Steel News

ArcelorMittal Wades Deeper Into Solar Market

05 January 2018 - ArcelorMittal is acquiring the assets of a bankrupt manufacturer of solar farm trackers, the steelmaker has announced.

Danieli Corus Lands Orders for Process Control Systems

05 January 2018 - Danieli Corus has won orders for sublance-based process control systems that are to be installed at two Chinese steel plants.

GFG Alliance Acquires Australian Coking Coal Mine

02 January 2018 - The family-owned company that acquired Australia’s Whyalla steel works last summer has a deal to buy a metallurgical coal mine that supplies it.

New Owner of Stalled Taconite Project Prepares to Move Forward

28 December 2017 - The Essar Steel Minnesota project has emerged from Chapter 11 bankruptcy under new ownership and is firing new legal shots at would-be competitor Cleveland-Cliffs Inc., reports the Duluth News Tribune newspaper.

Mechel Enters Coke Supply Agreement with Serbian Mill

28 December 2017 - Russian miner and steelmaker Mechel PAO has signed an agreement to supply 120,000 metric tons of coke to Serbia’s lone steel mill.

Investment Firm Acquires Steel Technical Center

27 December 2017 - An investment firm that owns metals and logistics businesses has acquired Heidtman Steel’s automotive steel technical center for an undisclosed amount.

SMS group Lands Significant Order From Ukrainian Steel Mill

27 December 2017 - PJSC ArcelorMittal Kryvyi Rih has awarded a contract for two secondary metallurgy plants and two billet casters to SMS group, the equipment supplier has announced.

Stainless Re-Rolling Mill Returns to Service

27 December 2017 - Danieli Service recently helped to restart an idled stainless re-rolling mill in the in the Kingdom of Bahrain, the company said in an announcement.

Tata Board OKs US$3.7 Billion Expansion Project

26 December 2017 - Tata Steel Ltd.’s board of directors has approved a project that will more than double the capacity at the company’s new Kalinganagar works in the state of Odisha.

thyssenkrupp, Union Reach Deal on Steel Joint Venture

26 December 2017 - Germany’s thyssenkrupp AG has come to terms on a labor agreement with its union workforce, a critical step toward finalizing the joint venture combination of its steelmaking business with Tata Steel Ltd.'s European operations.

British Steel CEO Steps Aside

26 December 2017 - Less than a year into his tenure, the chief executive of the new British Steel has stepped down, reports the (London) Financial Times.

Fives Expands Lineup of Pipe and Tube Machines

26 December 2017 - Machine builder and industrial engineer Fives has acquired the intellectual property of an Italian manufacturer of pipe and tube equipment.

Steelmaker Closes on Deal for Shuttered Wire Rod Plant

21 December 2017 - British steelmaker Liberty House Group has completed its acquisition of a closed wire rod plant in South Carolina and plans to restart production this spring.

JSW Steel Puts Casters, Strip Mill on Order

21 December 2017 - India’s JSW Steel Ltd. has ordered a new hot strip mill and two continuous slab casters for its Dolvi plant in Maharashtra as a part of a project that will double the integrated plant’s capacity to 10 million metric tons annually.

Tenova Contracted For TimkenSteel Furnace Control Improvements

21 December 2017 - Tenova has won an order to upgrade the electric arc furnace at TimkenSteel Corp.’s Faircrest plant, the company has announced.

FLANDERS Grows Customer Base Through Acquisition

21 December 2017 - U.S.-based power and control systems manufacturer and engineer FLANDERS Inc. has acquired an electric motor repair shop for an undisclosed amount, the company has announced.

China Scraps Steel Export Tax

15 December 2017 - China is reducing or altogether eliminating its export tax on certain steel products, a move that likely will inflame trade tensions with the U.S. and European Union, according to reports.

Steel of West Virginia's Timothy Duke Announces Retirement (Update)

14 December 2017 - Timothy R. Duke, Steel of West Virginia Inc.'s veteran chief executive, said he’ll retire at year’s end, concluding a 31-year career with the company.

Swiss Steel to Trial Quality Control Software Package

12 December 2017 - SCHMOLZ + BICKENBACH Group’s Swiss Steel Emmenbrücke has placed an order with MET/Con for a quality management system, according to an announcement.

Allegheny Technologies Bags Big Order for Pipeline Repair

08 December 2017 - Stainless and specialty alloy producer Allegheny Technologies Inc. has landed a US$30 million order related to a pipeline repair project, the company has announced.