Steel News

EVRAZ North America, Union Reach Labor Agreement

08 September 2017 - EVRAZ North America and unionized workers at its Regina, Sask., steel mill and its Calgary, Alta., welded tube mill have reached a tentative labor agreement, averting a strike that was set to begin Friday.

thyssenkrupp Shareholders Want a Tata Deal Done

08 September 2017 - thyssenkrupp shareholders would like to see the company combine its steel unit with Tata Steel’s European strip business by year’s end, reports the Reuters news service.

thyssenkrupp Finalizes Sale of Brazil Plant

07 September 2017 - thyssenkrupp has completed the sale of its CSA Siderúrgica do Atlântico mill in Brazil, bringing an official end to its North and South American steelmaking venture.

U. S. Steel Wins Tax Break on Tin Mill Improvement

07 September 2017 - United States Steel Corp.’s Midwest Plant in Portage, Ind., USA, has won a five-year tax abatement on upgrades it is making to the facility’s tin mill.

Mexican Cold Mill Damaged in Fire

07 September 2017 - A fire has damaged a cold mill at Altos Hornos de Mexico’s No. 2 steel works in Monclova.

United Steelworkers Prepare to Strike EVRAZ plant

06 September 2017 - Unionized workers at EVRAZ North America’s Regina, Sask., Canada, mill said they are prepared to walk off the job this week if they can’t come to terms on a new labor agreement.

Harsco Signs Contracts With Argentinian, Mexican Mills

06 September 2017 - Mill services contractor Harsco Corp. has signed multi-year deals worth approximately US$50 million with two Latin American steelmakers.

California Wants to Rebrand Vocational Education — And Make It Better

01 September 2017 - In the U.S., workers with technical skills are in high demand, but in low numbers.

Commercial Metals Completes Divestment of Trading Unit

01 September 2017 - Commercial Metals Company has finalized the sale of its raw materials trading unit, CMC Cometals, the steelmaker has announced.

Danieli Receives Order for Four New Blast Furnaces

31 August 2017 - Danieli Corus has won a contract to build the primary end of a new steel mill in Vietnam.

SBQ Meltshop Returns to Service

31 August 2017 - Production has resumed at an Illinois meltshop after a breakout disrupted operations for slightly more than two weeks.

Construction of NLMK Oxide Recovery Plant Underway

30 August 2017 - Russia’s NLMK Group has begun construction of a RUB2.8 billion (US$47.8 million) waste oxide briquetting plant at its Lipetsk facility, the company said Wednesday.

JSW Steel Looks At Foreign Investments

29 August 2017 - India’s JSW Steel plans to grow capacity to 40 million metric tons and is eyeing acquisitions at home and abroad, reports the PTI news agency.

Hyundai Steel Signs Off On Caster Rebuild

28 August 2017 - Hyundai Steel Co. has signed the final acceptance certificate for a rebuilt 6-strand caster at the company’s Pohang plant in South Korea.

List of Potential Essar Steel Investors Grows

28 August 2017 - The list of potential suitors for India’s Essar Steel is growing, according to Indian financial news portal moneycontrol.com

German Official Tells thyssenkrupp to Consider Alternatives to Tata Steel Combination

25 August 2017 - Sigmar Gabriel, Germany’s Minister for Foreign Affairs, thinks thyssenkrupp ought to abandon plans to merge its steel division with Tata Steel’s European steel operations.

Big River Closes on US$1 Billion in Financing

24 August 2017 - Arkansas-based Big River Steel LLC has obtained more than US$1.2 billion in new financing, the company said Thursday.

Gerdau Appoints New CEO

24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.

Report: Two International Steelmakers Eyeing India's Essar Steel

23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.

Danieli to Equip Vietnamese Rebar Mill

23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province.