Steel News

Steel Dynamics Takes One to the Snout

21 July 2017 - A bad line component forced Steel Dynamics Inc.’s (SDI) new Galvalume and paint lines to go down in the second quarter, contributing to an estimated US$30 million impact on earnings, SDI chief executive Mark Millett said on Thursday.

U.S. Commerce Department Affirms Rebar Tariffs

21 July 2017 - The U.S. Department of Commerce on Friday set final antidumping margins of 3.5% on imported rebar from Taiwan.

Red Bud Ships Processing Line to Service Center

21 July 2017 - Red Bud Industries recently shipped one of its precision blanking lines to Atlanta, Ga.-based Conklin Metal Industries, a steel service center and distributor of HVAC and duct fabrication supplies.

Nucor Awards Galvanizing Line Contract to SMS group

20 July 2017 - Nucor Corp. has awarded the contract for its planned US$176 million Kentucky galvanizing line to SMS group, the equipment supplier said on Thursday.

This Is Heavy News: Mechel Casts a 50-Metric-Ton Ingot

20 July 2017 - Mechel PAO’s Chelyabinsk works in Russia has cast its first 50-metric-ton ingot, officially marking its entry into the oversized special steel market.

Steelmakers Nearing Agreement on Establishing New Cold Mill

20 July 2017 - The Steel Authority of India (SAIL) and ArcelorMittal are closing in a joint venture cold mill that would produce automotive steel, reports the Press Trust of India.

Direct Quenching System Now in Service at Nucor Mill

19 July 2017 - Nucor Corp.'s Tuscaloosa, Ala., plant has put a Danieli direct quenching system into service, the equipment supplier said on Wednesday.

Planned Outage Impacts Quarterly Production At EVRAZ North America

19 July 2017 - EVRAZ North America's crude steel production fell 8.3% between the first and second quarters of 2017 on account of a project outage.

SMS Delivers Caster to New Billet Plant

19 July 2017 - SMS Concast has supplied a 6-strand caster to a greenfield steel plant in the Iranian province of Yazd, the company said Wednesday.

Welded Tube Manufacturer Acquiring Ohio Company

17 July 2017 - Ohio-based Phillips Tube Group is acquiring another Ohio welded tube manufacturer and consolidating operations into its current facilities, reports The (Lisbon, Ohio) Morning Journal.

Commissioning Underway on New PCI Units at Russian Blast Furnaces

17 July 2017 - Blast furnace specialist Paul Wurth and Russia’s NLMK Group have begun commissioning new pulverized coal injection units at the steelmaker’s Lipetsk works.

Polytec Wins Order for Meltshop Robots

17 July 2017 - Two European steelmakers have awarded contracts to industrial robotics manufacturer Polytec S.r.l. to automate production steps.

Chinese Steelmaker Puts Fives Bar Straightener on Order

17 July 2017 - Russian equipment manufacturer Fives has won an order for a Bronx straightening machine from Baosteel Special Metals Shaoguan in China.

Report: No Deal Yet on Closed Wire Rod Mill Acquisition

11 July 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier.

Kobe Steel Completes Expansion of Wire Rod Processing Plant

11 July 2017 - Kobe Special Steel Wire Products (Pinghu) Co. Ltd. has started up new pickling unit at its cold-heading quality wire plant in the Chinese province of Zhejiang.

Galvanizer Plans South Carolina Facility

11 July 2017 - A fabricated steel products galvanizer plans to build a US$14.1 million facility in South Carolina, the South Carolina Department of Commerce said on Tuesday.

Liberty House Acquires Two Tata Pipe Mills

11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.

Steel Distributor Expands Processing Capabilities

11 July 2017 - Stainless and specialty alloy distributor United Performance Metals has installed a new edging line at its Hamilton, Ohio, USA, headquarters and has added edging and slitting capabilities to its La Mirada, Calif., facility, the company has announced.

British Steel Blast Furnace Knocked Off-Line

07 July 2017 - A technical problem has forced British Steel to shut down one of its two operating blast furnaces, reports news and pricing service Platts.

Midrex: DRI Production Remained Stable in 2016

06 July 2017 - Global production of direct reduced iron was flat in 2016, despite the industry downturn that occurred in late 2015 and early 2016, according to data maintained by Midrex Technologies Inc.