Steel News

Nucor Allocates US$85M to Bar Mill Modernization

27 March 2017 - Nucor Corp. said it plans to invest US $85 million in upgrades to its Marion, Ohio, bar mill, the steelmaker has announced.

Charter Steel Partners with KOCKS on New SBQ Mill

27 March 2017 - Charter Steel will incorporate KOCKS precision sizing technology in its new special bar quality mill, which is to be built at its Cuyahoga Heights, Ohio, plant, the mill builder tells AIST’s Steel News.

Gerdau Plans Modifications to Caster at Georgia Mill

23 March 2017 - Primetals Technologies has won a contract to modify the continuous caster at Gerdau’s Cartersville, Ga., USA, long products mill.

New Joint Venture Mill Gives Final Acceptance to Coke Plant

23 March 2017 - Nine months after the ovens were lit, a coke plant serving a new, greenfield mill in Brazil has passed its final acceptance tests, reports SMS group subsidiary Paul Wurth.

China's Hebei Steel Planning US$6B Mill Replacement

21 March 2017 - China’s largest steelmaking province has given the go-ahead to a US$6.2 billion project through which Hebei Steel Group will replace obsolete mills with new facilities – and cut capacity in the process, according to the Reuters news service.

Rebuilt Caster at Spanish Mill Gets Up to Speed

21 March 2017 - ArcelorMittal Asturias has put a rebuilt slab caster at its Aviles plant in Spain back into service and is ramping up production, according to the equipment supplier on the project.

Tata Steel Looks To Grow European Tailored Blanks Business

20 March 2017 - As competition from low-cost steel imports erodes demand for domestic auto steel in Europe, Tata Steel is trying to carve out a larger niche for its tailored blanks business, notes Automotive News.

POSCO Looks to Return Land for Indian Mill

20 March 2017 - South Korea’s POSCO is offering to surrender the acreage on which it had planned to build a US$12 billion integrated mill in India, a move that seems to put the final nail in the coffin on the long delayed project, according to reports.

SDI Expects Q1 Earnings to Rise Sharply

20 March 2017 - Steel Dynamics Inc. is forecasting a significant improvement in its first-quarter earnings on rising shipments and expanding spreads.

Big River's Newest Employee Is a Supercomputer

20 March 2017 - Big River Steel has contracted with a Silicon Valley start-up that will incorporate its supercomputer-powered machine learning technology into the steelmaker’s day-to-day operations, the companies announced on Monday.

US$260 Million Investment to Boost Ternium Coating Capacity in Mexico

17 March 2017 - Ternium plans to invest US$260 million in a new hot-dip galvanizing line and a pre-painting line at its Pesquería plant in Mexico, the company has announced.

Report: Consortium Bids EUR1.6 Billion for Europe's Largest Steel Works

17 March 2017 - ArcelorMittal and partner Marcegaglia are offering 1.6 billion euros for Italy's Ilva steel works, outbidding a rival consortium, reports the Reuters news service.

ArcelorMittal Subsidiary Plans Upgrades to French Plate Mill

17 March 2017 - Danieli has won a contract to upgrade the plate mill at Industeel France’s Le Creusot plant.

Investment Firm Acquires Two Heat Treatment Businesses, Looks to Expand Operations

16 March 2017 - Long products producer Gerdau SA has agreed to sell two U.S. metal processing businesses for an undisclosed amount.

MMK Eyes Improvements to Slab Caster, Plate Mill

16 March 2017 - SMS group has won a contract to upgrade a continuous slab caster and the heavy plate mill at Russia’s Magnitogorsk Iron & Steel Works.

Idled U. S. Steel Quench-and-Temper Mill to be Permanently Shut

15 March 2017 - United States Steel Corp. will permanently close an idled quench-and-temper mill at its Lorain, Ohio, tubular plant, according to reports.

AK Steel, United Steelworkers Agree to Four-Year Labor Pact

15 March 2017 - The United Steelworkers union at AK Steel Corp.’s Mansfield Works in Ohio have ratified a four-year labor deal, the company has announced.

Ontario Court Receives Stelco Restructuring Plan

14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.

ArcelorMittal Upgrades Long Products Mill in Southeastern Europe

13 March 2017 - ArcelorMittal Zenica, the steelmaker’s long products facility in Bosnia and Herzegovina, has inaugurated two projects designed to reduce its environmental footprint and a third that will allow it to begin producing coiled rebar.

Tata Steel Freezes U.K. Pension Plan

10 March 2017 - Tata Steel U.K. will freeze its pension plan at the end of March, a decision that helps to clear the way for a potential merger of its European strip business.