Steel News

Tata Chairman Says Corus Acquisition Made Sense at the Time

08 August 2017 - Tata Sons chairman Natarajan Chandrasekaran defended his company’s decade-old acquisition of former Anglo-Dutch steelmaker Corus, saying that the deal was a reasonable one to make at the time, hindsight notwithstanding.

Plate Mill Restarts After Seven-Month Outage

08 August 2017 - Nippon Steel & Sumitomo Metal Corp. has restarted the plate mill at its Oita Works more than seven months after a fire burned up an electrical room, the company has announced.

NLMK Hopes to Improve Iron Ore Production Through Predictive Analytics System

07 August 2017 - NLMK Group’s Stoilensky iron ore division is incorporating predictive analytics into its ore crushing and beneficiation operations in a bid to boost productivity.

Danieli Contracted for Russian Blast Furnace Reline

07 August 2017 - Danieli Corus has been awarded a contract to reline the No. 1 blast furnace at Russia’s Magnitogorsk Iron & Steel Works.

Breakout Reported at Illinois Bar Mill

07 August 2017 - Firefighters were summoned to the Alton Steel meltshop early Saturday morning after 100 tons of molten steel broke out of a ladle, according to The (Alton, Ill.) Telegraph.

voestalpine Deepens Investment in Powdered Metals, Additive Manufacturing

04 August 2017 - Austria’s voestalpine said it is investing EUR50 million to expand metal powder production for additive manufacturing and to open two 3D printing research and production facilities in Taiwan and Canada.

Cast Components Manufacturer Plans U.S. Facility

04 August 2017 - Kimura Foundry America is setting up a 35,200 square foot facility in Shelbyville, Ind., giving the castings maker its first U.S. manufacturing presence.

Better Steel Prices Strengthen Ternium's Second-Quarter Profits

02 August 2017 - Second-quarter profits at Latin American steel producer Ternium rose nearly 62% on higher steel prices, the company said.

Tata Steel Completes Sale of U.K. Pipe Mills

02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.

thyssenkrupp Forms an Alternative to Tata Steel Europe Combination

02 August 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service.

Six Injured in Accident at U. S. Steel's Great Lakes Works

01 August 2017 - Six people were injured Tuesday morning in what is being called an explosion at United States Steel Corporation’s Great Lakes Works in Michigan.

TimkenSteel Posts US$1.3 Million Profit in Second Quarter

31 July 2017 - New steel orders helped pushed TimkenSteel’s second-quarter earnings into the black.

U.K. Steelmaker Fires Up Revamped EAF

31 July 2017 - U.K.-based Sheffield Forgemasters International has completed a US$2.6 million overhaul of its electric arc furnace, the company has announced.

Old Port Poses An Obstacle to Wire Rod Mill Restart

28 July 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart.

ArcelorMittal to Expand Auto Steel Capacity Through European Investment

28 July 2017 - ArcelorMittal is planning expand its advanced automotive steel capacity through an investment of approximately US$112.8 million at two of its French mills.

Kobe Steel Sets Up Southeast Asia Subsidiary

27 July 2017 - Japan’s Kobe Steel Ltd. has established a new subsidiary serving south and southeast Asia and will open its regional headquarters in Thailand next month, the company has said.

German Steelmaker Lays Claim to World's Thickest Slab

27 July 2017 - Germany’s Dillinger Hütte said it set a new world record on Tuesday, casting a slab with a thickness of 600 mm, or more than 23.5 inches.

U. S. Steel Posts US$162 Million Profit in Second Quarter

26 July 2017 - United States Steel Corporation swung to profitability in the second quarter on higher average steel prices.

AK Steel Sets Maintenance and Project Outages at Mansfield, Middletown Facilities

26 July 2017 - AK Steel said it is investing US$26 million in the third quarter in upgrades to its Mansfield and Middletown Works in Ohio.

Finnish EAF Puts New Sampling Manipulator Into Service

26 July 2017 - Ovako has commissioned an automatic electric arc furnace (EAF) temperature and sampling manipulator at its Imatra plant in Finland.