Steel News

A Steel Works Opens in India, and Another On the Way

02 June 2017 - India’s JSW Steel has won approval from the state of Odisha to build a US$7.8 billion steel works, reports the Indian newswire IANS.

Danieli Corus Tapped for Blast Furnace Reline

01 June 2017 - Danieli Corus has a won a contract to reline the No. 5 blast furnace at Severstal’s Cherepovets plant in Russia, the company has announced.

Primetals Wins Contract for Caster Modernization Project

01 June 2017 - Brazil’s Companhia Siderúrgica Nacional has awarded Primetals Technologies a contract to overhaul one slab caster and modify two others at its Volta Redonda plant in Rio de Janeiro.

Special Steel Manufacturer Puts New Extrusion Press into Service

31 May 2017 - Less than 24 months after signing a contract for a new tube extrusion press, Korean special steel maker SeAH Changwon Integrated Special Steel has commissioned the equipment, the equipment supplier on the project has announced.

Two Submit Final Offers for Australian Steel Company

31 May 2017 - A steel producer and a private equity firm have submitted final bids for Australia’s Arrium Ltd., which collapsed into administration last year, according to the Reuters news agency.

Stelco Takes Another Step Toward Completing Sale

31 May 2017 - Members of the United Steelworkers union are getting their first look at tentative labor agreements between their locals and the investment firm looking to buy Canada’s Stelco, reports The Hamilton Spectator newspaper.

The World's Biggest Steelmaker May Win Europe's Largest Steel Works

30 May 2017 - ArcelorMittal and steel re-roller Marcegaglia have been named the preferred bidders for Italy’s ILVA steel works, reports the (London) Financial Times.

Stainless Manufacturer Sees Capacity Boost Through Converter Project

30 May 2017 - Slovenian Steel Group’s Acroni facility has started up an EUR30 million argon-oxygen converter and de-dusting system, the equipment supplier on the project has announced.

Chinese Steelmaker Puts Danieli Bar Peeler on Order

30 May 2017 - China’s Baoshan Iron & Steel Co Ltd. has ordered a Danieli Centro Maskin bar peeler, the equipment supplier has announced.

Steel Dynamics' Co-Founder Recognized for Steel Industry Contributions

26 May 2017 - Steel Dynamics Inc. (SDI) co-founder Richard P. Teets has received the Steel Manufacturers Association’s Iverson-Selig Award in recognition of his decades of service and contributions to the electric arc furnace industry.

Nucor Reveals Plans for North America's Widest Galvanizing Line

26 May 2017 - Nucor Corp. said it will invest US$176 million in a new galvanizing and pickling line at its Ghent, Ky., USA, sheet mill, adding 500,000 tons of capacity.

Tsubaki Subsidiary Acquires Canadian Sprocket Manufacturer

26 May 2017 - U.S. Tsubaki Power Transmission LLC has announced that Tsubaki of Canada Ltd. has acquired a British Columbia-based maker of sprockets and drive components.

Lincoln Electric Names New Head of International Welding Division

26 May 2017 - Welding equipment and supplies maker Lincoln Electric Holdings Inc. has promoted Steven B. Hedlund to executive vice president and named him president of its international welding division.

Linde, Praxair Reach Outline Agreement on Merger

24 May 2017 - U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.

New Cold Mill Put Into Service at Vietnamese Steel Plant

23 May 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has started up a new Compact Cold Mill from SMS group, the equipment supplier has announced.

Danieli Wins Order for Sampling Robots

22 May 2017 - Nucor-Yamato Steel Co. has ordered two robotic samplers to serve the ladle furnaces at the company’s facility in Blytheville, Ark., USA.

India Now Is World's Second-Biggest Producer of Stainless Steel

22 May 2017 - Global stainless steel production rose 10.2% in 2016 to a record 45.8 million metric tons, according to data released by the International Stainless Steel Forum.

POSCO Looks to Create 'One-Stop Shop' For Components Verification With New Lab

19 May 2017 - South Korea-based POSCO has cut the ribbon a new components-forming laboratory at is global research and development center in Songdo.

Nucor Bar Mill Puts New Reheat Furnace on Order

19 May 2017 - Nucor Corp. has ordered a reheat furnace from SMS group as part of a US$85 million upgrade to its Ohio bar mill.

KOCKS Receives Order for SBQ Mill Equipment

18 May 2017 - Friedrich KOCKS GmbH & Co KG has won an order for a 4-stand reducing and sizing block from China’s Maanshan Iron & Steel Co. Ltd., the equipment supplier has announced.