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Latest News

Gupta Family Steel Mills to Unite Under One Flag, Liberty Steel Group

29 October 2019 - Sanjeev Gupta’s GFG Alliance will consolidate its steel operations into a single, global entity with 18 million metric tons of rolling capacity, Gupta announced Tuesday. 

AK Steel, ArcelorMittal Resolve Patent Infringement Dispute

29 October 2019 - AK Steel Corp. and ArcelorMittal are settling a nine-year-old patent infringement case focused on a type of advanced high-strength steel.  

Vietnamese Steelmaker Signs Off on New Cold Mill

29 October 2019 - Pomina Flat Steel, a subsidiary of Pomina Steel Group, has signed the final acceptance certificate for its new cold mill complex in Ba Ria - Vung Tau, Vietnam.

Report: Salzgitter to Idle Blast Furnace

28 October 2019 - Germany’s Salzgitter AG has become the latest European steelmaker to curtail production on account of the market downturn , reports commodities news and pricing provider Argus Media. 

Fives Wins Equipment Order From Steel Dynamics  

28 October 2019 - Steel Dynamics Inc. (SDI) has contracted Fives for a new high-efficiency skinpass mill to be installed at its GalvTech facility in Pittsburgh, Pa., USA. 

A Window Closes For One British Steel Bidder, But Opens for Others

28 October 2019 - Officials from China’s Jingye Group are to visit British Steel this week after the company’s court-appointed receiver and the preferred bidder failed to reach a sales agreement during a 10-week exclusivity period, reports the (London) Financial Times. 

Paul Wurth Completes First of Three Hot Stove Upgrades for Russian Mill 

28 October 2019 - The first phase of a stepwise technical upgrade to the hot stoves serving a blast furnace at EVRAZ’s ZSMK Works has been completed and the second phase is under way, reports the Paul Wurth Group. 

Harsco Environmental to Serve as Pilot Customer for New Autonomous Hauler From Volvo Construction Equipment

24 October 2019 - Volvo Construction Equipment (Volvo VE) has a new autonomous battery-electric hauler and Harsco’s environmental division (HE) will be the first to use it.

Paul Wurth Bags Order for Blast Furnace Hearth Reline

24 October 2019 - Třinecké Železarny in the Czech Republic has awarded a contract to Paul Wurth for the complete reline of its No. 6 blast furnace hearth.

worldsteel Recognizes Safety and Health Excellence

24 October 2019 - The World Steel Association (worldsteel) today recognized six steel-producing companies around the world for their safety and health improvements over the past year.

Global Steel Industry Groups Call for Action on Excess Capacity Crisis

24 October 2019 - Nineteen steel industry associations across the world this week called for the governments of steelmaking economies to boost their efforts in tackling persistent global excess steel capacity.

EAFs May Dominate in the U.S., But They Can’t Yet Replace BFs, Says Iron Ore Executive 

23 October 2019 - Fears that U.S. blast furnaces face imminent extinction are “totally unrealistic,” the top executive at iron ore miner Cleveland-Cliffs Inc. said Wednesday. 

Nucor Wrapping Up Several Key Projects 

23 October 2019 - Nucor Corp.’s new galvanizing line at its Kentucky sheet mill coated its first coil last month, one of several major capital projects nearing the finish line. 

Sinosteel Acquires Australian Iron Ore Project

23 October 2019 - Mitsubishi  Corp. is selling a nearly AUD$10 billion iron ore project and associated rail and port project to China’s Sinosteel, a development that could give Western Australia its next major iron ore exporting region.

Report: Tata Steel Plans to Cut 2,500 Jobs in Europe 

23 October 2019 - Tata Steel Europe reportedly will eliminate 2,500 jobs in an effort to reduce costs in its European operations, India’s Business Standard newspaper reports. 

SSAB Americas Brings Aboard Noodle.ai 

23 October 2019 - SSAB Americas is partnering with artificial intelligence and supercomputing specialist Noodle.ai to improve production processes at its U.S. operations. 

Liberty House Revisits Bid for British Steel

23 October 2019 - Sanjeev Gupta’s Liberty House Group has renewed discussions about taking over financially troubled British Steel, the U.K.’s second-largest steel producer, according to Sky News. 

U. S. Steel Idles Production Line at Minnesota Pellet Plant

22 October 2019 - United States Steel Corporation is idling a pellet line at its Minntac taconite plant in Mountain Iron, Minn., USA, on account of softening demand, reports The (Minneapolis, Minn.) Star Tribune newspaper.

ArcelorMittal Adds New 3rd Gen Grade to AHSS Lineup

22 October 2019 - The world’s largest steelmaker has expanded its Fortiform line of advanced high strength steels, launching sales of a new, coated grade that can be used in a variety of exposed and nonexposed applications.

ABB Wins Order From Stainless Manufacturer

22 October 2019 - Chinese stainless producer the Ningbo Baoxin Stainless Steel Co. Ltd. has awarded a contract to ABB to provide the art electrification and control systems on a new cold mill.

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