Steel News

Citing Section 232 Tariffs, ATI Joint Venture Idles Finishing Mill

01 April 2020 - With no relief from the Section 232 tariffs in sight, Allegheny Technologies Inc. (ATI) will idle its Direct Roll Anneal and Pickle plant in Midland, Pa., USA, by the end of June.

Infrastructure Ought to Be Part of COVID-19 Relief, Steel Groups Say

01 April 2020 - Five U.S. steel trade organizations have urged Congress to provide for public infrastructure investments in the next phase of COVID-19 economic stimulus.

Ford Delays Plant Restarts

01 April 2020 - Ford Motor Co. has pushed back the planned restart of North American plants, saying that it is taking the step to help better protect workers.

Chinese Mill Upgrades Caster Automation, Plant Controls

31 March 2020 - China’s Baoshan Iron & Steel Co Ltd. has commissioned a new integrated control center (ICC) to run a casting plant at its Shanghai steel works.

Indian Steel Producers Face Lower Demand

31 March 2020 - The COVID-19 pandemic and national lockdown will weaken India steel demand in India and could lead to an inventory build-up that pressures prices downward, reports the IANS news service.

AK Steel Banks Michigan Blast Furnace

31 March 2020 - With the COVID-19 pandemic having brought North American auto production to a halt, AK Steel is temporarily idling its Dearborn Works in Michigan, reports Fastmarkets AMM.

Danieli Wins Contract for Galvalume Line

31 March 2020 - Danieli has received an order for a continuous Galvalume® line from Bangladeshi strip processor Abul Khair Strip Processing, the equipment supplier has announced.

An Aging Population, Other Market Challenges Force JFE Steel to Resize

30 March 2020 - JFE Steel will permanently close a blast furnace in southeastern Japan as part of a plan to consolidate operations and refocus on key products, the company has announced.

SSAB Begins Layoff Negotiations

30 March 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.

ArcelorMittal Brazil to Idle Blast Furnace

30 March 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts.

U. S. Steel Takes Two BFs Out of Service, Postpones Capital Projects

27 March 2020 - In response to the COVID-19 pandemic and the sudden deterioration in the oil and gas markets, United States Steel Corporation is idling two blast furnaces and delaying a number of capital projects.

U.S. Imports Fall to 10-Year Low in February

26 March 2020 - U.S. steel imports fell slightly more than 38% in February 2020, dropping to a level not seen since 2009, reports commodities news and pricing service Argus.

Indian Steel Producers Set COVID-19 Curtailments

26 March 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown.

thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments

25 March 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced.

voestalpine Idles Blast Furnace; Closes Global Sites

25 March 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.

North American Auto Plants Postpone Restarts

25 March 2020 - Ford, Toyota and Hyundai are extending coronavirus shutdowns of their North American plants, and Kia has announced its intention to temporarily stop production in the U.S., reports WardsAuto.

Primetals Technologies Announces Start of New Pickling Line

25 March 2020 - China’s Shougang Jingtang United Iron & Steel Co. Ltd. has started up a new continuous pickling line built by Primetals Technologies.

Paul Wurth: Reline Complete at Dillinger Hüttenwerke BF

25 March 2020 - Paul Wurth recently finished a modernization of the slag granulation plant at AG der Dillinger Hüttenwerke (Dillinger).

U. S. Steel Idles Ohio, Texas Tube Mills

24 March 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper.

ArcelorMittal, Gerdau Idling Some North American Assets

24 March 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.