Steel News

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.

Danieli Completes Upgrades to Croatian Steel Plant

22 October 2019 - Acciaierie Bertoli Safau’s Sisak plant in Croatia recently upgraded its special steel meltshop with a Danieli Automation Q-One power system, Danieli has said.

World Steel Association: Global Steel Demand Up, But Declining in Most Regions

17 October 2019 - The World Steel Association has revised down its biannual demand forecast for most of the world’s regions, but is nevertheless projecting demand to rise globally on the strength in the Chinese construction market.

Big River CEO: We Are Aggressively Ramping Up for a Second Mill

17 October 2019 - Big River Steel has created a development company that will handle the preliminary work related to the company’s proposed flat-rolled mill in Texas, chief executive Dave Stickler tells S&P Global Platts.

CMC Shutters California Meltshop

17 October 2019 - Commercial Metals Company has closed the meltshop at its California rebar mill, saying that regulatory costs are making it too difficult to compete, reports news and commodities pricing service Argus.

Gerdau Appoints Company Veteran to Lead Special Steel North America

17 October 2019 - Rodrigo Belloc, a longtime Gerdau manager and executive, has been promoted as president of the Brazilian steelmaker’s North American special steel division, the company has announced.

Danieli to Outfit New Mill With Automated Slab Management Solution

17 October 2019 - Ternium has awarded a contract to Danieli for a fully automated slab yard management system at its greenfield strip mill in Mexico.

Trucks, Trains and, Now, Tow Boats: ArcelorMittal Burns Harbor Expands River Shipments

17 October 2019 - An ArcelorMittal USA plant recently set a transportation record as it expands its use of river barges to deliver hot-rolled coil and plate to customers, the company reports.

SMS group Lands Order for Ohio Caster

15 October 2019 - SMS group has been awarded a contract to supply a thin-slab caster to North Star BlueScope Steel as part of the Delta, Ohio, sheet mill’s planned US$700 million expansion.

NLMK DanSteel Launches In-House Service Center

14 October 2019 - Danish steel plate manufacturer NLMK DanSteel has opened an on-site service center to provide pre-fabrication services for its European customers, the company has announced.

NLMK Reveals Plans for EUR150 Million Upgrade to Belgium Facility

11 October 2019 - NLMK La Louvière has awarded a contract to Primetals Technologies for improvements to its hot strip mill, the company has announced.

EU Opens New Trade Investigation Into Hot-Rolled Stainless Coil

11 October 2019 - The European Commission has initiated an anti-subsidy investigation into hot-rolled stainless sheet and coil from two countries and has imposed duties on a different steel product.

KOCKS RSB® 5.0 Ordered by Two Chinese Producers

10 October 2019 - Jiangsu Lihuai Iron & Steel Co. Ltd. (Huaigang Special Steel) and Fujian Sangang Minguang Group Co. Ltd. (Sanming) placed orders for a KOCKS GmbH & Co KG reducing and sizing block (RSB®) 370++/4, the supplier reports.

ArcelorMittal Monlevade Commissions Primetals Technologies Hot Metals Desulfurization System

10 October 2019 - The installation is part of the quality improvement program and expansion of the Brazilian facility.