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Algoma Exits Creditor Protection, Sets CA$300M Reinvestment Plan

06 December 2018 - Canadian steelmaker Algoma Steel Inc. has emerged from creditor protection as an independent entity, ending three years of uncertainty about its future.

Steel Dynamics to Build US$1.7B Sheet Mill in Southwest U.S.

27 November 2018 - Steel Dynamics Inc. has revealed plans to build an advanced sheet mill somewhere in the southwestern U.S. at a cost of between US$1.7 and US$1.8 billion.

Report: South Korean Steelmaker Exploring Potential Indian JV

27 November 2018 - Rashtriya Ispat Nigam Ltd. (RINL) has had some early discussions with Hyundai Steel about the possibility of setting up a joint-venture mill in India, reports the Business Standard newspaper.

Steel Dynamics Chooses Fives for Process Line Upgrades

21 November 2018 - Steel Dynamics Inc. has awarded a contract to Fives for upgrades to a galvanizing line at its Columbus, Miss., sheet mill.

ANDRITZ Bags Order for Nucor Galvanizing Line

21 November 2018 - Nucor Corp. has selected Austrian equipment builder ANDRITZ to supply a new hot-dipped galvanizing line for its Arkansas sheet mill, the company has announced.

Danieli Contracted for US$650M Sheet Mill Reconfiguration

19 November 2018 - Nucor Corp. has chosen Danieli for a top-to-bottom overhaul of its Gallatin sheet mill in Ghent, Ky., the equipment supplier has announced.

Big River Rolls On – On Its Own

08 November 2018 - Big River Steel, the technology company that happens to make steel, will be doing so independently, the company has said.

Liberty House Expands Roster of Mills Yet Again

02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.

ArcelorMittal Takes Control of One of EU’s Largest Steel Works

01 November 2018 - ArcelorMittal has finalized its deal to acquire Italy’s ILVA S.p.A., giving it control of the European Union’s largest steel works.

SSAB Looks to Increase Q&T Capacity Through US$110M Project

01 November 2018 - Swedish steelmaker SSAB said it plans to invest the equivalent of around US$110 million in its Mobile, Ala., USA, plant and increase capacity to make quenched-and-tempered (Q&T) steels and other products.

European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal

30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.

Essar Steel Creditors Give Nod to ArcelorMittal Offer

30 October 2018 - Essar Steel India Ltd.’s creditors have named ArcelorMittal as the successful bidder for the debt-laden business, accepting its US$6.8 billion offer.

In Surprise Move, Essar Steel Promoters Offer to Repay Lenders and Halt Bankruptcy Sale

25 October 2018 - India’s Ruia family, which promotes Essar Steel India Ltd., have made a last-ditch effort to reclaim the bankrupt business, offering to pay off the equivalent of US$7.4 billion, just as creditors were to vote on a bid from ArcelorMittal.