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Latest News

Trump: 'The Days of Plundering American Jobs ... Are Over'

27 July 2018 - In his effort to prop up American steelmaking, President Donald Trump has pointed to United States Steel Corporation and the restart of its Granite City blast furnaces as an example of his trade policy success.

Nucor Lays Bet on New Electroplating Process

27 July 2018 - Nucor Corp. is investing in a start-up company developing a chrome-plating process that substitutes toxic hexavalent chromium for a trivalent chromium, its safer form.

SMS group to Build Meltshop for New Austrian Mill

27 July 2018 - SMS group has been chosen to outfit the meltshop at a planned special steel plant in Austria, the equipment supplier said on Friday.

NAFTA Talks Ready to Resume, Mexican Official Says

27 July 2018 - Mexican Economy Secretary Ildefonso Guajardo said that his country and the U.S. are ready to pick up stalled negotiations on revisions to the North American Free Trade Agreement, according to the Reuters news service.

Global Steel Production Is Up. Here's How Much.

26 July 2018 - Global crude steel production rose 881.4 million metric tons in the first half of 2018, reports news and pricing provider S&P Global Platts. 

U.S., EU Hope to 'Resolve' Steel Tariffs

26 July 2018 - U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday that the two economies would work toward removing tariffs on industrial and goods and “resolve” the 25% steel tariffs imposed by the U.S. 

Italian Government Launches Examination of Ilva Bidding

25 July 2018 - The Italian government has opened a review into the bidding process for Ilva and could potentially rescind its agreement to sell the business to ArcelorMittal, reports Kallanish Commodities.  

Danieli Awarded Contract for Chinese Micro-Mill

25 July 2018 - Chinese steelmaker Guilin Pinggang Iron & Steel has ordered a Danieli micro-mill, handing the equipment supplier its 15th order globally for such facilities.  

Red Bud Industries Lands Order for Coil Processing Line

25 July 2018 - Red Bud Industries has won an order for a 60-inch, high-speed slitting line from an Illinois-based service center, the coil processing equipment manufacturer has announced. 

Steel Dynamics Working on Deal for Idled Mill in Kentucky

24 July 2018 - Steel Dynamics Inc. is planning to acquire a shuttered bar mill in Kentucky, chief executive Mark Millett said Tuesday. 

Timken Expands Power Transmission Business With Cone Drive Acquisition

24 July 2018 - The Timken Co. is acquiring precision drives manufacturer Cone Drive for an undisclosed amount, it announced on Tuesday. 

Steelworkers, ArcelorMittal Get to Work on New Contract

24 July 2018 - Despite the overall health of the steel industry, the United Steelworkers union and ArcelorMittal USA appear to have some difficult bargaining sessions ahead of them as they begin work on a new labor contract, reports The Times newspaper of northwest Indiana. 

Cleveland-Cliffs Expects Heavier Iron Ore Pellet Sales

23 July 2018 - Iron ore miner Cleveland-Cliffs Inc. has revised up its full-year sales forecast, saying that it now expects to sell 21 million long tons’ worth of pellets on account of healthy demand.

Steelmaker Places Order for Unmanned Crane System

23 July 2018 - POSCO ICT, the IT and engineering subsidiary of South Korean steelmaker POSCO, has signed an agreement to supply an autonomous crane system to a Chinese steel plant.

Ohio Steel Processor Announces Expansion

23 July 2018 - Coil processor Fulton County Processing will add a fourth slitting line to its Delta, Ohio, facility, increasing its overall capacity to 1.2 million tons annually, the company has announced.

China Takes a New Tack on Air Pollution Reduction

23 July 2018 - China plans to set varying production cuts among its steel mills as it adopts a more tailored approach to reducing air pollution, reports the Reuters news service.

USW Kicks Off Contract Negotiations with U. S. Steel, ArcelorMittal

11 July 2018 - The United Steelworkers union has opened labor negotiations with United States Steel Corporation and ArcelorMittal USA, beginning the work to replace contracts that expire 1 September.  

Adjusting Strategy, JSW Steel Goes on the Hunt for Niche Producers

11 July 2018 - Having lost the bidding for several distressed assets, India’s JSW Steel is adjusting its acquisitions strategy and will look for smaller, niche producers, according to the Reuters news service.  

SeAH Returns Upgraded Converter to Service

11 July 2018 - South Korean stainless producer SěAH CSS has completed upgrades to the 100-ton converter at its Changwon mill, according to the contractor on the project. 

Primetals Technologies Receives Final OK on German Furnace Improvements

10 July 2018 - German stainless and nickel alloy producer BGH Edelstahlwerke GmbH has signed the final acceptance certificate on upgrades to an electric arc furnace, according to the equipment supplier on the project. 

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