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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
Strike Ends at ArcelorMittal Steel Works
15 March 2016 - ArcelorMittal has reached an agreement with striking workers at its Lazaro Cardenas steel works in Mexico, according to reports.
Falling Prices, Shipments Push U. S. Steel Canada Deep Into the Red
15 March 2016 - U. S. Steel Canada (USSC) posted a CAD144 million (US$107.8 million) operating loss in 2015 due to lower shipments and declining prices, according to a court filing.
AK Steel CEO: We're Focused on Idea Generation
15 March 2016 - How do you win a down market? AK Steel Corp.’s new CEO has five ways.
Steel Imports Have Declined Slightly, Market Has Improved Modestly, Nucor Says
15 March 2016 - Nucor Corp. said its mills are benefiting from “modest” market improvements and expects to post a first-quarter profit of between 20 and 25 cents per share later this spring.
Tata Steel Eyes September Commissioning for New Steel Works
14 March 2016 - India’s Tata Steel is bringing up its new Kalinganagar steel works in the state of Odisha and plans to have it fully commissioned by September, company officials said.
Jindal Steel Looks to Monetize Assets and Pay Down Debt
11 March 2016 - Indian steelmaker Jindal Steel and Power Ltd. plans to sell stakes in some of its steel businesses as a way to raise money and pay off debt, according to livemint.com.
Deadline Nearing for Sale of Tata Steel Europe Long Products Business
11 March 2016 - Talks between investment firm Greybull Capital and Tata Steel over the sale of its European long products business are continuing, but the steelmaker is sticking to a self-imposed deadline to strike a deal, reports the U.K.’s Mirror tabloid.
Keystone Steel & Wire Adds 1080 Wire Rod to Product Portfolio
10 March 2016 - U.S.-based Keystone Steel & Wire has begun manufacturing and selling high-carbon wire rod for use as pre-stressed concrete strand, the company has announced.
Paul Wurth Wins Order for Blast Furnace Charging System
09 March 2016 - South Korea’s POSCO has ordered a new charging system for the No. 3 blast furnace at its Pohang works, according to the vendor on the project.
Primetals Awarded Contract for Caster Modernization
08 March 2016 - Italian steelmaker Acciaierie Valbruna S.p.a. plans to modernize the three-strand continuous billet caster at its Bolzano plant, according to the vendor on the project.
Union: U. S. Steel Plans to Idle Ohio Tubular Facility
08 March 2016 - United States Steel Corporation is planning to temporarily idle its Lorain, Ohio, USA, seamless tube mills, for two weeks, if not longer, a union official told The (Lorain County) Chronicle-Telegram newspaper.
Report: U. S. Steel Sets Up New Ownership Structure for Tubular Operations
08 March 2016 - United States Steel Corporation has created a new corporate structure for its tubular business, establishing a wholly owned subsidiary that will own its tube mills in Ohio and Alabama, reports the Pittsburgh Post-Gazette.
ArcelorMittal CEO Sees Improvement on the Horizon
07 March 2016 - There’s finally some light at the end of the tunnel, ArcelorMittal’s chief executive told The (London) Financial Times.
ATI Looks for Post-Lockout Production to Normalize in April
07 March 2016 - With a six-month lockout at an end, unionized employees at Allegheny Technologies Inc. (ATI) are to begin returning to work 13 March, the company has announced.
Striking Workers Halt Production at Mexican Plant
07 March 2016 - Unionized workers at ArcelorMittal’s Lazaro Cardenas steel works in Mexico have walked off the job, saying that the company has violated their collective bargaining agreement.
NLMK Announces 2018 Blast Furnace Rebuild
04 March 2016 - Russia’s NLMK said it will spend US$104.4 million (RUB 7.5 billion) to rebuild the No. 6 blast furnace at its Lipetsk works.
Insteel Industries Appoints New Director
02 March 2016 - A longtime North Star Steel manager and executive will be joining the board of wire reinforcing products maker Insteel Industries Inc., the company has announced.
United Steelworkers Union Accepts Allegheny Technologies Labor Agreement
02 March 2016 - By more than a 5-to-1 margin, members of the United Steelworkers union ratified a new labor deal with specialty metals producer Allegheny Technologies Inc., ending a lockout that began in August.
Judge Confirms U.S. Steel Debt Claims Against Former Canadian Subsidiary
01 March 2016 - An Ontario judge has sided with United States Steel Corporation, agreeing that the steelmaker is indeed owed more than $2.2 billion from its former Canadian subsidiary, U. S. Steel Canada (USSC).
Thyssenkrupp Reveals Plans for New Auto Components Plant
01 March 2016 - thyssenkrupp plans to invest EUR100 million in a new automotive components plant in Hungary, the company has announced.
