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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Report: Gerdau May Acquire Stake in Indian Steelmaker

23 September 2015 - Lenders to India’s Visa Steel have decided to convert a large portion of the company’s debt into equity using the Reserve Bank of India’s strategic debt restructuring scheme, according to The Financial Express newspaper.

Steelworkers, U. S. Steel and ArcelorMittal Returning to Bargaining Table

23 September 2015 - Contract negotiations between the United Steelworkers union and ArcelorMittal and United States Steel Corporation are to resume next week.

SSI Suspends Production at U.K. Mill, Undertakes Debt Restructuring

21 September 2015 - Thailand's Sahaviriya Steel Industries (SSI) and three main creditors said they will attempt to restructure THB50 billion (US$1.4 billion) in debt to repair the steelmaker’s balance sheet, Reuters reported.

More Layoffs Underway at U. S. Steel Corp.

18 September 2015 - United States Steel Corporation is laying off employees at its Pittsburgh, Pa., USA, headquarters, the Pittsburgh Business Times newspaper reported.

Judge Prescribes Mediation for Ailing U. S. Steel Canada

17 September 2015 - A judge has ordered United States Steel Corporation and others into mediation to hash out the future of the company's Canadian operation, U. S. Steel Canada (USSC), according to The Hamilton Spectator newspaper.

Unions: Lack of Support Threatens U.K Steel Industry

16 September 2015 - Labor unions have called on the British government to do more to support the country's steel industry following reports that SSI UK's Redcar works, along with roughly 3,000 jobs, are in jeopardy.

Chinese Steelmaker Enters Clean Technology Sector

16 September 2015 - China's General Steel Holdings Inc. is acquiring a majority equity stake in a manufacturer of industrial ceramics and a product used in systems that reduce air pollution, the company has announced.

Tata Steel Wins Approval For Mill Expansion

16 September 2015 - India's Environment Ministry has signed off on a Tata Steel project that will more than double the capacity of its Jamshedpur works' cold rolling mill, according to The Hindu Business Line newspaper.

U.K. Mill In Debt, Faces Uncertain Future

15 September 2015 - One of the United Kingdom’s largest steel mills is in financial peril, having missed a series of loan repayments to its banks, according to The Telegraph newspaper.

Steelworkers Union Takes a Break From U. S. Steel Negotiations

15 September 2015 - The United Steelworkers union said its bargaining committee is pausing negotiations with United States Steel Corporation as committee members return home to meet with the rank-and-file.

Steel Dynamics Expands Structurals Business Through Acquisition

15 September 2015 - Steel Dynamics Inc. (SDI) is acquiring three steel decking production facilities for US$45 million, allowing it to add to its product offerings and to expand its reach into the southwestern and western U.S. markets, the company has announced.

EVRAZ North America Names New CFO

15 September 2015 - A financial executive at a fertilizer and seed producer has been named the CFO for EVRAZ North America, the company has announced.

To Protect Domestic Producers, India Imposes Hefty Duty on Hot Rolled Imports

14 September 2015 - The Indian government has imposed a temporary 20-percent duty on certain imported steel products, according to Reuters.

ArcelorMittal Fulfills Order for New Grade of Sheet Piling

14 September 2015 - ArcelorMittal has delivered 3,200 metric tons of a new steel to a Scottish seaport project, its largest shipment yet, the company has announced.

Steelworkers' Latest Contract Proposals Find No Footing

14 September 2015 - ArcelorMittal negotiators walked away from the bargaining table on 11 September, and representatives of the United Steelworkers union are returning home to discuss the situation with the rank-and-file.

Steelworkers Moving to Block U. S. Steel Production Change

11 September 2015 - The United Steelworkers union said it will try to prevent United States Steel Corporation from shifting some production from its Canadian operations to its American mills.

AK Steel: U.S. ITC Decision an “Important First Step” in Cold Rolled Trade Case

11 September 2015 - AK Steel Corp. said it applauds the U.S. International Trade Commission for agreeing to pursue an investigation into cold-rolled steel imports.

U.S. Trade Commission Proceeding With Import Investigation Into Cold Rolled Flat Products

10 September 2015 - The U.S. International Trade Commission has agreed to proceed with a trade investigation into cold rolled flat products from seven countries, including China, concluding that there is a reasonable indication of harm to domestic producers.

Tata Steel Reaches Milestone In Development Of New Steel Works

10 September 2015 - Tata Steel has reached a milestone in the development of its Kalinganagar steel works – the coke ovens have been placed into the production.

Nucor Builds On Relationship With Software Developer

10 September 2015 - Nucor Corp. has renewed an agreement with a computer modeling software firm and plans to expand the use of the firm’s products within its ranks.

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