Flat Products Rolling
Includes hot strip mill and plate rolling news.
Latest News
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.
Essar Steel Algoma Reconsiders Sale, Might Restructure From Within Instead
14 June 2016 - Canada’s Essar Steel Algoma Inc., which is operating under creditor protection as it looks for a buyer, said it is now exploring whether to reorganize on its own, reports The (Toronto) Globe and Mail newspaper.
Ohio Sheet Processor Expands Pickling Line's Capabilities
14 June 2016 - U.S.-based steel processor Heidtman Steel has upgraded a pickling line by adding dry lube capabilities, the company has announced.
Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture
13 June 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.
Steel Dynamics Expects Profitable Second Quarter on Improvements in Flat Rolled Market
13 June 2016 - U.S.-based Steel Dynamics Inc. expects to nearly double its second-quarter profits over the first quarter due to better metal spreads and increased shipments, the company said on Monday.
Report: Tata Pushes Back Decision on Sale of U.K. Business
09 June 2016 - Tata Steel apparently is going to give itself more time to consider the fate of its struggling U.K. business, extending the timeline for naming a preferred bidder for the operation, reports the (London) Financial Times.
AHMSA Installs New Plate Normalizing Line
03 June 2016 - Altos Hornos de México S.A.B. de C.V. (AHMSA) has begun processing plates on a newly installed normalizing line at its Monclova works, according to the equipment supplier.
SSAB Trims 183 Positions at Swedish Plate Mill
03 June 2016 - Sweden’s SSAB is cutting 183 jobs at its heavy plate mill in Oxelösund, the steelmaker has announced.
Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving
03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.
Metals Trader Announces Plans to Expand U.K. Mill
31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.
Commerce Department Slaps Chinese Cold Rolled Steel With Duties of More than 500 Percent
18 May 2016 - The U.S. Department of Commerce is imposing duties of more than 500 percent on Chinese-made cold rolled steel, an action likely to ratchet up trade tensions between the countries.
Steel Industry Urged to Embrace Innovation, and Quickly
17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.
AIST's Annual Trade Show to See One of Its Best Turnouts
15 May 2016 - More than 7,500 people are expected to attend the Association for Iron & Steel Technology’s annual conference and exposition, AISTech, which informally opened Sunday in Pittsburgh, Pa.
Explosion Causes US$5 Million in Damage to Ohio Mill
10 May 2016 - North Star BlueScope Steel is continuing to produce steel following a weekend explosion and fire at its Ohio, USA, sheet mill.
Two Teams Vying for Tata Steel's U.K. Business
09 May 2016 - The deadline to submit preliminary offers for Tata Steel's U.K. division has passed, and details of the two investment teams looking to buy the operation have emerged.
Metals Trader Completes Acquisition of Scottish Plate Mills
28 April 2016 - Metals trading firm Liberty House has closed on its acquisition of two Tata Steel plate mills in Scotland, the firm has announced.
Restructuring Costs, Production Disruptions Contribute to Allegheny Technologies' First-Quarter Loss
27 April 2016 - Specialty metals producer Allegheny Technologies Inc. posted a net loss of US$101.2 million due to the ongoing market downturn, restructuring costs and the disruption caused by its now-ended lockout of the United Steelworkers union.
