Converter Steelmaking
News about the production of steel using basic oxygen converters.
Latest News
Jingye Finalizes Purchase of British Steel
09 March 2020 - The Chinese steelmaker on Monday closed on its acquisition of British Steel’s facilities in the U.K. and the Netherlands, securing approximately 3,200 jobs.
ArcelorMittal Reaches New Deal on ILVA Steel Works
04 March 2020 - ArcelorMittal and the Italian government have agreed to revised terms governing the steelmaker’s acquisition of the ILVA steel works in Italy.
Jingye Group Ready to Finalize Conditional Acquisition of British Steel
03 March 2020 - China’s Jingye Group is set to finalize its planned acquisition of British Steel and expects to close on at least a part of the business next week, the company said on Tuesday.
Cleveland-Cliffs Expects March Close for AK Steel Acquisition
21 February 2020 - Cleveland-Cliffs’ planned acquisition of AK Steel Corp. has received approval from North American regulators and is expected to close in March, the company has announced.
SMS group to Replace North America’s Largest BOF
04 February 2020 - SMS group has secured an order to replace the 320-ton KOBM converter at ArcelorMittal Dofasco’s Hamilton, Ont., works.
Court Allows Ilva Blast Furnace to Remain in Service
10 January 2020 - The No. 2 blast furnace at ArcelorMittal’s Ilva steel works in Italy can keep operating, an Italian court has ruled, according to reports.
Monnet Ispat Eyes Restart
02 January 2020 - Indian steelmaker Monnet Ispat & Energy is to resume steel production this month following an extended outage for maintenance and upgrades, according the Business Standard newspaper.
U. S. Steel Accelerates Best of Both Strategy
20 December 2019 - United States Steel Corporation plans to indefinitely idle parts of its Great Lakes Works in Michigan next year as it advances its “best of both” strategy, through which it intends to narrow its operational focus to a few core integrated assets and expand into electric arc furnace steelmaking.
ArcelorMittal, Nippon Steel Look to Expand Essar Steel
16 December 2019 - ArcelorMittal and joint venture partner Nippon Steel Corp. have finalized their acquisition of Essar Steel India Ltd., completing a deal that gives both a foothold in the growing Indian steel market.
North American Stainless Completes Steel Shop Upgrade
22 November 2019 - North American Stainless has issued the final acceptance certificate on a new torque retainer installed on the No. 1 AOD converter at its Ghent, Ky., USA, mill.
Report: ArcelorMittal Would Return to Ilva…But With Conditions
18 November 2019 - With a few conditions, ArcelorMittal reportedly would be willing to re-commit to its agreement to buy Italy’s Ilva and its Taranto works, according to the Reuters news service.
SSAB to Begin Process Route Shift
14 November 2019 - SSAB plans to replace two of its Swedish blast furnaces with an electric arc furnace and intends to be the first to bring a fossil-fuel-free steel to the market, company officials announced during the annual Swedish Steel Prize event this week in Stockholm.
ArcelorMittal Halting Polish Blast Furnace, Steel Shop
14 November 2019 - After delaying plans to temporarily idle the blast furnace and steel shop at its Krakow works, ArcelorMittal Poland is now moving ahead, saying that a softening steel market is forcing its hand.
Jingye Steel Enters Agreement to Buy British Steel
13 November 2019 - China’s Jingye Group has struck an agreement to acquire long steel manufacturer British Steel Ltd., ending months of uncertainty about its future.
Italian PM Promises to Block ArcelorMittal’s Ilva Exit
07 November 2019 - Italian Prime Minister Giuseppe Conte said he will not allow the world’s largest steelmaker to walk away from its agreement to acquire the country’s largest steel works and promised a vigorous court fight if it does.
ArcelorMittal to Withdraw from Ilva Acquisition
06 November 2019 - ArcelorMittal has given notice that it will hand back the keys to Italian steelmaker Ilva after Italy’s parliament rescinded its legal protections from environmental prosecutions.
Gupta Family Steel Mills to Unite Under One Flag, Liberty Steel Group
29 October 2019 - Sanjeev Gupta’s GFG Alliance will consolidate its steel operations into a single, global entity with 18 million metric tons of rolling capacity, Gupta announced Tuesday.
EAFs May Dominate in the U.S., But They Can’t Yet Replace BFs, Says Iron Ore Executive
23 October 2019 - Fears that U.S. blast furnaces face imminent extinction are “totally unrealistic,” the top executive at iron ore miner Cleveland-Cliffs Inc. said Wednesday.
Liberty House Revisits Bid for British Steel
23 October 2019 - Sanjeev Gupta’s Liberty House Group has renewed discussions about taking over financially troubled British Steel, the U.K.’s second-largest steel producer, according to Sky News.
U. S. Steel Announces Plan to Acquire Big River Steel
01 October 2019 - United States Steel Corporation is acquiring a stake in Arkansas-based Big River Steel for US$700 million in cash and will look to buy the rest of the business sometime in the next few years, the company announced Tuesday morning.
