Steel News

Steelmaker Taps Primetals for New Ladle Furnace

25 February 2016 - Russia’s Severstal has ordered a new twin-ladle furnace for its Cherepovets steel works, according to the vendor on the project.

Tata Steel Europe's Chief Executive Departs for Another Position

25 February 2016 - Tata Steel Europe, which is in the midst of talks to sell its long products business, now finds itself undergoing a leadership change.

Ford Engineer Named to U. S. Steel Board

25 February 2016 - A retired Ford Motor Co. executive has been elected to United States Steel Corporation's board of directors, the company has announced.

Brazilian Specialty Steelmaker Fires Up New EAF

23 February 2016 - Brazil’s Villares Metals has signed the final acceptance certificate for a 25-ton electric arc furnace at its mill in Sumare, Sao Paulo, according to the vendor on the project.

Report: Tata Steel Preparing to Restructure India Operations

23 February 2016 - India’s Tata Steel is planning to restructure its domestic operations in a bid to cut costs and boost productivity, reports The Economic Times.

Obama: 'You’ll See Firm, Tough Enforcement of Existing Trade Laws'

23 February 2016 - U.S. President Barack Obama said his administration has been more aggressive than previous administrations in bringing trade actions against other countries.

Allegheny Technologies, United Steelworkers Shake Hands on Tentative Labor Deal

23 February 2016 - Union negotiators have reached a tentative, four-year agreement with specialty steelmaker Allegheny Technologies Inc., the United Steelworkers union and the company have announced.

Romanian Tubemaker Adding Heat Treatment Line to Mill

22 February 2016 - Romania’s TMK-ARTROM has awarded a contract to the SMS group for a new heat treatment line, according to SMS.

Two JSW Steel Blast Furnaces Returned to Service

22 February 2016 - India’s JSW Steel has re-commissioned two idled blast furnaces and is preparing to relight a third, according to reports.

Steel's Downturn Sinks the Shipping Industry

22 February 2016 - Misery loves company, and so the steel sector isn't the only one feeling pain. The shipping industry is under just as much pressure, owing to falling demand, low prices and a glut of capacity.

U.S. ITC Retains Duties on Certain Chinese-Made Pipe

19 February 2016 - The U.S. International Trade Commission has agreed to retain anti-dumping and countervailing duties on seamless pipe from China.

Ukraine's No. 1 Exporter Is a Steelmaker

19 February 2016 - Forbes Ukraine magazine has named ArcelorMittal Kryvyi Rih as the country’s leading exporter during 2015.

Usiminas' Controlling Shareholders Considering Support for the Ailing Business

19 February 2016 - The joint controlling shareholders of Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA are trying to settle on a way to prop up the ailing business, which is struggling to make it through some of the worst times in Brazil’s steel industry in years.

Gerdau Gives a Thumbs Up to a New Rolling Mill, Plans to Begin Plate Production This Summer

19 February 2016 - Long steel maker Gerdau has issued the final acceptance certificate for its new Steckel mill at its Ouro Branco plant in the Brazilian state of Minas Gerais, according to the vendor on the project.

Coke Plant on Order at Chinese Steel Works

18 February 2016 - SMS group's Paul Wurth subsidiary will oversee engineering of a coke plant at a new steel works in China, the company has announced.

TimkenSteel Moves to Recapture a Piece of a Specialized Tube Market

18 February 2016 - U.S.-based TimkenSteel is re-entering the market for the specialized tubing needed to make a widely used type of plastic and has taken its first order, the company announced.

ArcelorMittal Workers in Canada Accept New Labor Deal

17 February 2016 - Unionized steelworkers at ArcelorMittal's Canadian long products division have ratified a six-year labor agreement, the company has announced.

Citing Losses, Australian Steelmaker Says It May Partially or Fully Close Its Integrated Steel Works

17 February 2016 - Arrium, an Australian iron ore miner and steel producer, posted an AU$235.8 million loss in the first half of fiscal 2016 and said it needs to find AU$60 million in cost savings or it will idle all or part of its integrated Whyalla works.

SDI Co-Founder Richard Teets Calls it a Career and Announces March Retirement

17 February 2016 - Steel Dynamics Inc. co-founder and former AIST board president Richard P. Teets Jr. has announced he’ll retire in March, bringing to an end a nearly 40-year steelmaking career and prompting the company to reorganize its management structure.

Minnesota's Governor Hopes to Enlist Other Governors in the Fight Against Imported Steel

17 February 2016 - The National Governors Association represents the governors of 55 U.S. states, commonwealths and territories. It's holding its annual winter meeting this weekend in Washington, D.C., and Minnesota Gov. Mark Dayton says he'll use the opportunity to ask his peers to support federal restrictions on steel imports.