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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
Striking Workers Halt Production at Mexican Plant
07 March 2016 - Unionized workers at ArcelorMittal’s Lazaro Cardenas steel works in Mexico have walked off the job, saying that the company has violated their collective bargaining agreement.
NLMK Announces 2018 Blast Furnace Rebuild
04 March 2016 - Russia’s NLMK said it will spend US$104.4 million (RUB 7.5 billion) to rebuild the No. 6 blast furnace at its Lipetsk works.
Insteel Industries Appoints New Director
02 March 2016 - A longtime North Star Steel manager and executive will be joining the board of wire reinforcing products maker Insteel Industries Inc., the company has announced.
United Steelworkers Union Accepts Allegheny Technologies Labor Agreement
02 March 2016 - By more than a 5-to-1 margin, members of the United Steelworkers union ratified a new labor deal with specialty metals producer Allegheny Technologies Inc., ending a lockout that began in August.
Judge Confirms U.S. Steel Debt Claims Against Former Canadian Subsidiary
01 March 2016 - An Ontario judge has sided with United States Steel Corporation, agreeing that the steelmaker is indeed owed more than $2.2 billion from its former Canadian subsidiary, U. S. Steel Canada (USSC).
Thyssenkrupp Reveals Plans for New Auto Components Plant
01 March 2016 - thyssenkrupp plans to invest EUR100 million in a new automotive components plant in Hungary, the company has announced.
U. S. Steel Pulls Out of Mill Site Redevelopment Project
01 March 2016 - In November, United States Steel Corporation announced that it was withdrawing from plans to build a new headquarters in Pittsburgh, Pa., USA. Now, three months later, it’s backing away from a deal to redevelop an old mill site along Lake Michigan.
Grupo Simec Profits Fall 25% in 2015
29 February 2016 - Mexican SBQ producer said its 2015 profits declined 25 percent due to weaker steel prices, declining shipments and higher taxes.
ATI Labor Deal Includes Profit-Sharing Plan and Health Insurance Contribution
29 February 2016 - Unionized workers at specialty steelmaker Allegheny Technologies Inc. will have to pay more for their health insurance but could share in the company’s profits, under the terms of a tentative, four-year labor deal, reports the (Pittsburgh) Tribune-Review newspaper.
Nucor CEO Skeptical That China Will Cut Excess Steelmaking Capacity
26 February 2016 - Unfairly traded imports, along with low oil and gas prices, have “wiped out” energy sector demand for the types of steel grades made at Nucor Steel Gallatin, Nucor Corp. chairman and CEO John Ferriola said earlier this week.
ArcelorMittal Shutters Indiana Aluminizing Line
26 February 2016 - ArcelorMittal has closed the No. 1 aluminizing line at its Indiana Harbor West plant in Indiana and is shifting production elsewhere, according to reports.
Gerdau Attorney: 'There Was No Tax Evasion'
26 February 2016 - Federal authorities questioned Gerdau SA chief executive André Gerdau Johannpeter for about two hours Thursday as part of an investigation into a suspected tax evasion scheme, The Wall Street Journal reported.
Police Search Gerdau Offices; CEO Summoned for Questioning in Widening Tax Evasion Probe
25 February 2016 - Brazilian federal police have raided Gerdau SA headquarters and other offices in the country and summoned chief executive Andre Gerdau Johannpeter to testify as part of an investigation into a bribery and tax dodging scheme, according to reports.
Steelmaker Taps Primetals for New Ladle Furnace
25 February 2016 - Russia’s Severstal has ordered a new twin-ladle furnace for its Cherepovets steel works, according to the vendor on the project.
Tata Steel Europe's Chief Executive Departs for Another Position
25 February 2016 - Tata Steel Europe, which is in the midst of talks to sell its long products business, now finds itself undergoing a leadership change.
Ford Engineer Named to U. S. Steel Board
25 February 2016 - A retired Ford Motor Co. executive has been elected to United States Steel Corporation's board of directors, the company has announced.
Brazilian Specialty Steelmaker Fires Up New EAF
23 February 2016 - Brazil’s Villares Metals has signed the final acceptance certificate for a 25-ton electric arc furnace at its mill in Sumare, Sao Paulo, according to the vendor on the project.
Report: Tata Steel Preparing to Restructure India Operations
23 February 2016 - India’s Tata Steel is planning to restructure its domestic operations in a bid to cut costs and boost productivity, reports The Economic Times.
Allegheny Technologies, United Steelworkers Shake Hands on Tentative Labor Deal
23 February 2016 - Union negotiators have reached a tentative, four-year agreement with specialty steelmaker Allegheny Technologies Inc., the United Steelworkers union and the company have announced.
Two JSW Steel Blast Furnaces Returned to Service
22 February 2016 - India’s JSW Steel has re-commissioned two idled blast furnaces and is preparing to relight a third, according to reports.
