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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
voestalpine CEO: China Plant Construction Might Be Delayed
26 August 2015 - Austria's voestalpine might be hitting the pause button on plans to build a specialty steel mill in China, although it remains interested in expanding operations there, according to a Reuters interview with CEO Wolfgang Eder.
With Import Protections In The Offing, SAIL Considers Price Hike
26 August 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.
Tata Steel Halting Production at U.K. Strip Mill; 250 Jobs To Be Lost
26 August 2015 - Tata Steel's U.K. strip steel division is idling parts of a Welsh mill, blaming a surge of unfairly traded imports.
China Moves Forward On Second Round Of Construction on Steel Works
25 August 2015 - In spite of lower demand and ample supply, China has begun the second phase of construction on a large, coastal mill in northern Hebei province, according to Reuters.
Report: Plant Fire Appears To Be Accidental
25 August 2015 - A large fire that broke out at an idled Japanese mill on 24 August may have been caused by workers who were using gas burners to dismantle the facility, reports Singapore’s The Straits Times newspaper.
U. S. Steel Corp. Moving Non-Union Employees To Defined Contribution Retirement Plans
24 August 2015 - United States Steel Corp. is freezing pension benefits for non-union employees and intends to move them onto a 401(k) plan, the Pittsburgh Business Times reports.
SSI's UK Slab Mill Faces Uncertain Future, Executive Says
24 August 2015 - Falling demand and prices have plunged the future of SSI UK Ltd.’s integrated slab mill in Teesside, England, into doubt, an executive at the company has warned.
Firefighters Summoned to Blaze At Japanese Steel Plant
24 August 2015 - A large fire broke out at an idled steel pipe plant in Kawasaki City, Japan, on 24 August, according to news reports.
BlueScope Steel To Lay Off Workers, Mulls Plant Shutdowns
24 August 2015 - Against the backdrop of plummeting steel prices, Australia's BlueScope Steel Ltd. has undertaken a review of its Australian and New Zealand plants and may wind up shuttering them, according to The Wall Street Journal.
BlueScope Steel Chairman To Retire in November
21 August 2015 - The chairman of Australia's BlueScope Steel Ltd. is retiring and will step down from the company's board before the end of the year, the company has announced.
Indian Ferrochrome Joint Venture Merges With Sponsor
21 August 2015 - The board of directors at India's VISA Steel Ltd. has approved a deal in which the company will fold a joint venture business with China's Baosteel Resources Co. Ltd. into itself, the company said in a press release.
Steel Processor Pushes Back Plant Closure
21 August 2015 - Cold-finished steel bar manufacturer Niagara LaSalle Corp. has postponed the closure of its Buffalo, N.Y., USA, facility until the end of August.
Big River Steel Names New Chairman, CEO
20 August 2015 - Big River Steel, the new company building a US$1.3 billion mill in Arkansas, has named a new board chairman and appointed a new CEO following the sudden death of founder John Correnti, who held both of those positions. It also has named a new board director, the company has announced.
Judge Declines To Carve Out Objections To U. S. Steel Debt Claims In Creditor Protection Case
20 August 2015 - United States Steel Corp.'s Canadian operation, U. S. Steel Canada, has been under creditor protection since September 2014. Its largest creditor? U. S. Steel, which says it is owed more than US$2.2 billion.
Funeral Arrangements Set For Big River Steel CEO John Correnti
20 August 2015 - Funeral arrangements for Big River Steel CEO John Correnti, who died suddenly on 18 August, have been announced.
Troubled South African Steelmaker Selling Iron Ore Mine
19 August 2015 - Integrated steelmaker Evraz Highveld Steel & Vanadium is selling its Mapochs iron ore mine, according to Mining Weekly.
UAE's Emirates Steel Wins Rebar Order for Power Plant Project
19 August 2015 - Rebar and structurals producer Emirates Steel is among the companies that are sharing in Dh9.15 billion worth of construction contracts for the United Arab Emirates' first nuclear power plant, according to The National newspaper.
Steel Industry Veteran Executive John Correnti Dies Suddenly
19 August 2015 - Steel industry leader and visionary John Correnti, who was instrumental in establishing several new steel mills in the U.S., died suddenly in Chicago on 18 August. He was 68.
Magnitogorsk Holding On To Stake In Iron Ore Producer
18 August 2015 - Russia's OAO Magnitogorsk Iron & Steel is going to wait for better days in the iron ore market before selling its piece of ore producer Fortescue Metals Group Ltd., according to BloombergBusiness.
Indian JV Inaugurates New TMT Bar Mill
18 August 2015 - The Steel Authority of India Ltd. in partnership with another company are opening a new mill capable of producing 100,000 tonnes annually of thermomechanically treated bar, India's The Economic Times reports.
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