Steel News

CMC Expands Fabrication Operations Through Hawaiian Acquisition

26 October 2016 - A Commercial Metals Co. subsidiary has signed a deal to acquire a Hawaiian rebar fabricator for an undisclosed amount, the company announced on Wednesday.

More Than 2 Years in the Making, voestalpine's U.S. HBI Plant Opens

26 October 2016 - voestalpine officially opened its US$740 million direct reduction plant in Corpus Christi, Texas, on Wednesday, marking the end of work on a project that is corporate Austria’s largest-ever U.S. investment and one that will help the company reduce its carbon footprint.

Tata's Change in Leadership Throws European Steel Merger Into Question

25 October 2016 - Cyrus Mistry’s ouster as chairman of Tata Sons Ltd. might disrupt the conglomerate’s effort to merge its U.K. strip business with thyssenkrupp’s European steel operations, according to the Bloomberg news service.

German Steelmaker in Talks to Sell Brazilian Plant

25 October 2016 - thyssenkrupp might sell its Brazilian steel plant, Companhia Siderúrgica do Atlântico, to Latin American steelmaker Ternium, according to The Wall Street Journal.

ArcelorMittal's Relationship With Shipbuilder Steams Onward

25 October 2016 - ArcelorMittal Asturias has reached a milestone in its relationship with shipbuilder STX France, which is about to take delivery of its 100,000th metric ton of steel plate from the steelmaker.

Tata Group Dumps Chairman, Launches Search for Successor

24 October 2016 - In a surprise move, Indian conglomerate Tata Group ousted its chairman on Monday and named a member of Tata's founding family to temporarily succeed him.

Jamshedpur 'One of the World's Most Enduring Company Towns'

24 October 2016 - In India’s Steel City, Jamshedpur, Tata Steel and its Jamshedpur Works isn’t simply an employer. It’s a way of life.

Ferriola Confident Big River Won't Drain Nucor's Business

21 October 2016 - Nucor Corp. is prepared to battle start-up Big River Steel, and, in fact, believes it has the upper hand on its new competitor, Nucor chief executive John Ferriola said Thursday.

Report: Liberty House Eyes Australian Steelmaker

18 October 2016 - Liberty House, the steelmaker and metals trading firm that had looked to acquire Tata Steel’s U.K. strip business, might be turning its attention to a different set of distressed assets, reports the Bloomberg news service.

Ukrainian Steelmaker Upgrades Blast Furnace, Adds Coal-Injection System

17 October 2016 - ArcelorMittal Kryvyi Rih chief executive Paramjit Kahlon and Ukraine Prime Minister Volodymyr Groysman ceremonially opened a new pulverized-coal injection system at the company’s No. 9 blast furnace last week.

A Fire Rekindled: How ArcelorMittal's Cleveland Works Reinvented Itself

17 October 2016 - Through innovation, hard work and difficult decisions, employees and managers at the former LTV steel works in Cleveland, Ohio, USA, have transformed the once-shuttered business into one of the world’s most productive steelmaking facilities, if not the most productive.

Mexican Wire Rod Processing Plant Inaugurated

12 October 2016 - Kobelco CH Wire Mexicana S.A. de C.V. has cut the ribbon on its new automotive wire plant in Silao, Guanajuato, Mexico.

Tosyali Receives Hot DRI Conveyor for Algerian Plant

11 October 2016 - AUMUND Fördertechnik GmbH has delivered a specialized bucket conveyor that will enable hot charging of iron into the electric arc furnace at the new Tosyali steel plant in Algeria.

Danieli Tapped for Slab Caster Modernization

07 October 2016 - ArcelorMittal’s Galati steel works in Romania has awarded a contract to Danieli for upgrades to a 38-year-old slab caster, Danieli has announced.

JSW Acquires 111 Million MT in Iron Ore Reserves

07 October 2016 - India’s JSW Steel has won an auction for five iron ore mines in the state of Karnataka, reports the Business Standard newspaper.

SMS Opens New U.S. Service Center, Dedicated Roll Shops

06 October 2016 - SMS Technical Services has opened a new repair and maintenance shop in Arkansas to serve the Big River Steel facility and other regional steelmakers, the company has announced.

Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO

05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.

SAIL Develops Special Cold-Weather Steel

30 September 2016 - The Steel Authority of India Ltd. has developed a type of steel designed specifically for use in extremely cold environments and has shipped its first order, reports the Business Standard newspaper.

Steel Company Revives Scottish Plate Mills

28 September 2016 - Liberty Steel has recommissioned two affiliated plate mills in Scotland and is looking to eventually increase production to 500,000 metric tons annually, according to the Reuters news service.

Chilean Steelmaker Produces First Heat of Nanotech Rebar Steel

27 September 2016 - MMFX Technologies Corp. has established a production partnership with CAP Steel, which has produced its first heat of MMFX’s ChrōmX 9100 concrete-reinforcing steel at its Huachipato plant in Talcahuano, Chile, according to announcement.