Steel News

SSAB Wraps Up Pickling Line Upgrade

13 December 2018 - Swedish steelmaker SSAB has completed a SEK370 million (US$40.9 million) project to modernize the entry section on its Hämeenlinna Works pickling line, the company said Thursday.

JSW to Pushes Forward on Meltshop Restart

12 December 2018 - JSW Steel reportedly is planning to run a test on the caster at its Mingo Junction, Ohio, plant as it looks to restart the facility's meltshop.

Cleveland-Cliffs Appoints New COO

12 December 2018 - Iron ore miner Cleveland-Cliffs Inc. has named executive vice president Clifford T. Smith as chief operating officer, the company has announced.

Ovako Upgrades EAF With Spray-Cooled Roof

12 December 2018 - Swedish steelmaker Ovako has commissioned a new roof on the electric arc furnace at its Horfors plant, according to the equipment supplier on the project.

Section 232 Tariffs Have Fostered Job Creation, Capital Investment, Think Tank Says

11 December 2018 - The Section 232 steel and aluminum tariffs haven’t yielded the disastrous economic consequences some had predicted and, in fact, have created new jobs and allowed for renewed capital investment, an economic think tank argues in a new paper.

Mittal Calls for Green Tax on Steel Imported Into Europe

11 December 2018 - ArcelorMittal executives on Tuesday said Europe ought to tax imported steel under the terms of its Emissions Trading System as a way to prod foreign producers into reducing emissions and maintain a level playing field for domestic producers.

Primetals Technologies Bags Order for 140-Metric-Ton LMF

11 December 2018 - China’s largest privately owned steelmaker, Jiangsu Shagang Group Company Ltd., has ordered a twin-ladle metallurgy furnace from Primetals Technologies, the equipment supplier has announced.

Here's China's Next Big Pollution Battle: Slag Piles

11 December 2018 - China has been trying to crack down on air pollution generated by its steel industry. Now, it’s targeting another type of pollution created by the mills – the thousands of slag piles that dot the country.

Algoma Exits Creditor Protection, Sets CA$300M Reinvestment Plan

06 December 2018 - Canadian steelmaker Algoma Steel Inc. has emerged from creditor protection as an independent entity, ending three years of uncertainty about its future.

Primetals Technologies to replace a second CAP ACERO converter

06 December 2018 - Compania Siderurgica Huachipato S.A. (CAP ACERO) has awarded Primetals Technologies a follow-up order to replace LD (BOF) converter #1 in its Talcahuano, Chile works following Primetals Technologies’ successful start-up of converter #2 in May 2018.

Synalloy Signs Deal to Acquire American Stainless Tubing Inc.

06 December 2018 - Stainless pipe maker Synalloy Corp. is acquiring North Carolina-based American Stainless Tubing Inc. (ASTI) for US$27 million to US$28 million, Synalloy has announced.

Nucor Acquires Precision Castings Company in Mexico

05 December 2018 - Nucor Corp. is acquiring Mexican precision castings maker Corporacion POK S.A. de C.V. for an undisclosed amount, the steelmaker has said.

ArcelorMittal Plant Turns Old Stoves to Steel Bike Racks

05 December 2018 - ArcelorMittal Poland’s Kraków plant is participating in a local civic program intended to promote cycling and cleaner air.

Italian Long Products Maker Brings New Wire Rod Mill On-Line

05 December 2018 - Italy’s Pittini Group has rolled the first coil on a new high-speed wire rod mill at its Acciaierie di Verona plant.

GFG Alliance Acquiring Second U.S. Wire Rod Mill

03 December 2018 - Six months after restarting a shuttered wire rod mill in South Carolina, British industrialist Sanjeev Gupta is expanding his U.S. steel holdings.

Steel Dynamics to Build US$1.7B Sheet Mill in Southwest U.S.

27 November 2018 - Steel Dynamics Inc. has revealed plans to build an advanced sheet mill somewhere in the southwestern U.S. at a cost of between US$1.7 and US$1.8 billion.

Chinese Steelmakers Sign Cooperation Agreement With Fives

27 November 2018 - Industrial equipment maker Fives has signed US$150 million worth of cooperation agreements with a variety of Chinese manufacturers, including Baowu Steel Group, Benxi Steel Group and Fujian Special Steel, the company reports.

Tenova to Upgrade Vietnamese EAF

27 November 2018 - Tenova has won a contract to outfit a Consteel electric arc furnace in Vietnam with new technology that will allow the furnace to also accept hot metal from a blast furnace.

Report: South Korean Steelmaker Exploring Potential Indian JV

27 November 2018 - Rashtriya Ispat Nigam Ltd. (RINL) has had some early discussions with Hyundai Steel about the possibility of setting up a joint-venture mill in India, reports the Business Standard newspaper.

Section 232 Tariff Battle Enters a New Phase

21 November 2018 - The international dispute over the Trump administration’s Section 232 tariffs on steel and aluminum has ratcheted up, as opposing countries confirmed on Wednesday they will move to begin adjudication proceedings, the Reuters news service reports.