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Converter Steelmaking

News about the production of steel using basic oxygen converters.

Latest News

SAIL to Regain Position as India's Leading Producer

21 September 2017 - The Steel Authority of India (SAIL) is preparing to blow in its newest blast furnace – and reclaim its spot as the country’s No. 1 steel producer, reports the Business Standard newspaper.

ArcelorMittal's Indiana Harbor Benefits From Capital Investment Increase

15 September 2017 - In a bid to improve efficiency and productivity, ArcelorMittal USA is increasing its capital spending. And many of the investment dollars have flowed into its sprawling Indiana Harbor facility in East Chicago, Ind.

Danieli Receives Order for Four New Blast Furnaces

31 August 2017 - Danieli Corus has won a contract to build the primary end of a new steel mill in Vietnam. 

Algoma Blast Furnace Stove Rebuild Underway

25 August 2017 - Canadian steelmaker Algoma has begun rebuilding one of the four stoves serving the blast furnace at its Sault Ste. Marie, Ont., plant. 

RINL Gains Capacity Through Steel Shop Overhaul

14 August 2017 - India’s Rashtriya Ispat Nigam Ltd. (RINL) has completed a US$62.4 million overhaul of the No. 1 steel shop at its Visakhapatnam Steel Plant.

Danieli Contracted for Russian Blast Furnace Reline

07 August 2017 - Danieli Corus has been awarded a contract to reline the No. 1 blast furnace at Russia’s Magnitogorsk Iron & Steel Works.

U. S. Steel Posts US$162 Million Profit in Second Quarter

26 July 2017 - United States Steel Corporation swung to profitability in the second quarter on higher average steel prices. 

AK Steel Sets Maintenance and Project Outages at Mansfield, Middletown Facilities

26 July 2017 - AK Steel said it is investing US$26 million in the third quarter in upgrades to its Mansfield and Middletown Works in Ohio.  

Vietnamese Steelmaker Orders Two New Converter Shops

26 July 2017 - A consortium made up of SMS group and WISDRI Engineering & Research Inc. Ltd. has won an order for two steel shops from Vietnam’s Hoa Phat Group, SMS group has announced. 

GFG Alliance Prevails in Effort to Buy Australian Steelmaker

05 July 2017 - After revising an earlier offer, metals entrepreneur Sanjeev Gupta and his family’s alliance of businesses have landed a binding agreement to acquire Australian iron ore miner and steelmaker Arrium. 

South Korean Consortium Prevails in Bidding on Australian Steel, Iron Ore Producer

16 June 2017 - A consortium led by a South Korean private equity firm has been declared the preferred bidder for Australian iron ore miner and steelmaker Arrium, the company’s financial administrator has announced. 

ArcelorMittal, Italy Reach Binding Agreement on ILVA Acquisition

16 June 2017 - ArcelorMittal and partner Marcegaglia said on Friday that they have reached a binding agreement with the Italian government on a plan to acquire ILVA. 

Judge OKs Stelco Sale

09 June 2017 - A Canadian judge approved Stelco’s restructuring plan and sale to U.S. investment firm Bedrock Industries Group on Friday, a decision that will allow the steelmaker to emerge from creditor protection as a standalone business. 

Steelworkers Ratify New Labor Agreement with Stelco Acquirer

07 June 2017 - Members of the United Steelworkers union have accepted a new labor deal with the buyer of Canada’s Stelco, clearing the way for it to emerge from creditor protection. 

Italian Government OKs ILVA Sale to ArcelorMittal-Led Group

06 June 2017 - A consortium led by ArcelorMittal has won the right to acquire Italy’s ILVA and its Taranto works, Europe’s largest steel facility. 

A Steel Works Opens in India, and Another On the Way

02 June 2017 - India’s JSW Steel has won approval from the state of Odisha to build a US$7.8 billion steel works, reports the Indian newswire IANS. 

Two Submit Final Offers for Australian Steel Company

31 May 2017 - A steel producer and a private equity firm have submitted final bids for Australia’s Arrium Ltd., which collapsed into administration last year, according to the Reuters news agency. 

Stelco Takes Another Step Toward Completing Sale

31 May 2017 - Members of the United Steelworkers union are getting their first look at tentative labor agreements between their locals and the investment firm looking to buy Canada’s Stelco, reports The Hamilton Spectator newspaper. 

The World's Biggest Steelmaker May Win Europe's Largest Steel Works

30 May 2017 - ArcelorMittal and steel re-roller Marcegaglia have been named the preferred bidders for Italy’s ILVA steel works, reports the (London) Financial Times. 

Stainless Manufacturer Sees Capacity Boost Through Converter Project

30 May 2017 - Slovenian Steel Group’s Acroni facility has started up an EUR30 million argon-oxygen converter and de-dusting system, the equipment supplier on the project has announced. 

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