Steel News

Gerdau Partners With SKF for Maintenance Services

06 December 2019 - Gerdau SA has signed a fee-based agreement with bearings and seals maker SKF for parts and remote maintenance services at two of its mills.

Hot Metal Production Resuming at Indiana Steel Works Following Flood

06 December 2019 - United States Steel Corporation has restarted two of its Gary, Ind., USA, blast furnaces after a flood knocked them off-line last week, reports commodities news and pricing service S&P Global Platts.

Carpenter Technology Cuts the Ribbon on Additive Manufacturing Center

06 December 2019 - Specialty alloys producer Carpenter Technology Corp. has opened a US$40 million, 500,000-square-foot additive manufacturing facility in Alabama, the company has announced.

Big River’s Texas Expansion Team Hires Economic Development Executive

05 December 2019 - The group that is exploring Big River Steel’s potential second mill has hired a former local government official and Congressional aide to assist in the effort.

SMS-Built Crimping Press Enters Service

05 December 2019 - voestalpine Tubulars has started up a new three-die crimping press on its cross piercing elongating line in Austria, according to machine builder SMS group.

Cleveland-Cliffs to Acquire AK Steel

03 December 2019 - Iron ore miner Cleveland-Cliffs Inc. is moving to vertically integrate and enter the steelmaking business, reaching a deal to acquire AK Steel Corp. for approximately US$1.1 billion in stock.

INTECO Bags Order for Nucor Vacuum Degasser

02 December 2019 - Austrian melting and casting specialist INTECO has won a contract to install a new vacuum degasser at a Nucor Corp. bar mill.

Gerdau Acquires Brazilian Mill

02 December 2019 - Gerdau S.A. has further expanded its reach in Brazil with the purchase a majority stake in Siderurgica Latino Americana S.A. (SILAT), the steelmaker announced last week.

Spooled Coil Production Begins at SDI Plant

02 December 2019 - A new billet welder and bar spooling line have entered service at Steel Dynamics Inc.’s Columbia City, Ind., USA, mill and are producing spooled coils of up to 5 tons in endless mode.

ArcelorMittal Mills Seek New Sustainability Credential

27 November 2019 - All of ArcelorMittal’s European flat-rolled facilities will begin working to obtain a new sustainability certification developed by ArcelorMittal and others, the company has announced.

ArcelorMittal to Re-Enter Talks on Ilva

25 November 2019 - ArcelorMittal has agreed to attempt to negotiate a solution for Ilva, one of Europe’s largest steel producers and Italy’s largest steel plant, according to reports.

Algoma Steel Commences Plate Mill Upgrade

25 November 2019 - Danieli has been selected to overhaul the 166-inch wide plate mill at Canada’s Algoma Steel Inc., the equipment supplier has announced.

Severstal Spends RUB1 Billion on Pipe Mill Modernization

25 November 2019 - Russian steelmaker Severstal has spent RUB1 billion (US$15.6 million) to modernize its Izhora large-diameter pipe mill.

North American Stainless Completes Steel Shop Upgrade

22 November 2019 - North American Stainless has issued the final acceptance certificate on a new torque retainer installed on the No. 1 AOD converter at its Ghent, Ky., USA, mill.

Leaning Into Market Headwinds, Tata Steel Europe Proposes Major Restructuring

19 November 2019 - Tata Steel Europe plans to eliminate up to 3,000 jobs and boost sales of higher-value steels part of a broad restructuring brought about by a soggy European market.

JFE Steel Forms Joint Venture With Chinese Bar Maker

19 November 2019 - JFE Steel is acquiring a 50% ownership stake in a Chinese special bar producer, giving it an additional foothold in China’s automotive market.

Report: ArcelorMittal Would Return to Ilva…But With Conditions

18 November 2019 - With a few conditions, ArcelorMittal reportedly would be willing to re-commit to its agreement to buy Italy’s Ilva and its Taranto works, according to the Reuters news service.

Salzgitter Selects Builder for Planned Electrolysis Plant

18 November 2019 - Salzgitter Flachstahl GmbH has contracted Siemens Gas and Power to build a 2.2 mW hydrogen plant that will fill all of the mill’s current demand for the gas.

Stelco Adding Merchant Pig Iron to Product Portfolio

18 November 2019 - Stelco plans to install a pig iron caster at its Lake Erie Works next year, giving it entry to the merchant pig business, the Canadian steelmaker has said.

India’s Supreme Court Clears Essar Acquisition

15 November 2019 - ArcelorMittal expects to soon plant a flag in India after the country’s Supreme Court paved the way for it complete its planned acquisition of Essar Steel India Ltd.