Steel News

POSCO Aims to Supply Emerging Market for Maritime Sulfur Scrubbers

19 September 2019 - South Korean steel giant POSCO is bringing to market a super alloy stainless steel designed for sulfur scrubbers installed on ocean-going vessels.

Primetals Technologies, Tata Steel Europe Commission Automation System – From Afar

19 September 2019 - Primetals Technologies and Tata Steel Europe reached a first in their 50-year relationship – Primetals Technologies remotely commissioned a new level 2 automation system for a caster.

Liberty Steel to Begin EUR400 Million Expansion of European Steel Works

19 September 2019 - Sanjeev Gupta, Liberty Steel founder and international metals and industrial entrepreneur, pledged EUR400 million over five years to build Liberty Steel’s newly acquired European steel works into a major force in the global steel industry.

Nucor, SDI Say Lower Steel Prices Likely to Weigh on Q3 Profits

18 September 2019 - Steel Dynamics Inc. and Nucor Corp. are forecasting lower third-quarter profits on account of declining steel prices.

BILSTEIN GROUP Nears Completion on German Cold Rolling Mill

18 September 2019 - German cold-rolled products maker The Bilstein Group is preparing to commission a new wide quarto reversing mill in Germany, a facility it calls one of the most technologically advanced worldwide.

thyssenkrupp Spin-Off to Focus on IOT Solutions

18 September 2019 - thyssenkrupp has created a new consulting and technology services company intended to help others undertake their own digital transformations.

Midrex Technology Selected for H2-Based Iron Reduction Plant

17 September 2019 - The world’s largest steelmaker has chosen Midrex Technologies to build a demonstration-scale, ironmaking plant that uses hydrogen reduction.

Stelco Cuts the Ribbon on CA$30 Million Batch Anneal Plant

17 September 2019 - Stelco on Monday marked the opening of its new CA$30 million batch anneal facility, a project that has expanded the range of cold-rolled products the Canadian steelmaker is able to offer.

New Caster Planned for Nucor Bar Mill

17 September 2019 - Nucor Corp. has unveiled plans to invest an additional US$40 million in it is Kankakee bar mill in Illinois, where it already is installing a new merchant bar mill.

Turkish Producer Plans New Blast Furnace

17 September 2019 - The board at Turkey's Kardemir has OK'd plans to build a new blast furnace, a move that will lift the company's hot metal capacity by 1 million metric tons, the company has said.

Timken to Acquire BEKA Lubrication

17 September 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.

Triple-S Steel Buys Shamrock Steel to Expand Customer Base

12 September 2019 - Houston-based structural steel supplier and fabricator Triple-S Steel Holdings Inc. has acquired the assets of Shamrock Steel Sales for an undisclosed amount.

British Steel Chief Executive Steps Down

12 September 2019 - Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.

Danieli to Supply New Quench and Self-Temper Line to Nucor Bar Mill

12 September 2019 - Danieli will be installing a new quenching and self-tempering system at Nucor Steel’s Marion, Ohio, USA, facility, the supplier reports.

ArcelorMittal Joins Carbon Sequestration Project

11 September 2019 - The world’s largest steelmaker has joined a project that will explore carbon capture and storage in Europe.

O’Neal Industries Acquires Tubing Manufacturer

11 September 2019 - Service center operator and components maker O’Neal Industries Inc., has acquired the assets of a specialty tube maker for an undisclosed amount.

Furnace at Nippon Steel’s Kimitsu Works Damaged in Typhoon

11 September 2019 - Nippon Steel Corp. has temporarily idled a steelmaking unit at its Kimitsu Steel Works after a chimney collapsed during a typhoon on Monday, according to the Reuters news service.

Slag Heaps Can Help Sequester Carbon Dioxide, Researchers Say

11 September 2019 - With a little bit of management, slag heaps could offer steelmakers a convenient and inexpensive way to capture carbon and offset emissions, according to a new study by researchers at the University of Leeds.

US$1 Billion Steelmaking Facility Planned for the Philippines

10 September 2019 - Philippine steelmaker SteelAsia Manufacturing Corp. and China’s HBIS Group Co. Ltd. are partnering to build an integrated steelmaking facility in the Batangas province in the Philippines, according to a government newswire.

SSAB Auto Steel Receives OK from Indian Government

10 September 2019 - SSAB’s line of hot- and cold-rolled Docol® automotive steel has received its Bureau of Indian Standards (BIS) certification, the company reports.