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Latest News

Construction of NLMK Oxide Recovery Plant Underway

30 August 2017 - Russia’s NLMK Group has begun construction of a RUB2.8 billion (US$47.8 million) waste oxide briquetting plant at its Lipetsk facility, the company said Wednesday.

JSW Steel Looks At Foreign Investments

29 August 2017 - India’s JSW Steel plans to grow capacity to 40 million metric tons and is eyeing acquisitions at home and abroad, reports the PTI news agency.

Report: Trump Twice Said No Deal to China on Offer to Reduce Steel Capacity

29 August 2017 - U.S. President Donald Trump apparently wants tariffs on imported Chinese steel so much so that he rejected an offer from Chinese leaders for additional capacity cuts, reports the (London) Financial Times.

Hyundai Steel Signs Off On Caster Rebuild

28 August 2017 - Hyundai Steel Co. has signed the final acceptance certificate for a rebuilt 6-strand caster at the company’s Pohang plant in South Korea.

List of Potential Essar Steel Investors Grows

28 August 2017 - The list of potential suitors for India’s Essar Steel is growing, according to Indian financial news portal moneycontrol.com

Japanese Rebar Makers Eye Combination

28 August 2017 - Two Japanese electric arc furnace producers plan to open merger talks, according to the Nikkei Asian Review.

Trump Demands Import Tariffs

28 August 2017 - Should there be any question on where U.S. President Donald Trump wants to take trade policy, perhaps this will be helpful.

Research Team Says It Has Developed a Formable 2 GPa Steel

25 August 2017 - A University of Hong Kong professor and a team of mechanical engineers say they have created a new ultra-high-strength steel that can be made through conventional process routes.

Algoma Blast Furnace Stove Rebuild Underway

25 August 2017 - Canadian steelmaker Algoma has begun rebuilding one of the four stoves serving the blast furnace at its Sault Ste. Marie, Ont., plant.

U. S. Steelmakers Make the Case for Import Restrictions Directly to Trump

24 August 2017 - Top executives at 25 American steel companies have appealed directly to President Donald Trump for relief from imported steel.

Gerdau Appoints New CEO

24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.

Report: Two International Steelmakers Eyeing India's Essar Steel

23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.

SMS group Employs 3D Printing to Make Closed-Die Forging Press Part

23 August 2017 - SMS group said it has begun to manufacture closed-die forging press spray heads by way of 3D printing, allowing for production of a lightweight and tailored component.

Danieli to Equip Vietnamese Rebar Mill

23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province.

Mills Grapple With Graphite Electrode Shortage

22 August 2017 - Tight supplies of a key material and rising electric arc furnace steel production are crimping availability of graphite electrodes, sending prices through the roof, according to news and pricing service S&P Global Platts.

BlueScope Steel Names New Chief Executive

21 August 2017 - Australia’s BlueScope Steel Ltd. has a named a company veteran to succeed chief executive Paul O’Malley, who is set to retire at the end of the year.

TMK Looks for Strong Second Half of 2017

21 August 2017 - Russian tubemaker PAO TMK posted a US$19 million loss in the second quarter, but remained profitable through the first half of 2017, the company said.

United Steelworkers on Strike at Ohio Tube Plant

21 August 2017 - Union employees at PTC Alliance Corp.’s Alliance, Ohio, USA, plant went on strike Friday after a failing to reach a new agreement with management by an 11 p.m. deadline.

Steelmakers Coming Around to Hedging, LME Executive Says

21 August 2017 - Despite some early skepticism, steel mills might be starting to warm to the idea of steel futures and have been testing out London Metal Exchange contracts, according to Reuters news service.

Doedijns Group Acquires U.S. Hydraulic Equipment Maintenance Business

18 August 2017 - Alabama-based Hadco Services Inc., which specializes in hydraulic equipment repair and maintenance, has been acquired by Logan Industries International Corp., the U.S. subsidiary of Doedijns Group International (DGI).

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