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Latest News

SMS Company Tapped to Upgrade HDGL Line at Alabama Plant

01 July 2016 - SMS group’s Drever International has won a contract for upgrades to a steel finishing plant in Alabama, the company has announced.

Electric Metal Makers Guild Names New President, Officers

01 July 2016 - Tom Kantor, the general manager of primary operations at Carpenter Technology Corp.’s Latrobe, Pa., facility, has been named president of the Electric Metal Makers Guild.

Steelworkers Union Calls for More Action on Unfair Steel Trading

01 July 2016 - The United Steelworkers union said that while it welcomes a commitment to coordinating trade enforcement efforts throughout North America as a means to curbing the world’s excess steel capacity, more aggressive action is needed.

World's Biggest Steelmaker Looks to Become Even Bigger

30 June 2016 - ArcelorMittal and Italy’s Marcegaglia SpA have put down an offer on the country’s troubled Ilva steelworks in the city of Taranto, ArcelorMittal has announced.

Steel Dynamics Expands SBQ Finishing Capabilities Through US$126M Deal

30 June 2016 - U.S.-based Steel Dynamics Inc. is acquiring America’s largest maker of threaded rod for US$126 million, the company announced on Thursday.

Report: USSC Rejects Essar Global Offer, Two Remain in the Running

28 June 2016 - Essar Global, which last month was disqualified to bid on Canada’s Essar Steel Algoma, reportedly has been dropped as a U.S. Steel Canada suitor as well, according to The Hamilton Spectator newspaper.

Workers Return to Idled U.S. Steel Corp. Mill

28 June 2016 - Steadily improving market condtions have allowed United States Steel Corp. to recall most of the laid-off employees at its East Chicago tin mill in northwest Indiana, reports The Times newspaper.

China Says It Might Challenge U.S. Import Duties

28 June 2016 - China’s commerce ministry, which has said America’s imposition of import duties on certain steel products is protectionist, now says it might sue the country through the World Trade Organization, according to the Reuters news service.

Proposed 10M-Ton Mill Wins Environmental Approval

27 June 2016 - The Indian government has given environmental clearances to an integrated steel plant that JSW Steel is proposing to build in the state of Jharkhand.

U.S. Trade Commission Upholds Duties on Corrosion-Resistant Steel

27 June 2016 - The U.S. International Trade Commission has affirmed that domestic producers are being harmed by imports of corrosion-resistant steel from five countries, including China.

Two Chinese Steelmakers Explore Mega-Merger

27 June 2016 - Baosteel Group Corp. and Wuhan Iron & Steel Group Corp., two of China’s largest steelmakers, are considering a merger, potentially creating a company that could rival No. 1 ArcelorMittal SA, according to reports.

Brexit Leaves Fate of Tata Steel U.K. All the More Uncertain

27 June 2016 - The United Kingdom’s vote to secede from the European Union will complicate Tata Steel's efforts to sell its U.K. strip business and may, in fact, give the company more of a reason to hold on to the business, according to reports.

Indian Coking Coal Demand Poised for Significant Increase

23 June 2016 - India’s coking coal demand is likely to increase by 45 percent by 2020 as the country looks to expand its steel production, according to The (India) Economic Times.

China Calls U.S. Cold Rolled Duties 'Protectionist'

23 June 2016 - China is taking the United States to task after American trade officials affirmed anti-dumping and countervailing duties of more than 500 percent on Chinese cold rolled producers.

Steelworkers Accept Three-Year Labor Agreement with ArcelorMittal

23 June 2016 - The United Steelworkers union has ratified a three-year labor deal with ArcelorMittal USA, the union announced on Thursday.

U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds

22 June 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.

U.S. Steel Canada, Essar Algoma Mills Won't Shut in Proposed Merger, Says Investment Firm

22 June 2016 - The investment firm planning to buy Canada’s Essar Steel Algoma has confirmed that it also is bidding on U.S. Steel Canada and intends to merge the two steelmakers, reports The (Toronto) Globe and Mail newspaper.

Nippon Steel Marks Start of Construction on U.S. Processing Plant

22 June 2016 - Nippon Steel & Sumitomo Metal Corp. has broken ground on a US$50 million wire rod processing plant in the state of Indiana.

Billiton Forecasts Increased Demand for Coking Coal

21 June 2016 - BHP Billiton Ltd. said it believes that a rise in steel production from emerging economies – India’s economy especially – will drive long-term demand growth for coking coal, reports the Bloomberg news service.

Report: Investment Firm Hopes to Merge the former Stelco, Essar Steel Algoma

20 June 2016 - A New York-based private equity firm has plans to acquire two ailing Canadian steelmakers and merge the businesses, reports The Hamilton Spectator newspaper.

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