Open / Close Advertisement

Industry

Latest News

Section 232 Decision Prompts U. S. Steel to Restart Illinois Blast Furnace

07 March 2018 - United States Steel Corporation plans to restart the B blast furnace at its Granite City Works in Illinois as a result of President Donald Trump’s proposed blanket tariff on imported steel, the company said on Wednesday. 

Quality Control Problems Prompt Kobe Steel CEO, Other Executives to Resign

06 March 2018 - Kobe Steel chairman and chief executive Hiroya Kawasaki said he’ll resign at month’s end because of the quality control scandal that affected more than 600 customers. 

German Steelworks Turns on New Cooling System

06 March 2018 - SMS group has successfully retrofitted a German slab caster with a new secondary cooling system, the equipment supplier reported Tuesday. 

Tenova Lands Contract for Annealing Facility

06 March 2018 - Tenova LOI Thermprocess and its Chinese subsidiary, Tenova LOI Thermprocess (Tianjin) Co. Ltd., have won an order for a wire rod annealing plant.

Trump on Steel Tariffs: 'We're Not Backing Down'

05 March 2018 - Here’s a look at some of the latest developments in the Trump Administration’s plans to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum. 

ArcelorMittal Names New President

05 March 2018 - ArcelorMittal chief financial officer Aditya Mittal has been appointed as the company president, the steelmaker announced Monday.

Report: Kobe Steel Chairman to Step Aside

05 March 2018 - Kobe Steel chairman and chief executive Hiroya Kawasaki reportedly is preparing to resign his post over the quality control problems that have shaken the company and left customers scrambling to verify safety of their products, reports the Nikkei Asian Review. 

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.