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Latest News

Japan: U.S. Anti-Dumping Ruling ‘Unjust’

09 May 2017 - Japan’s steel producers are weighing their options following a U.S. decision last week to impose tariffs on cut-to-length plate from Japan and seven other countries.

Stelco Seeks Court Approval for Sale

08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.

So Far This Year, China Is Exporting Less Steel

08 May 2017 - China’s steel exports have declined 26% through the first third of the year, according to S&P Global Platts.

Steel M&A Picks Up as Prices Recover

08 May 2017 - Rebounding steel prices and capacity cuts in China have triggered a wave of mergers and acquisitions, and plants once considered worthless are now attracting attention from investors, reports the Reuters news service.

U.S. Trade Commission Affirms Tariffs on Cut-to-Length Plate

07 May 2017 - U.S. steel producers indeed have been harmed by imported cut-to-length plate from eight countries, the U.S. International Trade Commission (ITC) has affirmed.

Indian Steelmaker Begins Offering Slag Sand

07 May 2017 - India’s Essar Steel has developed a slag-derived sand that could help satisfy demand for fine aggregates in construction, reports The Press Trust of India (PTI) news agency.

Three Killed in Steel Plant Accident

07 May 2017 - Three people were killed and three others were injured at an Indian steel mill after a ladle accidentally tipped and spilled 25 to 30 metric tons of molten metal, according to the Hindustan Times newspaper.

ArcelorMittal Receives One Tall Order for Steel

04 May 2017 - ArcelorMittal USA is providing the steel plate going into a 58-story New York skyscraper, the steelmaker said on Thursday. 

Saudi Steelmaker Upgrades Bar Mill Drives

04 May 2017 - Danieli Automation has won a contract to upgrade a portion of the No. 3 bar mill at SABIC’s Saudi Iron & Steel Co., the equipment manufacturer has announced. 

Bloomberg: Auto Sales Begin to Cool, But They Might Not Have Been Too Hot in the First Place

04 May 2017 - In the last few years, auto production has been a sustaining end market for steelmakers. But now, demand for cars and trucks might be starting to cool, as has been expected, reports the Bloomberg news service. 

China Ambassador Nominee Says He'd Work to Stop Steel Dumping

02 May 2017 - With compliments aplenty during his confirmation hearing on Tuesday, Iowa Gov. Terry Branstad is likely to be confirmed as the U.S. ambassador to China, according to reports. 

Investment Firm Acquires Majority Stake in Steel Fabricator

01 May 2017 - New York-based investment firm Alleghany Capital Corp. has acquired a majority interest in W&W|AFCO Steel, one of the largest structural steel fabrication and erection companies in North America, the companies announced on Monday. 

Vallourec Names Chief Digital Officer

28 April 2017 - French tubemaker Vallourec has appointed Barthélémy Longueville as its chief digital officer, the company has announced. 

AK Steel Introduces Its Latest Advanced Steels to Automakers

28 April 2017 - AK Steel Corp. has delivered the first samples of its NEXMET 1000 and 1200 advanced high-strength steels to automotive customers, the company’s chief executive said. 

Coal Prices, China Capacity Pose Challenges for Japan's Steelmakers

28 April 2017 - Japan’s three top steelmakers are successfully passing along higher raw materials costs to customers, but challenges remain as they start a new fiscal year, reports the Nikkei Asian Review. 

Lincoln Electric Signs Deal to Acquire European Counterpart

27 April 2017 - Welding equipment and consumables manufacturer Lincoln Electric Holdings Inc. is acquiring Air Liquide’s welding equipment subsidiary for about US$125 million, the company announced on Thursday.

New Ownership Taking Over Unfinished Minnesota Taconite Project

27 April 2017 - A Virginia billionaire and partners who include the United Kingdom’s Liberty House Group submitted the winning bid for the former Essar Steel Minnesota on Wednesday, offering to buy the half-finished taconite mine and pellet plant for US$550 million, reports the Minneapolis Star Tribune.

U. S. Steel to Restart Idled Tube Mill

26 April 2017 - United States Steel Corp. said it is restarting an idled electric-weld tube line in Texas and has reconsidered the closing of a pipe processing line in Ohio.

U. S. Steel Speeds Up Mill Upgrades at the Expense of Near-Term Earnings

26 April 2017 - United States Steel Corp. shares slid nearly 27% on Wednesday after the integrated steelmaker posted an unexpected US$180 million loss and said an accelerated plan to rehab its mills would cut into future earnings.

As Market Conditions Improve, Steelmakers Appear Ready to Invest

26 April 2017 - Steel prices and demand appear to beginning to recover, and steelmakers are starting to lay new bets on gradual improvement, reports the Bloomberg new service.

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