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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
SSAB Begins Layoff Negotiations
30 March 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.
ArcelorMittal Brazil to Idle Blast Furnace
30 March 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts.
U. S. Steel Takes Two BFs Out of Service, Postpones Capital Projects
27 March 2020 - In response to the COVID-19 pandemic and the sudden deterioration in the oil and gas markets, United States Steel Corporation is idling two blast furnaces and delaying a number of capital projects.
Indian Steel Producers Set COVID-19 Curtailments
26 March 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown.
thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments
25 March 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced.
voestalpine Idles Blast Furnace; Closes Global Sites
25 March 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.
Primetals Technologies Announces Start of New Pickling Line
25 March 2020 - China’s Shougang Jingtang United Iron & Steel Co. Ltd. has started up a new continuous pickling line built by Primetals Technologies.
Paul Wurth: Reline Complete at Dillinger Hüttenwerke BF
25 March 2020 - Paul Wurth recently finished a modernization of the slag granulation plant at AG der Dillinger Hüttenwerke (Dillinger).
U. S. Steel Idles Ohio, Texas Tube Mills
24 March 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper.
ArcelorMittal, Gerdau Idling Some North American Assets
24 March 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.
thyssenkrupp Appoints Permanent Chief Executive
23 March 2020 - thyssenkrupp interim chief executive Martina Merz has been given the job on a permanent basis, the steelmaker has announced. In a statement, thyssenkrupp said Merz will begin a three-year contract on 1 April.
U. S. Steel Issues Q1 Earnings Guidance
20 March 2020 - United States Steel Corporation expects to record a first-quarter loss due in part to difficulties in the tubular market and the European sheet market, both of which are occurring against the backdrop of a global pandemic, the company said on Friday.
Nucor, SDI Off to Solid 2020 Start, But Coronavirus Consequences Loom
19 March 2020 - Impacts from the coronavirus have so far been minimal, but Nucor and Steel Dynamics said Thursday that they each expect to see fallout further down the road.
Union Employees at Cleveland-Cliffs Mill OK New Labor Deal
19 March 2020 - Union employees at Cleveland-Cliffs Inc.’s Middletown Works in Ohio have ratified a three-year labor agreement, the company said Thursday.
Fives Gets the Nod for Reheat Furnace Improvement
19 March 2020 - JSW Steel has contracted Fives to upgrade the reheat furnaces at its Vijayanagar Works in India, the equipment supplier has said.
Coronavirus Prompts ArcelorMittal to Reduce European Production
19 March 2020 - ArcelorMittal is reducing production in Europe due to impacts from the coronavirus, the company said Thursday.
Indonesian Mill Signs Off on Skinpass Mill Improvement
18 March 2020 - An Indonesian steelmaker has signed the final acceptance certificate for an overhaul of its hot skinpass mill, according to contractor Danieli Automation.
EU Should Adopt Carbon Border Tax on Steel, ArcelorMittal Says
16 March 2020 - ArcelorMittal is calling on EU leaders to include a carbon border adjustment in its EUR1 trillion Green Deal, its plan to make the carbon neutral by 2050.
It’s Official: AK Steel Is Now a Part of Cleveland-Cliffs
13 March 2020 - Cleveland-Cliffs Inc. on Friday completed its acquisition of AK Steel Corp., marking the beginning of a new era for two storied American businesses.
CMC Sees Successful Upgrade of California Rolling Mill
13 March 2020 - Italy’s Automazioni Industriali Capitanio (AIC) has wrapped up upgrades to Commercial Metal Company’s (CMC) California rolling mill, the company has announced.
