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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
Two Potential Buyers Said to Have Bids on U. S. Steel Canada
15 June 2016 - A private equity firm and an industrial conglomerate have entered the final stage of bidding for U. S. Steel Canada, which is operating under creditor protection as it seeks a buyer, reports The Hamilton Spectator newspaper.
Nucor Forecasts Higher Profits in Second Quarter
15 June 2016 - Nucor Corp. expects its second-quarter earnings to increase 66 percent, if not more, on rising shipments and prices, the steelmaker said on Wednesday.
Contract Award Probably Spells the End for Essar Steel Minnesota Project
13 June 2016 - ArcelorMittal’s new long-term pellet supply agreement with iron ore miner Cliffs Natural Resources is likely the "final nail in the coffin" for the Essar Steel Minnesota taconite project, says a columnist for the Minneapolis Star Tribune.
Steel Dynamics Expects Profitable Second Quarter on Improvements in Flat Rolled Market
13 June 2016 - U.S.-based Steel Dynamics Inc. expects to nearly double its second-quarter profits over the first quarter due to better metal spreads and increased shipments, the company said on Monday.
LNG Terminal Selects Outokumpu Stainless Rebar for Project
10 June 2016 - Finnish stainless producer Outokumpu supplied approximately 10 metric tons of stainless rebar for a liquefied natural gas project along the North Sea coast, the company said on Friday.
ArcelorMittal Plans to Overhaul Continuous Casters at Spanish Mill
10 June 2016 - SMS group has won a contract to overhaul two continuous slab casters at an ArcelorMittal sheet mill in Spain, the company has announced.
Primetals, AIC Win Order for 500K Rebar Mill
09 June 2016 - Filipino rebar maker Capitol Steel Corp. has awarded a contract for a new bar rolling mill to Primetals Technologies and partner Automazioni Industriali Capitanio S.r.l. (AIC), according to Primetals.
Report: Tata Pushes Back Decision on Sale of U.K. Business
09 June 2016 - Tata Steel apparently is going to give itself more time to consider the fate of its struggling U.K. business, extending the timeline for naming a preferred bidder for the operation, reports the (London) Financial Times.
Nucor Joint Venture Eyes Mexican Auto Market
09 June 2016 - Nucor Corp. plans to build a US$270 million galvanized sheet mill in central Mexico through a new joint venture, the company has announced.
Primetals Signs Contract for Furnace Upgrades at German Mill
07 June 2016 - Primetals Technologies has won an order to modernize the electric arc furnace at BGH Edelstahlwerke GmbH’s Freital facility in Germany.
Italian Steelmaker Adding Waste-Heat Recovery System to EAF
07 June 2016 - Italy’s Acciaieria Arvedi is installing a waste-heat recovery system at its Arvedi facility in Cremona, according to a supplier on the project.
ArcelorMittal Prepares to Launch New High-Strength Auto Steel
06 June 2016 - ArcelorMittal is preparing to roll out a new high-strength automotive steel later this year, reports the (London) Financial Times.
Sandvik to Expand Technical Services Offerings
06 June 2016 - Swedish stainless manufacturer Sandvik Materials Technology is adding a suite of technical services to its business portfolio, hoping to meet demand for testing, inspection and certification services.
U.S. Should Resolve Trade Disputes Through Discussion, Not Protectionist Measures, Says China Official
03 June 2016 - Barring Chinese-made steel from the U.S. market would be an abuse of trade remedies, Zhu Guangyao, China’s vice minister of finance, said on Thursday, according to Xinhua, the country’s official news agency.
AHMSA Installs New Plate Normalizing Line
03 June 2016 - Altos Hornos de México S.A.B. de C.V. (AHMSA) has begun processing plates on a newly installed normalizing line at its Monclova works, according to the equipment supplier.
SSAB Trims 183 Positions at Swedish Plate Mill
03 June 2016 - Sweden’s SSAB is cutting 183 jobs at its heavy plate mill in Oxelösund, the steelmaker has announced.
Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving
03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.
Metals Trader Announces Plans to Expand U.K. Mill
31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.
Severstal Plans Pickling Line Upgrade
31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.
ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement
31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.
