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SMS group, Voith Team Up to Create IoT Solutions
09 July 2019 - Industry suppliers SMS group and Voith have struck up a partnership to cooperatively develop Industrial Internet of Things platforms.
voestalpine CEO Formally Hands Off Baton to Successor
08 July 2019 - voestalpine veteran Herbert Eibensteiner has taken the reins as the company’s new chief executive officer (CEO) and management board chairman.
Mississippi Lime Expands Through Acquisition
08 July 2019 - Mississippi Lime Co. is acquiring a Calera, Ala., lime processing facility for US$135 million in cash.
Potential Buyers Lining Up to Acquire British Steel
08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper.
Liberty Finalizes Acquisition of European Mills
02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.
Investors Look to Revive Former U. S. Steel Tube Mill
02 July 2019 - A group of investors has acquired a dormant tube mill in Bellville, Texas, and plan to resume production in the third quarter of this year.
Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan
27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.
Danieli Awarded Bar Mill Contract, Completes Upgrade to Wire Rod Plant
27 June 2019 - China's Minyuan Iron & Steel Group has ordered a high-speed, high-capacity rebar mill from Danieli, the equipment supplier has announced.
SDI Wins Tax Break for Mill Site
27 June 2019 - A Texas school board has greenlighted a tax incentive plan for Steel Dynamics Inc., seemingly clearing the way for a final decision on the steelmaker’s planned US$1.8 billion flat-rolled mill.
Nucor Steel–South Carolina Turns 50
27 June 2019 - With the help of elected officials and employees, Nucor Corp. this week marked the 50th anniversary of the start of its first electric arc furnace, celebrating an event that not only gave rise to the country’s largest steelmaker, but sparked a revolution in the way steel is made in the United States.
Danieli Tapped for Rolling Mill Upgrades
27 June 2019 - Peruvian steelmaker Corporacion Aceros Arequipa has awarded a contract to Danieli for two roughing mill stands, part of a second phase of upgrades to the plant.
U. S. Steel Names New CIO
27 June 2019 - United States Steel Corporation has promoted a 10-year veteran of its information technology division as chief information officer.
Alliance Steel Plans New Slitting Line
27 June 2019 - Gary, Ind.-based service center Alliance Steel Corp. has contracted Red Bud Industries for a heavy-guage slitting line.
Commercial Metals Sees Strength in Non-Res Construction, Completes Ramp-Up of New Mill
24 June 2019 - Buoyed by continuing strength in non-residential construction, long products maker Commercial Metals Company saw its fiscal third-quarter profits nearly double to US$78.4 million.
Tata Steel Caster Set for Upgrade
24 June 2019 - Tata Steel Ltd. has signed SMS group to upgrade the continuous caster at its Compact Strip Production mill in Jamshedpur, India, the equipment supplier has said.
ArcelorMittal Progresses on New Steel CSR Certification
24 June 2019 - ArcelorMittal said Monday that it expects to launch its new corporate social responsibility certification by the end of the year.
Nucor Still Bullish on 2019
20 June 2019 - Although U.S. steelmakers might not be experiencing the degree of activity that came with the 2018 boom, the steel industry’s momentum nevertheless has carried forward, and 2019 should prove to be a solid year, said Nucor chairman and chief executive John Ferriola.
Millett: Recent Mill Investments Will Help Keep Industry Competitive
18 June 2019 - Steel Dynamics Inc. chief executive Mark Millett swatted down criticisms of the U.S. steel industry’s recent spate of capital investments, saying that revitalizing assets and implementing new technologies is critical to surviving in a global marketplace.
Jindal: Urbanization Will Generate Big Growth in Indian Steel Demand
18 June 2019 - India will need more than 300 million tons of steelmaking capacity to support a forecasted rise in steel demand over the decade, said JSW Steel chairman and managing director Sajjan Jindal.
World Steel Dynamics: The Blast Furnace Isn’t Dead Yet
18 June 2019 - As U.S. mini-mills install new capacity that will allow them to produce high-quality steels, some might argue the integrated producers are doomed. But that’s not necessarily so, said World Steel Dynamics founder and managing partner Peter Marcus.
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