Steel News

Great Lakes Iron Ore Shipments Increased in 2016

17 January 2017 - The Soo Locks, which are a vital link between Lake Superior and the other Great Lakes, have closed for annual maintenance, marking the end of the 2016 shipping season. And while overall cargo volumes were down, iron ore shipments increased 7.8 percent, reports the MLive news site.

ArcelorMittal Wins Long-Term Supply Deal for Coke Byproduct

17 January 2017 - ArcelorMittal’s U.S. division has struck up long-term agreements to sell coal tar to Koppers Inc., a manufacturer of wood-treatment chemicals and carbon compounds.

TMK Forecasts Improving Conditions in 2017

16 January 2017 - Oil country tubular goods maker TMK said it expects the U.S. oil and gas market will continue to recover this year on the back of global rebalancing, spurring increased pipe consumption.

Vietnamese Steel Processor Orders New Paint Line

16 January 2017 - Vietnam’s Ton Dong A Corp. has awarded a contract to Danieli Fata Hunter for a continuous coil coating line at its new plant in the province of Binh Duong province.

Custom Refractory Linings Maker Expands Operation

16 January 2017 - U.S.-based ArmorMax Engineered Products, which sells custom ceramic fiber and refractory products, has opened a new manufacturing and repair facility in eastern Pennsylvania.

Tata Steel Puts Eyes in the Sky

16 January 2017 - Puns not intended, but Tata Steel has launched a pilot program that employs unmanned aerial vehicles to help monitor operations at one of its iron ore mines, the steelmaker announced on Monday.

Essar Minnesota Sues Parent for US$1 Billion and Hopes to Restart Project

13 January 2017 - The former Essar Steel Minnesota, which hopes to complete its half-finished taconite mine and pellet plant in Minnesota, has filed a lawsuit against parent Essar Global, alleging “a myriad of damaging actions” that helped starve it of cash, according to news reports.

Nippon Steel Asks for Production Help Following Fire

13 January 2017 - Nippon Steel & Sumitomo Metal Corp. has asked competitors for help in meeting orders after a fire damaged its heavy plate mill in western Japan.

Dura-Bond to Restart Idled Tube Mill in Pennsylvania

12 January 2017 - Line pipe manufacturer Dura-Bond Industries plans to restart a mothballed United States Steel Corp. tube mill and eventually hire more than 200 people.

Danieli Acquires Italian Robotics Company

12 January 2017 - Danieli has acquired Italy’s Telerobot Labs, which designs and builds robotic systems for a number of fields, the equipment manufacturer has announced.

Commercial Metals Adds Scrap Capacity in Southeastern U.S.

12 January 2017 - A subsidiary of long products manufacturer Commercial Metals Co. has an agreement to acquire seven scrap facilities from OmniSource Corp., the company has announced.

Commercial Metals Adding New Product to Lineup

09 January 2017 - Long products manufacturer Commercial Metals Co. on Monday posted a first-quarter profit of US$6.3 million and revealed plans to produce hot-rolled, spooled rebar at its new mill in Oklahoma.

Altra Industrial Finalizes Purchase of Clutches and Brakes Maker

06 January 2017 - U.S.-based Altra Industrial Motion Corp. has closed on its deal to acquire the Stromag unit of Britain’s GKN plc.

ArcelorMittal Dofasco Orders New Power Plant Boiler

06 January 2017 - ArcelorMittal Dofasco has awarded to a contract to The Babcock & Wilcox Co. for a replacement boiler at its Hamilton, Ontario, mill.

Tenova HYL Strikes Up Partnership with Mill Byproducts Recycler

04 January 2017 - Tenova HYL and Diproinduca Canada Ltd. have formed an alliance that will further develop and commercialize technology designed to reuse iron ore fines in direct reduction plants.

U. S. Steel Announces Plans to Restart Idled Taconite Facility

03 January 2017 - United States Steel Corp. will restart its idled Keetac taconite mine and pellet plant in Minnesota after securing third-party orders for pellets, the company has announced.

NLMK to Install New Walking Beam Furnace at U.S. Mill

29 December 2016 - NLMK Group will invest an estimated US$80 million in a new reheat furnace for its U.S. sheet mill in Pennsylvania, the company has announced.

Stainless Producer Contracts Fives for New Processing Line

28 December 2016 - The Fives industrial engineering firm has won a contract to install a new stainless processing line at China’s Chengde Stainless Steel Co.

Tata Steel Acquires Iron Ore Processor

27 December 2016 - Tata Steel has an agreement to acquire an iron ore pellet maker that will its new Kalinganagar works in the Indian state of Odisha.

New BOF on Order for Chilean Steel Mill

27 December 2016 - Chile’s Compania Siderurgica Huachipato S.A. has ordered a new basic oxygen furnace (LD converter) for its Talcahuano facility from Primetals Technologies.