Converter Steelmaking
News about the production of steel using basic oxygen converters.
Latest News
Severstal Blast Furnace to be Retrofitted with New Charging System
18 May 2017 - SMS group’s Paul Wurth unit has won a contract to refurbish the No. 5 blast furnace at Severstal’s Cherepovets Metallurgical Plant in Russia, the equipment maker has announced.
Stelco Seeks Court Approval for Sale
08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.
Stelco Sale Wins Support of Salaried Employees
20 April 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.
Plans for Giant Steel Plant Put on Hold
18 April 2017 - Vietnam’s prime minister has stopped Hoa Sen Group’s massive $10.6 billion integrated steel plant to allow more time to study its feasibility and environmental impacts, reports Vietnam’s VnExpress newspaper.
Rebuilt Converter Resumes Production at POSCO Mill
11 April 2017 - POSCO has restarted a LD (BOF) converter at its Gwangyang plant following a project to modernize the approximately 30-year-old unit.
China's Hebei Steel Planning US$6B Mill Replacement
21 March 2017 - China’s largest steelmaking province has given the go-ahead to a US$6.2 billion project through which Hebei Steel Group will replace obsolete mills with new facilities – and cut capacity in the process, according to the Reuters news service.
POSCO Looks to Return Land for Indian Mill
20 March 2017 - South Korea’s POSCO is offering to surrender the acreage on which it had planned to build a US$12 billion integrated mill in India, a move that seems to put the final nail in the coffin on the long delayed project, according to reports.
Ontario Court Receives Stelco Restructuring Plan
14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.
Italian Government Receives Two Offers for Europe's Largest Steel Works
08 March 2017 - Two consortiums have submitted binding offers for Italy’s ailing Ilva steel group and its Taranto steel works, Europe’s largest steel plant., according to reports
With a Deal to Divest Its Brazilian Mill, thyssenkrupp Exits Steelmaking in the Americas
22 February 2017 - thyssenkrupp AG is ending its decade-long steelmaking venture in the Americas, agreeing to sell its integrated mill in Brazil to Latin American producer Ternium for US$1.33 billion (EUR1.26 billion).
U. S. Steel Allots $200 Million for Mill Projects
06 February 2017 - United States Steel Corp. said it will invest US$200 million in its mills during the next several years, reports The Times newspaper of northwest Indiana.
Essar Algoma CEO Blasts Parent Company's Request to Reopen Sales Process
03 February 2017 - Essar Steel Algoma chief executive Kalyan Ghosh issued a statement Friday criticizing his company’s corporate parent, calling it “opportunistic” for making another pass at the business during late-stage negotaions with a potential buyer.
Tata Steel May Add 2 Million Tons of Capacity to New Steel Works
30 January 2017 - A Tata Steel executive said the company will seek board approval for plans to expand a planned second phase of construction on its new Kalinganagar Works sometime by the midpoint of the year.
Kobe Steel Adds Caster and Expands Bloom Mill Capacity at Kakogawa Works
27 January 2017 - Kobe Steel Ltd. has installed a new continuous caster and expanded a bloom mill at its integrated Kakogawa Works in western Japan, enabling a 65.5 billion yen consolidation (US$570 million) of its steelmaking operations.
Judge to Union: Keep Strike Talk to Yourself
26 January 2017 - The judge presiding over Essar Steel Algoma’s creditor protection case has told union officials to refrain from speaking publicly about negotiations and possible labor actions, reports the local news website SooToday.com
Report: Serbian Mill Ends Seven Years of Losses
20 January 2017 - Less than a year after acquiring Serbia’s Zelezara Smederevo steel works, China’s Hesteel Group said it has returned the facility to profitability, reports Xinhua, China’s official news agency.
Great Lakes Iron Ore Shipments Increased in 2016
17 January 2017 - The Soo Locks, which are a vital link between Lake Superior and the other Great Lakes, have closed for annual maintenance, marking the end of the 2016 shipping season. And while overall cargo volumes were down, iron ore shipments increased 7.8 percent, reports the MLive news site.
New BOF on Order for Chilean Steel Mill
27 December 2016 - Chile’s Compania Siderurgica Huachipato S.A. has ordered a new basic oxygen furnace (LD converter) for its Talcahuano facility from Primetals Technologies.
Stelco Takes Another Step Toward Completing Restructuring
12 December 2016 - Canada’s Stelco Inc. said it will move ahead with plans to be sold to New York investment firm Bedrock Industries and will seek court approval for the deal.
Capacity Boost May Be in Store for Indonesian Steel Complex
08 November 2016 - Indonesia’s Krakatau Steel and South Korea’s POSCO are thinking about expanding their steelmaking assets in the Indonesian province of Banten, possibly adding 3 million to 4 million tons of capacity, reports the The Jakarta Post.
