Steel News

Steel Dynamics Plans New Galvanizing Line for Mississippi Sheet Mill

28 June 2018 - Steel Dynamics Inc. plans to add a third galvanizing line to its Columbus, Miss., USA, sheet plant and make US$90 million to US$100 million in other improvements there.

Revised CAFE Standards Probably Won't Hurt Demand for Auto Steel

25 June 2018 - The Trump administration’s proposal to roll back the 2025 vehicle fuel economy standards likely won’t have a significant impact on the market for lightweight automotive steels, according to a Nucor Corp. official.

ArcelorMittal Launches Initiative Aimed at Improving Steel Building Design

21 June 2018 - The world’s largest steelmaker has created a program that aims to change the way builders think about steel in building construction.

Idled U. S. Steel Blast Furnace Back in Production

21 June 2018 - United States Steel Corporation has restarted one of two idled blast furnaces at its Granite City Works in Illinois and is again producing hot metal.

Nissan to Expand Use of Advanced High-Strength Steel

21 June 2018 - Nissan Motors Co. Ltd. said it plans to use more advanced high-strength steel in its vehicles and aims to have the material account for 25% of components by weight.

SMS group Secures Orders for Finishing Blocks

21 June 2018 - SMS group has landed two separate orders for its MEERdrive PLUS finishing blocks from Italian wire rod producers Arlenico SpA and Feralpi Siderurgica SpA.

Tata Steel Modernizes Continuous Annealing Line

21 June 2018 - The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.

SSAB Sets Price Tag on Mill Fire at More Than US$10 Million

20 June 2018 - A transformer fire that damaged SSAB’s Hämeenlinna mill in Finland is expected to cost the company somewhere between SEK100 and SEK120 million (between US$11.2 million and US$13.5 million) in repairs and lost deliveries, the steelmaker said.

NLMK Plans Improvements to Coke Facility

14 June 2018 - In a bid to improve coke quality, Russia’s NLMK Group said it will invest EUR57 million in process upgrades at its Altai-Koks facility.

SAIL Celebrates Completion of Major Plant Upgrades

14 June 2018 - India Prime Minister Narendra Modi on Thursday visited the Steel Authority of India Ltd.’s Bhilai Steel Plant to mark the completion of company’s expansive modernization program.

Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal

13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.

Flood Waters Halt Production at Spanish Mill

13 June 2018 - Flooding has disrupted operations at ArcelorMittal’s Asturias works in Spain, reports S&P Global Platts.

Transformer Fire Damages Finnish Mill

12 June 2018 - A transformer fire has knocked a portion of SSAB’s strip and tube mill in Hämeenlinna, Finland, offline, the company disclosed on Tuesday.

Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture

12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.

Indiana Harbor Doubles Shipments to Sister Plant

11 June 2018 - ArcelorMittal’s Indiana Harbor facility has achieved its goal of shipping 1 million tons’ worth of slabs to ArcelorMittal’s joint venture finishing operation in Alabama.

ArcelorMittal Begins Work on Waste Gas Conversion Plant

11 June 2018 - ArcelorMittal and a Chicago-based company that has developed technology to transform industrial waste gases into ethanol have broken ground on a plant at the steelmaker’s facility in Ghent, Belgium.

voestalpine Brings New Slab Caster Into Service

11 June 2018 - voestalpine has been quickly ramping up a new slab caster at its No. 3 steel shop in Linz, Austria, having successfully cast nearly all of the steels it is designed to produce within its first three months of operation, according to the caster's manufacturer.

Report: JSW Steel's Appetite for Deals Remains Unabated

07 June 2018 - After signing deals to acquire Italian long products mill and an Indian producer of steel sponge iron and ferroalloys, JSW Steel remains in the hunt for distressed assets, both in India and overseas, reports Indian financial portal moneycontrol.com.

CMC Winds Up First Spool of Rebar

07 June 2018 - Commercial Metals Company’s new micro-mill in Oklahoma has begun producing spooled rebar, according to the plant’s technology supplier, Danieli.

voestalpine Announces 2019 Leadership Change

06 June 2018 - voestalpine chief executive Wolfgang Eder plans to step aside next summer and is to be succeeded by a veteran of the company’s steel and metal forming divisions, the Austrian steelmaker has announced.