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Latest News

Tata Steel Reaches Milestone In Development Of New Steel Works

10 September 2015 - Tata Steel has reached a milestone in the development of its Kalinganagar steel works – the coke ovens have been placed into the production.

Indian Trade Official Recomends 20 Percent Duty on Certain Steel Imports

09 September 2015 - India’s Director General of Safeguards is recommending that the country impose a temporary 20-percent safeguard duty on imports of certain flat products, including hot rolled coil.

Iron Ore Miner Reaffirms Estimate of 1B Tons of Chinese Steel Production

03 September 2015 - Chinese steel demand has slowed, but one of the world’s largest iron ore exporters is sticking with projections that the country’s demand will grow to 1 billion tons in the next 15 years.

Nucor Names New Board Director

02 September 2015 - A former aviation executive has been appointed to Nucor Corp.'s board of directors, the Charlotte, N.C, USA, steelmaker has announced.

U. S. Steel Moving 225,000 Tons of Steel Production From Canada to America

02 September 2015 - United States Steel Corporation is shifting a large portion of its automotive steel production away from its Canadian subsidiary, U. S. Steel Canada (USSC), to its American mills, a move that's estimated to cost the ailing Canadian operation more than $200 million in revenue over the next 15 months.

IPSCO Halts Production at Iowa OCTG Mill

02 September 2015 - Oil country tubular goods producer TMK IPSCO is idling a casing and line pipe facility in Camanche, Iowa, USA, laying off 43.

ATI, Steelworkers To Return To Bargaining Table

01 September 2015 - Specialty steelmaker Allegheny Technologies Inc. is set to resume contract negotiations with the United Steelworkers union after having locked out workers last month, according to the Pittsburgh Tribune-Review newspaper.

Steelworkers Union Offers To Continue Bargaining Past Contract Expiration

01 September 2015 - With their labor contract with United States Steel Corporation set to expire, the United Steelworkers union has offered to continue working under the terms of the current deal while negotiations continue.

ArcelorMittal South Africa To Close Facilities, Lay Off 400

31 August 2015 - ArcelorMittal South Africa is planning to close parts of one steel works and has begun studying whether to restructure another, the company said in a statement.

Steelworkers Union Says It Will Continue Bargaining With ArcelorMittal

31 August 2015 - With its contract set to expire 1 September, the United Steelworkers union said it will remain at the table with ArcelorMittal and continue negotiating.

Steelworkers Taking ATI To Court Over Canceled Insurance Benefits

31 August 2015 - The United Steelworkers union is suing a unit of Allegheny Technologies Inc. (ATI), accusing it of violating a labor agreement by prematurely terminating insurance benefits for 95 office and technical employees.

EU Imposes Duties on Steel From China, Taiwan

28 August 2015 - The European Union officially has slapped a 25.3 percent anti-dumping duty on Chinese stainless steel cold rolled flat products, Eurofer, The European Steel Association, has announced.

South Africa Introduces Tariff on Imported Steel, But With Conditions

28 August 2015 - South Africa's trade and industry minister has approved a 10-percent protective tariff on certain steel products, looking to shield domestic steelmakers from Chinese imports.

voestalpine CEO: China Plant Construction Might Be Delayed

26 August 2015 - Austria's voestalpine might be hitting the pause button on plans to build a specialty steel mill in China, although it remains interested in expanding operations there, according to a Reuters interview with CEO Wolfgang Eder.

With Import Protections In The Offing, SAIL Considers Price Hike

26 August 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.

Tata Steel Halting Production at U.K. Strip Mill; 250 Jobs To Be Lost

26 August 2015 - Tata Steel's U.K. strip steel division is idling parts of a Welsh mill, blaming a surge of unfairly traded imports.

South Africa Expected To Impose Steel Tariffs

25 August 2015 - Heeding calls from labor groups and its steel industry, South Africa is planning to impose a 10-percent tariff on steel imports, according to Reuters.

China Moves Forward On Second Round Of Construction on Steel Works

25 August 2015 - In spite of lower demand and ample supply, China has begun the second phase of construction on a large, coastal mill in northern Hebei province, according to Reuters.

U. S. Steel Corp. Moving Non-Union Employees To Defined Contribution Retirement Plans

24 August 2015 - United States Steel Corp. is freezing pension benefits for non-union employees and intends to move them onto a 401(k) plan, the Pittsburgh Business Times reports.

Big River Steel Names New Chairman, CEO

20 August 2015 - Big River Steel, the new company building a US$1.3 billion mill in Arkansas, has named a new board chairman and appointed a new CEO following the sudden death of founder John Correnti, who held both of those positions. It also has named a new board director, the company has announced.

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