.jpg?lang=en-US&ext=.jpg)
.gif?width=220&height=200&mediaprotectionhash=374c6b9a31f2b2fbfc7937391034efb46fd57feba997b9ad2ae9a0bd3d48329d&ext=.gif)
Industry
Latest News
EVRAZ Sees North American Sales for Rail, Tube Decline
19 August 2016 - Russia’s EVRAZ saw its sales fall nearly 28 percent in the first half of 2016, primarily on lower prices and weaker demand. But the second quarter brought about improving conditions, and the company is therefore “cautiously optimistic” about the second half, it said on Thursday.
New Steelworks Reaches 100,000 Metric Tons of Monthly Production
19 August 2016 - Tata Steel managing director T.V. Narendran said the company’s Kalinganagar steel works produced 100,000 metric tons of steel in July as the company continues to ramp up production at the new facility.
Indonesian Steelmaker to Fire Up New Strip Mill in 2019
18 August 2016 - Indonesia’s PT Krakatau Steel has ordered a new hot strip mill for its integrated steel works on the island of Java.
Report: The World's Biggest Steelmakers Owe More Than US$150B
18 August 2016 - The world’s 30 largest steelmakers are collectively saddled with net debts of US$150 billion, an average of US$5 billion apiece, and some steelmakers appear to be on the verge of bankruptcy, according to professional services firm Ernst & Young.
Skyline Steel Adding Straight-Seam Welding to Mississippi Plant
18 August 2016 - Pilings maker Skyline Steel is investing US$15 million in its Iuka, Miss., plant to add additional pipe-making capabilities.
voestalpine to Expand North American Auto Parts Manufacturing Capacity
18 August 2016 - Austrian steelmaker voestalpine said it will expand its U.S. auto body parts plant and build another after landing an EUR$500 million order for automotive components, the company announced on Wednesday.
Slab Caster at New Brazilian Steel Works Now in Operation
17 August 2016 - Startup Brazilian steelmaker Companhia Siderúrgica do Pecém (CSP) has put its new two-strand continuous slab caster into service, according to the equipment vendor, Primetals Technologies.
Harsco Promotes Longtime Employee to Executive Ranks
17 August 2016 - Mill services contractor Harsco has promoted a company veteran to the newly created role of chief operating officer in its metals and minerals unit.
U.S. Trade Commission Affirms Duties on Certain Pipe and Tube Imports
17 August 2016 - The U.S. International Trade Commission has signed off on anti-dumping duties against imported heavy-walled, welded carbon pipe and tube from three countries.
Gerdau to Idle Kentucky Bar Mill
17 August 2016 - Gerdau is planning to idle its Calvert City, Ky., USA, bar mill by the end of November, blaming the world’s excess steelmaking capacity, according to reports.
Tata Steel, Indian University Establishing New Research Center
16 August 2016 - Tata Steel and Indian Institute of Technology Madras have signed an agreement on establishing anadvanced materials research center, reports The Hindu newspaper.
Bloomberg: China Falling Behind on Capacity Reduction Goal
16 August 2016 - A recent upturn in coal and steel prices is testing the determination of Chinese provinces and companies to cut excess capacity, and, in fact, have put the country behind early goals for doing so, according to the Bloomberg news service.
This Isn't Hot Air: Praxair, Linde Discussing Possible Merger
16 August 2016 - Industrial gas supplier Praxair Inc. said it is discussing a possible merger with Germany’s Linde AG, the company announced on Tuesday.
Cliffs Natural Resources Breaks Ground on Pellet Project
15 August 2016 - North American iron ore miner Cliffs Natural Resources has broken ground on a US$65 million project that will allow for production of its new superflux pellet.
Report: Steel's Recovery Might Already Be Running Out of Gas
15 August 2016 - Despite signs of growth in 2016, the steel industry continues to face the same problems -- a glut of capacity throughout the world and high export volumes from China. And that is leading some to question the sustainability of the current recovery, reports the Bloomberg news service.
Company Proposes Iron Recovery Plant in Northwestern Indiana
15 August 2016 - A company that has been exploring coking coal alternatives said it is looking to build a plant to convert mill waste into iron nuggets, reports The Bismarck Tribune.
Steel Dynamics Acquires Scrap Yards in Tennessee, Mississippi
15 August 2016 - Metals recycler Sims Metal Management Ltd. has divested certain scrap yards in the eastern United States, selling them to Steel Dynamics Inc. for an undisclosed amount, according to reports.
U.S. Is Vigorously Enforcing Trade Laws, Says Commerce Department Secretary
12 August 2016 - U.S. Commerce Department Secretary Penny Pritzker said that with 161 steel-related trade cases now on the books, the government is fully committed to enforcing trade laws.
German EAF Mill Commissions New Furnace Manipulator
12 August 2016 - German specialty steelmaker BGH has commissioned an automatic temperature and sampling manipulator on an electric arc furnace at its Freital facility, according to the vendor on the project.
Primetals Technologies Secures Order for Rolling Equipment
12 August 2016 - Czech steelmaker Třinecké železárny has awarded a contract to Primetals Technologies for a new billet stand and a combination saw for its plant in Třinec, Primetals has announced.
.gif?width=100&height=200&mediaprotectionhash=e2d5b15d68f84f22038524be6c58e5268d67b7f44494b544e29a8d53c5b959ba&ext=.gif)
