21 January 2016 - The European Commission has ordered Belgium to recover EUR211 million in aid it granted to steel companies in the Duferco group, saying the assistance distorted competition and violated EU state aid rules.

Improved Metal Spreads Lift Insteel Industries Q1 Profits

21 January 2016 - U.S.-based Insteel Industries Inc.’s first-quarter profits rose nearly 62 percent to US$6.7 million, the company reported.

U. S. Steel Warns of More Job Cuts at Lone Star Plant

20 January 2016 - United States Steel Corporation is planning to curtail production and lay off nearly 700 employees at its Lone Star tubular plant in Lone Star, Texas.

Fourth Quarter Impairment Charges Cost Allegheny Technologies US$267M

20 January 2016 - Specialty steelmaker Allegheny Technologies Inc. said its fourth-quarter earnings will take a US$267 million hit from inventory charges, write-offs, and costs associated with layoffs and mill idlings.

Hyundai Steel Starts Up Caster, Bar Rolling Mills at New Plant

19 January 2016 - A bloom caster, a large-bar rolling mill, and a combination small-bar and wire rod mill have been started up at Hyundai Steel’s new special steel plant in South Korea.

Commercial Metals Names New Chief Operating, Financial Officers

19 January 2016 - U.S.-based Commercial Metals Company (CMC) has promoted its chief financial officer as its new chief operating officer, the company has announced.

Tata Steel to Let Go More Than 1,000 at UK Mills

18 January 2016 - Tata Steel UK Ltd. is laying off 1,050 people, mostly from its integrated Port Talbot mill in Wales, on account of continued pricing pressure from low-cost imports, the company has announced.

AUMUND Wins Order for Conveyor at New DRI Plant in Algeria

15 January 2016 - Germany’s AUMUND Fördertechnik GmbH is building a 116-meter conveyor that will link a new hot direct reduced iron plant to a meltshop at the Tosyali Holding AS mill in Algeria.

French Rod Mill Upgrades Coil Handling System

15 January 2016 - French stainless steel wire rod producer Ugitech has awarded a final acceptance certificate on upgrades to the compacting and coil handling system in the company’s rod mill, according to the supplier, Primetals Technologies.

Warren Steel's Temporary Idling Becomes Permanent

14 January 2016 - After announcing a temporary idling in November, Ohio’s Warren Steel Holdings LLC has decided to shut down permanently. The decision affects 162 employees.

U. S. Steel Names New Managers at PRO-TEC Coating, Granite City Works

14 January 2016 - A veteran United States Steel Corporation manager has been named president of its PRO-TEC Coating joint venture, the company has announced.

Primetals Wins Order for Two Continuous Casters

14 January 2016 - China’s Shandong Iron & Steel Group Rizhao Co. Ltd. has ordered two twin-strand continuous slab casters from Primetals Technologies, the company has announced.

U. S. Steel Canada Gets the Go-Ahead to Initiate a New Sales Process

13 January 2016 - A Canadian court has signed off on U. S. Steel Canada Inc.’s plan to try, for a second time, to find a buyer, according to The Hamilton Spectator newspaper.

A New Day for Sparrows Point, and a New Name

13 January 2016 - Over the past two years, demolition crews have been razing the Sparrows Point steel works in Maryland -- once the world's largest steelmaking facility -- to make way for a redevelopment project.

Tenaris Upgrades EAF Injection System at Mexican Tube Mill

12 January 2016 - TenarisTamsa, Tenaris’ seamless tube mill in Mexico, has started up a new pneumatic carbon and lime injection system on its 160-ton electric arc furnace, the vendor on the project has announced.

Report: ArcelorMittal Shopping Around U.S. Rail Mill

12 January 2016 - ArcelorMittal’s Steelton, Pa., USA, rail mill is on the sales block, reports local television station WHTM-TV.

Steelworkers to Begin Voting on U. S. Steel Labor Deal

12 January 2016 - The union rank-and-file at United States Steel Corporation are preparing to vote on a tentative labor agreement with the integrated steelmaker, reports The Times of Northwest Indiana newspaper.

Labor Union to Meet With Tata Steel Leaders Over Layoff Reports

11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.

U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors

11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.

POSCO Highlights New Steels at Auto Show

11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.

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