Converter Steelmaking
News about the production of steel using basic oxygen converters.
Latest News
U.S. Steel Canada, Essar Algoma Mills Won't Shut in Proposed Merger, Says Investment Firm
22 June 2016 - The investment firm planning to buy Canada’s Essar Steel Algoma has confirmed that it also is bidding on U.S. Steel Canada and intends to merge the two steelmakers, reports The (Toronto) Globe and Mail newspaper.
Billiton Forecasts Increased Demand for Coking Coal
21 June 2016 - BHP Billiton Ltd. said it believes that a rise in steel production from emerging economies – India’s economy especially – will drive long-term demand growth for coking coal, reports the Bloomberg news service.
U. S. Steel Investigating Incident at Edgar Thomson Plant
21 June 2016 - Firefighters were summoned to a fire at United States Steel Corp.’s Edgar Thomson plant on Monday evening, according to reports.
Tata Steel Might Break Up U.K. Business
20 June 2016 - Tata Steel announced in March that it would look to exit the United Kingdom and sell its strip business there, saying that it no longer saw a profitable future for the operation. Later, though, reports emerged that it may hold onto the business after all.
Report: Investment Firm Hopes to Merge the former Stelco, Essar Steel Algoma
20 June 2016 - A New York-based private equity firm has plans to acquire two ailing Canadian steelmakers and merge the businesses, reports The Hamilton Spectator newspaper.
Essar Steel Algoma Accepts Sale Bid From Investment Firm, Lenders
17 June 2016 - A consortium made up of an American private equity firm and a group of lenders has reached an agreement to acquire Essar Steel Algoma, the Canadian steelmaker announced on Friday.
China Acquisition of Unprofitable Serbian Mill Undermines Efforts to Reduce Global Overcapacity, Says EUROFER
17 June 2016 - As Chinese President Xi Jinping visits Serbia this week, the European Steel Association is raising objections over the sale of Serbia’s largest steel mill to a state-owned producer in China.
Investors, Steelmakers Express Early Interest in Australia-Based Arrium
16 June 2016 - POSCO and several investment firms from the U.S. and the U.K. reportedly are kicking the tires on Australia’s Arrium Group, which was placed into voluntary administration earlier this year.
Two Potential Buyers Said to Have Bids on U. S. Steel Canada
15 June 2016 - A private equity firm and an industrial conglomerate have entered the final stage of bidding for U. S. Steel Canada, which is operating under creditor protection as it seeks a buyer, reports The Hamilton Spectator newspaper.
Essar Steel Algoma Reconsiders Sale, Might Restructure From Within Instead
14 June 2016 - Canada’s Essar Steel Algoma Inc., which is operating under creditor protection as it looks for a buyer, said it is now exploring whether to reorganize on its own, reports The (Toronto) Globe and Mail newspaper.
Contract Award Probably Spells the End for Essar Steel Minnesota Project
13 June 2016 - ArcelorMittal’s new long-term pellet supply agreement with iron ore miner Cliffs Natural Resources is likely the "final nail in the coffin" for the Essar Steel Minnesota taconite project, says a columnist for the Minneapolis Star Tribune.
Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture
13 June 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.
ArcelorMittal Plans to Overhaul Continuous Casters at Spanish Mill
10 June 2016 - SMS group has won a contract to overhaul two continuous slab casters at an ArcelorMittal sheet mill in Spain, the company has announced.
Report: Tata Pushes Back Decision on Sale of U.K. Business
09 June 2016 - Tata Steel apparently is going to give itself more time to consider the fate of its struggling U.K. business, extending the timeline for naming a preferred bidder for the operation, reports the (London) Financial Times.
Cliffs Natural Resources Moves Up Restart Schedule for Idled Mine
09 June 2016 - Iron ore miner Cliffs Natural Resources will reopen an idled Minnesota mine two months sooner than planned after securing third- and fourth-quarter orders from a new customer, the company announced on Thursday.
Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving
03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.
ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement
31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.
New Cooling Stack On Order for Pilot Process Plant
24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.
Steel Industry Urged to Embrace Innovation, and Quickly
17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.
AIST's Annual Trade Show to See One of Its Best Turnouts
15 May 2016 - More than 7,500 people are expected to attend the Association for Iron & Steel Technology’s annual conference and exposition, AISTech, which informally opened Sunday in Pittsburgh, Pa.
