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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Tata, thyssenkrupp Leaders to Meet on Potential Steel Merger
05 July 2017 - thyssenkrupp chief executive Heinrich Hiesinger plans to meet with Tata Sons chairman Natarajan Chandrasekaran this month to see if the two companies can put together a deal on merging their European steel operations, according to the German business newspaper Handelsblatt.
Stelco Completes Sale and Exits Creditor Protection
03 July 2017 - U.S. investment firm Bedrock Industries has closed on its acquisition of Canada’s Stelco, officially bringing to an end a decade of United States Steel Corporation ownership and nearly three years of uncertainty under creditor protection.
AK Steel Acquiring Stamped Components Manufacturer
03 July 2017 - AK Steel is setting its sights downstream, announcing Monday that it is acquiring a Canadian tooling and stamped components manufacturer for US$360 million in cash.
Australian Steelmaker Starts Up Modified Furnace
03 July 2017 - Australia’s OneSteel has added a new sidewall injection system to an electric arc furnace at its Laverton mill in Melbourne.
Russian Pellet Plant Hits Its Stride
03 July 2017 - NLMK Group’s new pelletizing plant has reached a production milestone, producing its 3 millionth metric ton since its November start-up.
Charter Steel Contracts With Tenova for EAF Modification
30 June 2017 - Tenova Inc. has won a contract to retrofit a Wisconsin electric arc furnace with its Consteel metallic charging system, the equipment supplier has announced.
Danieli Wins Order for Caster Upgrade
30 June 2017 - The Steel Authority of India has awarded a contract to Danieli for improvements to a bloom caster at its Durgapur facility, the equipment supplier has announced.
Universal Stainless Says No to Merger Offer
29 June 2017 - Universal Stainless & Alloy Products Inc. has rejected an unsolicited merger offer from Synalloy Corp., saying that the proposed deal held no merit, the company said on Thursday.
Commercial Metals President Barbara Smith Adds CEO to Title
29 June 2017 - Commercial Metals Company is promoting its chief operating officer to the helm.
Commercial Metals Sees Third-Quarter Profits Rise
22 June 2017 - Stronger shipments of scrap and mill products helped advance Commercial Metals Company’s third-quarter profits, which rose to US$39.3 million, the company said Thursday.
Egyptian Rebar Producer Upgrades Rolling Mill Controls
22 June 2017 - Danieli Automation recently completed upgrades to a rolling mill control system at an Ezz Steel facility in Egypt.
Texas HBI Plant Passes Performance Tests
21 June 2017 - The world´s largest single-module hot briquetted iron plant successfully completed its performance-guarantee tests, reports the facility’s technology supplier.
To Survive, thyssenkrupp Turns Toward Another Business
21 June 2017 - Germany’s biggest steelmaker has a strategy that it hopes will allow it to succeed in a world awash in low-cost steel: make something other than steel.
JSW Steel's U.S. Operation Wins Conditional Approval to Upgrade Plate Mill
19 June 2017 - JSW Steel’s board has given the preliminary go-ahead to a plan to modernize the steelmaker’s plate mill at its Baytown, Texas, USA, facility, the company announced Monday.
South Korean Consortium Prevails in Bidding on Australian Steel, Iron Ore Producer
16 June 2017 - A consortium led by a South Korean private equity firm has been declared the preferred bidder for Australian iron ore miner and steelmaker Arrium, the company’s financial administrator has announced.
ArcelorMittal, Italy Reach Binding Agreement on ILVA Acquisition
16 June 2017 - ArcelorMittal and partner Marcegaglia said on Friday that they have reached a binding agreement with the Italian government on a plan to acquire ILVA.
Report: India's Central Bank Wants Essar Steel, 11 Others Ushered into Bankruptcy
16 June 2017 - India’s Essar Steel and Bhushan Steel reportedly are among 12 companies being recommended for bankruptcy by the country’s central bank, according to the Reuters news service.
NLMK Begins Trials on PCI-Equipped Blast Furnace
16 June 2017 - NLMK Group has initiated hot tests of a new pulverized coal-injection unit on the No. 6 blast furnace at its Lipetsk plant in Russia, the steelmaker has announced.
Cliffs Natural Resources Picks Site for HBI Plant
15 June 2017 - Iron ore miner Cliffs Natural Resources said it will invest US$700 million in a hot-briquetted iron plant close to the southwestern shore of Lake Erie.
Nucor Anticipates Softer Second-Quarter Profits
15 June 2017 - Nucor Corp. said it expects its second-quarter earnings to fall short of its first-quarter results as competitive pressure mitigates profits.
