.png?lang=en-US&ext=.png)
Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Judge OKs U. S. Steel's Divorce From Its Canadian Operation
12 October 2015 - A Canadian judge has approved the split between United States Steel Corporation and its Canadian subsidiary, U. S. Steel Canada Inc. (USSC).
Analyst: Despite Cost-Cutting Measures, Steel Works Unlikely to Remain Open
09 October 2015 - Wage freezes and layoffs will delay, but likely won’t prevent, the eventual closure of BlueScope Steel Ltd.’s Port Kembla works, according to a Deutsche Bank analyst.
ArcelorMittal Plans Upgrades to Canadian Bar Mill
09 October 2015 - ArcelorMittal Montreal will spend CA$27 million to update the finishing line at its Longueuil bar mill, boosting the mill's capacity by 25%, the company has announced.
U. S. Steel Canada May Be Split From American Parent
08 October 2015 - U. S. Steel Canada Inc. (USSC) may once again become an independent business, if an Ontario court approves an agreement on the future of the former Stelco operation.
New BOF Put Into Service at JSW Steel Works
08 October 2015 - India’s JSW Steel Ltd. has installed a new basic oxygen furnace (LD) at its Vijayanagar works in Toranagallu, Karnataka, according to the contractor on the project.
Unions Agree to Wage Freeze, Job Cuts at Australian Steel Works
08 October 2015 - Employees at an Australian steel works have accepted concessions in a bid to keep the operation afloat.
ArcelorMittal Transferring Algerian Operations to State-Owned Company
07 October 2015 - The world’s largest steelmaker is exiting Algeria and handing over its shares in steel mills and mines there to the Algerian government.
U. S. Steel Considers Idling Flat Rolled Plant
07 October 2015 - United States Steel Corporation is thinking about consolidating its North American flat rolled division and has given notice that it may temporarily idle its Granite City Works in Illinois, according to reports.
U. S. Steel Canada Can’t Afford Pension Contributions, Court Monitor Says
06 October 2015 - The court-appointed monitor in U. S. Steel Canada's (USSC) creditor protection case is supporting the company's request to halt pension plan contributions and retiree benefits, but is opposing parent United States Steel Corporation's request to cease providing ministrative and support services for the company.
Thailand’s SSI Enters Bankruptcy, Liquidates British Steel Works
06 October 2015 - Thailand's top steelmaker has declared bankruptcy as it liquidates its U.K. steel division.
ATI Completes Repairs to Key Piece of Equipment
01 October 2015 - Allegheny Technologies Inc. has completed repairs to the rotary crop shear at its hot rolling and processing facility and put it back rolling stainless coils, the company has announced.
Australian Steelmaker Seeking AUD100 Million in Cost Cuts
01 October 2015 - Australia’s Arrium Ltd. is planning to cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save AUD 100 million as the company moves forward with the sale of its mining consumables business, reports The Sydney Morning Herald.
Russia’s NLMK Upgrades Italian Plate Mill
01 October 2015 - NLMK has completed a round of upgrades to the press at its Verona, Italy, plate mill, the company has announced.
Union: Discussions Over U. S. Steel Canada's Future Ongoing
30 September 2015 - Mediated talks between United States Steel Corporation , the United Steelworkers union and others over the future of its Canadian operations are continuing behind closed doors, according to The Canadian Press news service.
U.S. Producers Seeking Protection for Welded Stainless Pressure Pipe
30 September 2015 - American producers of welded stainless pressure pipe are accusing their Indian counterparts of dumping products, thereby impacting volume, pricing and profits.
Stainless Steel Manufacturer Sells Stake in Tube Business
30 September 2015 - Outokumpu is divesting its stake in its Mexican stainless tube joint venture for US$63 million and will use the proceeds to pay down debt, the company has announced.
Larger Overseas Investments May Be in Nippon Steel’s Future
29 September 2015 - Tokyo-based Nippon Steel & Sumitomo Metal Corp. has an eye out for merger and acquisition opportunities as it looks to expand its global customer base, company president Kosei Shindo told Reuters during an interview.
Gerdau Supplying Long Steel for US$1 Billion Airport Expansion
29 September 2015 - Gerdau is filling an order for 16,500 tons of rebar and structural steel that's being used to expand a U.S. airport.
ArcelorMittal to Spend EUR100 Million on Coke Oven Rebuild
28 September 2015 - ArcelorMittal will spend EUR100 million to rebuild two coke oven batteries at a Spanish steel works, ensuring compliance with environmental laws, the company has announced.
Tata Steel Mothballs Galvanizing Line at Welsh Mill
28 September 2015 - Tata Steel is idling one of two hot-dipped galvanizing lines at its coil coatings mill in Shotton, North Wales, according to the Daily Post newspaper.
