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Latest News

Michigan Steel Processor Expanding Annealing Capabilties

08 January 2016 - U.S.-based steel processor HyCAL Corp. is expanding its annealing capacity, installing what it says is a first-of-its-kind continuous annealing (CA) line that uses hydrogen rather than water for strip cooling to produce ultra- and advanced high-strength steels.

Cold Finished Steel Bar Institute Names New Officers

07 January 2016 - The Cold Finished Steel Bar Institute has elected Nelsen Steel Co. president Bill Geary as chairman, the trade association has announced.

Magnetation Idles Iron Ore Concentrate Plant

07 January 2016 - Minnesota-based Magnetation LLC is idling the second of its three iron ore concentrate plants and expects to lay off approximately 160 people, according to reports.

Republic Steel to Mothball Ohio Rolling Mill

07 January 2016 - Special bar quality manufacturer Republic Steel has announced that it will idle its Lorain, Ohio, USA, rolling mill by March and lay off approximately 200 workers, according to media reports.

Canadian Iron Ore Producer Pulls Back on Winter Operations

06 January 2016 - Tata Steel Minerals Canada (TSMC), the steelmaker’s iron ore joint venture in Canada, is scaling down winter operations at its direct-shipping ore project.

Automakers: 2015 Was a Banner Year for Sales

06 January 2016 - As depressed as the steel markets might be, there’s at least this much to hold on to:

Italy's Ilva Group Put On the Sales Block

06 January 2016 - The Italian government is seeking a buyer for the ailing Ilva steel group, according to reports.

Nucor to Restart DRI Plant

06 January 2016 - U.S.-based Nucor Corp. intends to resume production at its Louisiana direct reduced iron (DRI) plant by the end of January, the company has announced.

Stainless Association Elects New Leadership

05 January 2016 - Universal Stainless & Alloy Products Inc. president and CEO Dennis M. Oates has been elected as chairman of Specialty Steel Industry of North America (SSINA), the organization has announced.

Electrical Upgrades Underway at Gerdau Bar Mill

04 January 2016 - Italy’s Automazioni Industriali Capitanio (AIC) is installing a new rolling mill control system at Gerdau's Jackson, Tenn., USA bar plant, the company has announced.

Outotec to Cut 150 Jobs in Finland

04 January 2016 - Finland’s Outotec will cut 150 jobs at home and throttle back production at a machine shop and at its filters unit as it attempts to pare EUR70 million in fixed costs.

SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year

04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.

Steelworkers, Allegheny Technologies Return to Bargaining Table

04 January 2016 - U.S.-based Allegheny Technologies Inc. (ATI) and the United Steelworkers union have resumed labor talks and are scheduled to meet this week, reports the Pittsburgh Tribune-Review newspaper.

Danieli, Tenova Bring New DRI Plant into Production

30 December 2015 - Ezz Steel’s new cold discharge DRI plant has been put into service and is exceeding production expectations by more than 10 percent, one of the plant's developers has announced.

Report: India's Steelmaking Capacity Might Triple in Next 10 Years

30 December 2015 - India’s annual steelmaking capacity is projected to reach approximately 300 million metric tons by 2026, according to the Business Standard newspaper.

AIC Upgrading Roughing Stands at German Rolling Mill

30 December 2015 - A German rolling mill will emerge from a holiday outage sporting new drives on four of its roughing stands, according to the vendor on the project.

Uttam Galva, POSCO Ink Technology-Sharing Agreement for Indian Joint Venture

29 December 2015 - India’s Uttam Galva Group has signed an agreement to incorporate POSCO’s steelmaking technology in their proposed joint venture plant in Maharashtra, reports The Hindu BusinessLine newspaper.

Minnesota Governor Gives Taconite Producer Final Offer to Repay Loan

29 December 2015 - Essar Steel Minnesota is reviewing a newly proposed timetable for repaying a US$66 million public loan on a project that hasn’t panned out the way officials had hoped.

New Coating Technology Put to Use in Offshore Well

29 December 2015 - Russia's TMK has shipped 32 metric tons of premium well products featuring its lubricant-free GreenWell polymer coating technology, the company has announced.

Keystone Consolidated Industries Expands Reinforcing Wire Mesh Capacity

28 December 2015 - U.S.-based Keystone Consolidated Industries Inc. is adding welded wire reinforcement (WWR) mesh production to its Sherman, Texas, facility, the company has announced.

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