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Flat Products Rolling
Includes hot strip mill and plate rolling news.
Latest News
Nucor Executives See Much Potential in Texas Plate Mill Acquisition
21 July 2016 - Nucor executives are upbeat about the company’s US$29 million investment in a Texas plate mill, saying it is a well-run, well-equipped facility that will give Nucor access to new value-added niche markets.
Nucor Expands Plate-Making Capabilities Through Acquisition
20 July 2016 - Nucor Corp. is acquiring a plate mill from a mining equipment manufacturer for about US$29 million, the steelmaker announced on Thursday.
SDI Looks for New Paint Line to Start in Early 2017; Wins Quality Certification for Premium Rail
19 July 2016 - Construction of a new paint line at Steel Dynamics Inc.’s Columbus, Miss., plant is on budget and on schedule, chief executive Mark Millet said on Tuesday.
Report: Overseas Bidder Looking at U.S. Steel Canada, Essar Algoma
18 July 2016 - A metals trading firm that seems to have lost out on its bid to acquire all of Tata Steel’s U.K. business is turning its attention to overseas targets, reports The (London) Financial Times.
Improving Flat Rolled Market Lifts Profits at Steel Dynamics
18 July 2016 - Steel Dynamics Inc. saw its second-quarter profits more than double due in part to improving conditions in the flat rolled sector, the company said on Monday.
Brazil's CSN Looks to Part Ways With Usiminas
13 July 2016 - Brazil’s Cia Siderúrgica Nacional SA said it will sell its stake in rival Usiminas, but only after it minimizes losses on its investment in the business, the company said Wednesday, reports the Reuters news service.
Steelworkers Union Rebuffs Would-Be Acquirer of Essar Algoma, Backs Competing Offer
12 July 2016 - The United Steelworkers union said it will not support Essar Steel Algoma’s tentative sale to a private equity firm and instead is pushing for an alternate deal, one with the steelmaker’s former owner.
U.S. Imposes Countervailing Duties on Stainless Sheet; Lifts Some Duties on Stainless Wire Rod
12 July 2016 - Chinese producers of stainless sheet and strip have been unfairly benefiting from government subsidies, the U.S. Commerce Department has ruled.
No Guarantees That Port Talbot Works Will Be Saved, Says Tata Executive
11 July 2016 - Tata Steel cannot guarantee that the U.K.’s largest steelmaking facility has a future ahead of it, even if it is able to sign a joint venture agreement for its strip business, reports The Guardian newspaper.
Tata, thyssenkrupp Discussing Joint Venture for European Strip Businesses
08 July 2016 - Tata Steel has suspended the sale of its U.K. business and is now thinking about putting its strip operation into a joint a venture with other steelmakers, including Germany’s thyssenkrupp AG, Tata announced on Friday.
In India, A New Steel Mill Comes to Life
06 July 2016 - Steelmaking facilities at Tata Steel’s new integrated mill in India have been successfully commissioned, according to machine and mill builder SMS group.
'Brexit' Puts the Brakes on Sale of Port Talbot Works
05 July 2016 - The uncertainty arising from the U.K.’s Brexit vote is prompting Tata Steel to pause the sale of its Port Talbot works, reports The (London) Sunday Times.
World's Biggest Steelmaker Looks to Become Even Bigger
30 June 2016 - ArcelorMittal and Italy’s Marcegaglia SpA have put down an offer on the country’s troubled Ilva steelworks in the city of Taranto, ArcelorMittal has announced.
China Says It Might Challenge U.S. Import Duties
28 June 2016 - China’s commerce ministry, which has said America’s imposition of import duties on certain steel products is protectionist, now says it might sue the country through the World Trade Organization, according to the Reuters news service.
U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds
22 June 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.
U. S. Steel Investigating Incident at Edgar Thomson Plant
21 June 2016 - Firefighters were summoned to a fire at United States Steel Corp.’s Edgar Thomson plant on Monday evening, according to reports.
Report: Investment Firm Hopes to Merge the former Stelco, Essar Steel Algoma
20 June 2016 - A New York-based private equity firm has plans to acquire two ailing Canadian steelmakers and merge the businesses, reports The Hamilton Spectator newspaper.
ArcelorMittal Exploring Divestment of French Steel Businesses
20 June 2016 - ArcelorMittal is looking at selling a stake in a French subsidiary while it explores a sale of a wire unit, which also has operations in the country, according to the Reuters news service.
Allegheny Technologies JV Orders New Cold Mill to Make Super Thin and Very Wide Strip
15 June 2016 - Shanghai STAL Precision Stainless Steel Co. Ltd. has awarded a contract to the Fives industrial engineering group for a cold rolling mill capable of rolling ultra-thin stainless strip at full commercial widths, the company has announced.
Nucor Forecasts Higher Profits in Second Quarter
15 June 2016 - Nucor Corp. expects its second-quarter earnings to increase 66 percent, if not more, on rising shipments and prices, the steelmaker said on Wednesday.
