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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
Arrium Goes Out on the Road in Search of a Buyer
23 August 2016 - Executives of Australian steelmaker and iron ore miner Arrium are in Asia this week, shopping around the debt-laden business in advance of the release of the formal sale documents, reports The Australian Financial Review.
BlueScope Steel Exits Castrip Joint Venture
23 August 2016 - Australia’s BlueScope Steel Ltd. has divested its stake in Castrip LLC, its thin strip casting technology joint venture, for US$20 million, the steelmaker disclosed on Monday.
Wire Rod Manufacturer Restarts Upgraded Mill
23 August 2016 - SMS group has successfully completed upgrades to a German wire rod mill, the equipment maker has announced.
South African Steelmaker Agrees to US$110M Fine for Price Collusion
23 August 2016 - ArcelorMittal’s South African unit has agreed to pay the equivalent of US$110 million in fines to settle accusations that it had colluded to fix steel and scrap prices, according to reports.
United Steelworkers, Others Pressing Canadian Federal Government to Support Steel Industry
22 August 2016 - Calls are mounting for the Canadian federal government to step off the sidelines and take action in support of Canada’s steel industry and its employees, both retired and active, reports The Hamilton Spectator newspaper.
Aided by Its North American Sheet Mill, BlueScope's Fortunes Rise in Fiscal 2016
22 August 2016 - Australia’s BlueScope Steel more than doubled its underlying net profits in fiscal 2016 due in part to higher sales and cost reductions as well as to having taken full ownership of its U.S. sheet mill.
AK Steel Begins Marketing New High-Strength Auto Steels
22 August 2016 - AK Steel Corp. is launching a new line of high-strength, lightweight steels intended to help automakers reduce the weight of their vehicles, the Ohio-based steelmaker announced on Monday.
EVRAZ Sees North American Sales for Rail, Tube Decline
19 August 2016 - Russia’s EVRAZ saw its sales fall nearly 28 percent in the first half of 2016, primarily on lower prices and weaker demand. But the second quarter brought about improving conditions, and the company is therefore “cautiously optimistic” about the second half, it said on Thursday.
New Steelworks Reaches 100,000 Metric Tons of Monthly Production
19 August 2016 - Tata Steel managing director T.V. Narendran said the company’s Kalinganagar steel works produced 100,000 metric tons of steel in July as the company continues to ramp up production at the new facility.
Skyline Steel Adding Straight-Seam Welding to Mississippi Plant
18 August 2016 - Pilings maker Skyline Steel is investing US$15 million in its Iuka, Miss., plant to add additional pipe-making capabilities.
voestalpine to Expand North American Auto Parts Manufacturing Capacity
18 August 2016 - Austrian steelmaker voestalpine said it will expand its U.S. auto body parts plant and build another after landing an EUR$500 million order for automotive components, the company announced on Wednesday.
Slab Caster at New Brazilian Steel Works Now in Operation
17 August 2016 - Startup Brazilian steelmaker Companhia Siderúrgica do Pecém (CSP) has put its new two-strand continuous slab caster into service, according to the equipment vendor, Primetals Technologies.
Gerdau to Idle Kentucky Bar Mill
17 August 2016 - Gerdau is planning to idle its Calvert City, Ky., USA, bar mill by the end of November, blaming the world’s excess steelmaking capacity, according to reports.
Cliffs Natural Resources Breaks Ground on Pellet Project
15 August 2016 - North American iron ore miner Cliffs Natural Resources has broken ground on a US$65 million project that will allow for production of its new superflux pellet.
Steel Dynamics Acquires Scrap Yards in Tennessee, Mississippi
15 August 2016 - Metals recycler Sims Metal Management Ltd. has divested certain scrap yards in the eastern United States, selling them to Steel Dynamics Inc. for an undisclosed amount, according to reports.
UAW Ratifies Labor Agreement with AK Steel
10 August 2016 - The United Auto Workers union has ratified a new labor agreement at AK Steel Corp.’s Butler, Pa., USA, facility, the company has announced.
U. S. Steel Canada Declines New Offer From Essar Global
10 August 2016 - U. S. Steel Canada has rejected a new buyout offer from Essar Global, saying that its new bid is substantially similar to one that was proposed -- and rejected -- earlier this year, according to reports.
Hyundai Steel Signs Off on Bar Mill Upgrade
10 August 2016 - South Korea’s Hyundai Steel has issued the final acceptance certificate for a new 3-roll sizing mill at its bar mill in Pohang, according to the contractor on the project.
A New Offer Emerges for U. S. Steel Canada
09 August 2016 - An entity that includes shareholders of India’s Essar Global said it has made a formal, binding offer for U. S. Steel Canada, which is operating under creditor protection while it attempts to find a buyer.
Commerce Department Sets Duties on Hot Rolled Coil Imports
08 August 2016 - The U.S. Commerce Department will impose anti-dumping duties of between 3.7 and 34.3 percent on hot rolled coil from seven countries, the department has announced.
