Steel News

Nucor, JFE Steel Initiate Trial Production at New Galvanizing Facility

05 March 2020 - Nucor Corp. and joint venture partner JFE Steel Corp. have started up their hot-dip sheet galvanizing facility in central Mexico, Nucor announced Thursday.

ArcelorMittal Reaches New Deal on ILVA Steel Works

04 March 2020 - ArcelorMittal and the Italian government have agreed to revised terms governing the steelmaker’s acquisition of the ILVA steel works in Italy.

SAIL Rourkela Rolls Out First Coils on New Strip Mill

04 March 2020 - A new hot strip mill at the Steel Authority of India Ltd.’s Rourkela Steel Plant produced its first coils just two days after the start of hot trials, according to the company that supplied the rolling equipment.

Jingye Group Ready to Finalize Conditional Acquisition of British Steel

03 March 2020 - China’s Jingye Group is set to finalize its planned acquisition of British Steel and expects to close on at least a part of the business next week, the company said on Tuesday.

SDI Deepens Its Scrap Stream for Texas Mill

02 March 2020 - Steel Dynamics Inc. is locking up additional scrap supply to feed its planned flat-rolled mill in Texas, announcing Monday that it is acquiring a Monterrey, Mexico-based scrap processor.

U. S. Steel Buys Out Partner in Joint Venture Mill

02 March 2020 - United States Steel Corporation has acquired the remaining 50% share in its USS-POSCO Industries (UPI) joint venture, the company said on Sunday.

Nucor Mill Adds Lime Injection to Two Furnaces

28 February 2020 - Nucor Corp. recently commissioned a new pneumatic lime injection system at its facility in Plymouth, Utah, USA , reports EAF equipment manufacturer MORE s.r.l

Tata Steel Launches North American Sales of New Steel Grade

25 February 2020 - An Indiana-based distributor has launched sales of a new abrasion-resistant grade from Tata Steel in North America and Brazil.

ANDRITZ Nabs Order for Galv Line Furnace

25 February 2020 - South Korea’s Hyundai Steel will install a new ANDRITZ SELAS Direct-Fired Furnace (DFF) later this year, the equipment supplier has announced.

OMK Awards Danieli Contract for Special Bar and Light Sections Mill

25 February 2020 - Russian steelmaker OMK has contracted Danieli to build a new bar and light sections mill as it looks to further cement its leadership in the spring steel flats business.

North Star Expansion: So Far, So Good, CEO Says

24 February 2020 - North Star BlueScope Steel’s expansion of its Ohio sheet mill is on schedule and progressing well, BlueScope managing director and chief executive Mark Vassella said Monday.

Severstal Invests RUB11 Billion in New Long-Range Wire Mill

24 February 2020 - PAO Severstal is investing the equivalent of US$168.4 million in a new wire mill at its Cherepovets Steel Mill, the Russian steel producer has announced.

Cleveland-Cliffs Expects March Close for AK Steel Acquisition

21 February 2020 - Cleveland-Cliffs’ planned acquisition of AK Steel Corp. has received approval from North American regulators and is expected to close in March, the company has announced.

JSW Steel Issues Final OK on Rolling Mill Improvements

21 February 2020 - JSW Steel has issued the final acceptance certificate on an improved bar rolling mill at its Salem plant in the Indian state of Tamil Nadu, reports project contractor Primetals Technologies.

GFG Alliance Plans Upgrades to European Mills

20 February 2020 - Family-owned international conglomerate GFG Alliance said it is prepared to invest the equivalent of US$2 billion in upgrades to its European mills as it looks to lower carbon emissions, reports the Reuters news service.

Report: Nucor Weighing US$300 Million Plant Investment

18 February 2020 - Nucor Corp. is considering its South Carolina sheet and beam mill, along with two other sites, for an unspecified multi-million dollar investment, reports The (Charleston, S.C.) Post and Courier newspaper.

GFG Alliance Enters Indian Steel Market Through Acquisition

18 February 2020 - GFG Alliance has acquired a distressed steelmaking operation in India for the equivalent of US$60 million in cash, giving the company its first foothold in the country.

JSW Steel Locks Up Substantial Iron Ore Reserves

18 February 2020 - JSW Steel has been officially declared the preferred bidder for more than a billion metric tons’ worth of iron ore reserves in India, the company said a stock exchange filing.

JFE Steel to Idle Some Plate Mills in Japan

18 February 2020 - Citing falling demand and slowing growth, JFE Steel has announced plans to idle parts of its plate-making operations in Japan, the Jiji Press news service reports.

New Details Emerge on North Star BlueScope Steel Expansion

14 February 2020 - The planned expansion of North Star BlueScope Steel’s Ohio facility will feature a 195-ton EAF with pressurized water-cooled roof and panels, reports the equipment supplier on the project.