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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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POSCO Trades the Safety Goggles for Electronic Goggles Through Virtual Tours

27 September 2016 - Using some emerging technology, POSCO is giving its customers a chance to see its steel plants without having to travel to them.

Steelmaker Completes Improvements to Furnace Emissions System

26 September 2016 - Italy’s Acciaierie Bertoli Safau SpA has upgraded its emissions treatment capabilities, adding a system to better control the release of dioxins.

Tata Steel Opens Pension Talks with Labor Representatives

26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.

Chinese Steelmakers Trying to Evade U.S. Import Tariffs, American Steelmakers Allege

23 September 2016 - Several U.S. steelmakers are accusing their Chinese counterparts of circumventing newly imposed tariffs on cold-rolled and corrosion-resistant steels by diverting products into another country before exporting them.

New Cold Mill to Expand Nucor's Lineup of Specialty Steels

23 September 2016 - Nucor Corp. will add a US$230 million cold-rolling mill to its Arkansas sheet mill, giving it the ability to make some new, higher-value products, the company has announced.

Investment Firm Takes a Step Toward Acquiring U.S. Steel Canada

23 September 2016 - The Ontario provincial government and an American investment firm have set broader terms of a restructuring plan for U. S. Steel Canada Inc., which has been operating under creditor protection for two years.

Steel Dynamics Forecasts Rising Q3 Profits

20 September 2016 - U.S.-based Steel Dynamics Inc. said it expects to double its third-quarter per-share profit due to a widening gap between average steel prices and scrap costs.

Report: Proposed Merger of China's Baosteel, Wuhan Iron and Steel Wins Regulatory Approval

19 September 2016 - A plan to merge two of China’s largest steelmakers into a single entity with more than 60 million tons of capacity has received regulatory approval, reports Caixin magazine.

Union Workers at Republic Steel Ratify Labor Agreement

19 September 2016 - Members of the United Steelworkers have ratified a new, three-year labor agreement with Republic Steel, the union has announced.

Nucor Signs Deal to Acquire HSS Manufacturer

19 September 2016 - Nucor Corp. is acquiring structural tube manufacturer Independence Tube Corp. for US$435 million, a move that strengthens its grip on the non-residential construction market.

Steel Dynamics Subsidiary Plans Long Products Galvanizing Facility

16 September 2016 - Steel Dynamics Inc. is expanding its coatings capabilities, establishing a contract galvanizing shop in Kentucky that can treat long products and fabricated steel components.

Coil Exports Begin Shipping From New Tata Steel Works

16 September 2016 - Tata Steel’s new Kalinganagar works has reached another milestone as ramps up operations, shipping its first hot-rolled coils for the export market.

Nucor Forecasts Rising Third-Quarter Earnings

15 September 2016 - Nucor Corp. said it expects to report third-quarter net earnings of between US$0.85 and US$0.90 per diluted share partly on account of improved profitability at its sheet mills and lessening pressure from imported products.

Amid Recession, Long Products Maker Gerdau Sending More Flat Steel Overseas

15 September 2016 - With the Brazilian economy in a deep recession, Gerdau SA is looking to sell flat steel into foreign markets, and is finding success.

Tyasa Puts New Cold-Rolling Mill on Order

13 September 2016 - Mexico’s Talleres y Aceros S.A. de C.V. has awarded a contract to Primetals Technologies for a new reversing cold rolling mill at its Ixtaczoquitlan, Veracruz, mini-mill.

Johnstown Wire Names New Chief Executive

12 September 2016 - A manufacturing executive with more than 30 years of experience has taken the helm of Johnstown Wire Technologies Inc.

Tata Steel Records First-Quarter Loss

12 September 2016 - Tata Steel lost US$475 million in the first quarter of its fiscal year, weighed down by a steep loss on its discontinued European long products business, which it sold earlier this year, the (London) Financial Times.

U.S. Announces Preliminary Duties on Stainless Sheet, Strip

12 September 2016 - The U.S. Commerce Department has set has set preliminary anti-dumping duties of 63.9 and 76.6 percent on stainless sheet and strip from China.

SAIL Records Fifth Straight Quarterly Loss, Forecasts Increasing Steel Demand

09 September 2016 - India’s largest steelmaker lost US$81 million in the first quarter of its fiscal year, but is forecasting increasing demand and is advancing plans to boost capacity, reports the Bloomberg news service.

Commerce Department Proposes Big Countervailing Duty on Chinese-Made Plate

08 September 2016 - The U.S. Commerce Department has set preliminary countervailing duties of 210.5 percent on Chinese-made cut to length plate, ruling that producers there have been benefitting from unfair government subsidies.

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