Steel News

Salzgitter Bags Order from Offshore Gas Pipeline

20 April 2016 - Germany’s Salzgitter Group has won an order for 71,000 metric tons of large-diameter pipe from the Trans Adriatic Pipeline project, the company has announced.

Steelmaking Countries Leave Brussels Without Agreement on Capacity Problem

19 April 2016 - The world’s largest steelmaking countries agree that there is more steel than the planet has use for, but they disagree on how to solve the problem and left a meeting in Belgium without having made any commitments to reduce it.

SSAB Revises Portfolio, Adds New Products

18 April 2016 - Sweden’s SSAB is revising its product portfolio, introducing new products and rolling out five new brand families that group products by their use.

AIST Foundation Announces Student Video Contest Winners

18 April 2016 - Students from five high schools and universities have been named winners of the AIST Foundation’s annual marketing video contest.

Chinese Steelmaker Signs Agreement to Buy Serbian Mill

18 April 2016 - China’s Hebei Iron and Steel Group has signed an agreement to buy an unprofitable steel mill in Serbia, according to reports.

ThyssenKrupp CEO: We Want to Be a Part of European Steel Consolidation

15 April 2016 - If thyssenkrupp chief executive Heinrich Hiesinger had his druthers, the company would take part in a consolidation of Europe’s steel industry, perhaps getting together with Tata Steel’s European operation.

ArcelorMittal, voestalpine Teaming Up to Market New Automotive Steel

15 April 2016 - Voestalpine and ArcelorMittal have signed an agreement to jointly market a new line of galvanized press-hardened steels intended for hot-formed automotive components, ArcelorMittal has announced.

The Techs Engineer Named ASTM Committee Chair

15 April 2016 - Margaret A. Farabaugh, a technical services engineer for hot-dipped galvanizer The Techs, has been named chairperson of ASTM international committee A05 on metallic-coated iron and steel products, the standards maker has announced.

Voestalpine Commissions New Sound-Based Monitoring System

14 April 2016 - Austria’s voestalpine has installed a new acoustic-based monitoring system at a secondary dedusting plant at its Linz mill, the vendor on the project has announced.

U.S. Toolmaker Expects New Marketing Opportunities Through European Acquisition

14 April 2016 - U.S.-based toolmaker Allied Machine & Engineering Corp. has closed on a deal to acquire the remaining interests in its European subsidiary, Allied Maxcut Engineering Co. Ltd. U.K., the company has announced.

U.K. Government Might Consider Investment in Tata Steel Sale

12 April 2016 - The U.K. government might “co-invest” with whomever acquires Tata Steel’s U.K. operation, according to reports.

Thousands of German Steelworkers Take to the Streets, Protesting Imports, Potential Consolidation

11 April 2016 - Thousands of German steelworkers staged nationwide protests Monday, demanding more action against Chinese imports -- and a seat at the table in any discussions about possible industry consolidation.

Gerdau OKs New Skinpass Mill

11 April 2016 - Brazil’s Gerdau has awarded the final acceptance certificate on a new hot skinpass mill at its Ouro Branco plant, the supplier on the project has announced.

Tata Steel, Investment Firm Shake Hands on Sale of Long Products Business

11 April 2016 - Tata Steel has reached a deal to sell its European long products business to private investment firm Greybull Capital, the company has announced.

Chinese Steelmakers Lost US$15.5 Billion in 2015

08 April 2016 - China’s steelmakers made a lot of steel in 2015, but they reportedly didn’t make any money in return: they collectively lost US$15.5 billion in 2015, according to Xinhua, China’s official news agency.

U.S. Plate Producers File Trade Complaint Against 12 Countries

08 April 2016 - American steel producers are seeking trade actions against imported carbon and alloy cut-to-length plate from 12 countries, alleging that overseas manufacturers have been undercutting domestic prices.

Report: Tata May Have Hard Time Finding Buyer for U.K. Business

07 April 2016 - After Tata Steel announced that it would look to divest its U.K. business last week, the hope has been for a quick sale to a buyer with a turn-around plan.

The Rest of World Should Cut Its Excess Capacity, Too, China Official Says

07 April 2016 - A Chinese steel official is throwing criticism of the country's steel industry back at the countries dishing it out, saying that mills in other parts of the world are struggling because they are uncompetitive, according to BloombergBusiness.

Australian Steelmaker Placed into Administration

06 April 2016 - Saddled with AUD$2.8 billion in debt, Australian iron ore miner and steelmaker Arrium has been placed into administration, according to reports.

Tata Steel to Start Formal Sales Process for U.K. Business Next Week

06 April 2016 - Tata Steel will launch the formal sales process for is ailing U.K. business on 11 April, according to a U.K. official.