Steel News

British Steel Names New CEO

25 April 2019 - Gerald Reichmann has taken the reins of British Steel as its new chief executive officer, the company has said.

2019 Could Be a Milestone Year for Indian Steel Consumption

11 April 2019 - India’s domestic steel demand is expected grow more than 7% this year and is likely to cross the 100 million metric ton threshold, according to The (India) Economic Times.

Portuguese Rolling Mill Slates Major Upgrade for 2020

11 April 2019 - Long products producer Megasa Group has announced a major modernization project at its SN Seixal rolling mill in Portugal, according to the supplier on the project.

SSAB Eyes Lifting Machine Market for New High-Strength Grade

11 April 2019 - SSAB has introduced a new grade of hot-rolled strip grade designed for applications that require welded joints, particularly lifting equipment.

Fortescue CEO Sees Chinese Steel Production Rising This Year

11 April 2019 - China’s crude steel production potentially could grow to more than 950 million metric tons this year, according to the chief executive of iron ore miner Fortescue Metals Group.

Sims Metal Unveils North American Growth Plans

11 April 2019 - Metals recycler Sims Metal Management said it plans to grow its North American ferrous recycling business by around 40% over the six years.

Paul Wurth to Participate in Blast Furnace Overhaul

11 April 2019 - Russia’s PAO MMK has contracted blast furnace specialist Paul Wurth for a rebuild of an 87-year-old blast furnace at its Magnitogorsk works.

Universal Stainless Celebrates US$10 Million Upgrade

09 April 2019 - Universal Stainless and Alloy Products Inc. has officially unveiled US$10 million worth of improvements to its Dunkirk, N.Y., facility.

Japan's Steelmakers Raise Mandatory Retirement Age

09 April 2019 - Japan’s aging population has created ever-present labor shortages for employers, but four Japanese steelmakers have found one workaround: keep the employees they have longer.

Nucor Progresses on Danieli Micro-Mills

09 April 2019 - Danieli said it has begun manufacturing equipment for Nucor Corp.’s planned micro-mill in Florida as work progresses on the company’s other such facility in Missouri.

Turkish Plant Upgrades Environmental Controls

09 April 2019 - Turkey’s Karabük Demir Celik Sanayi ve Ticaret A.S. has equipped the sinter plants at its iron and steel works with new offgas cleaning systems, reports the equipment supplier, Primetals Technologies.

Union Partners Acquires Tube Maker, Fabricator

04 April 2019 - Illinois-based metals investment firm Union Partners has acquired steel tubing producer and fabricator National Metalwares for an undisclosed amount, the firm announced Thursday.

Pipe Maker Plans New Spiral Weld Mill

04 April 2019 - SMS group has been awarded a contract to build a spiral pipe mill for American SpiralWeld Pipe, a manufacturer of municipal and industrial water and wastewater lines.

NLMK Reheat Furnace Replacement Moves Ahead

04 April 2019 - NLMK Group is progressing on installation of a new RUB4.4 billion (US$67.5 million) reheat furnace at its Lipetsk plant in Russia, the steelmaker said on Wednesday.

Salzgitter, Tenova to Collaborate on New DRI-EAF Production Route

04 April 2019 - Salzgitter AG and Tenova have agreed to work together on a project that eventually will shift Salzgitter’s production route away from blast furnaces.

Report: Tata, thyssenkrupp Offer List of Assets to Sell, Hope to Satisfy Competition Concerns

04 April 2019 - Tata Steel and thyssenkrupp are willing to divest assets in Belgium, Spain and the U.K. to win anti-trust approval for their proposed European int venture, reports the Bloomberg news service.

Chinese Mills Should Throttle Back Production, Industry Official Says

01 April 2019 - The chairman of the China Iron & Steel Association is calling for domestic mills to restrain production as output rises despite that the country’s economy appears to be cooling.

AltaSteel Completes Major Electrical System Upgrade

01 April 2019 - Canadian merchant bar manufacturer AltaSteel has upgraded switchgear at its Edmonton, Alberta, plant, according to the equipment supplier on the project.

Steel Capacity Continues to Outpace Need, OECD Says

01 April 2019 - Global steelmaking capacity could grow between 4% and 5% in the next three years, worsening a 425.5 million metric ton gap, according to the Organisation for Economic Co-operation and Development’s steel committee.

Danieli Receives Performance Certificate on Texas EAF Upgrade

29 March 2019 - Gerdau Long Steel North America’s Midlothian, Texas, mill has completed an upgrade to its B furnace and issued the final acceptance certificate, according to the technology supplier on the project.