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Headlines
Latest News
Nucor Eyes November Start for Rebar Mill
02 May 2019 - Nucor Corp. is aiming to open its Missouri micro-mill this fall and is hiring to fill three shifts, reports KDRO-AM radio in Sedalia.
Joint Venture Wins Bid for Former ArcelorMittal Plant in Trinidad
02 May 2019 - ArcelorMittal’s shuttered Point Lisas facility in Trinidad and Tobago has a new owner, Trinidad and Tobago Newsday reports.
SDI: No Decision Yet on Sheet Mill Location
25 April 2019 - Steel Dynamics Inc. is continuing to work toward locking up a site for its planned southwestern U.S. sheet mill and is nearing a decision on primary technology suppliers, company executives have said.
Nucor Cold Mill Enters Service
25 April 2019 - Nucor Corp. has started up the new specialty cold mill at its Arkansas sheet plant, and customers have already taken delivery of prime product, chairman and chief executive John Ferriola said.
Commerce Department Rejects Tariff Exclusions for U.S. Slab Importers
25 April 2019 - The U.S. Commerce Department has denied a tariff exclusion request from Allegheny Technologies Inc.’s (ATI) stainless steel joint venture with Tsingshan Group, the company said.
Major Chinese Steelmaker Sees Slowing Demand on the Way
25 April 2019 - Baoshan Iron & Steel Co., the listed portion of China’s largest steelmaker, sees both slowing domestic demand and rising output this year, leading some to question whether mills will again ship excess production into foreign markets and flood them, according to news reports.
British Steel Names New CEO
25 April 2019 - Gerald Reichmann has taken the reins of British Steel as its new chief executive officer, the company has said.
Nucor Expands Tubular Business Through Plant Investment, Acquisition
18 April 2019 - Nucor Corp. is expanding its tubular business, acquiring an Indiana-based mechanical and structural tube producer and separately is investing US$27.2 million to boost capabilities at an Alabama plant.
Forecast: Global Steel Demand to Rise, But U.S. Slips to No. 3 in Market Size
18 April 2019 - Global steel demand is expected to grow 1.3% this year, and India could surpass the U.S. as the world’s second-largest steel market, according to a new forecast from the World Steel Association.
Nucor EVP Joe Stratman to Retire, Veteran Manager Promoted to Executive Team
18 April 2019 - Nucor Corp. has announced that chief digital officer R. Joseph Stratman will retire later this spring and, in a separate move, that it has promoted a veteran manager to its executive ranks.
JSW Steel Adding 1M Metric Tons of Capacity to Integrated Plant
18 April 2019 - India’s JSW Steel is investing the equivalent of about US$1.08 billion to upgrade its integrated Vijayanagar Works.
GFG Alliance Receives OK to Acquire ArcelorMittal Plants, Creates EU’s No. 3 Steel Producer
18 April 2019 - The European Commission has greenlighted ArcelorMittal’s plans to sell several of its European mills to Sanjeev Gupta’s GFG Alliance, satisfying antitrust concerns that arose from ArcelorMittal’s acquisition of Italian steelmaker Ilva.
2019 Could Be a Milestone Year for Indian Steel Consumption
11 April 2019 - India’s domestic steel demand is expected grow more than 7% this year and is likely to cross the 100 million metric ton threshold, according to The (India) Economic Times.
Portuguese Rolling Mill Slates Major Upgrade for 2020
11 April 2019 - Long products producer Megasa Group has announced a major modernization project at its SN Seixal rolling mill in Portugal, according to the supplier on the project.
SSAB Eyes Lifting Machine Market for New High-Strength Grade
11 April 2019 - SSAB has introduced a new grade of hot-rolled strip grade designed for applications that require welded joints, particularly lifting equipment.
Fortescue CEO Sees Chinese Steel Production Rising This Year
11 April 2019 - China’s crude steel production potentially could grow to more than 950 million metric tons this year, according to the chief executive of iron ore miner Fortescue Metals Group.
Sims Metal Unveils North American Growth Plans
11 April 2019 - Metals recycler Sims Metal Management said it plans to grow its North American ferrous recycling business by around 40% over the six years.
Paul Wurth to Participate in Blast Furnace Overhaul
11 April 2019 - Russia’s PAO MMK has contracted blast furnace specialist Paul Wurth for a rebuild of an 87-year-old blast furnace at its Magnitogorsk works.
Universal Stainless Celebrates US$10 Million Upgrade
09 April 2019 - Universal Stainless and Alloy Products Inc. has officially unveiled US$10 million worth of improvements to its Dunkirk, N.Y., facility.
Japan's Steelmakers Raise Mandatory Retirement Age
09 April 2019 - Japan’s aging population has created ever-present labor shortages for employers, but four Japanese steelmakers have found one workaround: keep the employees they have longer.
