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Latest News

Decision Time: Trump Receives Commerce Department's Awaited Section 232 Report

12 January 2018 - The U.S. Department of Commerce has concluded its Section 232 investigation on steel imports and has sent its long-awaited report to President Donald Trump, but it will not immediately release its findings and conclusions, officials have announced.

SMS group Announces Leadership Change in Digitalization Unit

12 January 2018 - SMS group has hired a university president to lead its digitalization and automation businesses.

For President Trump, Decision on Steel Tariffs Looms

11 January 2018 - Within the next four days, the U.S. Department of Commerce is to send to the president its much anticipated report on whether imported steel poses a threat to national security.

Indian Steel Production Crosses 100M Ton Threshold

11 January 2018 - For the first time in its history, India’s annual crude steel production has exceeded 100 million metric tons. 

Primetals Technologies Names New Chief Executive for U.S. Operations

11 January 2018 - Primetals Technologies Ltd. has appointed a Mitsubishi Heavy Industries veteran to the helm of its U.S. operations, the company has announced. 

Kentucky Mini-Mill to Close Permanently

11 January 2018 - A Kentucky mini-mill intends to shut down permanently by the end of winter, putting 113 people out of work. 

Danieli Wins Order for New Nucor Mill

09 January 2018 - Nucor Corp. has chosen Danieli as the primary technology supplier for its planned rebar micro-mill in Sedalia, Mo., USA. 

Newly Built Pellet Plant Achieves Production Goal

09 January 2018 - A new Russian pelletizing plant has reached its design capacity and is now producing more than 500,000 metric tons of commercial-grade pellets per month.

Fives Expands Machine Tool Services Business Through Acquisition

09 January 2018 - Konecranes has sold its U.S.-based machine tool service unit to industrial engineer Fives for an undisclosed amount, Fives said on Tuesday. 

Report: SAIL, ArcelorMittal Consider Joint Offer for Indebted Steelmaker

09 January 2018 - ArcelorMittal and the Steel Authority of India Ltd. (SAIL) reportedly are weighing a joint bid for India’s Bhushan Steel, which was forced into insolvency proceedings last year, reports financial portal moneycontrol.com. 

Tenova Promotes COO to Lead Metals Division

08 January 2018 - Tenova S.p.A. has named a company veteran as chief executive of its metals division, the equipment manufacturer announced Monday. 

Algoma Looks to Resume Labor Negotiations

08 January 2018 - Canadian steelmaker Algoma, which has been operating under creditor protection for more than two years, wants to return to the bargaining table with the United Steelworkers union and resolve the last major issue standing in the way of a restructuring, reports the online sootoday.com. 

Key Belgian Port Sees Steel Volumes Rise

08 January 2018 - Europe’s top steel port expects to report a 43% increase in its 2017 steel volumes, reports Breakbulk Magazine. 

China Sets New Steel Capacity Rules

08 January 2018 - The Chinese government is imposing new rules on steelmakers who want to build new capacity, reports the Reuters news service. 

ArcelorMittal Wades Deeper Into Solar Market

05 January 2018 - ArcelorMittal is acquiring the assets of a bankrupt manufacturer of solar farm trackers, the steelmaker has announced. 

Danieli Corus Lands Orders for Process Control Systems

05 January 2018 - Danieli Corus has won orders for sublance-based process control systems that are to be installed at two Chinese steel plants. 

GFG Alliance Acquires Australian Coking Coal Mine

02 January 2018 - The family-owned company that acquired Australia’s Whyalla steel works last summer has a deal to buy a metallurgical coal mine that supplies it. 

New Owner of Stalled Taconite Project Prepares to Move Forward

28 December 2017 - The Essar Steel Minnesota project has emerged from Chapter 11 bankruptcy under new ownership and is firing new legal shots at would-be competitor Cleveland-Cliffs Inc., reports the Duluth News Tribune newspaper. 

Mechel Enters Coke Supply Agreement with Serbian Mill

28 December 2017 - Russian miner and steelmaker Mechel PAO has signed an agreement to supply 120,000 metric tons of coke to Serbia’s lone steel mill. 

Investment Firm Acquires Steel Technical Center

27 December 2017 - An investment firm that owns metals and logistics businesses has acquired Heidtman Steel’s automotive steel technical center for an undisclosed amount.

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