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Latest News

Timken to Acquire BEKA Lubrication

17 September 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.

Triple-S Steel Buys Shamrock Steel to Expand Customer Base

12 September 2019 - Houston-based structural steel supplier and fabricator Triple-S Steel Holdings Inc. has acquired the assets of Shamrock Steel Sales for an undisclosed amount.

British Steel Chief Executive Steps Down

12 September 2019 - Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.

Danieli to Supply New Quench and Self-Temper Line to Nucor Bar Mill

12 September 2019 - Danieli will be installing a new quenching and self-tempering system at Nucor Steel’s Marion, Ohio, USA, facility, the supplier reports.

ArcelorMittal Joins Carbon Sequestration Project

11 September 2019 - The world’s largest steelmaker has joined a project that will explore carbon capture and storage in Europe.

O’Neal Industries Acquires Tubing Manufacturer

11 September 2019 - Service center operator and components maker O’Neal Industries Inc., has acquired the assets of a specialty tube maker for an undisclosed amount.

Furnace at Nippon Steel’s Kimitsu Works Damaged in Typhoon

11 September 2019 - Nippon Steel Corp. has temporarily idled a steelmaking unit at its Kimitsu Steel Works after a chimney collapsed during a typhoon on Monday, according to the Reuters news service.

Slag Heaps Can Help Sequester Carbon Dioxide, Researchers Say

11 September 2019 - With a little bit of management, slag heaps could offer steelmakers a convenient and inexpensive way to capture carbon and offset emissions, according to a new study by researchers at the University of Leeds.

US$1 Billion Steelmaking Facility Planned for the Philippines

10 September 2019 - Philippine steelmaker SteelAsia Manufacturing Corp. and China’s HBIS Group Co. Ltd. are partnering to build an integrated steelmaking facility in the Batangas province in the Philippines, according to a government newswire.

SSAB Auto Steel Receives OK from Indian Government

10 September 2019 - SSAB’s line of hot- and cold-rolled Docol® automotive steel has received its Bureau of Indian Standards (BIS) certification, the company reports.

NLMK Iron Ore Project Enters Next Phase

10 September 2019 - NLMK Group’s Stoilensky iron ore division has moved to the third stage of construction on its new dewatering plant, the Russian steelmaker has said.

This Building Has No Rebar. But It Has Plenty of Steel.

10 September 2019 - A newly constructed 58-floor skyscraper in Seattle has been completed using a unique core wall system with no conventional rebar, reports the trade publication Concrete Products.

Autumn Will Be a Busy Season — For Maintenance Outages

09 September 2019 - Most of the biggest U.S. flat-rolled producers have maintenance outages planned for the remainder of the year, removing between 630,000 and 700,000 tons of capacity from service, reports commodities news and pricing serivce S&P Global Platts.

Nucor CEO John Ferriola Announces December Retirement

06 September 2019 - Nucor Corp. chairman and chief executive officer (CEO) John Ferriola will retire at the end of this year and will be succeeded by executive vice president Leon J. Topalian, the company announced Friday.

Primetals Technologies Automation Upgrades Receive Final Acceptance from Gerdau

05 September 2019 - Primetals Technologies has received the final acceptance certificates on level 1 and 2 systems upgrades at Gerdau's Ouro Branco mill in Brazil.

U.S. Proposes New Duties on Mexican, Chinese Structural Steel Imports

05 September 2019 - The U.S. Commerce Department has set tentative anti-dumping duties of up to 141.3% on fabricated structural steel from China and up to 30.6% on the same products from Mexico, ruling that producers in those countries were dumping product and undercutting domestic prices.

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