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Latest News

RINL Gains Capacity Through Steel Shop Overhaul

14 August 2017 - India’s Rashtriya Ispat Nigam Ltd. (RINL) has completed a US$62.4 million overhaul of the No. 1 steel shop at its Visakhapatnam Steel Plant.

Nucor Grows Bar Processing Capabilities Through Acquisition

14 August 2017 - Nucor Corp. is acquiring approximately 200,000 tons of additional cold-finished bar capacity, the company has announced.

Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan

09 August 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.

Report: Liberty House Nears Deal on U.S. Wire Rod Mill, But Uncertainty Remains

09 August 2017 - U.K.-based Liberty House Group is getting close to finalizing a deal to acquire a South Carolina wire rod mill, but zoning issues could wind up killing it, the company tells The (Charleston, S.C.) Post and Courier.

Integrated Steelmaker Retains Harsco for Scrap Management

09 August 2017 - Mill services contractor Harsco Corp. has renewed its scrap management contract with Al Ezz Dekheila Steel Co.'s Alexandria, Egypt, plant.

Policy Fuels China's Rising Iron Ore, Steel Prices

08 August 2017 - Iron ore and steel prices are rising in China as government policies have helped to tighten supply and increase demand, reports the Bloomberg news service.

Chinese Steelmaker Contracts Primetals for Industry 4.0 Solution

08 August 2017 - China’s Rizhao Steel Group Co. Ltd. has ordered a newly developed IT system from Primetals Technologies to continuously monitor and manage product quality.

Plate Mill Restarts After Seven-Month Outage

08 August 2017 - Nippon Steel & Sumitomo Metal Corp. has restarted the plate mill at its Oita Works more than seven months after a fire burned up an electrical room, the company has announced.

NLMK Hopes to Improve Iron Ore Production Through Predictive Analytics System

07 August 2017 - NLMK Group’s Stoilensky iron ore division is incorporating predictive analytics into its ore crushing and beneficiation operations in a bid to boost productivity.

Danieli Contracted for Russian Blast Furnace Reline

07 August 2017 - Danieli Corus has been awarded a contract to reline the No. 1 blast furnace at Russia’s Magnitogorsk Iron & Steel Works.

Breakout Reported at Illinois Bar Mill

07 August 2017 - Firefighters were summoned to the Alton Steel meltshop early Saturday morning after 100 tons of molten steel broke out of a ladle, according to The (Alton, Ill.) Telegraph.

voestalpine Deepens Investment in Powdered Metals, Additive Manufacturing

04 August 2017 - Austria’s voestalpine said it is investing EUR50 million to expand metal powder production for additive manufacturing and to open two 3D printing research and production facilities in Taiwan and Canada.

Cast Components Manufacturer Plans U.S. Facility

04 August 2017 - Kimura Foundry America is setting up a 35,200 square foot facility in Shelbyville, Ind., giving the castings maker its first U.S. manufacturing presence.

Danieli Wins Contract for German Bar Mill Improvements

04 August 2017 - Hennigsdorfer Elektrostahlwerke GmbH has awarded a contract to Danieli to modernize its bar mill in Germany, the equipment supplier has announced.

Saudi Steelmaker Signs Off on EAF Upgrade

04 August 2017 - Saudi Iron & Steel Co. (Hadeed) has signed the performance certificate for a new furnace optimization system on one of its electric arc furnaces.

Tenaris Posts US$73 Million Profit on Rising North America Tube Sales

04 August 2017 - Tubemaker Tenaris SA saw sales of seamless and welded tube increase 31% to 624,000 tons in the second quarter, the company reported.

Better Steel Prices Strengthen Ternium's Second-Quarter Profits

02 August 2017 - Second-quarter profits at Latin American steel producer Ternium rose nearly 62% on higher steel prices, the company said.

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.

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