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Third Time's a Charm: Steelworkers Ratify Labor Agreement with TimkenSteel

05 December 2017 - Members of the United Steelworkers union have overwhelmingly ratified a four-year labor agreement with TimkenSteel Corp., the company has announced.

Steel Countries Reach Initial Agreement on Excess Capacity

01 December 2017 - Roughly three dozen nations have agreed to a set of principles addressing the world’s excess steel capacity, but some industry representatives say more action is needed to solve the problem.   

Mittal: Steel May See Better Times Over the Next Several Years

01 December 2017 - The steel industry recovery might be a “multiyear phenomena,” ArcelorMittal chief financial officer Aditya Mittal tells Bloomberg news service. 

India Looks to EAFs to Meet National Production Goal

01 December 2017 - India Steel Minister Chaudhary Birender Singh said his country will encourage electric arc furnace production as a way to increase steel output, reports the Press Trust of India. 

Commercial Metals to Expand Spooled Rebar Capacity

30 November 2017 - Commercial Metals Company (CMC) plans to add rebar spooling capabilities to its original micro-mill in Mesa, Ariz., USA, the company announced Wednesday. 

Italian Steelmaker Adding Continuous Rolling Capabilities to Rebar Mill

30 November 2017 - Primetals Technologies has received an order for its ERT-EBROS billet welding system from Italy’s Ferriera Valsabbia S.p.A., which plans to install the technology at its Odolo mill in the province of Brescia. 

Tenova Wins First-in-Market Order for Offgas Analysis System

30 November 2017 - Japan’s Tokyo Steel Co. Ltd. has ordered an offgas analysis system from Tenova, the equipment supplier said on Thursday. 

Steel Summit on Overcapacity Opens Thursday

29 November 2017 - Representatives of the Group of 20 countries, along with those from certain others, are to begin a new round of talks Thursday over the world’s excess steelmaking capacity -- and America’s potential response to the problem. 

Steelmaker Plans US$2.1 Billion Investment in Bangladesh

29 November 2017 - China’s Kunming Iron and Steel Holding Co. plans to invest more than US$2.1 billion in an iron and steel plant and other facilities in Bangladesh, reports Xinhua, China’s official state news agency. 

SMS to Build Auto Steel Galvanizing Line for Chinese Mill

29 November 2017 - SMS group has won a contract to build a new continuous hot-dipped galvanizing line for China’s Shougang Jingtang United Iron & Steel Co. Ltd., the equipment manufacturer said. 

GFG Alliance Looks to Significantly Increase U.K. Steel Output

28 November 2017 - A family-owned group of companies has announced its intent to add 5 million metric tons of steelmaking capacity in the United Kingdom. 

Commercial Metals CEO Named Board Chairwoman

28 November 2017 - Commercial Metals Company president and chief executive Barbara Smith has been named board chairwoman, the company said on Monday. 

Fives Lands Order for Galvanizing Furnace

28 November 2017 - China’s Shougang Jingtang United Iron & Steel has awarded a contract to Fives for a continuous galvanizing line furnace and inductors, the equipment supplier has announced. 

TimkenSteel, Union Again Reach Tentative Contract

27 November 2017 - TimkenSteel Corp. and union negotiators representing employees at its Canton, Ohio, USA, facilities have reached a third — and reportedly final — tentative labor agreement. 

PCI Units at Russian Blast Furnace Meet Performance Expectations

22 November 2017 - New pulverized coal injection plants added to the Nos. 6 and 7 blast furnaces at NLMK Group’s Lipetsk plant in Russia have passed performance guarantee tests, the equipment supplier on the project has announced. 

One Person Killed in Coke Plant Explosion

22 November 2017 - ArcelorMittal is investigating the cause of a coke plant explosion that killed one person and injured two others on Monday. 

SSAB Introduces Water-Quenchable Steel Grade

22 November 2017 - Sweden’s SSAB has begun selling a new type of steel than can be quenched in water, but doesn’t need to be immediately tempered, it has announced. 

Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill

21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.

Nucor Doubles Down on Micro-Mill Investment

21 November 2017 - Nucor Corp. has chosen the U.S. state of Missouri as the home of its proposed US$250 million micro-mill and revealed that it will look to build a second one somewhere in the Southeast.

Optima Specialty Steel Exits Chapter 11 Bankruptcy

17 November 2017 - Optima Specialty Steel Inc., a U.S.-based manufacturer of special bar quality steel, cold-drawn pipe and tube and other specialty products, has emerged from Chapter 11 bankruptcy with a new executive at the helm and a new name.