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Converter Steelmaking
News about the production of steel using basic oxygen converters.
Latest News
Paul Wurth Secures Contracts to Outfit New Blast Furnace
08 November 2016 - EVRAZ has awarded contracts to blast furnace engineering firm Paul Wurth for equipment associated with the new blast furnace at the steelmaker’s Nizhny Tagil plant in Russia.
Report: Tata Might Retain U.K. Steel Business
04 November 2016 - The Tata Group is to decide the fate of its U.K. steel business within the next four weeks, but is leaning toward retaining the operation, reports The Guardian newspaper.
U. S. Steel Records Q3 Profit, Reaches Agreeement on Stelco Sale
01 November 2016 - United States Steel Corp. posted a third-quarter profit of US$51 million and has agreed to sell the former Stelco to a private investment firm, the company announced on Tuesday.
Goncalves: Cliffs Determined to Build DRI Plant
27 October 2016 - Saying that his company's future growth will depend on its ability to supply America's electric arc furnaces, Cliffs Natural Resources chief executive Lourenco Goncalves promised to build a direct reduction plant somewhere in the Great Lakes region.
German Steelmaker in Talks to Sell Brazilian Plant
25 October 2016 - thyssenkrupp might sell its Brazilian steel plant, Companhia Siderúrgica do Atlântico, to Latin American steelmaker Ternium, according to The Wall Street Journal.
Tata Steel Opens Pension Talks with Labor Representatives
26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.
Essar Algoma Lenders, Bondholders Set Recapitalization Plan
23 September 2016 - A majority of Essar Steel Algoma’s term lenders have settled on a recapitalization plan with the company’s bondholders, the Canadian steelmaker has announced.
Investment Firm Takes a Step Toward Acquiring U.S. Steel Canada
23 September 2016 - The Ontario provincial government and an American investment firm have set broader terms of a restructuring plan for U. S. Steel Canada Inc., which has been operating under creditor protection for two years.
Union Workers at Republic Steel Ratify Labor Agreement
19 September 2016 - Members of the United Steelworkers have ratified a new, three-year labor agreement with Republic Steel, the union has announced.
Blaming Soft Plate Market, Essar Algoma Cuts Workforce
06 September 2016 - Canada’s Essar Steel Algoma is laying off more than six dozen employees owing to weakness in the plate markets, reports the online SooToday.com.
Hebei Iron & Steel Begins Boosting Sales, Production at Serbian Mill
30 August 2016 - Nearly two months after acquiring Serbia’s ailing Železara Smederevo steel works, Hebei Iron & Steel has managed to lift the facility’s monthly sales and is targeting 1.7 million tons of production in 2017, reports Xinhua, China’s official news agency.
Vietnamese Steelmaker Announces Plans for Mammoth US$10.6B Works
30 August 2016 - Vietnam’s Hoa Sen Group plans to build a giant US$10.6 billion steel works whose targeted capacity would exceed the country’s total production in 2015, reports the online VN Express News.
Billions of Rupees Committed to a New Mill, Plans for Another Set Aside
26 August 2016 - India’s JSW Steel plans to commit the equivalent of US$7.5 billion to build a large steel works in the state of Odisha, reports the Business Standard newspaper.
In Indiana, Steelworkers Rally Over U. S. Steel Layoffs, and ArcelorMittal Advances Optimization Plan
26 August 2016 - The United Steelworkers union is rallying this afternoon in downtown Gary, Ind., protesting U. S. Steel Corp.’s decision to layoff approximately three dozen maintenance workers at the Gary Works, reports The Times newspaper of northwest Indiana.
Arrium Goes Out on the Road in Search of a Buyer
23 August 2016 - Executives of Australian steelmaker and iron ore miner Arrium are in Asia this week, shopping around the debt-laden business in advance of the release of the formal sale documents, reports The Australian Financial Review.
Aided by Its North American Sheet Mill, BlueScope's Fortunes Rise in Fiscal 2016
22 August 2016 - Australia’s BlueScope Steel more than doubled its underlying net profits in fiscal 2016 due in part to higher sales and cost reductions as well as to having taken full ownership of its U.S. sheet mill.
Essar Algoma Sale to Take More Time to Finalize
19 August 2016 - The group of lenders proposing to acquire Canada’s Essar Steel Algoma is continuing to negotiate the sale with the company’s bondholders, federal and provincial governments and the United Steelworkers union, but a closing doesn’t yet appear to be at hand, according to a court filing.
New Steelworks Reaches 100,000 Metric Tons of Monthly Production
19 August 2016 - Tata Steel managing director T.V. Narendran said the company’s Kalinganagar steel works produced 100,000 metric tons of steel in July as the company continues to ramp up production at the new facility.
This Isn't Hot Air: Praxair, Linde Discussing Possible Merger
16 August 2016 - Industrial gas supplier Praxair Inc. said it is discussing a possible merger with Germany’s Linde AG, the company announced on Tuesday.
U. S. Steel Canada Declines New Offer From Essar Global
10 August 2016 - U. S. Steel Canada has rejected a new buyout offer from Essar Global, saying that its new bid is substantially similar to one that was proposed -- and rejected -- earlier this year, according to reports.
