Steel News

Indian JV Inaugurates New TMT Bar Mill

18 August 2015 - The Steel Authority of India Ltd. in partnership with another company are opening a new mill capable of producing 100,000 tonnes annually of thermomechanically treated bar, India's The Economic Times reports.

U.S. Steel To Shut Down Alabama Blast Furnace, Finishing Operations

17 August 2015 - United States Steel Corp. intends to shut down -- permanently -- the blast furnace and halt most of the finishing operations at its Fairfield Works in Alabama on account of the new electric arc furnace being installed there, the Pittsburgh-based company has announced.

Thai Rod Mill Awards Contract For Furnace Modifications

17 August 2015 - Primetals Technologies has won an order for electric arc furnace upgrades at a rod and wire mill in Thailand, the company has announced.

Allegheny Technologies To Lock Out Workers

14 August 2015 - Specialty steelmaker Allegheny Technologies Inc. has given notice that it will lock out 2,200 workers at its plants beginning 15 August, a move that was immediately blasted by the United Steelworkers union.

ArcelorMittal Finalizes South Carolina Rod Mill Closure

14 August 2015 - ArcelorMittal has formally closed its Georgetown, S.C., wire rod mill, bringing to a close 46 years of steel production at the site.

Former ATI Executive Joins TimkenSteel Board

14 August 2015 - A retired executive has been elected as an independent director to TimkenSteel Corp.'s board, filling a newly added seat, the company has announced.

Exchange Rates Lift Gerdau Earnings Even As Shipments Decline

14 August 2015 - Brazilian steelmaker Gerdau SA recorded a 3-percent increase in net sales, even as shipments fell during the second quarter, the company said in its quarterly earnings statement.

Negotiations Between Allegheny Technologies, Steelworkers Break Down

13 August 2015 - Labor talks between the United Steelworkers union and specialty steelmaker Allegheny Technologies Inc. apparently have broken down, with the union having let a company-mandated deadline to accept the new contract lapse.

Report: Indian Steelmaker Bidding On U.S. Steel Canada

13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.

Tata Steel's Profits Rise, But Market Remains Challenging

12 August 2015 - Tata Steel Ltd. saw its first-quarter profits in fiscal 2016 more than double to US$119 million on account of one-time gains, the company reported.

POSCO Looks To Establish Indian Mill Through JV

12 August 2015 - Two steel manufacturers are proposing to build a US$3 billion integrated plant in India that might one day produce 3 million tonnes annually, The Times of India reports.

Danieli Revamps Rolling Stands At German Strip Mill

12 August 2015 - Danieli Transmissions has completed upgrades to a ThyssenKrupp Steel Europe mill in Germany, the company has announced.

U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports

12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.

Outokumpu Receives Order For New Stainless Grade

11 August 2015 - A manufacturer has chosen an Outokumpu stainless steel as the backbone material for an order for 6,000 illuminated signs, the Finnish steelmaker has announced.

South Korean, Chinese Steelmakers Investing Nearly $1 Billion In New Joint Ventures

11 August 2015 - South Korea's largest steelmaker is partnering with China's Chongqing Iron & Steel Co. on two joint ventures that will produce zinc-coated plates and cold rolled plates, The Korea Observer reported.

EVRAZ Names New Director For Rod, Bar Sales

11 August 2015 - EVRAZ North America has appointed Mike Carroll as director of rod and bar sales, the company has announced.

ATI Makes 'Last, Best And Final' Offer To Union

10 August 2015 - Specialty metals manufacturer Allegheny Technologies Inc. has made what it says is its last, best and final offer to the United Steelworkers union, which is trying to reach a new labor agreement, according to the Pittsburgh Post-Gazette.