▶Subscribe to the Steel News Rewind Newsletter

Headlines

Latest News

SMS Demag to Supply Heavy-Plate Rolling Mill for Hyundai Steel

17 December 2007 - SMS Demag will supply a new heavy-plate rolling mill—including complete mechanical and automation systems for the entire process line—for Hyundai Steel at Dangjin, South Korea.

ArcelorMittal Terminates Sparrows Point Purchase Agreement with E2

17 December 2007 - ArcelorMittal terminates agreement for the sale of its Sparrows Point facility and related assets to E2 Acquisition Corp., a joint venture sponsored by Esmark and Wheeling-Pittsburgh.

Siemens to Supply Main Drives for Nippon Steel Plate Mill Upgrade

17 December 2007 - Siemens will supply a twin main drive for the new roughing train that will be added to Nippon Steel’s heavy plate rolling mill in Oita.

ThyssenKrupp Steel Starts up New Blast Furnace at Duisburg

17 December 2007 - ThyssenKrupp Steel starts up its new blast furnace No. 8 in Duisburg, part of the company’s 340-million-euro expansion program to secure hot metal production for its German plants.

ArcelorMittal to Increase Stake in China Oriental

14 December 2007 - ArcelorMittal enters into a shareholders’ agreement with the controlling shareholders of China Oriental Group that will enable ArcelorMittal to eventually raise its equity stake in the company to 73.13%.

OSHA Cites Wheeling Pittsburgh Steel for Safety Violations

14 December 2007 - OSHA proposes $210,000 in fines against Wheeling Pittsburgh Steel for alleged repeat and serious violations of federal workplace safety standards.

Domestic Steelmakers Endorse Sector-Based Approach to Addressing Climate Change

14 December 2007 - In response to the International Iron and Steel Institute's address on climate change that was delivered during the UNFCCC COP-13 meeting, the American Iron and Steel Institute endorses the global sectoral approach to address climate change.

Northwest Pipe Acquires Traffic Sign Post Manufacturer

14 December 2007 - Northwest Pipe announces the acquisition of the operating assets of S Square Tube Products, manufacturer of a variety of products that are used in the traffic industry.

AK Steel to Increase Prices for Carbon Steel Products

13 December 2007 - AK Steel will increase spot market prices by $30 per ton for carbon steel product orders accepted for shipment on February 1, 2008 and later.

Steelworkers Respond ArcelorMittal Plans for Contrecoeur

13 December 2007 - United Steelworkers (FTQ) representatives reflect both optimism and caution in their response to ArcelorMittal’s announced plans to build a beam mill at Contrecoeur but close the facility’s hot mill and cold mill by the end of February 2008.

Nippon Steel Adopts HSS Plate for Container Ship Applications

13 December 2007 - Nippon Steel has adopted plate made from its YP47kg steel -- a high strength steel with high fracture toughness -- for application on 10 large container ships being built by Hyundai Heavy Industries or Kawasaki Kisen Kaisha.

SeverStal Confirms Discussions with SeverCorr Management Team

13 December 2007 - SeverStal confirms that it is in discussions with the senior management team at SeverCorr regarding the new company’s ownership structure.

ArcelorMittal to Acquire MT Majdalani

12 December 2007 - ArcelorMittal announces its acquisition of M.T. Majdalani Y Cia. SA, Argentina’s leading stainless steel service center and distributor.

Global Industry Group Announces Future Steel Vehicle Research Program

12 December 2007 - The International Iron and Steel Institute's automotive group, WorldAutoSteel, announces the Future Steel Vehicle project during the United Nations Framework Convention on Climate Change conference in Bali.

ArcelorMittal to Build Beam Mill in Contrecoeur, Restructure Canadian Operations

12 December 2007 - ArcelorMittal’s Canadian restructuring plans include consolidation of flat products production at the Dofasco facility in Hamilton, and long products production at the company’s ArcelorMittal Montreal facility in Contrecoeur, Que.

Steel Technologies to Consolidate Operations with Mi-Tech Steel

12 December 2007 - Steel Technologies announces plans to combine its operations with Mi-Tech Steel’s, creating a combined company that will operate a total network of 25 facilities and generate projected annual revenues of approximately $1.4 billion.

ArcelorMittal to Increase Long Products Prices in Middle East, Mediterranean

11 December 2007 - Strong demand and rising raw material and billet costs have prompted ArcelorMittal to announce an additional $30/ton price increase for long steel products out of the Black Sea for Turkey, Mediterranean, Middle East, and North African (MENA) destinations.

ITC to Conduct Sunset Review of Steel Wire Rod Imports

11 December 2007 - The U.S. ITC votes to conduct full five-year sunset reviews of a  countervailing duty order on carbon and alloy steel wire rod from Brazil, and antidumping duty orders on wire rod from Brazil, Canada, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine.

Evraz to Acquire Claymont Steel for $564.8 Million

11 December 2007 - Building on its recent acquisition of Oregon Steel, Evraz Group SA announces plans to expand its North American presence with the acquisition of Delaware-based Claymont Steel for an aggregate price of approximately US$564.8 million, including debt and net of cash.

Posco Restarts 3rd Gwangyang Blast Furnace

11 December 2007 - Posco restarted the 3rd blast furnace at Gwangyang Works following a successful 55-day repair campaign.

Page 823 of 980

View Latest Steel News