Steel News

NLMK Looks to Complete New Caster by Year's End

18 July 2019 - NLMK has begun installation of a new caster at its Lipetsk mill in Russia, marking the beginning of the end of a broader project to boost the mill’s output.

Tata Steel Not Seeking Partner for European Mills

18 July 2019 - After seeing its European venture with thyssenkrupp collapse, Tata Steel had hinted that it might look for a new partner. But a new agreement is apparently not in the cards at the moment, reports Indian financial website moneycontrol.com.

U. S. Steel Signs Tenova for Košice Investment

18 July 2019 - Tenova LOI Thermprocess has won an order from U. S. Steel Košice for a new annealing and coating line to produce non-oriented electrical steel.

Gerdau Slates Improvements to Two U.S. Mills

16 July 2019 - Gerdau is upgrading two of its rolling mills in the eastern United States, outfitting them with new stands from SMS group.

Mill Contract Sets Investment to Support Nucor Mill

15 July 2019 - Mill services contractor TMS International is building a facility in Sedalia, Mo., USA, to serve Nucor Corp.’s new micro-mill, the company has announced.

NLMK Opens Gas Recovery Plant

15 July 2019 - NLMK Group has put a RUB4.6 billion (US$73.4 million) by-products recovery plant into service at its Lipetsk site in Russia, the steelmaker has said.

Salzgitter Greenlights New Galvanizing Line, Signs SMS group to Project

11 July 2019 - Salzgitter AG will proceed with the installation of a third galvanizing line at its Salzgitter Flachstahl mill and has chosen SMS group to build it, the company announced Thursday.

Primetals Technologies Sees Increasing Demand for Caster Optimization Packages

11 July 2019 - Primetals Technologies has reached a new sales milestone, signing a contract to install its 150th level 2 process automation package for continuous casters in the last 10 years.

Danieli Inks Contracts for Rolling Mill, EAF Packages

11 July 2019 - Two Chinese steel producers have placed separate orders with Danieli for a new rebar mill and a scrap charging technology package.

U.S. Sets Preliminary Anti-Circumvention Duty on Certain Vietnamese Steels

08 July 2019 - The U.S. Department of Commerce is imposing new duties on certain cold-rolled and corrosion-resistant steels from Vietnam, arguing that exporters are trying to circumvent fair trade measures by routing substrate from Korea and Taiwan through Vietnam.

Potential Buyers Lining Up to Acquire British Steel

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper.

Liberty Finalizes Acquisition of European Mills

02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Investors Look to Revive Former U. S. Steel Tube Mill

02 July 2019 - A group of investors has acquired a dormant tube mill in Bellville, Texas, and plan to resume production in the third quarter of this year.

Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan

27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.

SDI Wins Tax Break for Mill Site

27 June 2019 - A Texas school board has greenlighted a tax incentive plan for Steel Dynamics Inc., seemingly clearing the way for a final decision on the steelmaker’s planned US$1.8 billion flat-rolled mill.

Nucor Steel–South Carolina Turns 50

27 June 2019 - With the help of elected officials and employees, Nucor Corp. this week marked the 50th anniversary of the start of its first electric arc furnace, celebrating an event that not only gave rise to the country’s largest steelmaker, but sparked a revolution in the way steel is made in the United States.

Danieli Tapped for Rolling Mill Upgrades

27 June 2019 - Peruvian steelmaker Corporacion Aceros Arequipa has awarded a contract to Danieli for two roughing mill stands, part of a second phase of upgrades to the plant.

Alliance Steel Plans New Slitting Line

27 June 2019 - Gary, Ind.-based service center Alliance Steel Corp. has contracted Red Bud Industries for a heavy-guage slitting line.

Softening Demand Forces U. S. Steel to Idle Blast Furnaces

19 June 2019 - United States Steel Corporation is idling three blast furnaces — two in the U.S. ¬— on account of receding demand.

World Steel Dynamics: The Blast Furnace Isn’t Dead Yet

18 June 2019 - As U.S. mini-mills install new capacity that will allow them to produce high-quality steels, some might argue the integrated producers are doomed. But that’s not necessarily so, said World Steel Dynamics founder and managing partner Peter Marcus.