Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
AK Steel, Steel Dynamics Expecting Low-Cost Imports to Weigh Down Fourth-Quarter Results
18 December 2015 - AK Steel Corp. said it expects to report a greater-than-anticipated net loss of between 33 cents and 38 cents per share in the fourth quarter, due in part to costs associated with idling its Kentucky blast furnace.
Weak Demand Forces Nucor To Halt Production at DRI Plant
17 December 2015 - Nucor Corp. is temporarily halting production at its direct reduced iron (DRI) plant in Louisiana due to market conditions, the U.S.-based steelmaker has announced.
Outokumpu Finalizes Divestment of Mexican Joint Venture
17 December 2015 - Stainless manufacturer Outokumpu has closed on a deal to sell its stake in its tubular joint venture in Mexico to partner F.E.R. Fischer Edelstahlrohre GmbH.
Nucor Awards Contract for Rod Mill Upgrades
17 December 2015 - Primetals Technologies has won a contract to upgrade coil handling equipment at Nucor Corp.'s Norfolk, Neb.,USA, coiled bar and wire rod mill, the company has announced.
ArcelorMittal Americas CEO Stepping Down in February
16 December 2015 - ArcelorMittal Americas CEO Lou Schorsch has announced that he will retire in February 2016, prompting the world’s largest steelmaker to reorganize its top management in the two continents.
Top ArcelorMittal Executive To Retire in 2016
16 December 2015 - Longtime ArcelorMittal executive Bhikam Agarwal is retiring at the end of February 2016, the company has announced.
Upgrades to OneSteel Wire Rod Mill Pass Muster
15 December 2015 - Australia’s OneSteel Market Mills has issued a final acceptance certificate for upgrades to its Laverton wire rod mill, according to the contractor on the project.
AK Steel to Begin Winding Down Ashland Works
14 December 2015 - AK Steel Corp. is to begin sending home employees at its Ashland, Ky., USA, works Christmas week, according to the Dayton Daily News.
Union Reviewing New U. S. Steel Contract Proposal
14 December 2015 - Leaders of the United Steelworkers union are meeting in Pittsburgh, Pa., USA, this week to discuss a new comprehensive proposal from United States Steel Corporation.
Outokumpu Sheds Majority Stake in Joint Venture
11 December 2015 - Finland’s Outokumpu has completed the divestment of most of its stake in its Chinese joint venture, Shanghai Krupp Stainless Co. Ltd. (SKS), the company has announced.
U. S. Steel's Granite City Works To Close in Mid-February, Union Official Says
11 December 2015 - United States Steel Corporation will begin winding down its Granite City Works in Illinois later this month, with workers beginning to be sent home on 27 December, according to the Belleville News-Democrat newspaper.
High Imports and Low Prices Prompt Allegheny Technologies to Idle Two Mills
11 December 2015 - Citing the abundance of low-cost imports and depressed steel prices, stainless and specialty steel producer Allegheny Technologies Inc. is indefinitely idling two of its western Pennsylvania plants.
State Appeals Court Upholds Air Permit for New U.S. Mill
10 December 2015 - An Arkansas appeals court has rejected a legal challenge to the air permit issued to a US$1.3-billion steel mill being built in the state, according to reports.
Vietnamese Steelmaker Planning New 200K-Ton Rolling Mill
09 December 2015 - Vietnam’s Hoa Sen Group has been awarded an investment certificate for a new US$89-million cold rolling mill in the Binh Dinh province, according to The Saigon Times.
Hundreds Out of Work at ArcelorMittal Caribbean Steel Works
09 December 2015 - ArcelorMittal is laying off scores of workers at its Point Lisas steel works in Trinidad and Tobago after temporarily idling the operation in November, according to reports.
French Rail Mill Renews Long-Term Supply Contract
07 December 2015 - Tata Steel’s French rail mill has won a renewed contract to supply rail to SNCF, a French rail operator.
Newspaper: Three Firms Competing to Buy Tata Steel European Operation
07 December 2015 - A deal to acquire Tata Steel's European long products business could come as soon as this week, according to a report in The (London) Telegraph newspaper.
Court Dismisses Lawsuit Against Essar Steel Algoma
04 December 2015 - A U.S. federal court has dismissed an iron producer’s lawsuit against Essar Steel Algoma, the company has announced.
With No Alternative Plans in the Offing, Tata Steel Expected to Cut 720 Positions
04 December 2015 - Tata Steel and union representatives have failed to agree on a plan that would mitigate layoffs at its mini-mill operation in northern England, meaning that Tata likely will execute on its plan to cut 720 positions there and elsewhere, according to the The (London) Telegraph.
Allegheny Technologies Lockout Nearing Fifth Month
04 December 2015 - Specialty metals producer Allegheny Technologies Inc. (ATI) invested close to US$400,000 per job through its new hot rolled mill in southwestern Pennsylvania, according to Robert Wetherbee, ATI’s president of flat rolled products.