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Latest News

Zekelman Industries Sets Terms for Initial Public Offering

07 September 2018 - Pipe and tube maker Zekelman Industries has priced its initial public offering and is looking to raise approximately US$750 million.

With a Labor Deal in Hand, ArcelorMittal Nears Completion of ILVA Acquisition

06 September 2018 - ArcelorMittal expects to seal its deal for Italian steelmaker ILVA and its massive Taranto works after it reached a tentative labor agreement with ILVA’s labor unions, the company said Thursday.

Canadian, Mexican Steel Associations Call for End to Tariffs

06 September 2018 - The Canadian Steel Producers Association and CANACERO, Mexico’s steel association, have called for an end to the Section 232 tariffs through the renegotiation of the North American Free Trade Agreement.

Steelworkers Union Opens Labor Talks with Cleveland-Cliffs

06 September 2018 - The United Steelworkers union is kicking off contract negotiations with iron ore miner Cleveland-Cliffs Inc. as they look to replace a deal that expired 1 October.

Report: Nucor Withdraws Bid for Shuttered DRI Plant

06 September 2018 - Nucor Corp. reportedly has withdrawn its US$20 million offer for a shuttered direct-reduced iron pant in Trinidad and Tobago after growing frustrated by government delays, the Newsday newspaper reports.

Two U. S. Steel Executives Assigned New Posts

05 September 2018 - Two United States Steel Corporation executives will swap responsibilities in an effort to broaden their horizons, chief executive David Burritt has announced.

Chinese Steelmaker Contracts ANDRITZ for Rolling Mill

05 September 2018 - ANDRITZ Group has secured an order for a cold mill from China’s Shougang Jingtang United Iron & Steel Co. Ltd., the Austrian plant builder has announced.

Russian Mill Breaks Hot Strip Production Record

05 September 2018 - Russia’s PJSC Magnitogorsk Iron and Steel Works (MMK) said one of its hot rolling mills set a record in July, producing nearly 528,000 metric tons during the month.

Emirates Steel Signs Contractor for Mill Recycling Services

05 September 2018 - Mill services contractor Phoenix Services LLC has signed a long-term agreement with Emirates Steel in the United Arab Emirates, the company has announced.

For the Moment, Steelworkers to Remain on the Job at U. S. Steel, ArcelorMittal

04 September 2018 - The United Steelworkers has agreed to contract extensions with ArcelorMittal USA and United States Steel Corporation as union employees continue to negotiate new labor deals with the integrated steelmakers.

POSCO Plans Multibillion Investment in Steel Plants

04 September 2018 - The world’s fifth-largest steelmaker said it is planning to invest the equivalent of US$23.2 billion in its steel plants over the next five years as part of a broader capital spending program.

Primetals Technologies Bags Order for Wire Rod Mill

04 September 2018 - JSW Steel has awarded a contract to Primetals Technologies for a new wire rod mill to be built at the steelmaker’s Vijayanagar works in India.

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 - thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

Hopes Buoyed for U.S.-Canada NAFTA Deal

30 August 2018 - Trade negotiations between the U.S. and Canada have taken a turn for the better, with officials on both sides suggesting that they think they can come to terms on a new North American Free Trade Agreement by Friday.

With Divestment of Australian Mine, Cleveland-Cliffs Returns Focus Entirely to North America

30 August 2018 - Iron ore miner Cleveland–Cliffs Inc. has finalized the sale of its Australian iron ore business, fully re-establishing itself as a regionally focused player in North America.

Contract Talks at ArcelorMittal USA, U. S. Steel Come Down to the Wire

30 August 2018 - Just days remain on the current labor contracts between the United Steelworkers union and America’s two largest integrated steelmakers, ArcelorMittal USA and United States Steel Corporation.

AISI: NAFTA Agreement Must Include Canada

27 August 2018 - The American Iron and Steel Institute called on the Trump administration on Monday to negotiate a revised North American Free Trade Agreement that includes Canada.

Sanjeev Gupta Wants to Buy a Shipyard – Where He'll Melt Ships in a Furnace

27 August 2018 - Steel entrepreneur Sanjeev Gupta, whose Liberty House has been buying up distressed assets in the U.S. and the U.K., has his sights on another target – a failing shipyard in India.

Mexican Steel Group Talks Quotas Instead of Tariffs with Trump Administration

24 August 2018 - The Trump administration reportedly is discussing the potential of lifting the 25% tariff on Mexican-made steel in exchange for accepting an import quota, according to Reuters news service.

SMS group Scores Contract for Plate Mill Upgrade

24 August 2018 - Denmark’s NLMK DanSteel has awarded a contract to SMS group to overhaul its heavy plate mill, the equipment manufacturer has announced.

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