Converter Steelmaking
News about the production of steel using basic oxygen converters.
Latest News
Two JSW Steel Blast Furnaces Returned to Service
22 February 2016 - India’s JSW Steel has re-commissioned two idled blast furnaces and is preparing to relight a third, according to reports.
Ukraine's No. 1 Exporter Is a Steelmaker
19 February 2016 - Forbes Ukraine magazine has named ArcelorMittal Kryvyi Rih as the country’s leading exporter during 2015.
Italy's Riva Group Moves to Block Sale of its Former Steel Facilities
08 February 2016 - The company that owned Europe’s largest steel works is trying to stop a government sale of the facility and others, according to Italian news agency ANSA.
United Steelworkers Rank-and-File Accept Labor Agreement With U. S. Steel
01 February 2016 - The United Steelworkers union has ratified a three-year labor contract with United States Steel Corporation, the union has announced.
U. S. Steel Posts US$1.5B Loss in 2015
27 January 2016 - 2015 will go down as a significant year for United States Steel Corporation, but for the wrong reasons: the integrated steelmaker posted a net loss of US$1.5 billion on the year, illustrating the difficult market conditions the company and other steelmakers are facing.
Accounting Charges, Mill Idling Costs Help Sink AK Steel's 2015 Earnings
26 January 2016 - Although sales and shipments rose in 2015, U.S.-based AK Steel Corp. lost US$510.7 million on the year after writing off investments in its iron ore and incurring costs to idle its Ashland, Ky., steel works, the company has announced.
India Steps Back From POSCO Mill Project
22 January 2016 - The Indian government has set aside plans to establish a steel mill in partnership with South Korea’s POSCO, and will now focus on other projects with ArcelorMittal, reports The Times of India.
Essar Steel Algoma to Begin Shopping Itself Around
20 January 2016 - Canada’s Essar Steel Algoma is to begin searching for a buyer or major investor in its Sault Ste. Marie, Ont., integrated mill, reports the online publication SooToday.com.
Primetals Wins Order for Two Continuous Casters
14 January 2016 - China’s Shandong Iron & Steel Group Rizhao Co. Ltd. has ordered two twin-strand continuous slab casters from Primetals Technologies, the company has announced.
U. S. Steel Canada Gets the Go-Ahead to Initiate a New Sales Process
13 January 2016 - A Canadian court has signed off on U. S. Steel Canada Inc.’s plan to try, for a second time, to find a buyer, according to The Hamilton Spectator newspaper.
U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors
11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.
U. S. Steel's Day in Court Coming on USSC Debt Claims
07 January 2016 - Attorneys for United States Steel Corporation are due in a Canadian court next week, where they will argue that $2.2 billion in debt claims on the company’s Canadian operation are valid – over the objections of a labor union, active and retired salaried employees, and local and provincial governments, according The Hamilton (Ontario) Spectator newspaper.
AK Steel, Steel Dynamics Expecting Low-Cost Imports to Weigh Down Fourth-Quarter Results
18 December 2015 - AK Steel Corp. said it expects to report a greater-than-anticipated net loss of between 33 cents and 38 cents per share in the fourth quarter, due in part to costs associated with idling its Kentucky blast furnace.
AK Steel to Begin Winding Down Ashland Works
14 December 2015 - AK Steel Corp. is to begin sending home employees at its Ashland, Ky., USA, works Christmas week, according to the Dayton Daily News.
U. S. Steel's Granite City Works To Close in Mid-February, Union Official Says
11 December 2015 - United States Steel Corporation will begin winding down its Granite City Works in Illinois later this month, with workers beginning to be sent home on 27 December, according to the Belleville News-Democrat newspaper.
Court Dismisses Lawsuit Against Essar Steel Algoma
04 December 2015 - A U.S. federal court has dismissed an iron producer’s lawsuit against Essar Steel Algoma, the company has announced.
U. S. Steel Announces Management, Organizational Changes to Flat Rolled Division
01 December 2015 - United States Steel Corporation is reorganizing the reporting structure for its flat rolled division, creating three commercial entities that will oversee operations at their respective plants.
With Steelmaking Still Months Off, Tata Steel Dedicates New Integrated Plant
18 November 2015 - Tata Steel has inaugurated its new 6-million-metric-ton integrated steelworks in India, even though it will be a few more months before steelmaking begins.
SSAB Completes Blast Furnace Modernization, Puts New BOF Converter Into Production
11 November 2015 - The first of three new BOF (LD) converters at SSAB Europe’s Raahe, Finland, works has been placed into production, according to the vendor on the project.
With Debt Payment Coming Due, Essar Steel Algoma Files for Creditor Protection
09 November 2015 - Canada’s Essar Steel Algoma Inc. has filed for creditor protection under Companies' Creditors Arrangement Act (CCAA), marking its second round of debt restructuring in recent years.
