Steel News

ArcelorMittal to Restart Idled Furnace, Announces Layoffs

05 August 2020 - ArcelorMittal is restarting an idled Indiana blast furnace as it repairs another unit damaged in a fire last month, reports The Times newspaper of northwest Indiana.

SDI Finalizes Mexican Scrap Acquisition

05 August 2020 - Steel Dynamics Inc. (SDI) has closed on its acquisition of Mexican scrap processor Zimmer S.A. de C.V., a deal that gives it control of 500,000 gross tons of ferrous and non-ferrous scrap annually.

Industry Veteran Tapped to Lead JSW Steel USA Mills

05 August 2020 - JSW Steel has named a veteran plant manager to lead its two U.S. mills, according to The Hindu Business Line newspaper.

Danieli Tapped for Slab Caster Improvement Project

30 July 2020 - Danieli has been contracted to extend a thin-slab caster at a Russian steel works, a project that will complement installation of a new meltshop, Danieli has announced.

Baosteel Gives Thumbs Up on New Dummy Bar System

30 July 2020 - Baosteel has given final acceptance of a new dummy bar feeding system installed on a caster at its Shanghai works, reports project contractor Primetals Technologies.

ArcelorMittal Reports Q2 Loss, but Sees Demand Starting to Rebound

30 July 2020 - ArcelorMittal lost US$559 million in the second quarter as the COVID-19 pandemic drove down steel demand around the world.

Tata Steel Tightens Embrace of Industry 4.0

30 July 2020 - Tata Steel is targeting EBITDA improvements totaling US$2 billion over the next several years by further adoption of Industry 4.0 technologies, the (India) Economic Times reports.

Vietnamese Steelmaker to Stop US$10 billion Project

28 July 2020 - The Hoa Sen Group is withdrawing from the US$10 billion Ca Na Steel Project, saying the proposed mill no longer fits with its growth strategy, reports The Saigon Times.

Tata Steel Scrap Facility Accepts First Deliveries

28 July 2020 - Tata Steel has planted a flag in the steel recycling business, with a new scrap facility accepting its delivery of ferrous material.

One Very Large Equipment Order Is Out for Delivery, Danieli Says

28 July 2020 - Danieli has shipped 3,000 metric tons of mill equipment to Kentucky, where it awaits installation at Nucor Corp.’s Gallatin sheet mill.

Nucor Relaunches Two Flat-Rolled Investments

28 July 2020 - Nucor Corp. is resuming work on two major capital projects that it paused earlier this year as the country shut down in response to the COVID-19 pandemic.

Improving Demand Prompts Indiana BF Restart

23 July 2020 - United States Steel Corporation plans to restart the No. 8 blast furnace at its Gary Works in Indiana next month, reports The Times newspaper of northwest Indiana.

Steel Dynamics Reports Q2 Profit

22 July 2020 - Despite the economic turmoil caused by the COVID-19 pandemic, Steel Dynamics Inc. (SDI) finished the second quarter in the black and expects demand to improve in the second half of the year, the steelmaker said Tuesday.

Construction on New Mill Proceeding Well, SDI Says

22 July 2020 - Steel Dynamics Inc. (SDI) is continuing to plan for a mid-2021 start of its new flat-rolled mill in Texas and is staffing up the facility. Speaking during the company’s second-quarter earnings call, SDI chief executive Mark Millett said construction is proceeding extremely well.

SAIL Announces Addition to Product Mix

22 July 2020 - The Steel Authority of India Ltd. (SAIL) has expanded its product know-how, producing for the first time a type of stainless steel that’s generally unavailable from domestic manufacturers.

Danieli Revamps Italian EAF

22 July 2020 - Italian long products maker Ferriere Nord has upgraded the electric arc furnace at its plant in Osoppo, according to project contractor Danieli.

Severstal Wraps Up Cold Mill Overhaul

20 July 2020 - PAO Severstal has rolled the first coil on a rebuilt tandem cold mill at its Cherepovets plant in northwest Russia, reports project contractor SMS group.

Tokyo Steel Plans Pickling Line Modernization

17 July 2020 - Electric arc furnace-based flats and longs producer Tokyo Steel Co. Ltd. has contracted Primetals Technologies to overhaul a continuous pickling line at its facility in Kurashiki City, Okayama Prefecture, Japan, Primetals Technologies has said.

MORE Announces Order for Lime Injection System

17 July 2020 - Electric arc furnace equipment specialist MORE S.r.l. has received an order from a Polish long products mill for a new sidewall lime injection system, the company reports.

Fire Knocks ArcelorMittal Blast Furnace Off-Line

16 July 2020 - ArcelorMittal is assessing the damage following a Thursday morning fire at its integrated Burns Harbor plant in Indiana.