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Latest News

With Debt Payment Coming Due, Essar Steel Algoma Files for Creditor Protection

09 November 2015 - Canada’s Essar Steel Algoma Inc. has filed for creditor protection under Companies' Creditors Arrangement Act (CCAA), marking its second round of debt restructuring in recent years.

Nucor to Acquire Cold Finish Bar Assets in Ohio and Georgia

09 November 2015 - Nucor Corp. is acquiring two Gerdau Long Steel bright bar facilities for an undisclosed amount, Nucor has announced.

U.S. Trade Commission Affirms Commerce Ruling in Welded Line Pipe Case

06 November 2015 - The U.S. International Trade Commissions has made its final determination in a case involving South Korean and Turkish welded line pipe, affirming that unfairly traded imports from those countries have harmed domestic producers.

Chinese Imports Take a US$711M Toll on ArcelorMittal

06 November 2015 - The world’s largest steelmaker lost US$711 million between July and September -- and about US$1.3 billion through nine months of 2015, the company reported.

U.S. House Passes Partially Unfunded $325B Transportation Bill

06 November 2015 - U.S. House passage of a six-year transportation bill is a step toward giving manufacturers some market certainty, but Congress needs to see it the rest of the way through, American Iron and Steel Institute officials said.

Trade Associations Opposing China's Claims to WTO Market Economy Status

05 November 2015 - Nine steel associations in North America, South America and Europe are jointly opposing China’s attempts to gain World Trade Organization market economy status.

Upgrades on Tap for German BOF

04 November 2015 - Primetals Technologies has won an order from Germany’s Hüttenwerke Krupp Mannesmann GmbH (HKM) to modernize the No. 2 basic oxygen furnace (LD) at the steelmaker’s Duisburg plant, Primetals has announced.

U.S. Commerce Department Imposes Preliminary Duties on Imported Steels From China, Other Countries

04 November 2015 - The U.S. Department of Commerce has set preliminary duties of up to nearly 236 percent on corrosion-resistant sheet steel imported from China steel and is continuing to evaluate additional protections for American producers.

AK Steel Recognized for Environmental Efforts

03 November 2015 - Honda North America Inc. has recognized AK Steel Corp. with a supplier award for environmental achievement.

Company Investing $125M in New U.S. OCTG Mill

03 November 2015 - A company is planning to build a new OCTG mill in Norfolk, Neb., USA, and expects to begin production in 2017, according to reports.

SAIL Wins Big Rail Order From Iran

02 November 2015 - State-owned Steel Authority of India Ltd. (SAIL) will supply about 100,000 metric tons of rail for a system expansion in Iran, according to reports.

New Reheat Furnaces On Order for Chinese Mill

02 November 2015 - Austria’s ANDRITZ has won an order for two reheat furnaces from Tangshan Iron and Steel Group in China, the company has announced.

Former ArcelorMittal Executive To Lead Finland's Outokumpu

02 November 2015 - The board of directors for Finland’s Outokumpu has appointed a new president and CEO, the company has announced.

Outotec to Acquire South African Mill Services Business

02 November 2015 - Outotec is acquiring South Africa’s Sinter Plant Services CC to complement its service offerings for the country’s ferrochrome market, Outotec has announced.

U.S. Producers Seeking Protection From Imported Welded Steel Pipe

30 October 2015 - Four U.S. producers have filed for trade protection from imported circular welded steel pipe.

Swedish Steelmaker Closing Rolling Mill, Reducing Shifts

30 October 2015 - Swedish engineering steel manufacturer Ovako is implementing a two-year restructuring program in order to reduce costs, the company has announced.

SMS Wins Order for Chinese Strip Mill

30 October 2015 - China’s Shandong Iron and Steel Rizhao has awarded a contract to the SMS group to supply a complete flat steel plant in the Shandong province, SMS has announced.

SMA President: 'We're Not Getting the Margins We Need'

29 October 2015 - Imports of Turkish-made rebar are poised to capture 25 to 30 percent of the U.S. market this year, handily exceeding the high-water mark, CMC Americas President Tracy Porter said on Thursday.

Task Force To Seek Out Buyer for Closing Scottish Mills

29 October 2015 - A task force organized to address the closure of two Tata Steel Europe plants in Scotland has agreed to seek a buyer for the facilities, reports the BBC.

Court Hears Environmental Challenge to New Mill's Air Permit

29 October 2015 - An Arkansas, USA, appeals court is weighing whether a state agency properly issued an air emissions permit for Big River Steel’s new “flex” mill that’s now under construction, according to reports.

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