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Latest News

Allegheny Technologies Lockout Nearing Fifth Month

04 December 2015 - Specialty metals producer Allegheny Technologies Inc. (ATI) invested close to US$400,000 per job through its new hot rolled mill in southwestern Pennsylvania, according to Robert Wetherbee, ATI’s president of flat rolled products.

Italian Transformer Manufacturer Finalizes Acquisition

03 December 2015 - Italy’s Tamini Trasformatori Srl has closed on a deal to acquire transformer manufacturer Transformer Electro Service Srl (TES), the company has announced.

Continuous Casters Switched On at New Baosteel Facility

02 December 2015 - Two new continuous slab casters have been put into service at Baosteel’s Zhanjiang works in southern China, according to the supplier.

Kennametal Closes on Divestment of Plate Fabrication, Castings Businesses

02 December 2015 - Tooling maker Kennametal Inc. has completed the sale of several non-core businesses to Chicago-based Madison Industries, the company has announced.

Former Bethlehem Steel CEO Dies at 86

01 December 2015 - Walter F. Williams, an engineer who worked his way up the ranks of Bethlehem Steel and lead the company as its chief executive, has died. He was 86.

Index Shows U.S. Manufacturing Contracted in November

01 December 2015 - The overall U.S. economy grew during November, but the manufacturing sector contracted for the first time in three years, according to the Institute for Supply Management’s monthly Report on Business.

Reliance Steel Adds Tube Distributor to Network

01 December 2015 - North America’s largest metals service center is acquiring U.S.- based Tubular Steel Inc. for an undisclosed amount, the company has announced.

U. S. Steel Announces Management, Organizational Changes to Flat Rolled Division

01 December 2015 - United States Steel Corporation is reorganizing the reporting structure for its flat rolled division, creating three commercial entities that will oversee operations at their respective plants.

Primetals Setting Up Briquetting Plant at New HBI Facility

30 November 2015 - Primetals Technologies has won an order for a residuals briquetting plant to be installed at voestalpine’s new hot briquetted iron (HBI) facility in the United States.

EUROFER: Changes to EU's Emissions Trading System Would Cost Steelmakers EUR34 Billion

30 November 2015 - Revisions to the European Union Emissions Trading System would be so costly to implement that they would just about erase the steel industry’s margins, according to EUROFER, the European Steel Association.

American Lawmaker Wants to Put a Five-Year Halt on Steel Imports

24 November 2015 - A U.S. lawmaker said he plans to introduce a bill banning steel imports for five years to protect the country’s ailing iron ore miners and steelmakers, according to reports.

Equipment Upgrade Helps ArcelorMittal Expand Piling Products Portfolio

23 November 2015 - ArcelorMittal’s Belval sheet piling mill in Luxembourg has put a new SMS group Compact Roller Straightener into service, allowing the mill to expand its product portfolio, SMS has announced.

LME's New Steel Contracts Make Market Debut

23 November 2015 - The London Metal Exchange launched its new rebar and steel scrap contracts today, but so far there hasn’t been much interest, according to Reuters news service.

Expanding on Previous Acquisition, Atlas Copco Sweeps Up Second Vacuum Business

20 November 2015 - Swedish compressor manufacturer Atlas Copco is acquiring Oerlikon’s Leybold Vacuum business in a deal based on an enterprise value of CHF525 million, the company said.

Former Nucor CEO Enters Business Hall of Fame

20 November 2015 - Former Nucor Corp. CEO and chairman emeritus Dan DiMicco has been inducted into the North Carolina Business Hall of Fame.

POSCO Orders Vertical Annealing Furnace for New Galvanizing Line

19 November 2015 - The Fives engineering group has won a contract to design and build a high-performance vertical annealing furnace for a POSCO plant, the company has announced.

Ohio Steel Shop Temporarily Halting Production

19 November 2015 - U.S.-based Warren Steel Holdings is temporarily idling its plant in Warren, Ohio, citing “market conditions.”

With Steelmaking Still Months Off, Tata Steel Dedicates New Integrated Plant

18 November 2015 - Tata Steel has inaugurated its new 6-million-metric-ton integrated steelworks in India, even though it will be a few more months before steelmaking begins.

Iron Ore Producer Might Impose Production Curtailments in Early 2016

18 November 2015 - U.S. iron ore producer Magnetation LLC has warned employees that it might curtail production at its No. 2 plant in Bovey, Minn., beginning on 31 January 2016.

Cliffs Natural Resources Idles Mine, Taconite Pellet Plant

18 November 2015 - Iron ore producer Cliffs Natural Resources Inc. is temporarily idling pellet production at its Northshore Mining operation in Minnesota, the company has announced.

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