Steel News

SSAB Introduces Water-Quenchable Steel Grade

22 November 2017 - Sweden’s SSAB has begun selling a new type of steel than can be quenched in water, but doesn’t need to be immediately tempered, it has announced.

Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill

21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.

Asian Steelmaker Starts Up New Cold Mill

16 November 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has rolled the first coil on its new reversing cold mill at its plant in the province of Binh Duong, according the equipment supplier on the project.

SMS group Wades Deeper into 3D Printing

14 November 2017 - SMS group has struck up a partnership with a company that makes a modular 3D printing system in an effort to drive sales in the growing additive manufacturing sector.

South Korea Wins Partial Ruling Against American OCTG Tariffs

14 November 2017 - A World Trade Organization panel has sided in part with South Korea in its dispute over U.S. anti-dumping measures it imposed on oil country tubular goods from the country and five others, according to the Reuters news service.

Healthier Markets Push Up Gerdau's Q3 Profits

13 November 2017 - Rising shipments and increased and sales, along with a companywide effort to reduce costs, lifted Gerdau SA’s third-quarter profits by 53%, the company reported.

Kuwaiti Steelmaker Puts Bar Mill on Order

13 November 2017 - Italian bar mill equipment manufacturer Nuova Carpenteria Odolese (NCO) has won an order for a rebar mill from Kuwait’s Al-Oula Steel Manufacturing Company.

Improved Market Lifts ArcelorMittal's Q3 Profits

10 November 2017 - The world’s largest steelmaker saw its third-quarter profits rise 75% on higher sales and shipments, ArcleorMittal reported on Friday.

Accumulating Scrap in China Could Reduce Demand for Coal, Coke

09 November 2017 - China’s scrap reservoir could more than double over the next eight years and enable a rise in electric arc furnace steelmaking – and drive a reduction in iron ore, coal and coke demand, according to Joseph Poveromo, president of Raw Materials & Ironmaking Global Consulting.

Better Performing Blast Furnaces Will Drive Coke Evolution

08 November 2017 - As coke batteries age and environmental rules make new greenfield projects less feasible, the coke industry will have to place a greater emphasis on repair know-how and technology, said Marcelo Andrade, ArcelorMittal raw material and ironmaking manager.

China's Steel Capacity Forecast to Fall Below 1 Billion Tons

08 November 2017 - China’s government-mandated production curtailments are forecast to reduce hot metal production by 41 million net metric tons and coke demand by 18 million net metric tons, according to an estimate from commodities consultancy CRU.

Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal

08 November 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.

Large-Diameter Spiral-Weld Line Enters Production

07 November 2017 - Algeria’s EPE Alfapipe has put a new 80-inch, spiral-welded pipe mill into service, according to the equipment supplier on the project.

Spanish Mill Puts New Walking Beam Furnace on Order

03 November 2017 - SMS group has received an order for a walking beam furnace from Spain’s Forjas Iraeta Heavy Industry, the equipment supplier said on Friday.

Chinese Province Cuts Steel, Coal Capacity

03 November 2017 - The Hebei province in China has cut 46.2 million metric tons of iron and steel capacity and 10.5 million metric tons of coal capacity, meeting its mandated reduction target, according to Xinhua, China’s state news agency.

Allegheny Technologies Establishes Stainless Sheet Joint Venture

02 November 2017 - U.S.-based Allegheny Technologies Inc. (ATI) is forming a joint venture with the world’s largest stainless producer to make and distribute 60-inch stainless sheet in North America.

Steelmaker, OEM Form Chinese Joint Venture

02 November 2017 - Primetals Technologies has launched a joint venture with China’s HBIS Tangshan Iron and Steel Group that will provide support for the steelmaker’s slab casters in the Hebei province.

REXA CEO Announces Retirement

01 November 2017 - REXA, a U.S.-based manufacturer of linear and rotary actuators for the process control sector, has named a company veteran as its next president and chief executive.

Report: Chinese Steel Mills Begin Production Curtailments

31 October 2017 - China's central and provincial governments, which have ordered mill shutdowns as a way to combat air pollution during the winter heating season, might have pushed ahead production curtailments ahead of schedule, reports S&P Global Platts.

voestalpine Announces Expansion of Automotive Blanking Facility

31 October 2017 - voestalpine is investing EUR16 million, or about US$18.6 million, to expand its laser-welded blanking facility in Linz, Austria.