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Latest News

China Reduces Its Ability to Make Steel, But Not Its Desire

16 May 2017 - China is more than halfway to achieving its goal of cutting 50 million metric tons of crude steel capacity this year, according to Xinhua, the country’s official news agency.

Nucor Names New Executive Vice President

16 May 2017 - A Nucor Corp. veteran and general manager of its joint venture beam and piling mill in Arkansas has been promoted to executive vice president, the company has announced.

SMS group Upgrades Severstal Pickling Line

16 May 2017 - PAO Severstal has installed a new twin-head side trimmer on a pickling line at its Cherepovets plant in Russia, according to equipment supplier SMS group.

U. S. Steel's Mario Longhi Steps Down, Announces June Retirement

10 May 2017 - United States Steel Corporation’s chief executive officer has stepped down and will retire from the company at the end of June, the steelmaker announced Wednesday.

Eurofer President: China’s Capacity Cut Promises Are ‘Genuine’

10 May 2017 - China will indeed cut its capacity, but a reduction in capabilities won’t necessarily lead to a reduction in output, the president of the European steel association, Eurofer, said on Wednesday, according to the Reuters news service.

Commercial Metals’ New Mill Set for Late Fall Completion

09 May 2017 - Despite having to slog through inordinately wet weather, Commercial Metals Company’s new micro-mill in Oklahoma remains on track for a late fall start-up, executive vice president Tracy Porter said Tuesday.

Harsco Called Upon to Support New Integrated Mill

09 May 2017 - Mill contractor Harsco Corp. has been awarded a US$25 million contract to provide services at Tata Steel’s new Kalinganagar works in India, the company announced on Tuesday.

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.

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