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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

U. S. Steel Considers Idling Flat Rolled Plant

07 October 2015 - United States Steel Corporation is thinking about consolidating its North American flat rolled division and has given notice that it may temporarily idle its Granite City Works in Illinois, according to reports.

U. S. Steel Canada Can’t Afford Pension Contributions, Court Monitor Says

06 October 2015 - The court-appointed monitor in U. S. Steel Canada's (USSC) creditor protection case is supporting the company's request to halt pension plan contributions and retiree benefits, but is opposing parent United States Steel Corporation's request to cease providing ministrative and support services for the company.

Thailand’s SSI Enters Bankruptcy, Liquidates British Steel Works

06 October 2015 - Thailand's top steelmaker has declared bankruptcy as it liquidates its U.K. steel division.

ATI Completes Repairs to Key Piece of Equipment

01 October 2015 - Allegheny Technologies Inc. has completed repairs to the rotary crop shear at its hot rolling and processing facility and put it back rolling stainless coils, the company has announced.

Australian Steelmaker Seeking AUD100 Million in Cost Cuts

01 October 2015 - Australia’s Arrium Ltd. is planning to cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save AUD 100 million as the company moves forward with the sale of its mining consumables business, reports The Sydney Morning Herald.

Russia’s NLMK Upgrades Italian Plate Mill

01 October 2015 - NLMK has completed a round of upgrades to the press at its Verona, Italy, plate mill, the company has announced.

Union: Discussions Over U. S. Steel Canada's Future Ongoing

30 September 2015 - Mediated talks between United States Steel Corporation , the United Steelworkers union and others over the future of its Canadian operations are continuing behind closed doors, according to The Canadian Press news service.

U.S. Producers Seeking Protection for Welded Stainless Pressure Pipe

30 September 2015 - American producers of welded stainless pressure pipe are accusing their Indian counterparts of dumping products, thereby impacting volume, pricing and profits.

Stainless Steel Manufacturer Sells Stake in Tube Business

30 September 2015 - Outokumpu is divesting its stake in its Mexican stainless tube joint venture for US$63 million and will use the proceeds to pay down debt, the company has announced.

Larger Overseas Investments May Be in Nippon Steel’s Future

29 September 2015 - Tokyo-based Nippon Steel & Sumitomo Metal Corp. has an eye out for merger and acquisition opportunities as it looks to expand its global customer base, company president Kosei Shindo told Reuters during an interview.

Gerdau Supplying Long Steel for US$1 Billion Airport Expansion

29 September 2015 - Gerdau is filling an order for 16,500 tons of rebar and structural steel that's being used to expand a U.S. airport.

ArcelorMittal to Spend EUR100 Million on Coke Oven Rebuild

28 September 2015 - ArcelorMittal will spend EUR100 million to rebuild two coke oven batteries at a Spanish steel works, ensuring compliance with environmental laws, the company has announced.

Tata Steel Mothballs Galvanizing Line at Welsh Mill

28 September 2015 - Tata Steel is idling one of two hot-dipped galvanizing lines at its coil coatings mill in Shotton, North Wales, according to the Daily Post newspaper.

Nucor-Yamato Announces US$75 Million Beam Mill Upgrade

28 September 2015 - Nucor-Yamato Steel Co. plans to spend US$75 million on incorporating a new production process into its Blytheville, Ark., USA, plant, expanding its product offerings.

U.K.’s Second-Largest Steelmaker Closing English Steel Works

28 September 2015 - Thailand’s Sahaviriya Steel Industries (SSI) said it will mothball its Redcar steel works in Teesside, England, and lay off approximately 1,700 employees -- most of its workforce.

U.S. Trade Commission Pursues Cold Rolled Import Investigation

25 September 2015 - Producers from seven countries appear to be selling hot rolled coil at less than market value, undercutting American producers, the U.S. International Trade Commission (ITC) has ruled.

As SSI Falters, U.K. Steelmakers Ask for Government Support

25 September 2015 - British steelmakers and labor unions have called on government to offer more help to the industry in the wake of the production halt at SSI UK’s Redcar mill.

ArcelorMittal Adding Products Through Tube Plant Expansion

25 September 2015 - ArcelorMittal is undertaking a US$11.1 million expansion of its Monterrey, Mexico, tube plant, allowing it to add to its product offerings for the North American automotive market, the company has announced.

Report: Gerdau May Acquire Stake in Indian Steelmaker

23 September 2015 - Lenders to India’s Visa Steel have decided to convert a large portion of the company’s debt into equity using the Reserve Bank of India’s strategic debt restructuring scheme, according to The Financial Express newspaper.

Steelworkers, U. S. Steel and ArcelorMittal Returning to Bargaining Table

23 September 2015 - Contract negotiations between the United Steelworkers union and ArcelorMittal and United States Steel Corporation are to resume next week.