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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business
11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.
ArcelorMittal Gives Electrical Simulator Access to its Electrical Steel Data
10 May 2016 - ArcelorMittal has agreed to share material data about its electrical steels with a simulation software designer, the steelmaker announced on Tuesday.
Explosion Causes US$5 Million in Damage to Ohio Mill
10 May 2016 - North Star BlueScope Steel is continuing to produce steel following a weekend explosion and fire at its Ohio, USA, sheet mill.
Two Teams Vying for Tata Steel's U.K. Business
09 May 2016 - The deadline to submit preliminary offers for Tata Steel's U.K. division has passed, and details of the two investment teams looking to buy the operation have emerged.
ArcelorMittal Sees Another Quarter in the Red
06 May 2016 - The world's largest steelmaker posted another unprofitable quarter on Friday, recording a net loss of US$416 million due to low steel prices.
Jindal Steel Plans to Pay Down Debt Through Mill, Mine Sales
04 May 2016 - India’s Jindal Steel and Power is hoping to sell more steel and coal assets as a way to cut its US$6.91 billion in debt, according to the Reuters news service.
Newly Acquired Long Products Business Names Three to Executive Team
04 May 2016 - Black Diamond Capital Management, the private equity firm that acquired much of ArcelorMittal’s U.S. long carbon business earlier this year, is assembling its new executive team and has appointed industry veteran Robert Simon to its helm.
U. S. Steel Issuing Nearly US$1 Billion In New Bonds
03 May 2016 - United States Steel Corporation is nearly doubling the amount of new debt it plans to issue to repay maturing borrowings.
Canadian Pipe Mill Undertakes Short-Term Layoffs
03 May 2016 - Evraz North America is laying off 90 employees at its 24-inch pipe mill in Regina, Canada, and may send home 49 others at its mill in Calgary, reports the Regina Leader-Post newspaper.
ArcelorMittal Plans Upgrades to Rail Mill
02 May 2016 - ArcelorMittal is modernizing its rail rolling mill in Spain in a bid to improve its flexibility and efficiency, the vendor on the project has announced.
SSAB Trims Payroll In Sweden, Pares Office Jobs
02 May 2016 - Swedish steelmaker SSAB has concluded negotiations with employees over proposed layoffs and will cut 262 office jobs from its Nordic operations, the company has announced.
Commercial Metals Marks Start of Oklahoma Mill Construction
29 April 2016 - U.S.-based Commercial Metals Co. broke ground on its new micro-mill in Oklahoma on Friday, kicking off a project that will help the company expand into five states.
ArcelorMittal, Steelworkers Union Come to Terms on New Labor Agreement
29 April 2016 - The United Steelworkers union has reached a tentative, three-year labor agreement with ArcelorMittal USA, the union has announced.
Stolen Data Helped Chinese Producer Quickly Commercialize Ultra High-Strength Steel, Alleges U. S. Steel
28 April 2016 - China broke into U. S. Steel's computer network and stole production research on its advanced steels, allowing at least one overseas producer to side-step years of work and quickly roll out ultra high-strength grades, U. S. Steel alleges in its Section 337 complaint before the U.S. International Trade Commission.
Metals Trader Completes Acquisition of Scottish Plate Mills
28 April 2016 - Metals trading firm Liberty House has closed on its acquisition of two Tata Steel plate mills in Scotland, the firm has announced.
Restructuring Costs, Production Disruptions Contribute to Allegheny Technologies' First-Quarter Loss
27 April 2016 - Specialty metals producer Allegheny Technologies Inc. posted a net loss of US$101.2 million due to the ongoing market downturn, restructuring costs and the disruption caused by its now-ended lockout of the United Steelworkers union.
Steel Manufacturers Association Announces Winners of Safety, Innovation Awards
27 April 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.
Losses Continue to Mount for United States Steel Corp.
26 April 2016 - United States Steel Corp. posted a first-quarter net loss of US$340 million on Tuesday and announced that it filed a Section 337 petition seeking to bar unfairly traded, Chinese-made steel products from entering the country.
Quad Infotech Commissions New Manufacturing Software at Virginia Mill
25 April 2016 - Software engineering and design firm Quad Infotech Inc. has completed commissioning of its QMOS manufacturing execution system at Gerdau’s large section plant in Petersburg, Va., USA, the company has announced.
Nucor's First-Quarter Sales Slide, But Sees Better Times Ahead
22 April 2016 - Nucor Corp. saw its first-quarter sales decline by 16 percent, but the steelmaker said the market has begun to improve and is expecting much better results this quarter.
