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Latest News

U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports

12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.

Primetals Selected To Upgrade Slovenian Steelworks

11 August 2015 - Primetals Technologies has won an order for a 95-metric-ton AOD converter and de-dusting system, the company has announced.

South Korean, Chinese Steelmakers Investing Nearly $1 Billion In New Joint Ventures

11 August 2015 - South Korea's largest steelmaker is partnering with China's Chongqing Iron & Steel Co. on two joint ventures that will produce zinc-coated plates and cold rolled plates, The Korea Observer reported.

EVRAZ Names New Director For Rod, Bar Sales

11 August 2015 - EVRAZ North America has appointed Mike Carroll as director of rod and bar sales, the company has announced.

ATI Makes 'Last, Best And Final' Offer To Union

10 August 2015 - Specialty metals manufacturer Allegheny Technologies Inc. has made what it says is its last, best and final offer to the United Steelworkers union, which is trying to reach a new labor agreement, according to the Pittsburgh Post-Gazette.

Lawmaker Wants U.S. Pipelines To Be Built From American Steel

10 August 2015 - U.S. Rep. Rick Nolan has reintroduced a bill requiring that domestic oil and gas pipelines be built with American-made steel.

U.S. Exports Up In June, But Outlook Remains Weak, Says Steel Institute

07 August 2015 - For the second month in a row, domestic steel exports have grown, increasing by 1.7 percent to 885,191 net tons, according to the American Institute for International Steel.

Italian Senate Approves Measure To Keep Furnace Operating

07 August 2015 - Italy’s Prime Minister Matteo Renzi has won a confidence vote in the Senate on emergency measures to, among other things, keep open a steel plant that has been deemed unsafe, according to a Reuters report.

SAIL Awards Contract For New Strip Mill

07 August 2015 - A consortium that includes Primetals Technologies Ltd. has won a contract to build a large hot rolled strip mill in India, Primetals has announced.

Acquisition Talks For Tata Steel Long Products Business Unsuccessful, Company Confirms

06 August 2015 - Confirming earlier reports, Tata Steel executives said that negotiations on the sale of its European long products business have broken off.

China Exports to Latin America Continue To Increase

05 August 2015 - Finished steel imports from China to Latin America rose 10 percent between the first half of 2015 and the same period last year, according to Alacero, the Latin American Steel Association.

Iran Sees More Steel Production In Its Future

05 August 2015 - Iran is looking to double its steel production over the next 10 years, Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, told BloombergBusiness in an interview.

Universal Stainless Hires New CFO

05 August 2015 - Pittsburgh-based Universal Stainless & Alloy Products Inc. has named a former H.J. Heinz Co. executive as its new CFO and vice president of finance, the steelmaker has announced.

Klesch Group Ends Acquisition Talks For Tata Steel Long Products Business

04 August 2015 - A metals, chemical and oil company has withdrawn from discussions on buying Tata Steel's European long products business, according to a report in The Financial Times.

Steelmaker's European Division Reorganizes; Now Under New Management

04 August 2015 - Tata Steel's European long products division has begun operating as a standalone subsidiary and is now under new management, according to a U.K. newspaper.

ArcelorMittal's U.S. Employees Need To Share More Of The Cost of Health Insurance, Company Says

03 August 2015 - Steel giant ArcelorMittal, which is negotiating a new labor deal with the United Steelworkers, said it needs to freeze or cut pay for some employees and require others to contribute more to the cost of their health insurance, according to the Wall Street Journal.

Cliffs Natural Resources Idling Minnesota Taconite Operation

03 August 2015 - Lower orders and higher inventories have prompted Cleveland-based Cliffs Natural Resources to temporarily idle its United Taconite operation in the Minnesota Iron Range.

Worker Killed In Mill Accident Identified

31 July 2015 - Officials have identified a man who was killed July 25 at Nucor Corp.'s Berkeley mill in South Carolina.

It Costs More To Fix Ford's Aluminum F-150 Than The Steel Version, Says Insurance Institute

31 July 2015 - Body repairs to an aluminum 2015 Ford F-150 took longer and cost 26 percent more than repairs to its 2014 steel-bodied counterpart, according to test results from the Insurance Institute for Highway Safety.

World Steel Association: Governments Must Consider Steel's Importance When Setting Carbon Policies

30 July 2015 - The World Steel Association is calling upon the world's governments to engage the industry as they develop carbon emissions policies.

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