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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
Steel Processor Pushes Back Plant Closure
21 August 2015 - Cold-finished steel bar manufacturer Niagara LaSalle Corp. has postponed the closure of its Buffalo, N.Y., USA, facility until the end of August.
Big River Steel Names New Chairman, CEO
20 August 2015 - Big River Steel, the new company building a US$1.3 billion mill in Arkansas, has named a new board chairman and appointed a new CEO following the sudden death of founder John Correnti, who held both of those positions. It also has named a new board director, the company has announced.
Judge Declines To Carve Out Objections To U. S. Steel Debt Claims In Creditor Protection Case
20 August 2015 - United States Steel Corp.'s Canadian operation, U. S. Steel Canada, has been under creditor protection since September 2014. Its largest creditor? U. S. Steel, which says it is owed more than US$2.2 billion.
Funeral Arrangements Set For Big River Steel CEO John Correnti
20 August 2015 - Funeral arrangements for Big River Steel CEO John Correnti, who died suddenly on 18 August, have been announced.
Troubled South African Steelmaker Selling Iron Ore Mine
19 August 2015 - Integrated steelmaker Evraz Highveld Steel & Vanadium is selling its Mapochs iron ore mine, according to Mining Weekly.
UAE's Emirates Steel Wins Rebar Order for Power Plant Project
19 August 2015 - Rebar and structurals producer Emirates Steel is among the companies that are sharing in Dh9.15 billion worth of construction contracts for the United Arab Emirates' first nuclear power plant, according to The National newspaper.
Steel Industry Veteran Executive John Correnti Dies Suddenly
19 August 2015 - Steel industry leader and visionary John Correnti, who was instrumental in establishing several new steel mills in the U.S., died suddenly in Chicago on 18 August. He was 68.
Magnitogorsk Holding On To Stake In Iron Ore Producer
18 August 2015 - Russia's OAO Magnitogorsk Iron & Steel is going to wait for better days in the iron ore market before selling its piece of ore producer Fortescue Metals Group Ltd., according to BloombergBusiness.
Indian JV Inaugurates New TMT Bar Mill
18 August 2015 - The Steel Authority of India Ltd. in partnership with another company are opening a new mill capable of producing 100,000 tonnes annually of thermomechanically treated bar, India's The Economic Times reports.
U.S. Steel To Shut Down Alabama Blast Furnace, Finishing Operations
17 August 2015 - United States Steel Corp. intends to shut down -- permanently -- the blast furnace and halt most of the finishing operations at its Fairfield Works in Alabama on account of the new electric arc furnace being installed there, the Pittsburgh-based company has announced.
Thai Rod Mill Awards Contract For Furnace Modifications
17 August 2015 - Primetals Technologies has won an order for electric arc furnace upgrades at a rod and wire mill in Thailand, the company has announced.
Allegheny Technologies To Lock Out Workers
14 August 2015 - Specialty steelmaker Allegheny Technologies Inc. has given notice that it will lock out 2,200 workers at its plants beginning 15 August, a move that was immediately blasted by the United Steelworkers union.
ArcelorMittal Finalizes South Carolina Rod Mill Closure
14 August 2015 - ArcelorMittal has formally closed its Georgetown, S.C., wire rod mill, bringing to a close 46 years of steel production at the site.
Former ATI Executive Joins TimkenSteel Board
14 August 2015 - A retired executive has been elected as an independent director to TimkenSteel Corp.'s board, filling a newly added seat, the company has announced.
Exchange Rates Lift Gerdau Earnings Even As Shipments Decline
14 August 2015 - Brazilian steelmaker Gerdau SA recorded a 3-percent increase in net sales, even as shipments fell during the second quarter, the company said in its quarterly earnings statement.
Negotiations Between Allegheny Technologies, Steelworkers Break Down
13 August 2015 - Labor talks between the United Steelworkers union and specialty steelmaker Allegheny Technologies Inc. apparently have broken down, with the union having let a company-mandated deadline to accept the new contract lapse.
Report: Indian Steelmaker Bidding On U.S. Steel Canada
13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.
Tata Steel's Profits Rise, But Market Remains Challenging
12 August 2015 - Tata Steel Ltd. saw its first-quarter profits in fiscal 2016 more than double to US$119 million on account of one-time gains, the company reported.
POSCO Looks To Establish Indian Mill Through JV
12 August 2015 - Two steel manufacturers are proposing to build a US$3 billion integrated plant in India that might one day produce 3 million tonnes annually, The Times of India reports.
Danieli Revamps Rolling Stands At German Strip Mill
12 August 2015 - Danieli Transmissions has completed upgrades to a ThyssenKrupp Steel Europe mill in Germany, the company has announced.
