Steel News

U.S. Trade Officials Initiate Wire Rod Investigation

19 April 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries.

Plans for Giant Steel Plant Put on Hold

18 April 2017 - Vietnam’s prime minister has stopped Hoa Sen Group’s massive $10.6 billion integrated steel plant to allow more time to study its feasibility and environmental impacts, reports Vietnam’s VnExpress newspaper.

Russian Steelmaker Looks to Sell Long Products onto Europe

18 April 2017 - The Russian government is extending an RUB 300 million to Mechel PAO, which plans to expand its Chelyabinsk Metallurgical Plant for the export structurals market.

TimkenSteel Gains API Quality Management Certification

13 April 2017 - TimkenSteel has been awarded the American Petroleum Institute’s Q1 quality management certification and has been granted a license to apply the institute’s registered certification mark on certain products, the steelmaker has announced.

Russian Steelmakers Invest More than US$200 Million in Environmental Initiatives

13 April 2017 - Russia’s NLMK Group increased spending on environmental projects and controls by 12% in 2016, the steelmaker reported.

Two Look to Acquire Bankrupt Essar Steel Minnesota

11 April 2017 - Iron ore miner and an investor group are making competing bids for the former Essar Steel Minnesota, the half-built taconite mine and processing plant in Minnesota’s Iron Range, reports the Minneapolis Star Tribune newspaper.

Rebuilt Converter Resumes Production at POSCO Mill

11 April 2017 - POSCO has restarted a LD (BOF) converter at its Gwangyang plant following a project to modernize the approximately 30-year-old unit.

Swedish Steelmaker Wins Multimillion Order for Umbilical Pipe

11 April 2017 - Sweden’s Sandvik Materials Technology has bagged a SEK400 million (US$44.2 million) exclusive order for stainless umbilical tubes to be used in the offshore Leviathan natural gas field, the company said on Tuesday.

Thyssenkrupp joint venture would be 'high risk,' labor union says

11 April 2017 - Germany’s largest labor union is voicing disapproval of a potential joint venture between thyssenkrupp AG and Tata Steel, the Bloomberg news service reports.

AK Steel Celebrates Opening of New Research Center

07 April 2017 - AK Steel officially opened its US$36 million Research and Innovation Center during a ribbon-cutting ceremony on 7 April. More than 100 people, including local, state and federal officials, and AK Steel staff and managers, attended.

To Drive Sales, British Steel Invests in New Rail Facility

05 April 2017 - British Steel has opened a new long-rail logistics center in northern Italy to support sales in that country.

Aperam Finalizes Divestment of French Welded Tube Business

05 April 2017 - Stainless and specialty steel producer Aperam has the completed the sale of its French welded stainless tube business, the company has announced.

Severstal Signs Off on Tandem Mill Upgrades

04 April 2017 - Russia’s PAO Severstal has issued the final acceptance certificate on its newly modernized tandem cold mill at its Cherepovets plant, according to the vendor on the project.

Investment Firm Finalizes Acquisition of Steel Processing Businesses

03 April 2017 - Z Capital Group has completed its acquisition of Gerdau SA’s Atmosphere Annealing LLC and NitroSteel LLC, the investment firm announced on Monday.

New Processing Line Boosts Outokumpu's Capacity at South Carolina Mill

03 April 2017 - New Outokumpu has upgraded its stainless bar mill in Richburg, S.C., USA, adding a coil-to-bar line that boosts its capacity by more than 15,000 metric tons annually.

Schaeffler, Pacific Special Steel Form Strategic Partnership

31 March 2017 - Automotive parts and bearings manufacturer Schaeffler AG has entered into a strategic partnership with China's CITIC Pacific Special Steel Group, the companies announced on Friday.

ArcelorMittal Puts New Drag Chain Conveyor on Order

31 March 2017 - The AUMUND Group has won an order for a new double-strand, drag chain conveyor from ArcelorMittal Brazil.

U.S. Wire Rod Makers Seek Trade Protection

29 March 2017 - Four U.S. steelmakers are accusing their counterparts in 10 countries of dumping carbon and alloy wire rod, undercutting U.S. prices, reports S&P Global Platts.

ANDRITZ to Outfit US$230M Cold Mill Complex

29 March 2017 - ANDRITZ has won a contract to equip the specialty cold mill Nucor Corp. is planning to build at its Hickman, Ark., sheet plant.

2016 Was a Very Safe Year for AK Steel's Zanesville Works

27 March 2017 - AK Steel Corp.’s Zanesville Works in Ohio has notched another safe year, running all of 2016 without any lost-time injuries or illnesses, according to the company.