expands Roster of Mills Yet Again
02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.
Salzgitter Sets Partnership to Produce Green Hydrogen
01 November 2018 - Salzgitter has signed a cooperation agreement with two other businesses to build a wind-powered hydrogen electrolysis plant.
ArcelorMittal Takes Control of One of EU’s Largest Steel Works
01 November 2018 - ArcelorMittal has finalized its deal to acquire Italy’s ILVA S.p.A., giving it control of the European Union’s largest steel works.
SSAB Looks to Increase Q&T Capacity Through US$110M Project
01 November 2018 - Swedish steelmaker SSAB said it plans to invest the equivalent of around US$110 million in its Mobile, Ala., USA, plant and increase capacity to make quenched-and-tempered (Q&T) steels and other products.
Steelworkers Begin Considering U. S. Steel Contract
30 October 2018 - The United Steelworkers union has mailed ballots to its U. S. Steel members who are deciding whether to ratify the union’s tentative labor agreement with the integrated steelmaker, reports The Times newspaper of northwest Indiana.
European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal
30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.
U.S. Rebar Maker Slates Mill Upgrade
30 October 2018 - The operator of a Texas bar mill has turned to Primetals Technologies to upgrade the mill’s packaging end.
Essar Steel Creditors Give Nod to ArcelorMittal Offer
30 October 2018 - Essar Steel India Ltd.’s creditors have named ArcelorMittal as the successful bidder for the debt-laden business, accepting its US$6.8 billion offer.
In Surprise Move, Essar Steel Promoters Offer to Repay Lenders and Halt Bankruptcy Sale
25 October 2018 - India’s Ruia family, which promotes Essar Steel India Ltd., have made a last-ditch effort to reclaim the bankrupt business, offering to pay off the equivalent of US$7.4 billion, just as creditors were to vote on a bid from ArcelorMittal.
EVRAZ Eyes Expansion of U.S. Rail Capabilities
25 October 2018 - EVRAZ North America is weighing construction of a new US$480 million rail mill at its Rocky Mountain Steel facility in Pueblo, Colo., the company has announced.
SSAB Adds to Roster of Steel Products
25 October 2018 - Specialty steel producer SSAB has added a new type of steel to its product mix, one that it says is geared for product manufacturers that have stamping, punching, slitting and complicate die forming operations in its production lines.
NLMK USA Strikes Up Conversion Agreement With Nearby Steel Producer
25 October 2018 - Stainless and specialty alloys producer Allegheny Technologies Inc. (ATI) is beginning to roll carbon steel slab for another steelmaker under a newly signed conversion agreement.
Nucor, SDI Report Hefty Q3 Profits
18 October 2018 - America’s two biggest electric arc furnace producers each saw third-quarter profits rise on higher prices and shipments, they reported on Thursday.
Report: U. S. Steel Union Employees in Line for Raises
17 October 2018 - Union employees at United States Steel Corporation will see their wages cumulatively increase 14% over the next four years if they ratify a tentative labor agreement, the Reuters news service reports.
To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt
17 October 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.
