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Latest News

SMS group Lands Significant Order From Ukrainian Steel Mill

27 December 2017 - PJSC ArcelorMittal Kryvyi Rih has awarded a contract for two secondary metallurgy plants and two billet casters to SMS group, the equipment supplier has announced.

Stainless Re-Rolling Mill Returns to Service

27 December 2017 - Danieli Service recently helped to restart an idled stainless re-rolling mill in the in the Kingdom of Bahrain, the company said in an announcement.

Tata Board OKs US$3.7 Billion Expansion Project

26 December 2017 - Tata Steel Ltd.’s board of directors has approved a project that will more than double the capacity at the company’s new Kalinganagar works in the state of Odisha.

thyssenkrupp, Union Reach Deal on Steel Joint Venture

26 December 2017 - Germany’s thyssenkrupp AG has come to terms on a labor agreement with its union workforce, a critical step toward finalizing the joint venture combination of its steelmaking business with Tata Steel Ltd.'s European operations.

British Steel CEO Steps Aside

26 December 2017 - Less than a year into his tenure, the chief executive of the new British Steel has stepped down, reports the (London) Financial Times.

Fives Expands Lineup of Pipe and Tube Machines

26 December 2017 - Machine builder and industrial engineer Fives has acquired the intellectual property of an Italian manufacturer of pipe and tube equipment.

Steelmaker Closes on Deal for Shuttered Wire Rod Plant

21 December 2017 - British steelmaker Liberty House Group has completed its acquisition of a closed wire rod plant in South Carolina and plans to restart production this spring.

JSW Steel Puts Casters, Strip Mill on Order

21 December 2017 - India’s JSW Steel Ltd. has ordered a new hot strip mill and two continuous slab casters for its Dolvi plant in Maharashtra as a part of a project that will double the integrated plant’s capacity to 10 million metric tons annually.

Tenova Contracted For TimkenSteel Furnace Control Improvements

21 December 2017 - Tenova has won an order to upgrade the electric arc furnace at TimkenSteel Corp.’s Faircrest plant, the company has announced.

FLANDERS Grows Customer Base Through Acquisition

21 December 2017 - U.S.-based power and control systems manufacturer and engineer FLANDERS Inc. has acquired an electric motor repair shop for an undisclosed amount, the company has announced.

China Scraps Steel Export Tax

15 December 2017 - China is reducing or altogether eliminating its export tax on certain steel products, a move that likely will inflame trade tensions with the U.S. and European Union, according to reports.

Steel of West Virginia's Timothy Duke Announces Retirement (Update)

14 December 2017 - Timothy R. Duke, Steel of West Virginia Inc.'s veteran chief executive, said he’ll retire at year’s end, concluding a 31-year career with the company.

Swiss Steel to Trial Quality Control Software Package

12 December 2017 - SCHMOLZ + BICKENBACH Group’s Swiss Steel Emmenbrücke has placed an order with MET/Con for a quality management system, according to an announcement.

Allegheny Technologies Bags Big Order for Pipeline Repair

08 December 2017 - Stainless and specialty alloy producer Allegheny Technologies Inc. has landed a US$30 million order related to a pipeline repair project, the company has announced.

Sandvik Strikes Deal to Sell Tooling Components Manufacturer

08 December 2017 - U.S.-based private equity firm KKR has reached an agreement to acquire Sandvik Hyperion, a manufacturer of industrial tooling components, for about US$472.3 million.

Commerce Department Slaps Tariffs on Steel Made in China but Finished in Vietnam

07 December 2017 - In a precedent-setting decision, the U.S. Department of Commerce has ruled that China is circumventing steel tariffs by shipping products to Vietnam for finishing before exporting them to the United States.

Chinese Mill Issues Acceptance Certificate on Caster Upgrades

07 December 2017 - China’s Changzhou Zhongtian Iron & Steel has signed off on upgrades to a continuous bloom caster at its mill, according to the equipment supplier on the project.

Global Steel Production Grew in 2016. Here's How Much.

05 December 2017 - Global crude steel production rose 0.5% to nearly 1.63 billion metric tons in 2016, according to the World Steel Association’s latest annual statistical yearbook.

SMS group Lands Supporting Order for Galvanizing Line Project

05 December 2017 - SMS group has received a supplementary order for a production planning system to serve the US$176 million pickling and galvanizing line it is building for Nucor Corp.’s Gallatin sheet mill in Kentucky.

Indian Steelmaker Lights New Blast Furnace

05 December 2017 - India’s Bhushan Power & Steel Ltd. has tapped the first batch of hot metal from the new No. 2 blast furnace at its Rengali facility in Odisha, according to the furnace builder.

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