Steel News

SMS Wins Order for Chinese Strip Mill

30 October 2015 - China’s Shandong Iron and Steel Rizhao has awarded a contract to the SMS group to supply a complete flat steel plant in the Shandong province, SMS has announced.

SMA President: 'We're Not Getting the Margins We Need'

29 October 2015 - Imports of Turkish-made rebar are poised to capture 25 to 30 percent of the U.S. market this year, handily exceeding the high-water mark, CMC Americas President Tracy Porter said on Thursday.

Task Force To Seek Out Buyer for Closing Scottish Mills

29 October 2015 - A task force organized to address the closure of two Tata Steel Europe plants in Scotland has agreed to seek a buyer for the facilities, reports the BBC.

Cargill Sells Stake in USA Mini-Mill

29 October 2015 - Cargill Inc. is selling its interest in its mini-mill joint venture to partner BlueScope Steel for $720 million, the company has announced.

South Korean Steelmaker Upgrades Secondary Metallurgy Plant

28 October 2015 - South Korea’s Hyundai Steel Co. has put a new quick-change Ruhrstahl Heraeus (RH) process plant into service at its secondary metallurgy facilities in Dangjin, the vendor on the project has announced.

Analyst: U.S. Integrated Mills Now Among the Costliest Operations

27 October 2015 - Falling prices of seaborne coking coal and iron ore, along with other factors, have pushed America's integrated steel mills up the global cost curve, CRU senior consultant Adrian Doyle said on Tuesday.

Infrastructure Spending Not a Panacea for Steel Demand, Says SDI Executive

26 October 2015 - Despite a school of thought that says otherwise, an increase in public spending on America's crumbling infrastructure likely won't do much to lift steel demand, according to Steel Dynamics Inc. (SDI) Vice President Christopher A. Graham.

Have Assets for Sale? Nucor Might Be Interested in Hearing From You

26 October 2015 - With access to more than $3 billion in cash in credit, Nucor Corp. is in a good position to make opportunistic acquisitions in a challenging market, CEO John Ferriola said on 26 October.

Outokumpu Divests Majority Interest In China Joint Venture

21 October 2015 - Stainless producer Outokumpu is divesting most of its stake in its Shanghai Krupp Stainless Co. Ltd. joint venture in China, the company has announced.

Tangshan Iron and Steel Expanding Cold Rolling Mill

21 October 2015 - China's Tangshan Iron and Steel Group Co. Ltd. has awarded Primetals Technologies an order for two continuous galvanizing lines at its Tangshan plant in Hebei Province, Primetals has announced.

AK Steel Temporarily Idles Kentucky Steel Works

16 October 2015 - U.S.-based AK Steel Corp. is idling the blast furnace and other steelmaking operations at its Ashland Works in Kentucky, the company has announced.

Trading Firm Restarts Idled Rolling Mill

16 October 2015 - A metals trading firm is re-opening an idled Welsh rolling mill and plans to produce 50,000 metric tons of hot rolled coil per month, according to reports.

Essar Steel Algoma Finds Alternative Iron Ore Supplier

15 October 2015 - Essar Steel Algoma has found a new iron ore supplier and therefore is dropping its request for a restraining order against its previous supplier, Cliffs Natural Resources, the company has announced.

Court to Reconsider Whether 'Secret' Deal Between U. S. Steel, Canadian Government Can Be Made Public

15 October 2015 - The Canadian courts will be taking a look at whether a 4-year-old deal between United States Steel Corporation and the Canadian government can remain confidential.

Out of Money and Out of Time, British Steel Works Shuts Down

13 October 2015 - The coke ovens and blast furnace at Sahaviriya Steel Industries’ (SSI)idled Redcar works in England are being shut down permanently, bringing to an end to nearly 100 years of steelmaking at the site.

Indian Blast Furnace Restarted Following Accident

12 October 2015 - JSW Steel’s Salem works in Mecheri, Tamil Nadu, India, has restarted operations after being ordered closed following an accident in September, according to reports.

Indian Tube Manufacturer To Double Capacity at New Plant

12 October 2015 - India’s Rama Steel Tubes Ltd. has begun expanding its Khopoli plant in Maharashtra, a project that will double its capacity to make mild steel tube, the company has announced.

Judge OKs U. S. Steel's Divorce From Its Canadian Operation

12 October 2015 - A Canadian judge has approved the split between United States Steel Corporation and its Canadian subsidiary, U. S. Steel Canada Inc. (USSC).

Italian Steelmaker Accepts Furnace Efficiency Upgrade

09 October 2015 - Italy’s Industrie Riunite Odolesi SpA has signed off on upgrades to an electric arc furnace, the vendor on the project has announced.

Analyst: Despite Cost-Cutting Measures, Steel Works Unlikely to Remain Open

09 October 2015 - Wage freezes and layoffs will delay, but likely won’t prevent, the eventual closure of BlueScope Steel Ltd.’s Port Kembla works, according to a Deutsche Bank analyst.