Steel News

UAW Members Approve New AK Steel Labor Agreement

15 July 2019 - Union employees at AK Steel Corp.’s Butler works in Pennsylvania have ratified a three-year labor contract with the company.

Mill Contract Sets Investment to Support Nucor Mill

15 July 2019 - Mill services contractor TMS International is building a facility in Sedalia, Mo., USA, to serve Nucor Corp.’s new micro-mill, the company has announced.

Nippon Steel Plans Divestments to Raise Cash

15 July 2019 - Japan’s Nippon Steel Corp. plans to sell off as much as US$1.85 billion worth of assets to help pay for its acquisition of Essar Steel in India and other things, reports The Nikkei Asian Review.

NLMK Opens Gas Recovery Plant

15 July 2019 - NLMK Group has put a RUB4.6 billion (US$73.4 million) by-products recovery plant into service at its Lipetsk site in Russia, the steelmaker has said.

Salzgitter Greenlights New Galvanizing Line, Signs SMS group to Project

11 July 2019 - Salzgitter AG will proceed with the installation of a third galvanizing line at its Salzgitter Flachstahl mill and has chosen SMS group to build it, the company announced Thursday.

Primetals Technologies Sees Increasing Demand for Caster Optimization Packages

11 July 2019 - Primetals Technologies has reached a new sales milestone, signing a contract to install its 150th level 2 process automation package for continuous casters in the last 10 years.

Danieli Inks Contracts for Rolling Mill, EAF Packages

11 July 2019 - Two Chinese steel producers have placed separate orders with Danieli for a new rebar mill and a scrap charging technology package.

Samuel, Son & Co. Names New CEO

09 July 2019 - A veteran metals executive is set to take over leadership of Ontario-based metals distributor and fabricator Samuel, Son & Co. Ltd. later this summer.

Chinese Steelmaker Implements New Production Management System

09 July 2019 - China’s MaSteel has gone live with a new production management system that will coordinate activity on 50 lines at five plants, according to the system vendor, PSI Group.

SMS group, Voith Team Up to Create IoT Solutions

09 July 2019 - Industry suppliers SMS group and Voith have struck up a partnership to cooperatively develop Industrial Internet of Things platforms.

Commerce Department Puts New Tariffs on Certain Fabricated Construction Steels

09 July 2019 - The U.S. Commerce Department has set anti-subsidy duties on fabricated structural steel from China and Mexico.

voestalpine CEO Formally Hands Off Baton to Successor

08 July 2019 - voestalpine veteran Herbert Eibensteiner has taken the reins as the company’s new chief executive officer (CEO) and management board chairman.

U.S. Sets Preliminary Anti-Circumvention Duty on Certain Vietnamese Steels

08 July 2019 - The U.S. Department of Commerce is imposing new duties on certain cold-rolled and corrosion-resistant steels from Vietnam, arguing that exporters are trying to circumvent fair trade measures by routing substrate from Korea and Taiwan through Vietnam.

Mississippi Lime Expands Through Acquisition

08 July 2019 - Mississippi Lime Co. is acquiring a Calera, Ala., lime processing facility for US$135 million in cash.

Potential Buyers Lining Up to Acquire British Steel

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper.

Global Steelmaking Capacity Could Grow as Much as 5% by 2021

02 July 2019 - Global steelmaking capacity declined slightly in 2018, but projects that are underway now or have been proposed could bring about more than 100 million metric tons of new capacity over the next three years, according to Organisation for Economic Co-operation and Development.