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Latest News

Mexico Slaps Retaliatory Tariffs on U.S. Whiskey, Agricultural Products

06 June 2018 - Mexico said it will impose tariffs on American steel, Tennessee whiskey and pork, among other products, as payback for a 25% tariff on Mexican steel, according to the Bloomberg news service.

Ryerson Expands Through US$140M Acquisition

06 June 2018 - Steel processor and distributor Ryerson Holding Corp. has reached to a deal to acquire a metal service center with locations in the eastern and central United States.

Tenova Bags Orders for Two EAFs

06 June 2018 - China’s Shandong Laigang Yongfeng Steel Corp. has awarded a contract to Tenova for the retrofit of two new electric arc furnaces at its plant in Dezhou City, Shandong Province.

EU to Move Ahead with Tariff Complaint at WTO

01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum. 

Anger Over Steel Tariff Decision Overshadows G-7 Meeting

01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service. 

USW: Section 232 Tariff on Imported Canadian Steel is 'Unacceptable'

01 June 2018 - The United Steelworkers union slammed the Trump administration for imposing the 25% tariff on imported Canadian steel, saying that it is unacceptable to subject America’s closest ally to a measure pegged to national security.

House Speaker Breaks With Trump Administration on Section 232 Tariff

01 June 2018 - House Speaker Paul Ryan has come out against the Trump administration’s decision to subject the country’s closest allies to the Section 232 steel and aluminum tariffs. 

EU, Canada and Mexico Will Face 25% Steel Tariff

31 May 2018 - The Trump administration is going ahead with its 25% tariff on steel imports from Mexico, Canada and the European Union and will begin assessing it on Friday.

Italian Company Bags Orders for Three New Furnaces

31 May 2018 - Two North American steelmakers have awarded contracts to Italian furnace builder Forni Industriali Bendotti for new reheat furnaces.

AK Steel Rolls Out New Electrical Steel

31 May 2018 - AK Steel Corp. is bringing to market a new family of high-permeability grain oriented electrical steels (GOES) designed for high- and ultrahigh-voltage transformers.

ArcelorMittal North America Executive Announces July Retirement

29 May 2018 - ArcelorMittal North America chief executive Robrecht Himpe will retire this summer, concluding a 37-year career with the company and a predecessor. 

Synalloy Expands on Marcegaglia U.S. Pipemaking Acquisition

29 May 2018 - Stainless and alloy pipe maker Bristol Metals LLC is rounding out its acquisition of Marcegaglia’s U.S. manufacturing operation, acquiring its galvanized tube operations near Pittsburgh, Pa., USA for US$10 million. The company also is acquiring the physical plant through a separate sale-leaseback arrangement for an additional US$10 million. 

Investment Firm Takes Another Shot at Acquiring Boiler Maker

25 May 2018 - Boiler and pollution control systems maker Babcock & Wilcox Enterprises Inc. said it is reviewing a nonbinding offer for the business from its largest shareholder, Steel Partners Holdings.

TMK Remains Committed to Public Offering for IPSCO Shares

25 May 2018 - Despite having canceled an initial public offering for its U.S. subsidiary, Russian pipe and tube maker TMK said it still intends to take IPSCO Tubulars public.

Trailer Manufacturer Claims Swedish Steel Prize

25 May 2018 - SSAB has awarded the 2018 Swedish Steel Prize to Italian trailer manufacturer Mantella for its innovative rear-tipping semi-truck trailer.

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. 

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