Steel News

Skyline Steel Adding Straight-Seam Welding to Mississippi Plant

18 August 2016 - Pilings maker Skyline Steel is investing US$15 million in its Iuka, Miss., plant to add additional pipe-making capabilities.

voestalpine to Expand North American Auto Parts Manufacturing Capacity

18 August 2016 - Austrian steelmaker voestalpine said it will expand its U.S. auto body parts plant and build another after landing an EUR$500 million order for automotive components, the company announced on Wednesday.

Slab Caster at New Brazilian Steel Works Now in Operation

17 August 2016 - Startup Brazilian steelmaker Companhia Siderúrgica do Pecém (CSP) has put its new two-strand continuous slab caster into service, according to the equipment vendor, Primetals Technologies.

Gerdau to Idle Kentucky Bar Mill

17 August 2016 - Gerdau is planning to idle its Calvert City, Ky., USA, bar mill by the end of November, blaming the world’s excess steelmaking capacity, according to reports.

Cliffs Natural Resources Breaks Ground on Pellet Project

15 August 2016 - North American iron ore miner Cliffs Natural Resources has broken ground on a US$65 million project that will allow for production of its new superflux pellet.

Steel Dynamics Acquires Scrap Yards in Tennessee, Mississippi

15 August 2016 - Metals recycler Sims Metal Management Ltd. has divested certain scrap yards in the eastern United States, selling them to Steel Dynamics Inc. for an undisclosed amount, according to reports.

UAW Ratifies Labor Agreement with AK Steel

10 August 2016 - The United Auto Workers union has ratified a new labor agreement at AK Steel Corp.’s Butler, Pa., USA, facility, the company has announced.

U. S. Steel Canada Declines New Offer From Essar Global

10 August 2016 - U. S. Steel Canada has rejected a new buyout offer from Essar Global, saying that its new bid is substantially similar to one that was proposed -- and rejected -- earlier this year, according to reports.

Hyundai Steel Signs Off on Bar Mill Upgrade

10 August 2016 - South Korea’s Hyundai Steel has issued the final acceptance certificate for a new 3-roll sizing mill at its bar mill in Pohang, according to the contractor on the project.

A New Offer Emerges for U. S. Steel Canada

09 August 2016 - An entity that includes shareholders of India’s Essar Global said it has made a formal, binding offer for U. S. Steel Canada, which is operating under creditor protection while it attempts to find a buyer.

Commerce Department Sets Duties on Hot Rolled Coil Imports

08 August 2016 - The U.S. Commerce Department will impose anti-dumping duties of between 3.7 and 34.3 percent on hot rolled coil from seven countries, the department has announced.

Keystone Acquires South Carolina PC Strand Manufacturer

08 August 2016 - Keystone Consolidated Industries Inc. has acquired pre-stressed concrete (PC) strand maker Strand-Tech Martin Inc. for an undisclosed amount.

Primetals Bags Contract for New BOF in Germany

04 August 2016 - ArcelorMittal’s Ruhrort plant in Germany has ordered a new basic oxygen furnace (LD converter) from Primetals Technologies. According to Primetals, the 150-metric-ton converter will replace an existing converter, designated as K2.

Report: China Weighing Plan to Combine Steelmakers

02 August 2016 - Chinese officials are thinking about consolidating some of the country’s largest steelmakers into two behemoth companies, according to the Bloomberg news service.

Steel Dynamics Completes US$114M Vulcan Acquisition

02 August 2016 - Steel Dynamics Inc. has finalized its acquisition of threaded rod manufacturer Vulcan Threaded Products Inc., the company has announced.

Baosteel Starts Up Continuous Galvanizing Line

28 July 2016 - A new continuous galvanizing line at China’s Baosteel Zhanjiang Iron & Steel Co. Ltd. has processed its first coil.

U. S. Steel Records Another Loss, But Sees Better Results Ahead

27 July 2016 - United States Steel Corp. lost US$46 million in the second quarter due in part to losses in its tubular division, but the steelmaker said it expects conditions to continue to improve for its other businesses during the second half of the year.