Steel News

Keystone Consolidated Industries Expands Reinforcing Wire Mesh Capacity

28 December 2015 - U.S.-based Keystone Consolidated Industries Inc. is adding welded wire reinforcement (WWR) mesh production to its Sherman, Texas, facility, the company has announced.

U.S. Commerce Department Proposes Big Dumping Margin on Chinese-Made Corrosion-Resistant Steel

23 December 2015 - The U.S. Department of Commerce has made a preliminary determination that steel producers in China, India, Italy and South Korea have dumped corrosion-resistant steel in the U.S.

Baosteel Pulls the Plug on Multi-Billion-Dollar Iron Ore Project

23 December 2015 - China’s Baosteel and its partners are mothballing a proposed US$5.4 billion iron ore project in Australia on account of market conditions, reports BloombergBusiness news service.

Maker of Combustion Monitoring System Finds Footing in Steel Industry

22 December 2015 - Colorado-based Zolo Technologies has reached a new milestone, having installed more than 25 of its ZoloSCAN tunable diode laser absorption spectroscopy (TDLAS) systems on steel industry furnaces, the company has announced.

U.S. Steel Hits the Pause Button on Its New EAF

22 December 2015 - United States Steel Corporation is halting work on its new electric arc furnace (EAF), saying that the steel and energy markets are simply too weak to support the project.

Tata Steel Negotiating Sale of European Long Products Business

22 December 2015 - Tata Steel is in talks with investment firm Greybull Capital to sell its European long products business, the company has announced.

Cascade Steel Upgrades Oregon Rolling Mill

21 December 2015 - Danieli has won a contract to modernize the finishing end of Cascade Steel Rolling Mill’s Oregon rebar facility, the company has announced.

Tenova Goodfellow Marks 10 Years of EFSOP Technology in Japan

21 December 2015 - Tenova Goodfellow Inc. recently celebrated the 10th anniversary of the introduction of its Expert Furnace System Optimization Process (EFSOP) technology to the Japanese steel market.

Fives Wins Contracts for Upgrades at ArcelorMittal Plants

21 December 2015 - Industrial engineering group Fives has won contracts for upgrades to ArcelorMittal facilities in China and Romania, the company has announced.

AK Steel, Steel Dynamics Expecting Low-Cost Imports to Weigh Down Fourth-Quarter Results

18 December 2015 - AK Steel Corp. said it expects to report a greater-than-anticipated net loss of between 33 cents and 38 cents per share in the fourth quarter, due in part to costs associated with idling its Kentucky blast furnace.

Cable Manufacturer Reaches Deal to Distribute Some Pfisterer Electrical Equipment

18 December 2015 - U.S.-based TPC Wire & Cable Corp. has formed a partnership with Germany's Pfisterer, giving TPC the ability to stock select Pfisterer products in the United States, the company has announced.

Weak Demand Forces Nucor To Halt Production at DRI Plant

17 December 2015 - Nucor Corp. is temporarily halting production at its direct reduced iron (DRI) plant in Louisiana due to market conditions, the U.S.-based steelmaker has announced.

Outokumpu Finalizes Divestment of Mexican Joint Venture

17 December 2015 - Stainless manufacturer Outokumpu has closed on a deal to sell its stake in its tubular joint venture in Mexico to partner F.E.R. Fischer Edelstahlrohre GmbH.

Overseas Cold Rolled Producers Benefiting From Unfair Subsidies, U.S. Commerce Department Rules

17 December 2015 - The U.S. Department of Commerce has preliminarily ruled that cold-rolled flat steel products from China, India, Brazil and Russia are benefiting from unfair government subsidies and set duties ranging from zero to 227.3 percent.

Nucor Awards Contract for Rod Mill Upgrades

17 December 2015 - Primetals Technologies has won a contract to upgrade coil handling equipment at Nucor Corp.'s Norfolk, Neb.,USA, coiled bar and wire rod mill, the company has announced.

Consolidated Systems Carves Up Processing Business

16 December 2015 - North America’s largest independent coil coater has acquired the coating and processing assets of Consolidated Systems Inc.’s Consolidated Metal Products unit.

India Imposes Import Duties on Stainless Products

15 December 2015 - India has imposed an anti-dumping duty on cold rolled stainless flat products from China, the European Union, the United States and other countries to protect domestic manufacturers.

Outotec Finalizes Acquisition of South Africa's Sinter Plant Services

15 December 2015 - Outotec has closed on a deal to buy Sinter Plant Services CC in South Africa, the company has announced.

Upgrades to OneSteel Wire Rod Mill Pass Muster

15 December 2015 - Australia’s OneSteel Market Mills has issued a final acceptance certificate for upgrades to its Laverton wire rod mill, according to the contractor on the project.

Tenaris Opens New Service Center in Argentina

14 December 2015 - OCTG manufacturer Tenaris has opened a new service center in Senillosa, Neuquén, Argentina, to better serve customers in Latin America’s largest shale play.