Steel News

Danieli Wins Order for Sampling Robots

22 May 2017 - Nucor-Yamato Steel Co. has ordered two robotic samplers to serve the ladle furnaces at the company’s facility in Blytheville, Ark., USA.

NLMK Lands Multi-Year Raw Material Supply Agreement

22 May 2017 - Integrated Russian steelmaker NLMK has signed a long-term agreement to supply raw materials to one of the world’s largest cement manufacturers.

India Now Is World's Second-Biggest Producer of Stainless Steel

22 May 2017 - Global stainless steel production rose 10.2% in 2016 to a record 45.8 million metric tons, according to data released by the International Stainless Steel Forum.

POSCO Looks to Create 'One-Stop Shop' For Components Verification With New Lab

19 May 2017 - South Korea-based POSCO has cut the ribbon a new components-forming laboratory at is global research and development center in Songdo.

North American OCTG Demand Lifts TMK Profits

19 May 2017 - Russian tubemaker TMK posted a US$42 million profit in the first quarter of 2017, buoyed by an improving oil and gas market in North America.

Nucor Bar Mill Puts New Reheat Furnace on Order

19 May 2017 - Nucor Corp. has ordered a reheat furnace from SMS group as part of a US$85 million upgrade to its Ohio bar mill.

Kentucky Scrap Facility Wins OSHA Safety Recognition

19 May 2017 - U.S.-based River Metals Recycling has announced that its Somerset, Ky., scrap yard has earned a special safety certification from the Occupational Safety and Health Administration.

Tata Steel to Split From U.K. Pension Fund

18 May 2017 - Tata Steel said it has reached an agreement in principle to sever ties with its U.K. pension fund, a move that if finalized would remove an obstacle to possible a merger with thyssenkrupp’s steelmaking operations.

KOCKS Receives Order for SBQ Mill Equipment

18 May 2017 - Friedrich KOCKS GmbH & Co KG has won an order for a 4-stand reducing and sizing block from China’s Maanshan Iron & Steel Co. Ltd., the equipment supplier has announced.

Severstal Blast Furnace to be Retrofitted with New Charging System

18 May 2017 - SMS group’s Paul Wurth unit has won a contract to refurbish the No. 5 blast furnace at Severstal’s Cherepovets Metallurgical Plant in Russia, the equipment maker has announced.

AK Steel to Apply Federal Grant to Electrical Steel Research

18 May 2017 - AK Steel Corp. said it has accepted a US$1.8 million federal grant, which it will use to help develop a high alloy, non-oriented electrical steel.

Essar Steel Algoma Makes Slow Progress on Restructuring

17 May 2017 - It appears that efforts to restructure Canada’s Essar Steel Algoma will continue into the summer, with the company seeking to extend its debtor-in-possession financing at least through August.

U.S. Commerce Department OKs Rebar Duties

17 May 2017 - The U.S. Commerce Department has finalized tariffs on rebar from Japan and Turkey, affirming that producers in those countries have undercut domestic prices.

Sandvik Looks to Exit Welding, Stainless Wire Business

17 May 2017 - Sandvik Materials Technology intends to divest parts of its wire business and is reorganizing the rest of its operations around four product areas, the company has announced.

Cliffs Natural Resources Starts Up New Pellet Plant

17 May 2017 - Iron ore miner Cliffs Natural Resources has begun producing its Mustang superflex pellet at its United Taconite mine in Minnesota, the company has announced.

China Reduces Its Ability to Make Steel, But Not Its Desire

16 May 2017 - China is more than halfway to achieving its goal of cutting 50 million metric tons of crude steel capacity this year, according to Xinhua, the country’s official news agency.

Nucor Names New Executive Vice President

16 May 2017 - A Nucor Corp. veteran and general manager of its joint venture beam and piling mill in Arkansas has been promoted to executive vice president, the company has announced.

SMS group Upgrades Severstal Pickling Line

16 May 2017 - PAO Severstal has installed a new twin-head side trimmer on a pickling line at its Cherepovets plant in Russia, according to equipment supplier SMS group.

U. S. Steel's Mario Longhi Steps Down, Announces June Retirement

10 May 2017 - United States Steel Corporation’s chief executive officer has stepped down and will retire from the company at the end of June, the steelmaker announced Wednesday.

Eurofer President: China’s Capacity Cut Promises Are ‘Genuine’

10 May 2017 - China will indeed cut its capacity, but a reduction in capabilities won’t necessarily lead to a reduction in output, the president of the European steel association, Eurofer, said on Wednesday, according to the Reuters news service.