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Latest News

Tata Steel May Add 2 Million Tons of Capacity to New Steel Works

30 January 2017 - A Tata Steel executive said the company will seek board approval for plans to expand a planned second phase of construction on its new Kalinganagar Works sometime by the midpoint of the year.

Ship Builder Orders Straightening Machine from Fives

30 January 2017 - A cruise ship builder has awarded a contract to industrial engineer Fives for a Bronx straightening machine, the company announced on Monday.

SMA: There's Reason to be Cautiously Optimistic About the Domestic Steel Industry

27 January 2017 - Representatives of the Steel Manufacturers Association said the industry is “cautiously optimistic” about its prospects under the Trump administration.

Danieli Wins Contract from Indian Government

27 January 2017 - India’s Department of Atomic Energy has ordered a second cold pilger mill from Danieli W+K, the company has announced.

Kobe Steel Adds Caster and Expands Bloom Mill Capacity at Kakogawa Works

27 January 2017 - Kobe Steel Ltd. has installed a new continuous caster and expanded a bloom mill at its integrated Kakogawa Works in western Japan, enabling a 65.5 billion yen consolidation (US$570 million) of its steelmaking operations.

Judge to Union: Keep Strike Talk to Yourself

26 January 2017 - The judge presiding over Essar Steel Algoma’s creditor protection case has told union officials to refrain from speaking publicly about negotiations and possible labor actions, reports the local news website SooToday.com

German Wire Rod Mill Wraps Up Modernization Project

26 January 2017 - Germany’s Saarstahl AG has signed off on upgrades to its wire rod mill in Burbach, according to the vendor on the project.

Stainless Producer Sheds Indiana Plate Mill

25 January 2017 - Outokumpu has divested its Indiana quarto plate mill for approximately EUR28 million, the stainless steelmaker has announced.

Tenova Wins Order for New Walking Beam Furnace

25 January 2017 - Tenova Inc. has been awarded a contract to design and build a walking beam furnace for NLMK Group’s Pennsylvania mill, the equipment supplier announced on Wednesday.

The World Made More Steel in 2016; Not So in the U.S.

25 January 2017 - Although the world’s crude steel output rose slightly in 2016, production in the United States dipped 0.3%, according to the World Steel Association.

Essar Algoma Seeks Wage Cut From Steelworkers Union

23 January 2017 - Canada’s Essar Steel Algoma, which continues to operate under creditor protection, might now headed toward a showdown with the United Steelworkers union.

SAIL Says It Can Roll Rail in Record Lengths Now

23 January 2017 - The Steel Authority of India has put a new universal rail mil into service at its Bhilai facility, giving it the ability to produce single strands in lengths of up to 130 meters, reports The (India) Economic Times.

Harsco Extends, Expands Role at Two Overseas Mills

23 January 2017 - Mill services contractor Harsco Corp. has signed agreements worth more than US$100 million to provide services to mills in China and Brazil, the company announced on Monday.

Report: Serbian Mill Ends Seven Years of Losses

20 January 2017 - Less than a year after acquiring Serbia’s Zelezara Smederevo steel works, China’s Hesteel Group said it has returned the facility to profitability, reports Xinhua, China’s official news agency.

Evraz Sees North American Production Fall in 2016

19 January 2017 - Weak demand for rail and tube, along with extended outages, led to a 24 percent decline in crude steel production at Evraz’s two North American mini-mills.

Russian Steelmaker Selects Primetals for Blast Furnace Automation

19 January 2017 - Primetals Technologies has won an order to supply the instrumentation and the automation and electrical equipment for a Russian steel works’ new blast furnace.

Former U.S. Steel Executive Will Oversee Federal Reserve Bank

19 January 2017 - Retired U. S. Steel Corp. chairman and chief executive John P. Surma has been named chairman of the Federal Reserve Bank of Cleveland.

China Exceeds 2016 Capacity Cut Target, But Much More Remains

19 January 2017 - Although China cut up to 80 million metric tons of steel capacity last year, much of it was already idle and did little to reduce output, reports the Reuters news service.

U.S. Commerce Department Affirms Hefty Duties on Chinese Plate

18 January 2017 - The U.S. Commerce Department has made its final determinations on a trade case on Chinese cut-to-length plate, setting anti-dumping and countervailing margins of more than 300 percent.

Fire Puts Japanese Plate Mill Out of Commission For Eight Months

18 January 2017 - A heavy plate mill in Japan is likely to remain off-line for the next eight months following a fire that damaged the facility.

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