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Commerce Department Sides with U.S. Cold-Rolled, Corrosion-Resistant Producers in Circumvention Case

18 May 2018 - Overseas producers were circumventing U.S. anti-dumping measures by converting Chinese-made, hot-rolled coils to corrosion-resistant and cold-rolled steel in Vietnam, the U.S. Commerce Department ruled on Thursday.

JSW Steel Reaches Deal to Acquire Italian Long Products Facility

18 May 2018 - JSW Steel has locked up a deal to acquire Italy’s struggling Aferpi long products mill from the Cevital Group, according to reports.

Union Partners Adds Another Service Center to Its Roster

17 May 2018 - Union Partners, a Chicago-based investment firm with a growing portfolio of steel and metals businesses, has acquired Contractors Steel for an undisclosed amount, the firm announced Thursday. 

NSSMC Takes a New Name – and New Orders, It Hopes

17 May 2018 - Japan’s Nippon Steel & Sumitomo Metal Corp. (NSSMC) is changing its name and will take a full stake in an affiliated company as it looks to reposition itself in the Pacific region and reclaim sales lost to Chinese competitors, reports the Nikkei Asian Review. 

Service Center to Set Up Shop at Nucor Steel-Arkansas

17 May 2018 - California-based service center Calstrip Industries Inc. is planning to build a 300,000-square-foot processing plant at Nucor Steel-Arkansas, an investment that will help support the new specialty cold rolling mill being installed there. 

Algoma, United Steelworkers Come to Terms on Tentative Labor Agreement

16 May 2018 - Canadian steelmaker Algoma has reached a tentative labor agreement with unionized workers, possibly clearing one of the last hurdles before its exit from creditor protection, reports The Salut Star newspaper in Ontario.  

Outokumpu Acquires Full Ownership in Joint Venture Mill

16 May 2018 - Finnish stainless producer Outokumpu is buying out its partner in its joint venture wire rod mill and will take full ownership of the facility.

thyssenkrupp-Tata Tie-Up on Track for June Signing

15 May 2018 - Germany’s thyssenkrupp expects to sign the agreement to merge its steel division with Tata Steel’s European strip business by the end of June, reports S&P Global Platts. 

SDI Expands Flat-Rolled Operation Through US$400 Million Acquisition

15 May 2018 - Steel Dynamics Inc. said it will acquire Companhia Siderurgica Nacional’s (CSN) coil processing operation in Terre Haute, Ind., USA, for US$400 million in cash. 

Nucor Sheet Mill to Receive US$240M Galvanizing Line

14 May 2018 - Nucor Corp. will build a US$240 million galvanizing line at its Arkansas sheet mill, where it already is installing a specialty cold rolling mill, and is weighing similar investments elsewhere, the company has announced.  

SAIL Completes Work on New Blast Furnace

14 May 2018 - Steel Authority of India Ltd. (SAIL) last week blew in a new and larger blast furnace at its Rourkela steel plant. 

Danieli Sees Continuing U.S. Investment

09 May 2018 - For Italian equipment manufacturer Danieli, stable steel consumption in Europe and the U.S. is leading to contracts for upgrades and modernizations. However, conditions haven’t been right for expansive, capital-intensive projects, said Danieli board chairman Gianpietro Benedetti.

Gerdau Rounds Out Michigan Mill Overhaul with US$70.3M Investment

09 May 2018 - Gerdau Specialty Steel North America said on Thursday that it will invest US$70.3 million in its Monroe, Mich., USA, meltshop.

Tata Steel Europe Puts Non-Core Businesses Up for Sale

09 May 2018 - Tata Steel Europe said it will look to divest five niche businesses so that it can focus its efforts on its strip steel operations.

Section 232 Tariffs Jeopardize European Steel Recovery, EUROFER Says

08 May 2018 - New investment and steel exports helped support healthy steel demand in the EU last year, but the U.S. Section 232 tariffs potentially could offset the gains, according to the European Steel Association (EUROFER).

SSAB Brings Third-Generation Automotive Steel to Market

08 May 2018 - Swedish steelmaker SSAB is rolling out a family of coated, third-generation advanced high-strength steels and has product ready for customer trials, the company announced Tuesday.

EU Regulators Sign Off on ILVA Sale

07 May 2018 - The European Commission has approved ArcelorMittal’s acquisition of Italy’s ILVA, clearing the way for the steelmaker to begin finalizing the deal.

AISTech Welcomes International Audience to Philadelphia

06 May 2018 - AIST is expecting more than 6,000 people to arrive in Philadelphia this week for AISTech 2018, marking the 15th installment of what is the world’s largest annual iron and steel technology event.

Grupo Simec Reaches Deal to Acquire Brazilian Long Products Mills

06 May 2018 - ArcelorMittal Brazil has struck a deal to sell two mills and wire drawing equipment to Mexican long products producer Grupo Simec, fulfilling an agreement with Brazilian competition regulators.

Ontario Contributes CA$22.7M to Dofasco Hot Mill Upgrades

06 May 2018 - ArcelorMittal Dofasco is planning to spend CA$151 million on upgrades to its Ontario hot mill in an effort to further its valued-added capabilities.

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