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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
Report: U.K. Steelmaker Eyes Up Pennsylvania Wire Processor
05 November 2018 - British Steel is said to be looking at buying Pennsylvania’s Johnstown Wire Technologies, the (London) Financial Times reports.
Steelworkers Announce Tentative Agreement with ArcelorMittal
02 November 2018 - The United Steelworkers union has reached a tentative labor agreement with ArcelorMittal USA, the union said on Friday.
Liberty House Expands Roster of Mills Yet Again
02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.
Salzgitter Sets Partnership to Produce Green Hydrogen
01 November 2018 - Salzgitter has signed a cooperation agreement with two other businesses to build a wind-powered hydrogen electrolysis plant.
ArcelorMittal Takes Control of One of EU’s Largest Steel Works
01 November 2018 - ArcelorMittal has finalized its deal to acquire Italy’s ILVA S.p.A., giving it control of the European Union’s largest steel works.
SSAB Looks to Increase Q&T Capacity Through US$110M Project
01 November 2018 - Swedish steelmaker SSAB said it plans to invest the equivalent of around US$110 million in its Mobile, Ala., USA, plant and increase capacity to make quenched-and-tempered (Q&T) steels and other products.
Steelworkers Begin Considering U. S. Steel Contract
30 October 2018 - The United Steelworkers union has mailed ballots to its U. S. Steel members who are deciding whether to ratify the union’s tentative labor agreement with the integrated steelmaker, reports The Times newspaper of northwest Indiana.
European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal
30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.
U.S. Rebar Maker Slates Mill Upgrade
30 October 2018 - The operator of a Texas bar mill has turned to Primetals Technologies to upgrade the mill’s packaging end.
Essar Steel Creditors Give Nod to ArcelorMittal Offer
30 October 2018 - Essar Steel India Ltd.’s creditors have named ArcelorMittal as the successful bidder for the debt-laden business, accepting its US$6.8 billion offer.
In Surprise Move, Essar Steel Promoters Offer to Repay Lenders and Halt Bankruptcy Sale
25 October 2018 - India’s Ruia family, which promotes Essar Steel India Ltd., have made a last-ditch effort to reclaim the bankrupt business, offering to pay off the equivalent of US$7.4 billion, just as creditors were to vote on a bid from ArcelorMittal.
EVRAZ Eyes Expansion of U.S. Rail Capabilities
25 October 2018 - EVRAZ North America is weighing construction of a new US$480 million rail mill at its Rocky Mountain Steel facility in Pueblo, Colo., the company has announced.
SSAB Adds to Roster of Steel Products
25 October 2018 - Specialty steel producer SSAB has added a new type of steel to its product mix, one that it says is geared for product manufacturers that have stamping, punching, slitting and complicate die forming operations in its production lines.
NLMK USA Strikes Up Conversion Agreement With Nearby Steel Producer
25 October 2018 - Stainless and specialty alloys producer Allegheny Technologies Inc. (ATI) is beginning to roll carbon steel slab for another steelmaker under a newly signed conversion agreement.
Nucor, SDI Report Hefty Q3 Profits
18 October 2018 - America’s two biggest electric arc furnace producers each saw third-quarter profits rise on higher prices and shipments, they reported on Thursday.
Report: U. S. Steel Union Employees in Line for Raises
17 October 2018 - Union employees at United States Steel Corporation will see their wages cumulatively increase 14% over the next four years if they ratify a tentative labor agreement, the Reuters news service reports.
To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt
17 October 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.
U. S. Steel, USW Agree on Four-Year Labor Deal
16 October 2018 - United States Steel Corporation and the United Steelworkers union have reached a tentative, four-year labor agreement, the union and the steelmaker have announced.
Liberty House Adds Four European Steel Plants to Growing List of Assets
12 October 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually.
U.S. Energy Department Awards US$1.2M Research Grant to AK Steel
11 October 2018 - AK Steel Corp. has won a US$1.2 million federal grant that will support research into new low-density steels that in the future could provide automakers with another option for lightweighting materials.
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