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Latest News

Steel Shortage Forces Toyota to Temporarily Halt Production in Japan

03 February 2016 - The world’s leading automaker plans to halt all of its domestic assembly lines next week because of a parts shortage, which was brought on by an accident at an affiliated steel mill.

ArcelorMittal Might Part With U.S. Rail Mill and Other Long Products Facilities

03 February 2016 - ArcelorMittal, the world’s largest steelmaker, is considering a sale of its Pennsylvania, USA, rail mill, along with other U.S. long steel assets.

Acquisition Expands U.S. Galvanizer's Midwest Presence

02 February 2016 - U.S.-based AZZ Inc. is expanding its galvanizing capacity, acquiring Alpha Galvanizing Inc. for an undisclosed amount.

United Steelworkers Rank-and-File Accept Labor Agreement With U. S. Steel

01 February 2016 - The United Steelworkers union has ratified a three-year labor contract with United States Steel Corporation, the union has announced.

EU Announces Anti-Dumping Duties on Chinese-Made Rebar

01 February 2016 - The European Commission is planning to impose anti-dumping duties of 9.2 and 13 percent on imports of Chinese-made, high-fatigue performance (HFP) rebar.

Analysts: Expect a Challenging Year, But Some Slight Production Growth Is Likely

01 February 2016 - The world’s steel industry is projected to grow slightly in 2016, with production rising by around 0.15 percent, according to newspaper survey of analysts.

Japan's No. 1 Steelmaker Looks to Acquire Rival Nisshin Steel

01 February 2016 - Two of Japan’s largest steelmakers are planning to combine as they try to ride out the low prices brought on by excess capacity.

Steel Manufacturers Association Names New Board Leaders

29 January 2016 - Commercial Metals Co. senior vice president Tracy Porter has been elected chairman of the U.S.-based Steel Manufacturers Association.

Hatch Associates Brings Aboard Industry Veteran

29 January 2016 - Association for Iron & Steel Technology (AIST) president George J. Koenig has been tapped to lead the business development efforts for the iron and steel unit at Hatch Associates Inc.

Nucor 2015 Profits Fall; Underperforming Joint Venture Contributes to 4Q Loss

29 January 2016 - U.S.-based Nucor Corp. saw its 2015 profits fall 39 percent on account of lower prices and declining shipments.

Mexican Steelmaker Orders Acid-Free "Pickling" Line

28 January 2016 - Mexico’s Talleres y Aceros has ordered an Eco Pickled Surface (EPS) descaling line to round out operations at its new mini-mill in the state of Veracruz.

More Layoffs Planned at Kentucky Tube Mill

28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., tube mill.

More Layoffs Planned at Kentucky Tube Mill

28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., USA, tube mill.

Midrex, Primetals Win Contract for Proposed Merchant HBI Plant

28 January 2016 - International Metallics Corp. (Canada) Ltd. has selected Midrex Technologies Inc. and partner Primetals Technologies to outfit a proposed hot briquetted iron plant in the Canadian province of Quebec.

Tenaris Closing U.S. OCTG Couplings Plant

27 January 2016 - OCTG producer Tenaris is planning to mothball its couplings facility in Houston, Texas, USA, by the end of March, the company has announced.

EUROFER: EU Steel Demand May Grow in 2016, But Uncertainty Abounds

27 January 2016 - Steel demand is relatively weak, prices are low and imports are continuing to pummel the European market. And with more than enough to go around, producers will be fighting for orders, creating uncertainty as the industry heads deeper into 2016, according to EUROFER, the European Steel Association.

SMS group Installs New Welding Line at Russian Pipe Works

27 January 2016 - Russia’s Gazpromtrubinvest has commissioned a 16-inch, high-frequency pipe-welding line at its Volgorechensk pipe works, according to the supplier on the project.

U. S. Steel Posts US$1.5B Loss in 2015

27 January 2016 - 2015 will go down as a significant year for United States Steel Corporation, but for the wrong reasons: the integrated steelmaker posted a net loss of US$1.5 billion on the year, illustrating the difficult market conditions the company and other steelmakers are facing.

Court Rules Vale Can Reopen Brazilian Port -- For Now

26 January 2016 - Last week, a Brazilian court ordered that iron ore exporter Vale SA close its Tubarao port, one of the world’s most important iron ore import-export terminals.

With a Labor Deal Yet to be Had, Steelworkers Plan Rally at ArcelorMittal HQ

26 January 2016 - About a month ago, the United Steelworkers union struck up a tentative bargain with United States Steel Corporation. The union is ratifying the contract, and a final tally is due 1 February.

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