Steel News

ArcelorMittal, voestalpine Teaming Up to Market New Automotive Steel

15 April 2016 - Voestalpine and ArcelorMittal have signed an agreement to jointly market a new line of galvanized press-hardened steels intended for hot-formed automotive components, ArcelorMittal has announced.

Kentucky Hopes to Prompt AK Steel to Relight Ashland Blast Furnace

15 April 2016 - Kentucky Gov. Matt Bevin has signed a bill meant to entice flat rolled maker AK Steel Corp. to relight the blast furnace at its Ashland Works, according to the Associated Press.

The Techs Engineer Named ASTM Committee Chair

15 April 2016 - Margaret A. Farabaugh, a technical services engineer for hot-dipped galvanizer The Techs, has been named chairperson of ASTM international committee A05 on metallic-coated iron and steel products, the standards maker has announced.

Minnesota Governor Threatens To Take Away Mineral Leases From Startup Iron Ore Miner

14 April 2016 - Minnesota Gov. Mark Dayton has issued an ultimatum to would-be iron ore producer Essar Steel Minnesota, telling the company that if it doesn't line up the funding to finish its new taconite mine and processing facility, the state won't renew mineral leases.

U.S. Toolmaker Expects New Marketing Opportunities Through European Acquisition

14 April 2016 - U.S.-based toolmaker Allied Machine & Engineering Corp. has closed on a deal to acquire the remaining interests in its European subsidiary, Allied Maxcut Engineering Co. Ltd. U.K., the company has announced.

U.K. Government Might Consider Investment in Tata Steel Sale

12 April 2016 - The U.K. government might “co-invest” with whomever acquires Tata Steel’s U.K. operation, according to reports.

Essar Steel 'Confident' It Can Finish New Iron Ore Mine, Pellet Plant

12 April 2016 - Essar Steel Minnesota chief executive Madhu Vuppuluri said he and the company are “optimistic” that they’ll raise the rest of the money needed to finish building a new taconite mine and processing facility in northern Minnesota, according to the Duluth News Tribune newspaper.

Gerdau OKs New Skinpass Mill

11 April 2016 - Brazil’s Gerdau has awarded the final acceptance certificate on a new hot skinpass mill at its Ouro Branco plant, the supplier on the project has announced.

Tata Steel, Investment Firm Shake Hands on Sale of Long Products Business

11 April 2016 - Tata Steel has reached a deal to sell its European long products business to private investment firm Greybull Capital, the company has announced.

Steel of West Virginia Awarded Specialty Manufacturing Certification

08 April 2016 - Maritime standards maker Lloyds Register has certified Steel of West Virginia Inc. as a producer of steel “bulb flats,” a specialty product used in shipbuilding, the company has announced.

U.S. Plate Producers File Trade Complaint Against 12 Countries

08 April 2016 - American steel producers are seeking trade actions against imported carbon and alloy cut-to-length plate from 12 countries, alleging that overseas manufacturers have been undercutting domestic prices.

Midrex Names New President, COO

08 April 2016 - Midrex Technologies Inc. veteran Stephen Montague has been named president and chief operating officer, the company has announced.

Report: Tata May Have Hard Time Finding Buyer for U.K. Business

07 April 2016 - After Tata Steel announced that it would look to divest its U.K. business last week, the hope has been for a quick sale to a buyer with a turn-around plan.

Tata Steel to Start Formal Sales Process for U.K. Business Next Week

06 April 2016 - Tata Steel will launch the formal sales process for is ailing U.K. business on 11 April, according to a U.K. official.

Nucor Plans Upgrades to Alabama Sheet Mill

05 April 2016 - Nucor Corp. is spending approximately US$4.4 million to upgrade the pickling line at its Decatur, Ala., sheet mill, according to reports.

'Several' Bids Made for Essar Steel Algoma

04 April 2016 - Canada’s Essar Steel Algoma said it is entering the second phase of its sales process with “several” preliminary bids on the table.

Voestalpine Signs Another Customer for its Texas HBI

04 April 2016 - Voestalpine has found another taker for the hot briquetted iron it will be producing at its new direct reduction plant in Texas.

Could Two of Canada's Biggest Steelmakers Join Forces? Possibly, Newspaper Says

01 April 2016 - Preliminary bids are due today, 1 April, from investors interested in Essar Steel Algoma, a Canadian plate and sheet producer that entered creditor protection last year.

ArcelorMittal Idles Indiana Hot Strip Mill

01 April 2016 - In the latest of it capacity-cutting efforts, ArcelorMittal has shut down the 84-inch hot strip mill at its Indiana Harbor facility in Indiana, a union official tells The Times newspaper of northwest Indiana.

Report: Tata Steel, thyssenkrupp Might Bring European Operations Together

01 April 2016 - As India’s Tata Steel looks to exit the United Kingdom, it’s reportedly considering a new direction for its other European assets.