Steel News

Report: Nucor Eyes Sunshine State for US$227 Million Investment

05 February 2018 - Nucor Corp. reportedly is considering building a US$227 million facility in central Florida, according to The (Lakeland, Fla.) Ledger.

ANDRITZ Accepts Order for French Galvanizing Line Furnace

05 February 2018 - ArcelorMittal Atlantique & Lorraine S.A.S. has ordered a direct-fired furnace from the ANDRITZ technology group in support of a EUR67 million coating line conversion.

U. S. Steel Posts Quarterly, Yearly Profit

01 February 2018 - United States Steel Corporation returned to full-year profitability in 2017 as the iconic Pittsburgh steelmaker recorded net earnings of US$387 million.

AK Steel Completes Mill Upgrades, Explains Cause of Steel Spill

31 January 2018 - AK Steel recently completed US$26 million in upgrades to its Mansfield and Middletown works in Ohio, bringing the projects in on time and without incident, executives reported on Tuesday.

GrafTech Names U. S. Steel SVP as Chief Executive

31 January 2018 - Steel industry veteran and United States Steel Corporation executive David J. Rintoul has been named president and chief executive of electrode manufacturer GrafTech International Ltd.

Gerdau Reaches Deal to Sell Texas Mill

31 January 2018 - Looking to focus more on its value-added business, Gerdau SA said Wednesday that it is divesting its Beaumont, Texas, USA, wire rod mill and two downstream facilities.

Nucor Earnings Rise on Increased Shipments, Prices

30 January 2018 - Nucor Corp. saw its full-year profits rise 66% to US$1.3 billion, owing in part to higher steel prices and increased shipments, the steelmaker reported on Tuesday.

Gerdau Upsizes Blooms at Michigan Mill

29 January 2018 - In an effort to improve steel cleanliness and better serve customers, Gerdau’s special bar quality mill in Monroe, Mich., USA, plans to begin producing 240-mm square blooms this fall.

Report: Steel Giants Team Up in Bid for Indian Manufacturer

29 January 2018 - Nippon Steel & Sumitomo Metal Corp. and ArcelorMittal are going in together on a bid for India’s Essar Steel, reports The (India) Economic Times.

ATI Joint Venture Initiates Sheet Production

25 January 2018 - Stainless and specialty alloys manufacturer Allegheny Technologies Inc. (ATI) has made some early production runs of stainless sheet produced through its joint venture with China’s Tsingshan Group.

Canadian Plant Targets 100K Ton Lift in Capacity Through Capital Upgrades

25 January 2018 - ArcelorMittal Long Products Canada will invest nearly CA$70 million (approximately US$56.8 million) in its Contrecoeur, Que., facilities over the next three years, the company has announced.

JSW Steel Awards Furnace Contract to Fives

24 January 2018 - Industrial engineering firm Fives has bagged an order for two high-capacity reheat furnaces from India’s JSW Steel, the firm reported on Wednesday.

Gerdau Shakes Up North American Leadership

23 January 2018 - Gerdau and the president of its North American long steel division have parted ways.

Steel Dynamics Had a Great Year. Here's Why.

23 January 2018 - Steel Dynamics Inc. had a banner year in 2017 as the company set new records for steel shipments, sales and safety, it said on Tuesday.

Tata Steel on the Hunt for New Assets

23 January 2018 - Tata Steel has plans to expand its new Kalinganagar Works, but will look to add capacity through acquisition, managing director TV Narendran tells The (India) Economic Times.

Fire Damages AK Steel Mill

22 January 2018 - AK Steel Corp. has begun repairing the steel shop at its Middletown, Ohio, mill after molten steel escaped from a ladle and damaged the facility.

Offers for Bhushan Steel Stack Up

19 January 2018 - The interest in India’s ailing Bhushan Steel Ltd. appears to be piling up.

Commercial Metals Company to Launch Branded Rebar Production at South Carolina Mill

19 January 2018 - Commercial Metals Company (CMC) is gearing up its Cayce, S.C., USA, rebar mill to produce the ChrōmX line of rebar acquired through its purchase of MMFX Technologies Corp.

Canadian Bar Maker Put Up for Sale, Faces Potential Liquidation

18 January 2018 - Canadian special bar quality manufacturer Hamilton Specialty Bar (2007) Inc. was officially put up for sale on Thursday after one of its lenders called a CDN$27.5 million loan and forced it into receivership earlier this month.

Austrian Government OKs voestalpine Pilot Hydrogen Plant

17 January 2018 - voestalpine AG has won approval to build a pilot version of a carbon-free hydrogen production plant, advancing its efforts to eliminate carbon emissions in steelmaking, the company said on Tuesday.