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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Steelworkers, ArcelorMittal Get to Work on New Contract

24 July 2018 - Despite the overall health of the steel industry, the United Steelworkers union and ArcelorMittal USA appear to have some difficult bargaining sessions ahead of them as they begin work on a new labor contract, reports The Times newspaper of northwest Indiana. 

Steelmaker Places Order for Unmanned Crane System

23 July 2018 - POSCO ICT, the IT and engineering subsidiary of South Korean steelmaker POSCO, has signed an agreement to supply an autonomous crane system to a Chinese steel plant.

USW Kicks Off Contract Negotiations with U. S. Steel, ArcelorMittal

11 July 2018 - The United Steelworkers union has opened labor negotiations with United States Steel Corporation and ArcelorMittal USA, beginning the work to replace contracts that expire 1 September.  

Adjusting Strategy, JSW Steel Goes on the Hunt for Niche Producers

11 July 2018 - Having lost the bidding for several distressed assets, India’s JSW Steel is adjusting its acquisitions strategy and will look for smaller, niche producers, according to the Reuters news service.  

SeAH Returns Upgraded Converter to Service

11 July 2018 - South Korean stainless producer SěAH CSS has completed upgrades to the 100-ton converter at its Changwon mill, according to the contractor on the project. 

thyssenkrupp CEO Tenders Resignation

05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down. 

Big River Decides to Expand Arkansas Mill, Considers Additional Automotive Sheet Investment 

02 July 2018 - Big River Steel has decided to double down on its investment in Arkansas and expand its existing facility to 3.3 million tons annually. Meanwhile, it separately is considering whether to build an advanced coating line, the company has announced. 

Tata, thyssenkrupp Shake Hands on European Joint Venture

02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture. 

Steel Dynamics Closes on Acquisition of Sheet Processing Facility

02 July 2018 - Steel Dynamics Inc. has finalized its acquisition of the former Heartland Steel sheet processing plant from Companhia Siderurgica Nacional. 

Steel Dynamics Plans New Galvanizing Line for Mississippi Sheet Mill

28 June 2018 - Steel Dynamics Inc. plans to add a third galvanizing line to its Columbus, Miss., USA, sheet plant and make US$90 million to US$100 million in other improvements there.

Revised CAFE Standards Probably Won't Hurt Demand for Auto Steel

25 June 2018 - The Trump administration’s proposal to roll back the 2025 vehicle fuel economy standards likely won’t have a significant impact on the market for lightweight automotive steels, according to a Nucor Corp. official.

ArcelorMittal Launches Initiative Aimed at Improving Steel Building Design

21 June 2018 - The world’s largest steelmaker has created a program that aims to change the way builders think about steel in building construction. 

Idled U. S. Steel Blast Furnace Back in Production

21 June 2018 - United States Steel Corporation has restarted one of two idled blast furnaces at its Granite City Works in Illinois and is again producing hot metal.

Nissan to Expand Use of Advanced High-Strength Steel

21 June 2018 - Nissan Motors Co. Ltd. said it plans to use more advanced high-strength steel in its vehicles and aims to have the material account for 25% of components by weight.

SMS group Secures Orders for Finishing Blocks

21 June 2018 - SMS group has landed two separate orders for its MEERdrive PLUS finishing blocks from Italian wire rod producers Arlenico SpA and Feralpi Siderurgica SpA.

Tata Steel Modernizes Continuous Annealing Line

21 June 2018 - The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.

SSAB Sets Price Tag on Mill Fire at More Than US$10 Million

20 June 2018 - A transformer fire that damaged SSAB’s Hämeenlinna mill in Finland is expected to cost the company somewhere between SEK100 and SEK120 million (between US$11.2 million and US$13.5 million) in repairs and lost deliveries, the steelmaker said. 

NLMK Plans Improvements to Coke Facility

14 June 2018 - In a bid to improve coke quality, Russia’s NLMK Group said it will invest EUR57 million in process upgrades at its Altai-Koks facility. 

SAIL Celebrates Completion of Major Plant Upgrades

14 June 2018 - India Prime Minister Narendra Modi on Thursday visited the Steel Authority of India Ltd.’s Bhilai Steel Plant to mark the completion of company’s expansive modernization program. 

Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal

13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.  

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