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Latest News

Tata Steel Completes Sale of U.K. Pipe Mills

02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.

thyssenkrupp Forms an Alternative to Tata Steel Europe Combination

02 August 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service.

Outokumpu Divests Welded Pipe Mill in Florida

01 August 2017 - Outokumpu has sold its stainless pipe mill in Wildwood, Fla., USA, to a Taiwanese manufacturer for approximately EUR25 million, or about US$29.5 million, the steelmaker announced on Tuesday.

Primetals Tapped for Bar Mill Upgrades

01 August 2017 - Primetals Technologies has won a contract to modernize a Turkish bar mill, the equipment supplier has announced.

Six Injured in Accident at U. S. Steel's Great Lakes Works

01 August 2017 - Six people were injured Tuesday morning in what is being called an explosion at United States Steel Corporation’s Great Lakes Works in Michigan.

TimkenSteel Posts US$1.3 Million Profit in Second Quarter

31 July 2017 - New steel orders helped pushed TimkenSteel’s second-quarter earnings into the black.

U.K. Steelmaker Fires Up Revamped EAF

31 July 2017 - U.K.-based Sheffield Forgemasters International has completed a US$2.6 million overhaul of its electric arc furnace, the company has announced.

Timing of Section 232 Decision Remains Uncertain

28 July 2017 - U.S. Commerce Secretary Wilbur Ross said he’ll defer to President Donald Trump on the timing of the administration’s Section 232 decision, according to the Reuters news agency.

Old Port Poses An Obstacle to Wire Rod Mill Restart

28 July 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart.

ArcelorMittal to Expand Auto Steel Capacity Through European Investment

28 July 2017 - ArcelorMittal is planning expand its advanced automotive steel capacity through an investment of approximately US$112.8 million at two of its French mills.

Danieli Wins Order for Wide Plate Mill

28 July 2017 - India’s Mishra Dhatu Nigam Ltd. has awarded a contract to Danieli for a wide plate mill.

USW to Trump: Get on With It Already

27 July 2017 - In regard to the Trump administration’s decision to delay action on new steel trade measures, the United Steelworkers union has this much to say: “What are you waiting for?”

German Steelmaker Lays Claim to World's Thickest Slab

27 July 2017 - Germany’s Dillinger Hütte said it set a new world record on Tuesday, casting a slab with a thickness of 600 mm, or more than 23.5 inches.

U. S. Steel Posts US$162 Million Profit in Second Quarter

26 July 2017 - United States Steel Corporation swung to profitability in the second quarter on higher average steel prices.

AK Steel Sets Maintenance and Project Outages at Mansfield, Middletown Facilities

26 July 2017 - AK Steel said it is investing US$26 million in the third quarter in upgrades to its Mansfield and Middletown Works in Ohio.

Finnish EAF Puts New Sampling Manipulator Into Service

26 July 2017 - Ovako has commissioned an automatic electric arc furnace (EAF) temperature and sampling manipulator at its Imatra plant in Finland.

Vietnamese Steelmaker Orders Two New Converter Shops

26 July 2017 - A consortium made up of SMS group and WISDRI Engineering & Research Inc. Ltd. has won an order for two steel shops from Vietnam’s Hoa Phat Group, SMS group has announced.

Allegheny Technologies Signs Supply Agreement for Specialty Aerospace Materials

26 July 2017 - Aircraft engine manufacturer Pratt & Whitney has signed a long-term purchase agreement with Allegheny Technologies Inc. (ATI) for isothermal forgings and nickel-based powder alloys, materials for its next-generation jet engines.

Report: thyssenkrupp CEO Wants Tata Deal By September

26 July 2017 - thyssenkrupp chief executive Heinrich Hiesinger is looking to strike a deal on merging the company’s steelmaking operations with Tata Steel’s European strip business by September, according to the Reuters news service.

The Industry Will Have to Wait Longer For Section 232 Decision

26 July 2017 - For those awaiting President Donald Trump’s decision on whether to impose new tariffs on imported steel, you’re going to have to wait longer.

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