Steel News

This Mill Once Faced Permanent Closure. Now It’s Growing.

08 August 2018 - A Scottish plate mill that was rescued from closure by Sanjeev Gupta's Liberty Steel is now on track to produce more than 120,000 metric tons this year, and even more in the following year, reports The Scotsman newspaper.

Steelworkers Approve New Labor Deal At Ohio Mill

06 August 2018 - A United Steelworkers local has ratified a six-year labor agreement with Pennsylvania-based Universal Stainless & Alloy Products Inc., the company said Monday.

Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company

02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump.

Third-Gen Automotive Steels Have Arrived

02 August 2018 - Third-generation steels that are at once strong and formable are now being sold into the automotive market and can readily substitute components made from earlier advanced steels with lower tensile strengths, reports Repairer Driven News.

Severstal Plans Stamp Charged Coke Plant

30 July 2018 - Coke oven and blast furnace specialist Paul Wurth has won a contract to build two stamp-charged coke batteries for Severstal’s Cherepovets steel works in Russia, the company has announced.

ArcelorMittal Makes 'Take It or Leave It' Offer for ILVA

30 July 2018 - ArcelorMittal has upped its offer for Italy’s ILVA after the country’s new government began pushing for a better deal, reports commodities news and pricing service Argus Media.

Trump: 'The Days of Plundering American Jobs ... Are Over'

27 July 2018 - In his effort to prop up American steelmaking, President Donald Trump has pointed to United States Steel Corporation and the restart of its Granite City blast furnaces as an example of his trade policy success.

SMS group to Build Meltshop for New Austrian Mill

27 July 2018 - SMS group has been chosen to outfit the meltshop at a planned special steel plant in Austria, the equipment supplier said on Friday.

Italian Government Launches Examination of Ilva Bidding

25 July 2018 - The Italian government has opened a review into the bidding process for Ilva and could potentially rescind its agreement to sell the business to ArcelorMittal, reports Kallanish Commodities.

Steel Dynamics Working on Deal for Idled Mill in Kentucky

24 July 2018 - Steel Dynamics Inc. is planning to acquire a shuttered bar mill in Kentucky, chief executive Mark Millett said Tuesday.

Steelworkers, ArcelorMittal Get to Work on New Contract

24 July 2018 - Despite the overall health of the steel industry, the United Steelworkers union and ArcelorMittal USA appear to have some difficult bargaining sessions ahead of them as they begin work on a new labor contract, reports The Times newspaper of northwest Indiana.

Steelmaker Places Order for Unmanned Crane System

23 July 2018 - POSCO ICT, the IT and engineering subsidiary of South Korean steelmaker POSCO, has signed an agreement to supply an autonomous crane system to a Chinese steel plant.

USW Kicks Off Contract Negotiations with U. S. Steel, ArcelorMittal

11 July 2018 - The United Steelworkers union has opened labor negotiations with United States Steel Corporation and ArcelorMittal USA, beginning the work to replace contracts that expire 1 September.

Adjusting Strategy, JSW Steel Goes on the Hunt for Niche Producers

11 July 2018 - Having lost the bidding for several distressed assets, India’s JSW Steel is adjusting its acquisitions strategy and will look for smaller, niche producers, according to the Reuters news service.

SeAH Returns Upgraded Converter to Service

11 July 2018 - South Korean stainless producer SěAH CSS has completed upgrades to the 100-ton converter at its Changwon mill, according to the contractor on the project.

thyssenkrupp CEO Tenders Resignation

05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down.

Big River Decides to Expand Arkansas Mill, Considers Additional Automotive Sheet Investment

02 July 2018 - Big River Steel has decided to double down on its investment in Arkansas and expand its existing facility to 3.3 million tons annually. Meanwhile, it separately is considering whether to build an advanced coating line, the company has announced.