Steel News

Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving

03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.

Metals Trader Announces Plans to Expand U.K. Mill

31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.

Severstal Plans Pickling Line Upgrade

31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.

ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement

31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.

Trade Commission Moves Forward on U.S. Steel Corp. Complaint

27 May 2016 - The U.S. International Trade Commission will pursue United States Steel Corporation’s Section 337 trade complaint against the largest of Chinese steel producers, the commission has announced.

Dubai Steelmaker's Rebar Wins Standards Certification

27 May 2016 - The Dubai Central Laboratory has awarded a standards certification to a nanocrystalline rebar being manufactured by United Arab Emirates-based Star Steel International.

Automaker Picks ArcelorMittal for New Supplier Program

27 May 2016 - A German automaker has chosen ArcelorMittal to participate in a new vehicle-development program designed to quicken innovation and to help it meet the needs of a global market.

New Cooling Stack On Order for Pilot Process Plant

24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.

Steel Industry Urged to Embrace Innovation, and Quickly

17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.

Rainfall Hampers Start of Work on New Mill

17 May 2016 - Construction on Commercial Metals Company’s new micro-mill in Oklahoma is off to a soggy start.

Japan's No. 1 Steelmaker Strikes Deal to Buy Out Its No. 4 Rival

16 May 2016 - Japan’s largest steelmaker is acquiring a majority stake in the country’s fourth-largest producer, Nisshin Steel Co., as a defense against the supply glut, reports The Japan Times.

Producers, Buyers Ask U.S. Trade Commission to Quash U.S. Steel Complaint

15 May 2016 - China’s second-largest steelmaker – and some U.S. buyers – have told the U.S. International Trade Commission that it should reject United States Steel Corporation’s petition to bar imports of Chinese-made steel from entering the country, according to reports.

(UPDATE) Nucor to Open New Joist, Decking Facility in Canada

15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.

Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business

11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.

ArcelorMittal Gives Electrical Simulator Access to its Electrical Steel Data

10 May 2016 - ArcelorMittal has agreed to share material data about its electrical steels with a simulation software designer, the steelmaker announced on Tuesday.

Explosion Causes US$5 Million in Damage to Ohio Mill

10 May 2016 - North Star BlueScope Steel is continuing to produce steel following a weekend explosion and fire at its Ohio, USA, sheet mill.

Two Teams Vying for Tata Steel's U.K. Business

09 May 2016 - The deadline to submit preliminary offers for Tata Steel's U.K. division has passed, and details of the two investment teams looking to buy the operation have emerged.

ArcelorMittal Sees Another Quarter in the Red

06 May 2016 - The world's largest steelmaker posted another unprofitable quarter on Friday, recording a net loss of US$416 million due to low steel prices.

Jindal Steel Plans to Pay Down Debt Through Mill, Mine Sales

04 May 2016 - India’s Jindal Steel and Power is hoping to sell more steel and coal assets as a way to cut its US$6.91 billion in debt, according to the Reuters news service.

Newly Acquired Long Products Business Names Three to Executive Team

04 May 2016 - Black Diamond Capital Management, the private equity firm that acquired much of ArcelorMittal’s U.S. long carbon business earlier this year, is assembling its new executive team and has appointed industry veteran Robert Simon to its helm.