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Latest News

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.

Lincoln Electric Names New Head of International Welding Division

26 May 2017 - Welding equipment and supplies maker Lincoln Electric Holdings Inc. has promoted Steven B. Hedlund to executive vice president and named him president of its international welding division.

Linde, Praxair Reach Outline Agreement on Merger

24 May 2017 - U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.

Filter Products Company Appoints New Chief Executive

24 May 2017 - Filtration products maker and services provider Micronics Filtration Holdings Inc. has named Bernard C. "Bernie" Faulkner as president and chief executive officer of its engineered filtration group, the company has announced.

New Cold Mill Put Into Service at Vietnamese Steel Plant

23 May 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has started up a new Compact Cold Mill from SMS group, the equipment supplier has announced.

Missouri Legislators Open Special Session Debate on Bill to Aid Mill Project

22 May 2017 - After adjourning their regular legislative session earlier this month, Missouri lawmakers were summoned back to the capital on Monday to debate a bill aimed at luring a new steel mill to the state’s southeast region.

Danieli Wins Order for Sampling Robots

22 May 2017 - Nucor-Yamato Steel Co. has ordered two robotic samplers to serve the ladle furnaces at the company’s facility in Blytheville, Ark., USA.

NLMK Lands Multi-Year Raw Material Supply Agreement

22 May 2017 - Integrated Russian steelmaker NLMK has signed a long-term agreement to supply raw materials to one of the world’s largest cement manufacturers.

India Now Is World's Second-Biggest Producer of Stainless Steel

22 May 2017 - Global stainless steel production rose 10.2% in 2016 to a record 45.8 million metric tons, according to data released by the International Stainless Steel Forum.

POSCO Looks to Create 'One-Stop Shop' For Components Verification With New Lab

19 May 2017 - South Korea-based POSCO has cut the ribbon a new components-forming laboratory at is global research and development center in Songdo.

North American OCTG Demand Lifts TMK Profits

19 May 2017 - Russian tubemaker TMK posted a US$42 million profit in the first quarter of 2017, buoyed by an improving oil and gas market in North America.

Nucor Bar Mill Puts New Reheat Furnace on Order

19 May 2017 - Nucor Corp. has ordered a reheat furnace from SMS group as part of a US$85 million upgrade to its Ohio bar mill.

Kentucky Scrap Facility Wins OSHA Safety Recognition

19 May 2017 - U.S.-based River Metals Recycling has announced that its Somerset, Ky., scrap yard has earned a special safety certification from the Occupational Safety and Health Administration.

Tata Steel to Split From U.K. Pension Fund

18 May 2017 - Tata Steel said it has reached an agreement in principle to sever ties with its U.K. pension fund, a move that if finalized would remove an obstacle to possible a merger with thyssenkrupp’s steelmaking operations.

KOCKS Receives Order for SBQ Mill Equipment

18 May 2017 - Friedrich KOCKS GmbH & Co KG has won an order for a 4-stand reducing and sizing block from China’s Maanshan Iron & Steel Co. Ltd., the equipment supplier has announced.

Severstal Blast Furnace to be Retrofitted with New Charging System

18 May 2017 - SMS group’s Paul Wurth unit has won a contract to refurbish the No. 5 blast furnace at Severstal’s Cherepovets Metallurgical Plant in Russia, the equipment maker has announced.

AK Steel to Apply Federal Grant to Electrical Steel Research

18 May 2017 - AK Steel Corp. said it has accepted a US$1.8 million federal grant, which it will use to help develop a high alloy, non-oriented electrical steel.

Essar Steel Algoma Makes Slow Progress on Restructuring

17 May 2017 - It appears that efforts to restructure Canada’s Essar Steel Algoma will continue into the summer, with the company seeking to extend its debtor-in-possession financing at least through August.

U.S. Commerce Department OKs Rebar Duties

17 May 2017 - The U.S. Commerce Department has finalized tariffs on rebar from Japan and Turkey, affirming that producers in those countries have undercut domestic prices.

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