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Latest News

U.S. Trade Commission Affirms Duties on Certain Pipe and Tube Imports

17 August 2016 - The U.S. International Trade Commission has signed off on anti-dumping duties against imported heavy-walled, welded carbon pipe and tube from three countries.

Gerdau to Idle Kentucky Bar Mill

17 August 2016 - Gerdau is planning to idle its Calvert City, Ky., USA, bar mill by the end of November, blaming the world’s excess steelmaking capacity, according to reports.

Tata Steel, Indian University Establishing New Research Center

16 August 2016 - Tata Steel and Indian Institute of Technology Madras have signed an agreement on establishing anadvanced materials research center, reports The Hindu newspaper.

Bloomberg: China Falling Behind on Capacity Reduction Goal

16 August 2016 - A recent upturn in coal and steel prices is testing the determination of Chinese provinces and companies to cut excess capacity, and, in fact, have put the country behind early goals for doing so, according to the Bloomberg news service.

This Isn't Hot Air: Praxair, Linde Discussing Possible Merger

16 August 2016 - Industrial gas supplier Praxair Inc. said it is discussing a possible merger with Germany’s Linde AG, the company announced on Tuesday.

Cliffs Natural Resources Breaks Ground on Pellet Project

15 August 2016 - North American iron ore miner Cliffs Natural Resources has broken ground on a US$65 million project that will allow for production of its new superflux pellet.

Report: Steel's Recovery Might Already Be Running Out of Gas

15 August 2016 - Despite signs of growth in 2016, the steel industry continues to face the same problems -- a glut of capacity throughout the world and high export volumes from China. And that is leading some to question the sustainability of the current recovery, reports the Bloomberg news service.

Company Proposes Iron Recovery Plant in Northwestern Indiana

15 August 2016 - A company that has been exploring coking coal alternatives said it is looking to build a plant to convert mill waste into iron nuggets, reports The Bismarck Tribune.

Steel Dynamics Acquires Scrap Yards in Tennessee, Mississippi

15 August 2016 - Metals recycler Sims Metal Management Ltd. has divested certain scrap yards in the eastern United States, selling them to Steel Dynamics Inc. for an undisclosed amount, according to reports.

U.S. Is Vigorously Enforcing Trade Laws, Says Commerce Department Secretary

12 August 2016 - U.S. Commerce Department Secretary Penny Pritzker said that with 161 steel-related trade cases now on the books, the government is fully committed to enforcing trade laws.

German EAF Mill Commissions New Furnace Manipulator

12 August 2016 - German specialty steelmaker BGH has commissioned an automatic temperature and sampling manipulator on an electric arc furnace at its Freital facility, according to the vendor on the project.

Primetals Technologies Secures Order for Rolling Equipment

12 August 2016 - Czech steelmaker Třinecké železárny has awarded a contract to Primetals Technologies for a new billet stand and a combination saw for its plant in Třinec, Primetals has announced.

UAW Ratifies Labor Agreement with AK Steel

10 August 2016 - The United Auto Workers union has ratified a new labor agreement at AK Steel Corp.’s Butler, Pa., USA, facility, the company has announced.

Scientist Suggests a New Steelmaking Ingredient: Used Tires

10 August 2016 - A scientist at the University of New South Wales in Australia says she has come up with a new use for old tires: grind them up and inject them as carbon into electric arc furnaces.

U. S. Steel Canada Declines New Offer From Essar Global

10 August 2016 - U. S. Steel Canada has rejected a new buyout offer from Essar Global, saying that its new bid is substantially similar to one that was proposed -- and rejected -- earlier this year, according to reports.

Hyundai Steel Signs Off on Bar Mill Upgrade

10 August 2016 - South Korea’s Hyundai Steel has issued the final acceptance certificate for a new 3-roll sizing mill at its bar mill in Pohang, according to the contractor on the project.

Regulators OK Sale of Terex Material Handling Division

09 August 2016 - European and U.S. regulators have approved the proposed sale of Terex Corp.’s material handling and port solutions business to Finland’s Konecranes, the companies have announced.

A New Offer Emerges for U. S. Steel Canada

09 August 2016 - An entity that includes shareholders of India’s Essar Global said it has made a formal, binding offer for U. S. Steel Canada, which is operating under creditor protection while it attempts to find a buyer.

Commerce Department Sets Duties on Hot Rolled Coil Imports

08 August 2016 - The U.S. Commerce Department will impose anti-dumping duties of between 3.7 and 34.3 percent on hot rolled coil from seven countries, the department has announced.

Keystone Acquires South Carolina PC Strand Manufacturer

08 August 2016 - Keystone Consolidated Industries Inc. has acquired pre-stressed concrete (PC) strand maker Strand-Tech Martin Inc. for an undisclosed amount.

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