Steel News

U.K. Mill In Debt, Faces Uncertain Future

15 September 2015 - One of the United Kingdom’s largest steel mills is in financial peril, having missed a series of loan repayments to its banks, according to The Telegraph newspaper.

Steelworkers Union Takes a Break From U. S. Steel Negotiations

15 September 2015 - The United Steelworkers union said its bargaining committee is pausing negotiations with United States Steel Corporation as committee members return home to meet with the rank-and-file.

Steel Dynamics Expands Structurals Business Through Acquisition

15 September 2015 - Steel Dynamics Inc. (SDI) is acquiring three steel decking production facilities for US$45 million, allowing it to add to its product offerings and to expand its reach into the southwestern and western U.S. markets, the company has announced.

EVRAZ North America Names New CFO

15 September 2015 - A financial executive at a fertilizer and seed producer has been named the CFO for EVRAZ North America, the company has announced.

To Protect Domestic Producers, India Imposes Hefty Duty on Hot Rolled Imports

14 September 2015 - The Indian government has imposed a temporary 20-percent duty on certain imported steel products, according to Reuters.

ArcelorMittal Fulfills Order for New Grade of Sheet Piling

14 September 2015 - ArcelorMittal has delivered 3,200 metric tons of a new steel to a Scottish seaport project, its largest shipment yet, the company has announced.

Steelworkers' Latest Contract Proposals Find No Footing

14 September 2015 - ArcelorMittal negotiators walked away from the bargaining table on 11 September, and representatives of the United Steelworkers union are returning home to discuss the situation with the rank-and-file.

Steelworkers Moving to Block U. S. Steel Production Change

11 September 2015 - The United Steelworkers union said it will try to prevent United States Steel Corporation from shifting some production from its Canadian operations to its American mills.

AK Steel: U.S. ITC Decision an “Important First Step” in Cold Rolled Trade Case

11 September 2015 - AK Steel Corp. said it applauds the U.S. International Trade Commission for agreeing to pursue an investigation into cold-rolled steel imports.

U.S. Trade Commission Proceeding With Import Investigation Into Cold Rolled Flat Products

10 September 2015 - The U.S. International Trade Commission has agreed to proceed with a trade investigation into cold rolled flat products from seven countries, including China, concluding that there is a reasonable indication of harm to domestic producers.

Tata Steel Reaches Milestone In Development Of New Steel Works

10 September 2015 - Tata Steel has reached a milestone in the development of its Kalinganagar steel works – the coke ovens have been placed into the production.

Nucor Builds On Relationship With Software Developer

10 September 2015 - Nucor Corp. has renewed an agreement with a computer modeling software firm and plans to expand the use of the firm’s products within its ranks.

Gas Driller Successfully Employs New U. S. Steel OCTG Connection

09 September 2015 - U. S. Steel Tubular Products’ new casing connection has been successfully used in a southwestern Pennsylvania shale-gas well, the company has announced.

Paychecks Stop for Locked Out ATI Workers

08 September 2015 - The lockout at specialty steelmaker Allegheny Technologies Inc. (ATI) is entering its fourth week, and the paychecks for roughly 2,200 members of the United Steelworkers union have stopped coming, according to reports.

Mechel Signs Long-Term Coal Deal With Asian Steelmaker

03 September 2015 - Russian coal and steel producer Mechel OAO has signed a long-term agreement to provide metallurgical coal to a Japanese steelmaker, the company has announced.

Nucor Names New Board Director

02 September 2015 - A former aviation executive has been appointed to Nucor Corp.'s board of directors, the Charlotte, N.C, USA, steelmaker has announced.

To Protect Steelworks, Australian Union Willing To Discuss Concessions

02 September 2015 - The Australian Workers' Union says it will support BlueScope Steel's effort to cut costs in order to preserve the remaining blast furnace at the company's Port Kembla steelworks, reports The Sydney Morning Herald.

Russian Coal and Steel Producer Refinances Nearly US$2 Billion in Debt

01 September 2015 - Russian mining and metals company Mechel OAO has restructured nearly US$2 billion worth of loans with Gazprombank, the company has announced.

ArcelorMittal South Africa To Close Facilities, Lay Off 400

31 August 2015 - ArcelorMittal South Africa is planning to close parts of one steel works and has begun studying whether to restructure another, the company said in a statement.

BlueScope Port Kembla Works Being Set Up For Failure, Union Says

31 August 2015 - The Australian Workers’ Union is calling an on-site meeting at BlueScope Steel’s Port Kembla works this week to figure out a way to save the operation, reports The Sydney Morning Herald.