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Latest News

Allegheny Technologies, United Steelworkers Shake Hands on Tentative Labor Deal

23 February 2016 - Union negotiators have reached a tentative, four-year agreement with specialty steelmaker Allegheny Technologies Inc., the United Steelworkers union and the company have announced.

Romanian Tubemaker Adding Heat Treatment Line to Mill

22 February 2016 - Romania’s TMK-ARTROM has awarded a contract to the SMS group for a new heat treatment line, according to SMS.

Two JSW Steel Blast Furnaces Returned to Service

22 February 2016 - India’s JSW Steel has re-commissioned two idled blast furnaces and is preparing to relight a third, according to reports.

Steel's Downturn Sinks the Shipping Industry

22 February 2016 - Misery loves company, and so the steel sector isn't the only one feeling pain. The shipping industry is under just as much pressure, owing to falling demand, low prices and a glut of capacity.

U.S. ITC Retains Duties on Certain Chinese-Made Pipe

19 February 2016 - The U.S. International Trade Commission has agreed to retain anti-dumping and countervailing duties on seamless pipe from China.

Ukraine's No. 1 Exporter Is a Steelmaker

19 February 2016 - Forbes Ukraine magazine has named ArcelorMittal Kryvyi Rih as the country’s leading exporter during 2015.

Usiminas' Controlling Shareholders Considering Support for the Ailing Business

19 February 2016 - The joint controlling shareholders of Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA are trying to settle on a way to prop up the ailing business, which is struggling to make it through some of the worst times in Brazil’s steel industry in years.

Gerdau Gives a Thumbs Up to a New Rolling Mill, Plans to Begin Plate Production This Summer

19 February 2016 - Long steel maker Gerdau has issued the final acceptance certificate for its new Steckel mill at its Ouro Branco plant in the Brazilian state of Minas Gerais, according to the vendor on the project.

Coke Plant on Order at Chinese Steel Works

18 February 2016 - SMS group's Paul Wurth subsidiary will oversee engineering of a coke plant at a new steel works in China, the company has announced.

TimkenSteel Moves to Recapture a Piece of a Specialized Tube Market

18 February 2016 - U.S.-based TimkenSteel is re-entering the market for the specialized tubing needed to make a widely used type of plastic and has taken its first order, the company announced.

ArcelorMittal Workers in Canada Accept New Labor Deal

17 February 2016 - Unionized steelworkers at ArcelorMittal's Canadian long products division have ratified a six-year labor agreement, the company has announced.

Citing Losses, Australian Steelmaker Says It May Partially or Fully Close Its Integrated Steel Works

17 February 2016 - Arrium, an Australian iron ore miner and steel producer, posted an AU$235.8 million loss in the first half of fiscal 2016 and said it needs to find AU$60 million in cost savings or it will idle all or part of its integrated Whyalla works.

SDI Co-Founder Richard Teets Calls it a Career and Announces March Retirement

17 February 2016 - Steel Dynamics Inc. co-founder and former AIST board president Richard P. Teets Jr. has announced he’ll retire in March, bringing to an end a nearly 40-year steelmaking career and prompting the company to reorganize its management structure.

Minnesota's Governor Hopes to Enlist Other Governors in the Fight Against Imported Steel

17 February 2016 - The National Governors Association represents the governors of 55 U.S. states, commonwealths and territories. It's holding its annual winter meeting this weekend in Washington, D.C., and Minnesota Gov. Mark Dayton says he'll use the opportunity to ask his peers to support federal restrictions on steel imports.

Saudi Arabia, Russia Agree to Hold the Line on Oil Production, But With A Catch

16 February 2016 - Russia and Saudi Arabia have agreed to freeze oil production, but only if other major producers do so as well, according to media reports.

Danieli Lands Contract for Vietnamese Cold Rolling Mill

15 February 2016 - Danieli has won an order for a 2-stand cold reversing mill and a hot-dipped galvanizing line from Vietnamese galvanizer Ton Dong A.

NLRB: Allegheny Technologies Bargained in Bad Faith

15 February 2016 - America's National Labor Relations Board (NLRB) has filed a formal complaint against stainless manufacturer Allegheny Technologies Inc., accusing it of bargaining in bad faith with the United Steelworkers union.

China Is Not a Market Economy, Steelworkers Tell European Commission

15 February 2016 - Scores of angry steelworkers marched on European Union headquarters in Brussels, Belgium, today, demanding that commissioners take action to quell unfairly traded imports and that they deny China market economy status.

Paul Wurth Wins Order for Blast Furnace Equipment

12 February 2016 - SMS group subsidiary Paul Wurth has won a contract for two of its Bell Less Top charging systems, which are to be installed at a new Chinese ironmaking plant.

U.S. Stainless Producers Launch Trade Case Against China

12 February 2016 - Four U.S. stainless sheet and strip producers have filed a trade complaint against China, alleging that their overseas counterparts are dumping steel and undercutting domestic prices.

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