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US$260 Million Investment to Boost Ternium Coating Capacity in Mexico
17 March 2017 - Ternium plans to invest US$260 million in a new hot-dip galvanizing line and a pre-painting line at its Pesquería plant in Mexico, the company has announced.
Report: Consortium Bids EUR1.6 Billion for Europe's Largest Steel Works
17 March 2017 - ArcelorMittal and partner Marcegaglia are offering 1.6 billion euros for Italy's Ilva steel works, outbidding a rival consortium, reports the Reuters news service.
ArcelorMittal Subsidiary Plans Upgrades to French Plate Mill
17 March 2017 - Danieli has won a contract to upgrade the plate mill at Industeel France’s Le Creusot plant.
Investment Firm Acquires Two Heat Treatment Businesses, Looks to Expand Operations
16 March 2017 - Long products producer Gerdau SA has agreed to sell two U.S. metal processing businesses for an undisclosed amount.
MMK Eyes Improvements to Slab Caster, Plate Mill
16 March 2017 - SMS group has won a contract to upgrade a continuous slab caster and the heavy plate mill at Russia’s Magnitogorsk Iron & Steel Works.
AK Steel, United Steelworkers Agree to Four-Year Labor Pact
15 March 2017 - The United Steelworkers union at AK Steel Corp.’s Mansfield Works in Ohio have ratified a four-year labor deal, the company has announced.
Ontario Court Receives Stelco Restructuring Plan
14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.
General Motors Engineer to Lead Auto/Steel Partnership
13 March 2017 - A veteran automotive engineeer has been named executive director of the Auto/Steel Partnership, the organization said on Monday.
ArcelorMittal Upgrades Long Products Mill in Southeastern Europe
13 March 2017 - ArcelorMittal Zenica, the steelmaker’s long products facility in Bosnia and Herzegovina, has inaugurated two projects designed to reduce its environmental footprint and a third that will allow it to begin producing coiled rebar.
The Future is Now: POSCO Puts AI to Work on Galvanizing Lines
10 March 2017 - South Korea’s POSCO said it has developed an automated coating weight control system and has begun to incorporate the technology into its production of automotive steels.
Italian Government Receives Two Offers for Europe's Largest Steel Works
08 March 2017 - Two consortiums have submitted binding offers for Italy’s ailing Ilva steel group and its Taranto steel works, Europe’s largest steel plant., according to reports
Report: Rising Domestic Demand Kept a Lid on China's February Exports
08 March 2017 - China’s steel exports dived to a three-year low in February as its steel producers diverted output from foreign to domestic markets on account of rising demand at home, reports the Reuters news service.
German Rod and Bar Mill Upgrades Capabilities
08 March 2017 - Danieli has completed the first phase of a modernization project at the Elbe-Stahlwerke Feralpi rod and bar mill in Riesa, Germany, the mill builder has announced.
Steel Fabricator Fulfills Order for Six Dozen Electricity Transmission Poles
08 March 2017 - Falcon Steel America, a Texas-based fabricator specializing in electrical and highway structures, has delivered 73 galvanized transmission poles to an electric cooperative, the company has announced.
U.S. ITC Greenlights Duties on Two Chinese Steel Products
03 March 2017 - The U.S. International Trade Commission has ruled that American producers indeed have been harmed by dumped imports of certain steel products from China, clearing the way for the imposition of tariffs.
Nucor Adds to Steel Fabrication Business in Canada
02 March 2017 - Nucor Corp. has acquired the assets of Omega Joist, a Canadian manufacturer of open-web steel joists, for an undisclosed amount.
Completed Acquisition Expands Synalloy Subsidiary's Capacity, Capabilities
02 March 2017 - Synalloy Corp. subsidiary Bristol Metals has closed on its US$14.95 million acquisition of Marcegaglia USA’s pipe and tube operation in Pittsburgh, Pa., USA. The completed merger forms North America’s largest domestic producer of welded stainless pipe and mechanical tube, the company announced on Wednesday.
Steelworkers Refuse Mediation in Labor Discussions with Essar Algoma
02 March 2017 - A court-appointed mediator has scheduled mediation sessions among the United Steelworkers union, Essar Steel Algoma and the lenders looking to acquire the Canadian steelmaker.
Conveyor Roller Manufacturer Sold to Canada's Metal 7
02 March 2017 - Enduride, a Canadian manufacturer of conveyor rollers and idlers, has been acquired for an undisclosed amount, according to an announcement.
Open for Business: Executives Cut the Ribbon on America's Newest Steel Mill
01 March 2017 - To measure the significance of Big River Steel’s newly opened mill in Arkansas, you could weigh its current annual capacity, about 1.65 million tons. Or, you could count the money that has been invested in the facility, about US$1.3 billion.
