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Latest News

Essar Algoma CEO Expects Company to Exit Creditor Protection by Spring

28 February 2017 - Essar Steel Algoma president and chief executive Kalyan Ghosh said he believes his company will exit creditor protection by the end of March, just as its debtor-in-possession financing expires.

Australian Labor Union Seeks Tariffs on Chinese Steel

27 February 2017 - Saying that dumped steel from China has cost Australian steelmakers AU$200 million over the past 12 to 18 months, Australia’s largest labor union is preparing to file a complaint with the federal government.

Danieli Corus Ships First Hydraulic Gearbox for Blast Furnace Top-Charging Systems

27 February 2017 - Danieli Corus and Danieli Centro Metallics have shipped their first DANCU gearbox to a Ukrainian steel mill that is replacing its top-charging system.

Swedish Government Allocates Funding to Carbon-Free Steelmaking Research

27 February 2017 - The Swedish Energy Agency has agreed to contribute an additional SEK56 million toward a four-year research initiative that will explore hydrogen’s potential as a carbon-free steelmaking input.

ArcelorMittal May Make Power, Not Steel, at New Site

27 February 2017 - ArcelorMittal is thinking about scrapping plans for a 6 million metric ton steel plant and building a 600 MW solar farm, reports The (India) Economic Times.

Taylor-Winfield Names New Vice President

24 February 2017 - Ohio-based Taylor-Winfield Technologies. Inc. has promoted Richard A. Gunter to vice president of operations, the company has announced.

Tubemaker Puts ERW Mill on Order

24 February 2017 - Danieli W+K has won an order for a new ERW pipe mill from Bulgarian cold -rolled coil and tube maker Silva Mash, the mill supplier has announced.

New Rotary Discharge Machine Put Into Service at Australian Steelworks

24 February 2017 - AUMUND Fördertechnik GmbH has built and installed a new rotary discharge machine serving the coke handling system at BlueScope Steel Ltd.’s Port Kembla Works in New South Wales, Australia.

Two Steelmakers Merge Brazilian Long Products Operations

24 February 2017 - ArcelorMittal Brazil is acquiring Latin American producer Votorantim SA’s Brazilian long steel business, according to announcements from the companies.

Acquisition Extends Zekelman Industries' Reach in Hollow Structural Sections Market

23 February 2017 - Pipe and tube producer Zekelman Industries has acquired Alabama, USA-based American Tube Manufacturing Inc. for an undisclosed amount, Zekelman Industries has announced.

Canadian Ore Producer Set to Begin Work on New Mine

23 February 2017 - Rio Tinto’s Iron Ore Company of Canada will invest CA$79 million to open a new open-pit mine in the province of Newfoundland and Labrador.

Its New Steel Works Now Open, an Open-Die Forger Sets a Casting Record

23 February 2017 - South Korea’s TAEWOONG Co. Ltd. has set a new steelmaking record, becoming the first to successfully produce 1,000 mm blooms on a curved continuous caster, according to an announcement.

HarbisonWalker International Plans New Refractories Plant

22 February 2017 - Refractories manufacturer HarbisonWalker International plans to build a US$30 million monolithic refractories plant in the Ohio River Valley, the company has announced.

Nucor-Yamato Steel Upgrade Incorporates Voith Driveline Products

22 February 2017 - Nucor-Yamato Steel Co. has chosen two Voith driveline products as part of recent upgrades to its No. 2 rolling mill, Voith tells AIST’s Steel News.

Commerce Department Might Expand Anti-Subsidy Duties on Turkish Rebar

22 February 2017 - The U.S. Commerce Department has set preliminary anti-subsidy duties on Turkish rebar, potentially expanding orders on an existing case.

With a Deal to Divest Its Brazilian Mill, thyssenkrupp Exits Steelmaking in the Americas

22 February 2017 - thyssenkrupp AG is ending its decade-long steelmaking venture in the Americas, agreeing to sell its integrated mill in Brazil to Latin American producer Ternium for US$1.33 billion (EUR1.26 billion).

Ryerson Enhances Stainless Processing Business Through Acquisition

21 February 2017 - Metals distributor and processor Ryerson Holding Corp. has acquired Guy Metals Inc., a privately owned metals service center in Hammond, Wis., USA.

New Tata Steel Works Finding Its Stride

21 February 2017 - Tata Steel’s new Kalinganagar works in India has reached a new production milestone – it has achieved 2 million metric tons of hot metal, reports The (India) Economic Times.

CB&I Issues Pink Slips as SunCoke Energy Contract Expires

21 February 2017 - Contractor CB&I is laying off 149 employees at the SunCoke Energy coke plant in Indiana, reports The Times newspaper of northwest Indiana.

Mexican Producers Commission Fives OTO Tube Mills

20 February 2017 - Mill equipment manufacturer Fives recently installed and commissioned two of its OTO-branded welded tube mills at two plants in Mexico.

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