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Latest News

Report: OMK Exploring Sale of U.S. Tube Mill

18 January 2016 - Russia’s United Metallurgical Co. (OMK) is looking into selling its U.S. pipe mill, which it opened three years ago to capitalize on the then-booming energy market, according to the Reuters news service.

China Iron and Steel Association: Our Steelmakers Are Hurting, Too

18 January 2016 - Overcapacity and falling domestic demand are impacting the Chinese steel industry -- the country’s major steel producers lost US$8.07 billion from January to November 2015, reports the Reuters news service.

Tenaris Trims 100 Jobs at Arkansas Mill; Blames Oil Downturn

18 January 2016 - Tube maker Tenaris is shedding approximately 100 jobs at its welded pipe mill in Blytheville, Ark., USA, due to the weak energy market, the company has announced.

Tata Steel to Let Go More Than 1,000 at UK Mills

18 January 2016 - Tata Steel UK Ltd. is laying off 1,050 people, mostly from its integrated Port Talbot mill in Wales, on account of continued pricing pressure from low-cost imports, the company has announced.

Indonesian Steelmaker Orders Coil Equalizer

15 January 2016 - U.S.-based Delta Steel Technologies has won a contract to design and build one of its coil equalizers for Indonesia’s Gunung Steel Group, the company has announced.

AUMUND Wins Order for Conveyor at New DRI Plant in Algeria

15 January 2016 - Germany’s AUMUND Fördertechnik GmbH is building a 116-meter conveyor that will link a new hot direct reduced iron plant to a meltshop at the Tosyali Holding AS mill in Algeria.

French Rod Mill Upgrades Coil Handling System

15 January 2016 - French stainless steel wire rod producer Ugitech has awarded a final acceptance certificate on upgrades to the compacting and coil handling system in the company’s rod mill, according to the supplier, Primetals Technologies.

U. S. Steel Names New Managers at PRO-TEC Coating, Granite City Works

14 January 2016 - A veteran United States Steel Corporation manager has been named president of its PRO-TEC Coating joint venture, the company has announced.

Primetals Wins Order for Two Continuous Casters

14 January 2016 - China’s Shandong Iron & Steel Group Rizhao Co. Ltd. has ordered two twin-strand continuous slab casters from Primetals Technologies, the company has announced.

U. S. Steel Canada Gets the Go-Ahead to Initiate a New Sales Process

13 January 2016 - A Canadian court has signed off on U. S. Steel Canada Inc.’s plan to try, for a second time, to find a buyer, according to The Hamilton Spectator newspaper.

Tenaris Upgrades EAF Injection System at Mexican Tube Mill

12 January 2016 - TenarisTamsa, Tenaris’ seamless tube mill in Mexico, has started up a new pneumatic carbon and lime injection system on its 160-ton electric arc furnace, the vendor on the project has announced.

New CEO Takes the Helm at TPC Wire & Cable

12 January 2016 - U.S.-based TPC Wire & Cable Corp. has named an industrial supply and services executive as its new CEO.

Report: ArcelorMittal Shopping Around U.S. Rail Mill

12 January 2016 - ArcelorMittal’s Steelton, Pa., USA, rail mill is on the sales block, reports local television station WHTM-TV.

Steelworkers to Begin Voting on U. S. Steel Labor Deal

12 January 2016 - The union rank-and-file at United States Steel Corporation are preparing to vote on a tentative labor agreement with the integrated steelmaker, reports The Times of Northwest Indiana newspaper.

Labor Union to Meet With Tata Steel Leaders Over Layoff Reports

11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.

U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors

11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.

POSCO Highlights New Steels at Auto Show

11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.

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