Steel News

Report: U. S. Steel Union Employees in Line for Raises

17 October 2018 - Union employees at United States Steel Corporation will see their wages cumulatively increase 14% over the next four years if they ratify a tentative labor agreement, the Reuters news service reports.

To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt

17 October 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.

U. S. Steel, USW Agree on Four-Year Labor Deal

16 October 2018 - United States Steel Corporation and the United Steelworkers union have reached a tentative, four-year labor agreement, the union and the steelmaker have announced.

Liberty House Adds Four European Steel Plants to Growing List of Assets

12 October 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually.

U.S. Energy Department Awards US$1.2M Research Grant to AK Steel

11 October 2018 - AK Steel Corp. has won a US$1.2 million federal grant that will support research into new low-density steels that in the future could provide automakers with another option for lightweighting materials.

U. S. Steel Blast Furnace Once Again Making Hot Metal

11 October 2018 - Roughly four months after restarting the B furnace at its Granite City Works in Illinois, United States Steel Corporation has brought back up the facility’s A furnace.

Coke Plant Pipeline Fire Claims Nine

09 October 2018 - Nine people were killed and 14 others were injured Tuesday morning after a gas line caught fire at the Steel Authority of India Ltd.'s Bhilai works.

Commerce Secretary Ross Sees Higher Wages Awaiting Steelworkers

09 October 2018 - U.S. Commerce Secretary Wilbur Ross said he believes United Steelworkers members could see pay increases as a result of labor negotiations with United States Steel Corporation and ArcelorMittal USA.

Paul Wurth Completes Expedited Repair of Italian Blast Furnace

09 October 2018 - Blast furnace specialist Paul Wurth recently completed a fast-track repair at the Arvedi Group’s Siderurgica Triestina plant in Trieste, Italy.

SMA Presents Awards for Safety, Environmental Stewardship and Community Involvement

08 October 2018 - The Steel Manufacturers Association has recognized a Steel Dynamics Inc. employee for his on-going efforts to improve the industry’s safety.

SSAB to Revamp Tube Operations

05 October 2018 - SSAB Europe will close one tube mill and upgrade another as part of a plan to reposition its tube business, the company said on Friday.

USW Members Approve Labor Contract at Universal Stainless Mill

05 October 2018 - Hourly employees at Universal Stainless & Alloy Products Inc.’s Bridgeville, Pa., USA, mill have ratified a new labor agreement, the steelmaker has announced.

Nucor Retrofits Overhead Cranes with Emergency Brakes

05 October 2018 - Industrial brake manufacturer Pintsch Bubenzer recently has received several orders from Nucor Corp. for retrofit emergency brakes on electric overhead traveling cranes, the company has said.

Swedish JV Picks Tenova Technology for Planned Hydrogen-Based DRI Plant

03 October 2018 - A joint venture that is building a pilot-scale, hydrogen-based steel mill has selected Tenova to supply key components for the facility’s direct-reduction plant.

ArcelorMittal Gives Financial Boost to Canadian University's Mining Research

03 October 2018 - Canada’s McGill University has received a CA$360,000 commitment from ArcelorMittal to fund mining and materials engineering research.

thyssenkrupp Announces Plans to Split into Two

02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods.

Tata Steel Hopes to Boost Production at Former Bhushan Steel Plant

02 October 2018 - Tata Steel is aiming to lift the capacity utilization of a newly acquired integrated sheet mill by at least 14% over the next six months.

Primetals Technologies Wins Contract for SBQ Mill Upgrades

27 September 2018 - Gerdau Special Steel North America has chosen Primetals Technologies to modernize the electric arc furnace at the steelmaker’s plant in Monroe, Mich., USA, and install a new twin-ladle furnace there.

Metals Executive to Lead SSAB Special Steel Division

27 September 2018 - SSAB has named a new director for its special steel unit, hiring away the chief executive of tool steelmaker Uddeholm AB.

JSW Steel Sites Proposed Mill in India

27 September 2018 - The Indian state of Odisha has allotted roughly 2,900 acres of land to JSW Steel for a proposed steel plant, reports the The Times of India newspaper.