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Latest News

SSAB Floats Product Data into the Cloud

24 May 2018 - SSAB is rolling out a new service that provides customers with cloud-based traceability and documentation of the steel they buy.

India Nears Completion of Scrap Steel Policy

24 May 2018 - India is finalizing a national steel scrap policy and plans to open 20 scrapyards as it moves toward lifting steel production to 300 million metric tons annually, reports the Press Trust of India.

SMS group Receives Order for Slab Caster

23 May 2018 - NLMK Group has awarded a contract for a new thick slab caster to SMS group, the equipment supplier has announced.

Another Protest Filed Against Section 232 Tariffs

23 May 2018 - India has become the latest country to file a complaint with the World Trade Organization over the Trump administration’s 25% tariff on imported steel, reports the Reuters news service.

Severstal Contracts Primetals Technologies for Strip Mill Improvements

22 May 2018 - Primetals Technologies has won a contract to upgrade the primary hot strip mill at PAO Severstal’s Cherepovets steel works, the equipment supplier said on Tuesday.

Salzgitter Buys Specialty Tube Producer in France

22 May 2018 - Salzgitter Group subsidiary Mannesmann Stainless Tubes GmbH has acquired French stainless tubemaker Société Technique d'Etirage de Précision (SOTEP) for an undisclosed amount, the company has announced.

Mnuchin: Tariffs on Chinese Steel Will Remain

22 May 2018 - Although the U.S. has agreed to hold off on imposing US$150 billion in tariffs on Chinese technology and other products, the Section 232 tariffs on Chinese steel will remain, Treasury Secretary Steven Mnuchin said.

Former Gerdau Manager to Lead Revived South Carolina Mill

21 May 2018 - Liberty Steel USA, which is preparing to restart its recently acquired wire rod mill in Georgetown, S.C., has hired a new general manager to oversee the facility.

China Will Step Down Steel Capacity, Executive Says

21 May 2018 - China’s steel industry will continue to reduce capacity, lowering it to under 1 billion metric tons by 2025, said Yu Yong, president of the China Iron and Steel Association, according to the Reuters news service.

Danieli Awarded Contract for Greenfield Wire Rod Mill

21 May 2018 - Concrete reinforcement products maker Van Merksteijn International has chosen Danieli to equip a new mini-mill at the port of Eemshavenin in the Netherlands.

Harsco Extends, Expands Role at ArcelorMittal's French Operations

21 May 2018 - Mill services contractor Harsco Corp. has renewed two logistics and packaging contracts – and signed four new agreements – with ArcelorMittal Atlantique & Lorraine in France, the company has announced.

Big River CCO Steps Aside

18 May 2018 - Big River Steel chief commercial officer Mark Bula is leaving the company to pursue new entrepreneurial opportunities, the steelmaker has announced.

Commerce Department Sides with U.S. Cold-Rolled, Corrosion-Resistant Producers in Circumvention Case

18 May 2018 - Overseas producers were circumventing U.S. anti-dumping measures by converting Chinese-made, hot-rolled coils to corrosion-resistant and cold-rolled steel in Vietnam, the U.S. Commerce Department ruled on Thursday.

JSW Steel Reaches Deal to Acquire Italian Long Products Facility

18 May 2018 - JSW Steel has locked up a deal to acquire Italy’s struggling Aferpi long products mill from the Cevital Group, according to reports.

Chinese Mills Begin Beefing Up Scrap Infrastructure

18 May 2018 - As China’s electric arc furnace capacity rises, Chinese steel mills are subsequently investing in scrap processing equipment, reports the Reuters news service.

Union Partners Adds Another Service Center to Its Roster

17 May 2018 - Union Partners, a Chicago-based investment firm with a growing portfolio of steel and metals businesses, has acquired Contractors Steel for an undisclosed amount, the firm announced Thursday.

20% of India's Steel Capacity Is Up for Grabs

17 May 2018 - Acquisitive steelmakers are offering to pay the equivalent of US$14 billion for one-fifth of India’s steelmaking capacity, reports the online publication Quartz.

Service Center to Set Up Shop at Nucor Steel-Arkansas

17 May 2018 - California-based service center Calstrip Industries Inc. is planning to build a 300,000-square-foot processing plant at Nucor Steel-Arkansas, an investment that will help support the new specialty cold rolling mill being installed there.

Algoma, United Steelworkers Come to Terms on Tentative Labor Agreement

16 May 2018 - Canadian steelmaker Algoma has reached a tentative labor agreement with unionized workers, possibly clearing one of the last hurdles before its exit from creditor protection, reports The Salut Star newspaper in Ontario.

Outokumpu Acquires Full Ownership in Joint Venture Mill

16 May 2018 - Finnish stainless producer Outokumpu is buying out its partner in its joint venture wire rod mill and will take full ownership of the facility.

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