Steel News

The Systems Group Lands Order for EAF Roof

24 July 2017 - The Systems Group has won an order for a new electric arc furnace (EAF) roof, the company has announced.

Nucor Approaches 2 Million Tons of Auto Steel Shipments

21 July 2017 - Nucor Corp. is closing in on its goal to ship 2 million tons of automotive steel annually, chief executive John Ferriola has said.

Steel Dynamics Takes One to the Snout

21 July 2017 - A bad line component forced Steel Dynamics Inc.’s (SDI) new Galvalume and paint lines to go down in the second quarter, contributing to an estimated US$30 million impact on earnings, SDI chief executive Mark Millett said on Thursday.

Nucor Awards Galvanizing Line Contract to SMS group

20 July 2017 - Nucor Corp. has awarded the contract for its planned US$176 million Kentucky galvanizing line to SMS group, the equipment supplier said on Thursday.

Higher Steel Prices Boost Q2 Profits at Steel Dynamics

20 July 2017 - Steel Dynamics Inc. saw its second-quarter profits rise 8.5% on higher average prices for its steel.

This Is Heavy News: Mechel Casts a 50-Metric-Ton Ingot

20 July 2017 - Mechel PAO’s Chelyabinsk works in Russia has cast its first 50-metric-ton ingot, officially marking its entry into the oversized special steel market.

Steelmakers Nearing Agreement on Establishing New Cold Mill

20 July 2017 - The Steel Authority of India (SAIL) and ArcelorMittal are closing in a joint venture cold mill that would produce automotive steel, reports the Press Trust of India.

New Owner of Australian Steel Works Promises Big Investment

19 July 2017 - Steel entrepreneur Sanjeev Gupta said he and his family plan to invest nearly US$780 million in Australia’s integrated Whyalla steel works, according to reports.

Direct Quenching System Now in Service at Nucor Mill

19 July 2017 - Nucor Corp.'s Tuscaloosa, Ala., plant has put a Danieli direct quenching system into service, the equipment supplier said on Wednesday.

Planned Outage Impacts Quarterly Production At EVRAZ North America

19 July 2017 - EVRAZ North America's crude steel production fell 8.3% between the first and second quarters of 2017 on account of a project outage.

Commissioning Underway on New PCI Units at Russian Blast Furnaces

17 July 2017 - Blast furnace specialist Paul Wurth and Russia’s NLMK Group have begun commissioning new pulverized coal injection units at the steelmaker’s Lipetsk works.

Polytec Wins Order for Meltshop Robots

17 July 2017 - Two European steelmakers have awarded contracts to industrial robotics manufacturer Polytec S.r.l. to automate production steps.

Report: No Deal Yet on Closed Wire Rod Mill Acquisition

11 July 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier.

Kobe Steel Completes Expansion of Wire Rod Processing Plant

11 July 2017 - Kobe Special Steel Wire Products (Pinghu) Co. Ltd. has started up new pickling unit at its cold-heading quality wire plant in the Chinese province of Zhejiang.

Liberty House Acquires Two Tata Pipe Mills

11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.

Nucor Takes Home Volkswagen Honors

11 July 2017 - Volkswagen has recognized Nucor Corp. as a top supplier, presenting the steelmaker with the Volkswagen Group Award 2017.

British Steel Blast Furnace Knocked Off-Line

07 July 2017 - A technical problem has forced British Steel to shut down one of its two operating blast furnaces, reports news and pricing service Platts.

AK Steel: Acquisition Will Bring It Even Closer to Auto Customers

07 July 2017 - AK Steel’s announced acquisition of tooling and stamped components manufacturer Precision Partners will give the steelmaker a fully integrated downstream platform, one that will allow for closer collaboration with its automotive customers, said AK Steel chief executive Roger Newport.

Italian Steelmaker Upgrades Bar-in-Coil Line

06 July 2017 - Italy's Acciaierie Bertoli Safau is upgrading its Danieli bar-in-coil line to increase size capabilities and realize the line’s full production capacity.

GFG Alliance Prevails in Effort to Buy Australian Steelmaker

05 July 2017 - After revising an earlier offer, metals entrepreneur Sanjeev Gupta and his family’s alliance of businesses have landed a binding agreement to acquire Australian iron ore miner and steelmaker Arrium.