Steel News

Tata Launches Steel-Plastic Composite Material

09 November 2015 - Tata Steel has introduced a new composite sheet material that it intends to market to bus and trailer manufacturers.

Nucor to Acquire Cold Finish Bar Assets in Ohio and Georgia

09 November 2015 - Nucor Corp. is acquiring two Gerdau Long Steel bright bar facilities for an undisclosed amount, Nucor has announced.

Chinese Imports Take a US$711M Toll on ArcelorMittal

06 November 2015 - The world’s largest steelmaker lost US$711 million between July and September -- and about US$1.3 billion through nine months of 2015, the company reported.

Reports: U. S. Steel Ditches Plan for New Pittsburgh HQ

05 November 2015 - United States Steel Corporation has scuttled plans for a new Pittsburgh headquarters, raising questions as to whether the iconic steelmaker might eventually leave its home city, according to local news reports.

O'Flaherty: Good Relationship With South African Government Crucial

04 November 2015 - Paul O’Flaherty, CEO of ArcelorMittal South Africa Ltd., said his mandate from ArcelorMittal chairman Lakshmi Mittal was to “fix" the company’s operations in that country, O’Flaherty said in an interview with the BusinessDay newspaper.

U.S. Commerce Department Imposes Preliminary Duties on Imported Steels From China, Other Countries

04 November 2015 - The U.S. Department of Commerce has set preliminary duties of up to nearly 236 percent on corrosion-resistant sheet steel imported from China steel and is continuing to evaluate additional protections for American producers.

AK Steel Recognized for Environmental Efforts

03 November 2015 - Honda North America Inc. has recognized AK Steel Corp. with a supplier award for environmental achievement.

SKF Outfitting U. S. Steel Facility With New Bearings

03 November 2015 - Bearings manufacturer SKF has won an order to supply integrated seals, lubrication and bearings for the hot strip mill table rolls at United States Steel Corporation’s Granite City Works, the company has announced.

SAIL Wins Big Rail Order From Iran

02 November 2015 - State-owned Steel Authority of India Ltd. (SAIL) will supply about 100,000 metric tons of rail for a system expansion in Iran, according to reports.

Former ArcelorMittal Executive To Lead Finland's Outokumpu

02 November 2015 - The board of directors for Finland’s Outokumpu has appointed a new president and CEO, the company has announced.

Swedish Steelmaker Closing Rolling Mill, Reducing Shifts

30 October 2015 - Swedish engineering steel manufacturer Ovako is implementing a two-year restructuring program in order to reduce costs, the company has announced.

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.

Baoshan Posts Quarterly Loss, Doesn't Expect Additional Capacity-Cutting Moves

30 October 2015 - China’s Baoshan Iron and Steel Corp. lost 920.5 million yuan, or US$145 million, during the third quarter, its first quarterly in nearly three years, according to the Reuters news service.

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.

Court Hears Environmental Challenge to New Mill's Air Permit

29 October 2015 - An Arkansas, USA, appeals court is weighing whether a state agency properly issued an air emissions permit for Big River Steel’s new “flex” mill that’s now under construction, according to reports.

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.

Tata Steel Researchers Move Into New U.K. Lab

28 October 2015 - Tata Steel has opened its new U.K. research center at the University of Warwick’s Science Park, the company has announced.

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.