Steel News

Commercial Metals Completes Divestment of Trading Unit

01 September 2017 - Commercial Metals Company has finalized the sale of its raw materials trading unit, CMC Cometals, the steelmaker has announced.

Danieli Receives Order for Four New Blast Furnaces

31 August 2017 - Danieli Corus has won a contract to build the primary end of a new steel mill in Vietnam.

SBQ Meltshop Returns to Service

31 August 2017 - Production has resumed at an Illinois meltshop after a breakout disrupted operations for slightly more than two weeks.

Construction of NLMK Oxide Recovery Plant Underway

30 August 2017 - Russia’s NLMK Group has begun construction of a RUB2.8 billion (US$47.8 million) waste oxide briquetting plant at its Lipetsk facility, the company said Wednesday.

JSW Steel Looks At Foreign Investments

29 August 2017 - India’s JSW Steel plans to grow capacity to 40 million metric tons and is eyeing acquisitions at home and abroad, reports the PTI news agency.

Hyundai Steel Signs Off On Caster Rebuild

28 August 2017 - Hyundai Steel Co. has signed the final acceptance certificate for a rebuilt 6-strand caster at the company’s Pohang plant in South Korea.

List of Potential Essar Steel Investors Grows

28 August 2017 - The list of potential suitors for India’s Essar Steel is growing, according to Indian financial news portal moneycontrol.com

German Official Tells thyssenkrupp to Consider Alternatives to Tata Steel Combination

25 August 2017 - Sigmar Gabriel, Germany’s Minister for Foreign Affairs, thinks thyssenkrupp ought to abandon plans to merge its steel division with Tata Steel’s European steel operations.

Big River Closes on US$1 Billion in Financing

24 August 2017 - Arkansas-based Big River Steel LLC has obtained more than US$1.2 billion in new financing, the company said Thursday.

Gerdau Appoints New CEO

24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.

Report: Two International Steelmakers Eyeing India's Essar Steel

23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.

Danieli to Equip Vietnamese Rebar Mill

23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province.

BlueScope Steel Names New Chief Executive

21 August 2017 - Australia’s BlueScope Steel Ltd. has a named a company veteran to succeed chief executive Paul O’Malley, who is set to retire at the end of the year.

British Steel Opens International Sales Offices

18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand.

Steel Manufacturers Association Recognizes Three for Safety Achievements

18 August 2017 - The Steel Manufacturers Association (SMA) has named two people and a steel facility as the recipients of the 2017 Don B. Daily Achievement in Safety award, the association's highest safety recognition.

POSCO to Boost Hiring Over Next Four Years

17 August 2017 - South Korea’s top steelmaker said it will step up hiring to secure its workforce through the digital revolution, according to The Korea Times newspaper.

Steel Dynamics Orders Danieli Spooler Line

17 August 2017 - Danieli has won a contract to install spooled bar equipment at Steel Dynamics Inc.’s Columbia City, Ind., USA, structural and rail mill.

Report: Two Killed in Coke Oven Explosion

16 August 2017 - Two people were killed and 10 others were injured Tuesday in a coke oven explosion at a Gerdau SA plant in Brazil, according to the Reuters news service.

ArcelorMittal JV Upgrades Automated Coil Transport System

16 August 2017 - ArcelorMittal is investing US$5 million to replace unmanned carts that move coils at its I/N Tek and I/N Kote joint-venture plants in Indiana, reports The Times newspaper of northwest Indiana.

Tata Hires Danieli to Upgrade Galv Line

14 August 2017 - Danieli has won a contract to upgrade a hot-dipped galvanizing line at Tata Steel Europe’s IJmuiden plant in the Netherlands, the company has announced.