Steel News

SSAB to Revamp Tube Operations

05 October 2018 - SSAB Europe will close one tube mill and upgrade another as part of a plan to reposition its tube business, the company said on Friday.

USW Members Approve Labor Contract at Universal Stainless Mill

05 October 2018 - Hourly employees at Universal Stainless & Alloy Products Inc.’s Bridgeville, Pa., USA, mill have ratified a new labor agreement, the steelmaker has announced.

Nucor Retrofits Overhead Cranes with Emergency Brakes

05 October 2018 - Industrial brake manufacturer Pintsch Bubenzer recently has received several orders from Nucor Corp. for retrofit emergency brakes on electric overhead traveling cranes, the company has said.

Swedish JV Picks Tenova Technology for Planned Hydrogen-Based DRI Plant

03 October 2018 - A joint venture that is building a pilot-scale, hydrogen-based steel mill has selected Tenova to supply key components for the facility’s direct-reduction plant.

ArcelorMittal Gives Financial Boost to Canadian University's Mining Research

03 October 2018 - Canada’s McGill University has received a CA$360,000 commitment from ArcelorMittal to fund mining and materials engineering research.

thyssenkrupp Announces Plans to Split into Two

02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods.

Tata Steel Hopes to Boost Production at Former Bhushan Steel Plant

02 October 2018 - Tata Steel is aiming to lift the capacity utilization of a newly acquired integrated sheet mill by at least 14% over the next six months.

Primetals Technologies Wins Contract for SBQ Mill Upgrades

27 September 2018 - Gerdau Special Steel North America has chosen Primetals Technologies to modernize the electric arc furnace at the steelmaker’s plant in Monroe, Mich., USA, and install a new twin-ladle furnace there.

Metals Executive to Lead SSAB Special Steel Division

27 September 2018 - SSAB has named a new director for its special steel unit, hiring away the chief executive of tool steelmaker Uddeholm AB.

JSW Steel Sites Proposed Mill in India

27 September 2018 - The Indian state of Odisha has allotted roughly 2,900 acres of land to JSW Steel for a proposed steel plant, reports the The Times of India newspaper.

Tata Expands Capacity With Usha Martin Acquisition

24 September 2018 - Indian wire rope manufacturer Usha Martin Ltd. is divesting its special steel plant and other upstream assets to Tata Steel for the equivalent of between US$589.6 million and US$644.5 million, the company has announced.

Steelworkers Report a Bit of Progress in U. S. Steel Labor Negotiations

24 September 2018 - The United Steelworkers union said it has made some progress in its contract negotiations with United States Steel Corporation and will remain at the bargaining table, for the time being.

Name That Steel, and You Could Win This Valuable Prize

20 September 2018 - SSAB and Sandvik Materials Technology have asked for the research community’s help in developing a way to track steel products as they move through the value chain, from the mill to end product.

Salzgitter Plate Mill Marks the Start of Work on New Processing Line

19 September 2018 - Salzgitter AG subsidiary Ilsenburger Grobblech GmbH has broken ground on a EUR150 million heat treat line, marking the start of a project that Salzgitter says is the single largest investment in the heavy plate mill’s history.

ArcelorMittal Employees Vote to Authorize Strike

19 September 2018 - United Steelworkers members have authorized union leaders to call a strike against ArcelorMittal USA, if they deem one necessary.

Nucor, Steel Dynamics Expect Q3 Earnings Growth

18 September 2018 - Nucor Corp. and Steel Dynamics Inc. are forecasting higher third-quarter earnings on continued strength in demand, the steelmakers have said.

Steel Dynamics Takes the Keys to Closed Bar Mill, Eyes November Restart

18 September 2018 - Steel Dynamics Inc. has finalized its acquisition of shuttered Kentucky Electric Steel for US$5 million and plans to reopen the facility in November.

British Steel Announces Layoffs

14 September 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth.

ArcelorMittal Plant Re-Signs Harsco for Mill Services

14 September 2018 - Mill contractor Harsco Corp. has signed a 10-year contract renewal with ArcelorMittal Tubarão in Brazil, the company announced Thursday.

U. S. Steel Lays Revised USW Offer on the Table

12 September 2018 - United States Steel Corporation has made a revised offer to the United Steelworkers union, saying it is now proposing to incrementally increase base wages by 14% over the life of the deal.