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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
U.S. Announces Preliminary Duties on Stainless Sheet, Strip
12 September 2016 - The U.S. Commerce Department has set has set preliminary anti-dumping duties of 63.9 and 76.6 percent on stainless sheet and strip from China.
SAIL Records Fifth Straight Quarterly Loss, Forecasts Increasing Steel Demand
09 September 2016 - India’s largest steelmaker lost US$81 million in the first quarter of its fiscal year, but is forecasting increasing demand and is advancing plans to boost capacity, reports the Bloomberg news service.
Commerce Department Proposes Big Countervailing Duty on Chinese-Made Plate
08 September 2016 - The U.S. Commerce Department has set preliminary countervailing duties of 210.5 percent on Chinese-made cut to length plate, ruling that producers there have been benefitting from unfair government subsidies.
voestalpine Looks for Additional Operational Savings
08 September 2016 - voestalpine chief executive Wolfgang Eder said the company is planning to undertake additional measures aimed at improving operational efficiencies, reports the Reuters news service.
AK Steel Finishing Up Work on New R&D Center
02 September 2016 - AK Steel Corp. is nearing completion on its US$36 million research center in Ohio and expects to begin moving in employees this fall, reports the Dayton (Ohio) Daily News.
thyssenkrupp Engages Labor on European Steel Restructuring
01 September 2016 - thyssenkrupp and labor representatives have agreed to establish a task force that is to discuss, among other things, whether the company needs to merge steelmaking operations with others, according to the Reuters.
For Dongkuk Steel, The Technology Race Comes to a Photo Finish
31 August 2016 - South Korea’s Dongkuk Steel said it has developed inkjet printing technology designed specifically for printing on steel sheets, reports BusinessKorea.
Workers Protest Potential Merger of thyssenkrupp, Tata European Operations
31 August 2016 - Steel workers at Germany’s thyssenkrupp staged a rally on Wednesday to protest the potential merger of the company’s European steel division with Tata Steel’s European unit, reports the Reuters news service.
Hebei Iron & Steel Begins Boosting Sales, Production at Serbian Mill
30 August 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.
Vietnamese Steelmaker Announces Plans for Mammoth US$10.6B Works
30 August 2016 - Vietnam’s Hoa Sen Group plans to build a giant US$10.6 billion steel works whose targeted capacity would exceed the country’s total production in 2015, reports the online VN Express News.
POSCO Product Wins Top Government Honor
29 August 2016 - A POSCO product designed to cut noise between floors in apartment buildings has been recognized with a Jang Young Sil award, South Korea’s top honor for industrial technology.
Magnetation Planning to Wind Down Operations
29 August 2016 - AK Steel Corp. will pay up to US$37.5 million to end its pellet supply agreement with its joint venture pellet producer, Magnetation LLC, which will begin to wind down its remaining operations unless it finds a buyer or new financing.
ArcelorMittal Plans Improvements to Jumbo Beam Mill
29 August 2016 - Danieli has won an order for upgrades to the finishing end of ArcelorMittal’s jumbo beam mill in Luxembourg, the equipment manufacturer has announced.
Cliffs Natural Resources, Steelworkers Shake Hands on New Labor Agreement
26 August 2016 - North American iron ore miner Cliffs Natural Resources Inc. has reached a tentative labor agreement with the United Steelworkers union, the company announced on Friday.
Billions of Rupees Committed to a New Mill, Plans for Another Set Aside
26 August 2016 - India’s JSW Steel plans to commit the equivalent of US$7.5 billion to build a large steel works in the state of Odisha, reports the Business Standard newspaper.
In Indiana, Steelworkers Rally Over U. S. Steel Layoffs, and ArcelorMittal Advances Optimization Plan
26 August 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.
JFE Steel, thyssenkrupp to License Each Other's Sheet-Forming Technology
25 August 2016 - Japan’s JFE Steel Corp. and thyssenkrupp Steel Europe AG have signed an agreement to cross-license each other’s flangeless automotive sheet-forming technologies, the steelmakers have announced.
Essar Minnesota Lists US$1.1B in Liabilities
24 August 2016 - Essar Steel Minnesota owes US$1.1 billion, more than five times the value of its reported assets, reports the Mesabi Daily News newspaper.
Report: Nippon Steel Looking for Advice on Splitting Brazil's Usiminas
24 August 2016 - Japan’s Nippon Steel & Sumitomo Metal Corp. is looking for help on drafting plans to split Brazil’s Usiminas between itself and Usiminas’ other controlling shareholder, Techint Group, reports the Reuters news service.
Tata Steel Initiates Exports of New Iron Product
24 August 2016 - Tata Steel said its new Kalinganagar steel works in India shipped its first export batch of an alternative iron product called Tata Ferroshots.
