Steel News

Major Chinese Steelmaker Sees Slowing Demand on the Way

25 April 2019 - Baoshan Iron & Steel Co., the listed portion of China’s largest steelmaker, sees both slowing domestic demand and rising output this year, leading some to question whether mills will again ship excess production into foreign markets and flood them, according to news reports.

British Steel Names New CEO

25 April 2019 - Gerald Reichmann has taken the reins of British Steel as its new chief executive officer, the company has said.

Portuguese Rolling Mill Slates Major Upgrade for 2020

11 April 2019 - Long products producer Megasa Group has announced a major modernization project at its SN Seixal rolling mill in Portugal, according to the supplier on the project.

SSAB Eyes Lifting Machine Market for New High-Strength Grade

11 April 2019 - SSAB has introduced a new grade of hot-rolled strip grade designed for applications that require welded joints, particularly lifting equipment.

Paul Wurth to Participate in Blast Furnace Overhaul

11 April 2019 - Russia’s PAO MMK has contracted blast furnace specialist Paul Wurth for a rebuild of an 87-year-old blast furnace at its Magnitogorsk works.

Universal Stainless Celebrates US$10 Million Upgrade

09 April 2019 - Universal Stainless and Alloy Products Inc. has officially unveiled US$10 million worth of improvements to its Dunkirk, N.Y., facility.

Japan's Steelmakers Raise Mandatory Retirement Age

09 April 2019 - Japan’s aging population has created ever-present labor shortages for employers, but four Japanese steelmakers have found one workaround: keep the employees they have longer.

Nucor Progresses on Danieli Micro-Mills

09 April 2019 - Danieli said it has begun manufacturing equipment for Nucor Corp.’s planned micro-mill in Florida as work progresses on the company’s other such facility in Missouri.

Nippon Steel Adopts a New Name — and a Strategy Focusing on Overseas Growth

04 April 2019 - As it aims to further expand its overseas operations, Nippon Steel & Sumitomo Metal Corp. has officially changed its name to Nippon Steel Corp.

ArcelorMittal Launches Hydrogen Research Initiative

04 April 2019 - ArcelorMittal will undertake a research and development project that aims to reduce its carbon footprint through the use of hydrogen.

NLMK Reheat Furnace Replacement Moves Ahead

04 April 2019 - NLMK Group is progressing on installation of a new RUB4.4 billion (US$67.5 million) reheat furnace at its Lipetsk plant in Russia, the steelmaker said on Wednesday.

Salzgitter, Tenova to Collaborate on New DRI-EAF Production Route

04 April 2019 - Salzgitter AG and Tenova have agreed to work together on a project that eventually will shift Salzgitter’s production route away from blast furnaces.

Tata Steel Blast Furnace Returns to Service

04 April 2019 - The No. 5 blast furnace at Tata Steel’s Port Talbot works in the U.K. is again producing hot metal following a revamp of the unit.

Report: Tata, thyssenkrupp Offer List of Assets to Sell, Hope to Satisfy Competition Concerns

04 April 2019 - Tata Steel and thyssenkrupp are willing to divest assets in Belgium, Spain and the U.K. to win anti-trust approval for their proposed European int venture, reports the Bloomberg news service.

AltaSteel Completes Major Electrical System Upgrade

01 April 2019 - Canadian merchant bar manufacturer AltaSteel has upgraded switchgear at its Edmonton, Alberta, plant, according to the equipment supplier on the project.

Danieli Receives Performance Certificate on Texas EAF Upgrade

29 March 2019 - Gerdau Long Steel North America’s Midlothian, Texas, mill has completed an upgrade to its B furnace and issued the final acceptance certificate, according to the technology supplier on the project.

Here's Where Nucor Will Build Its New Plate Mill

28 March 2019 - Nucor Corp. will build its planned US$1.35 billion plate mill along the Ohio River in Kentucky, the steelmaker said on Wednesday.

Big River Chooses Technology Supplier for Arkansas Expansion

25 March 2019 - SMS group has locked up a contract to expand Big River Steel’s flex mill in Arkansas, the equipment supplier said on Monday.

CMC Sees Q2 Profits Increase; Eyes Investments in New Rebar Facilities

22 March 2019 - Scrapper and long steel manufacturer Commercial Metals Company saw its second-quarter profits rise despite lower scrap prices and shipments, the company reported.

To Recruit and Retain Workers, U. S. Steel Sweetens Benefits Package

22 March 2019 - United States Steel Corporation is rolling out an enhanced benefits package for nonunion employees, offering up to eight weeks of paid parental leave, domestic partner health insurance coverage and extended bereavement leave.