Steel News

Tosyali Receives Hot DRI Conveyor for Algerian Plant

11 October 2016 - AUMUND Fördertechnik GmbH has delivered a specialized bucket conveyor that will enable hot charging of iron into the electric arc furnace at the new Tosyali steel plant in Algeria.

EU Sets Tariffs on Two Steel Products from China

07 October 2016 - The European Union is imposing provisional anti-dumping duties on hot-rolled sheet and heavy plate from China, saying that the products were being sold at “heavily dumped prices.”

Red Bud Fulfills Order for New Blanking Line

07 October 2016 - Red Bud Industries has shipped a precision blanking line to Majestic Steel USA Inc., a service center in Cleveland, Ohio, Red Bud has announced.

Danieli Tapped for Slab Caster Modernization

07 October 2016 - ArcelorMittal’s Galati steel works in Romania has awarded a contract to Danieli for upgrades to a 38-year-old slab caster, Danieli has announced.

SMS Opens New U.S. Service Center, Dedicated Roll Shops

06 October 2016 - SMS Technical Services has opened a new repair and maintenance shop in Arkansas to serve the Big River Steel facility and other regional steelmakers, the company has announced.

NAFTA Changes Would Impact U.S., Mexican Economies

05 October 2016 - Revisions to, or outright cancellation of, the North American Free Trade Agreement, would negatively impact both the U.S and Mexico, according to CRU steel consultant Thais Terzian.

Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO

05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.

With Low Oil Prices, U.S. Mills Lose Relative Energy Advantage

04 October 2016 - Not only have falling oil prices lowered the demand for steel pipe and tube, they’ve dulled a cost advantage U.S. steel producers had over their counterparts elsewhere in the world, according to an industry consultant.

Steel Construction Expected to Soften in 2017

04 October 2016 - There are many adjectives that will adequately describe the state of the steel construction markets in 2017, and none of them are particularly good, at least as the American Institute of Steel Construction sees it.

Analyst: Expect Tighter Competition in U.S. Sheet Market

04 October 2016 - Supply-side competition in the U.S. sheet market is likely to stiffen in the year ahead as new players enter the market and others become more aggressive, according to one analysts.

Steelworkers Approve New Labor Agreement With Cliffs Natural Resources

30 September 2016 - Members of the United Steelworkers union have ratified a three-year labor agreement with iron ore producer Cliffs Natural Resources, the company announced on Thursday.

Taiwanese Rebar Maker Equipping Itself for Continuous Rolling

30 September 2016 - Taiwan’s Tung Ho has ordered a new continuous billet welder for its Taoyuan bar mill, enabling the facility to operate in endless rolling mode.

SAIL Develops Special Cold-Weather Steel

30 September 2016 - The Steel Authority of India Ltd. has developed a type of steel designed specifically for use in extremely cold environments and has shipped its first order, reports the Business Standard newspaper.

Steel Company Revives Scottish Plate Mills

28 September 2016 - Liberty Steel has recommissioned two affiliated plate mills in Scotland and is looking to eventually increase production to 500,000 metric tons annually, according to the Reuters news service.

Researchers Developing High Silicon Steel That's Less Brittle -- And Less Expensive

28 September 2016 - The U.S. Department of Energy has awarded a US$3.8 million grant to a research team that is helping to create smaller and more powerful electric motors based on a developmental electrical steel.

Chilean Steelmaker Produces First Heat of Nanotech Rebar Steel

27 September 2016 - MMFX Technologies Corp. has established a production partnership with CAP Steel, which has produced its first heat of MMFX’s ChrōmX 9100 concrete-reinforcing steel at its Huachipato plant in Talcahuano, Chile, according to announcement.