Steel News

SMS group Secures Orders for Finishing Blocks

21 June 2018 - SMS group has landed two separate orders for its MEERdrive PLUS finishing blocks from Italian wire rod producers Arlenico SpA and Feralpi Siderurgica SpA.

Tata Steel Modernizes Continuous Annealing Line

21 June 2018 - The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.

'We're Going to Make Sure that American Steel Is There ... for Generations to Come,' Says U.S. VP Pence

20 June 2018 - U.S. Vice President Mike Pence visited Nucor Corp.’s Auburn bar mill in New York on Tuesday and declared that “steel is back.”

SSAB Sets Price Tag on Mill Fire at More Than US$10 Million

20 June 2018 - A transformer fire that damaged SSAB’s Hämeenlinna mill in Finland is expected to cost the company somewhere between SEK100 and SEK120 million (between US$11.2 million and US$13.5 million) in repairs and lost deliveries, the steelmaker said.

U.S. Mills Expand Circumvention Claims Against Processed Sheet From Vietnam

14 June 2018 - U.S. producers are accusing their South Korean counterparts of circumventing anti-dumping duties by shipping coils to Vietnam for processing into cold-rolled and corrosion-resistant sheet, reports Metal Bulletin.

NLMK Plans Improvements to Coke Facility

14 June 2018 - In a bid to improve coke quality, Russia’s NLMK Group said it will invest EUR57 million in process upgrades at its Altai-Koks facility.

SAIL Celebrates Completion of Major Plant Upgrades

14 June 2018 - India Prime Minister Narendra Modi on Thursday visited the Steel Authority of India Ltd.’s Bhilai Steel Plant to mark the completion of company’s expansive modernization program.

Fat Margins Push Chinese Steel Output to May Record

14 June 2018 - Chinese steel production rose to record 81.1 million metric tons in May as mills boosted output to capture profits, reports the Reuters news service.

Union Workers Strike Indiana Roll Plant

13 June 2018 - Workers at roll maker Union Electric Steel’s plant in Valparaiso, Ind., USA, have gone on strike, demanding wage increases, reports The Times newspaper of northwest Indiana.

Flood Waters Halt Production at Spanish Mill

13 June 2018 - Flooding has disrupted operations at ArcelorMittal’s Asturias works in Spain, reports S&P Global Platts.

Cliffs to Divest Australian Iron Ore Mine

12 June 2018 - Iron ore miner Cleveland-Cliffs Inc. has reached an agreement to sell its Australian iron ore operation to Australia's Mineral Resources Ltd. for an undisclosed amount.

Transformer Fire Damages Finnish Mill

12 June 2018 - A transformer fire has knocked a portion of SSAB’s strip and tube mill in Hämeenlinna, Finland, offline, the company disclosed on Tuesday.

SMS group Lands Order for Galvanizing Line

12 June 2018 - China’s Shandong Ruifeng Stainless Steel Co. has chosen SMS group to supply a hot-dip galvanizing line to complement its pickling line and tandem mill.

Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture

12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.

Indiana Harbor Doubles Shipments to Sister Plant

11 June 2018 - ArcelorMittal’s Indiana Harbor facility has achieved its goal of shipping 1 million tons’ worth of slabs to ArcelorMittal’s joint venture finishing operation in Alabama.

ArcelorMittal Begins Work on Waste Gas Conversion Plant

11 June 2018 - ArcelorMittal and a Chicago-based company that has developed technology to transform industrial waste gases into ethanol have broken ground on a plant at the steelmaker’s facility in Ghent, Belgium.

voestalpine Brings New Slab Caster Into Service

11 June 2018 - voestalpine has been quickly ramping up a new slab caster at its No. 3 steel shop in Linz, Austria, having successfully cast nearly all of the steels it is designed to produce within its first three months of operation, according to the caster's manufacturer.

China, Zimbabwe to Partner on US$1B Steel Mill

11 June 2018 - Chinese and Zimbabwean leaders have signed a memorandum of understanding for a 2-million-metric-ton-per-year steel plant, reports Xinhua, China’s state news agency.

Senators Look to Block Trump on Section 232 Tariffs

07 June 2018 - A bipartisan group of senators have introduced a bill requiring Congressional approval on tariffs imposed in the name of national security.

Report: JSW Steel's Appetite for Deals Remains Unabated

07 June 2018 - After signing deals to acquire Italian long products mill and an Indian producer of steel sponge iron and ferroalloys, JSW Steel remains in the hunt for distressed assets, both in India and overseas, reports Indian financial portal moneycontrol.com.