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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.
Commercial Metals’ New Mill Set for Late Fall Completion
09 May 2017 - Despite having to slog through inordinately wet weather, Commercial Metals Company’s new micro-mill in Oklahoma remains on track for a late fall start-up, executive vice president Tracy Porter said Tuesday.
Harsco Called Upon to Support New Integrated Mill
09 May 2017 - Mill contractor Harsco Corp. has been awarded a US$25 million contract to provide services at Tata Steel’s new Kalinganagar works in India, the company announced on Tuesday.
Japan: U.S. Anti-Dumping Ruling ‘Unjust’
09 May 2017 - Japan’s steel producers are weighing their options following a U.S. decision last week to impose tariffs on cut-to-length plate from Japan and seven other countries.
Stelco Seeks Court Approval for Sale
08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.
So Far This Year, China Is Exporting Less Steel
08 May 2017 - China’s steel exports have declined 26% through the first third of the year, according to S&P Global Platts.
Steel M&A Picks Up as Prices Recover
08 May 2017 - Rebounding steel prices and capacity cuts in China have triggered a wave of mergers and acquisitions, and plants once considered worthless are now attracting attention from investors, reports the Reuters news service.
