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Stelco Looks to Acquire Stake in Iron Ore Mine

01 May 2020 - Stelco is buying an option on a 25% stake in United States Steel Corporation’s Minntac iron ore mine and has signed a new contract to buy pellets from the steelmaker over the next eight years. 

Tenaris Begins Restart of Italian Plants

01 May 2020 - Pipe and tube maker Tenaris is gradually restarting its Italian operations, but with strict safety measures firmly in place, the company reports.  

AISI Confident Infrastructure Funding to be Part of COVID-19 Relief

01 May 2020 - Infrastructure funding should be a part of a COVID-19 relief, and will likely be so, American Iron and Steel Institute chief executive Tom Gibson tell S&P Global Platts.  

As China’s  Economy Reopens, Steel Inventories Begin to Fall 

30 April 2020 - China has started to work down its record steel inventories that built up during the country’s coronavirus lockdown, according to the World Steel Association.  

Despite Market Difficulties, JSW Steel Presses On With U.S. Improvements

30 April 2020 - JSW Steel’s U.S. operation is advancing efforts to upgrade its mills in Ohio and Texas, reports commodities news and pricing service Argus. 

Gerdau Certifies Danieli-Led Furnace Upgrade

30 April 2020 - Gerdau has signed off on an upgrade to a furnace at its Divinopolis plant in Brazil, reports Danieli, the project contractor. 

Former Obama Administration Official Named to U. S. Steel Board 

30 April 2020 - United States Steel Corporation has elected former U.S. Homeland Security Secretary Jeh C. Johnson to its board of directors.

POSCO Commissions New Coiler at Hot Strip Mill

28 April 2020 - POSCO’s Gwangyang works in South Korea recently wound the first coils on a newly installed coiler at its No. 4 hot strip mill.  

Ovako Successfully Heats Steel in Hydrogen-Fueled Furnace   

28 April 2020 - Sweden-based engineering steel producer Ovako has successfully trialed the use of hydrogen as combustion source in a production furnace, marking an industry first, the company reports. 

Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel 

28 April 2020 - The Nikkei Asian Review is calling it:  Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker. 

Steel Production Fell in March. Here’s How Much. 

27 April 2020 - Global crude steel production fell approximately 6% in March, but a more precise reading won’t be available for another month, according to the latest production tally from the World Steel Association. 

FOERSTER Instruments Expands Portfolio 

24 April 2020 - Non-destructive testing equipment maker FOERSTER Instruments Inc. is adding to its inspection offerings through a new representation agreement, the company has announced. 

MMK Contracts Danieli for EAF Technology Suite 

24 April 2020 - Russia’s Magnitogorsk Iron & Steel Works (MMK) is outfitting its No. 2 electric arc furnace with Danieli’s Q-MELT process control technology, the equipment supplier has announced. 

SDI: No Changes Yet to Texas Mill Construction Schedule

21 April 2020 - Steel Dynamics Inc. (SDI) said it continues to aim for a mid-2021 start-up of its new Texas sheet mill, but will re-evaluate that goal as the year progresses.  

Primetals Technologies Gets the Nod for New Tandem Cold Mill

21 April 2020 - Primetals Technologies has bagged an order for a 6-stand tandem cold mill to be built in China’s Hebei province, the company announced Tuesday. 

Tenova Announces Business Reorganization, Leadership Changes

20 April 2020 - Metals and mining equipment manufacturer Tenova is reorganizing, naming Roberto Pancaldi as the company’s chief executive officer and appointing former chief executive Andrea Lovato to the helm of its TAKRAF mining and bulk materials handling equipment business. 

Nippon Steel Explores Quantum Computing

20 April 2020 - Nippon Steel Corp. has begun collaborating with a developer of quantum software, the developer has announced. 

Nucor Chooses Danieli for Plate Mill Cranes 

17 April 2020 - Nucor Corp. has contracted Danieli to supply the meltshop cranes for its Brandenburg, Ky., USA, plate mill. 

Outokumpu Names New Chief Executive

17 April 2020 - Finnish stainless steel producer Outokumpu has named board vice chairman Heikki Malinen to succeed president and chief executive Roeland Baan, who is resigning to take a leadership position outside the company. 

LIBERTY Steel Sets Management Board, Names U.S. Leadership

16 April 2020 - LIBERTY Steel Group has assembled a board of directors to steer the business and named two industry veterans to oversee operations in Europe and the U.S. 

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