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Latest News

Italian Government OKs ILVA Sale to ArcelorMittal-Led Group

06 June 2017 - A consortium led by ArcelorMittal has won the right to acquire Italy’s ILVA and its Taranto works, Europe’s largest steel facility.

SMS group Bags Order for Bar Processing Machine

05 June 2017 - Taiwan’s Walsin Lihwa Corp. has ordered a high-performance bar peeler from SMS group, the equipment supplier has announced.

As Mills Close, China's Rebar Supply Tightens Up

05 June 2017 - The irony here is rich: China is experiencing a short-term shortage of rebar, according to the Bloomberg news service.

ArcelorMittal Prepares to Introduce New Electrical Steel

02 June 2017 - ArcelorMittal said it will formally kick off sales of its second-generation iCARe electrical steels at this year’s Coil Winding, Insulation & Electrical Manufacturing Exhibition, which is being held later this month in Berlin, Germany.

Sandvik Sheds Steel Belts Business

02 June 2017 - Sandvik is divesting Sandvik Process Systems, its industrial process equipment business, to FAM AB for about US$579.2 million, the company has announced.

China, EU Remain Apart on Global Overcapacity

02 June 2017 - European Union Commission President Jean-Claude Juncker said China and the EU narrowed differences over steel overcapacity and China’s insistence that it be treated as a market economy.

A Steel Works Opens in India, and Another On the Way

02 June 2017 - India’s JSW Steel has won approval from the state of Odisha to build a US$7.8 billion steel works, reports the Indian newswire IANS.

U. S. Steel Announces Four Executive Appointments

01 June 2017 - United States Steel Corp. president and chief executive officer David B. Burritt has begun setting his management team, announcing new roles and duties for three current executives and the hiring of a fourth on Thursday.

Danieli Corus Tapped for Blast Furnace Reline

01 June 2017 - Danieli Corus has a won a contract to reline the No. 5 blast furnace at Severstal’s Cherepovets plant in Russia, the company has announced.

Primetals Wins Contract for Caster Modernization Project

01 June 2017 - Brazil’s Companhia Siderúrgica Nacional has awarded Primetals Technologies a contract to overhaul one slab caster and modify two others at its Volta Redonda plant in Rio de Janeiro.

Special Steel Manufacturer Puts New Extrusion Press into Service

31 May 2017 - Less than 24 months after signing a contract for a new tube extrusion press, Korean special steel maker SeAH Changwon Integrated Special Steel has commissioned the equipment, the equipment supplier on the project has announced.

Two Submit Final Offers for Australian Steel Company

31 May 2017 - A steel producer and a private equity firm have submitted final bids for Australia’s Arrium Ltd., which collapsed into administration last year, according to the Reuters news agency.

Stelco Takes Another Step Toward Completing Sale

31 May 2017 - Members of the United Steelworkers union are getting their first look at tentative labor agreements between their locals and the investment firm looking to buy Canada’s Stelco, reports The Hamilton Spectator newspaper.

The World's Biggest Steelmaker May Win Europe's Largest Steel Works

30 May 2017 - ArcelorMittal and steel re-roller Marcegaglia have been named the preferred bidders for Italy’s ILVA steel works, reports the (London) Financial Times.

Essar Algoma Takes A New Name. But It's a Familiar One.

30 May 2017 - With a nod to the past, Canada’s Essar Steel Algoma is dropping Essar Steel from its name and rebranding itself simply as Algoma.

Stainless Manufacturer Sees Capacity Boost Through Converter Project

30 May 2017 - Slovenian Steel Group’s Acroni facility has started up an EUR30 million argon-oxygen converter and de-dusting system, the equipment supplier on the project has announced.

Chinese Steelmaker Puts Danieli Bar Peeler on Order

30 May 2017 - China’s Baoshan Iron & Steel Co Ltd. has ordered a Danieli Centro Maskin bar peeler, the equipment supplier has announced.

Steel Dynamics' Co-Founder Recognized for Steel Industry Contributions

26 May 2017 - Steel Dynamics Inc. (SDI) co-founder Richard P. Teets has received the Steel Manufacturers Association’s Iverson-Selig Award in recognition of his decades of service and contributions to the electric arc furnace industry.

Nucor Reveals Plans for North America's Widest Galvanizing Line

26 May 2017 - Nucor Corp. said it will invest US$176 million in a new galvanizing and pickling line at its Ghent, Ky., USA, sheet mill, adding 500,000 tons of capacity.

Tsubaki Subsidiary Acquires Canadian Sprocket Manufacturer

26 May 2017 - U.S. Tsubaki Power Transmission LLC has announced that Tsubaki of Canada Ltd. has acquired a British Columbia-based maker of sprockets and drive components.

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