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Latest News

Top ArcelorMittal Executive To Retire in 2016

16 December 2015 - Longtime ArcelorMittal executive Bhikam Agarwal is retiring at the end of February 2016, the company has announced.

One Chinese Leader's Solution to Steel Glut? Require Builders to Use More of It

16 December 2015 - Chinese government leaders might be considering a policy that would increase – perhaps triple — the amount of steel used in housing construction as a way to soak up excess steel supply, according to BloombergBusiness.

India Imposes Import Duties on Stainless Products

15 December 2015 - India has imposed an anti-dumping duty on cold rolled stainless flat products from China, the European Union, the United States and other countries to protect domestic manufacturers.

Outotec Finalizes Acquisition of South Africa's Sinter Plant Services

15 December 2015 - Outotec has closed on a deal to buy Sinter Plant Services CC in South Africa, the company has announced.

Upgrades to OneSteel Wire Rod Mill Pass Muster

15 December 2015 - Australia’s OneSteel Market Mills has issued a final acceptance certificate for upgrades to its Laverton wire rod mill, according to the contractor on the project.

Russian, Chinese Steel Exports to EU Now Under Registration Order

15 December 2015 - The European Commission has imposed a registration order on imports of Chinese and Russian cold rolled flat steel, according to the Reuters news service.

Tenaris Opens New Service Center in Argentina

14 December 2015 - OCTG manufacturer Tenaris has opened a new service center in Senillosa, Neuquén, Argentina, to better serve customers in Latin America’s largest shale play.

AK Steel to Begin Winding Down Ashland Works

14 December 2015 - AK Steel Corp. is to begin sending home employees at its Ashland, Ky., USA, works Christmas week, according to the Dayton Daily News.

Partnership Hopes to Roll Out New Metalworking Lubricants

14 December 2015 - Metalworking fluids manufacturer Houghton International is teaming up with SMS group to make new and advanced metal rolling oils, the companies have announced.

Union Reviewing New U. S. Steel Contract Proposal

14 December 2015 - Leaders of the United Steelworkers union are meeting in Pittsburgh, Pa., USA, this week to discuss a new comprehensive proposal from United States Steel Corporation.

Outokumpu Sheds Majority Stake in Joint Venture

11 December 2015 - Finland’s Outokumpu has completed the divestment of most of its stake in its Chinese joint venture, Shanghai Krupp Stainless Co. Ltd. (SKS), the company has announced.

U. S. Steel's Granite City Works To Close in Mid-February, Union Official Says

11 December 2015 - United States Steel Corporation will begin winding down its Granite City Works in Illinois later this month, with workers beginning to be sent home on 27 December, according to the Belleville News-Democrat newspaper.

High Imports and Low Prices Prompt Allegheny Technologies to Idle Two Mills

11 December 2015 - Citing the abundance of low-cost imports and depressed steel prices, stainless and specialty steel producer Allegheny Technologies Inc. is indefinitely idling two of its western Pennsylvania plants.

Canadian Ore Producer Delists Shares on OTCQX Exchange

10 December 2015 - Canada’s New Millenium Iron Corp. is voluntarily delisting its common shares on the OTCQX International exchange, the company has announced.

Window Screen Manufacturer Acquires New York Wire for US$8.8 Million

10 December 2015 - A mesh and screen manufacturer is acquiring the U.S. assets of bankrupt New York Wire in a cash deal, the company has announced.

Primetals Completes Caster Modernization at German Slab Mill

10 December 2015 - Primetals Technologies has completed upgrades to the second strand of a twin-slab continuous caster in Germany, Primetals has announced.

Canada Issues Final Determination in Plate Trade Case

09 December 2015 - The Canada Border Services Agency (CSBA) has issued its final determination in a trade case involving hot rolled carbon and high-strength, low-alloy steel plate from Russia and India, finding that those products have been dumped or subsidized.

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