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Latest News

European Materials Maker Acquires HyComp LLC

02 March 2018 - Rolling mill components manufacturer HyComp LLC has been sold to the performance plastics unit of French multinational Saint-Gobain for an undisclosed amount.

ArcelorMittal Tag-Teams With Japanese Steelmaker on Essar Bid

02 March 2018 - ArcelorMittal is partnering with Nippon Steel & Sumitomo Metal Corp. (NSSMC) to acquire Essar Steel India Ltd., the steelmaker said on Friday.

The World Reacts to President Trump's Section 232 Decision

02 March 2018 - On Thursday, U.S. President Donald Trump announced that he plans to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum under a trade law that allows the preside to restrict imports in the interests of national security.

UPDATE -- Trump to Set 25% Tariff on Imported Steel

01 March 2018 - U.S. President Donald Trump said Thursday that he plans to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum for the sake of national security, according to reports.

ArcelorMittal Executive: Our Offer for Essar Steel Is 'Very Competitive'

27 February 2018 - ArcelorMittal, one of the two companies vying for Essar Steel, is confident that it can turn around the distressed steelmaker, Brian Aranha, executive vice president and global strategy head, tells the (India) Economic Times in an interview.

JFE Steel Chooses Supplier for New Gas Scrubber

27 February 2018 - Japan’s JFE Steel has placed an order with Primetals Technologies for a dry-gas scrubber to serve a new sintering plant at its Fukuyama works.

ArcelorMittal Marks Opening of Laser-Welded Blanking Facility

26 February 2018 - ArcelorMittal Tailored Blanks has cut the ribbon on its third U.S. laser-welded automotive blanking facility in Detroit, Mich.  

Higher Prices, Better Demand Lift North Star BlueScope Sales

26 February 2018 - Midwestern U.S. sheet manufacturer North Star BlueScope Steel saw its first-half sales rise 8% on higher steel prices, healthy demand for auto and construction steels, and rising demand in the energy sector. 

Trump Reportedly Wants a Blanket Steel Tariff

26 February 2018 - ​U.S. President Donald Trump reportedly is in favor of imposing a blanket tariff on steel imports, according to the Bloomberg news service. 

Reports: JSW Steel Acquiring Italian, Indian Mills

23 February 2018 - JSW Steel has reached a deal to acquire Italian long products maker Aferpi from Algeria’s Cevital Group, according to Kallanish Commodities.

GFG Alliance Plans Continued M&A in 2018

23 February 2018 - Metals entrepreneur Sanjeev Gupta said his company will continue to snap up assets this year while looking to build up the former Arrium in Australia, he tells the Reuters news service in an interview.

HarbisonWalker Rounds Out Senior Leadership

23 February 2018 - Refractories manufacturer has named two manufacturing executives to its senior leadership team and has appointed a company veteran to lead development of new technologies, the company has announced.

Iraq Targets 2019 Start-Up for New Billet Plant

23 February 2018 - Danieli has won an order for an electric arc furnace and billet caster in Kurdistan, the company said Friday.

China's Average Daily Steel Output Expected to Jump in March

22 February 2018 - China’s steel production might “erupt” in mid-March when anti-pollution operating restrictions are lifted, reports the Reuters news service. 

American Industry Applauds Section 232 Recommendations; the Rest of the World is Criticizing Them

21 February 2018 - U.S. steel industry representatives said they are hopeful that the Commerce Department’s recommended tariffs and quotas will effectively check steel imports and are asking President Donald Trump to make a decision soon. 

Liberty House Pulls U.S., U.K. Mills Out of the Mothballs

20 February 2018 - The United Kingdom’s Liberty House Group has restarted an idled electric arc furnace in England and said it plans to put a closed U.S. wire rod mill back into service within the next four months.

Grupo Simec Starts Up Mexican SBQ Mill

20 February 2018 - Grupo Simec’s new bar and rod mill in Apizaco, Mexico, has rolled its first billet, the equipment supplier on the project has announced. 

Three Vying for Ownership of Bhushan Steel

20 February 2018 - Officials overseeing Bhushan Steel Ltd.’s insolvency process have begun weighing offers for the Indian cold-rolled producer, according to the Press Trust of India. 

ArcelorMittal to Furnish Cryogenic Plate for U.S. Petrochemical Plant

20 February 2018 - ArcelorMittal has won an order for 770 metric tons worth of specialty steel plates from Royal Dutch Shell, the steelmaker said on Monday. 

U.S. Commerce Secretary Recommends Quotas, Tariffs to Control Imports

16 February 2018 - The U.S. Commerce Department has concluded that steel and aluminum imports threaten U.S. national security and should be restricted through hefty tariffs and quotas, Commerce Secretary Wilbur Ross said Friday.

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