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Industry
Latest News
Indian Tube Manufacturer To Double Capacity at New Plant
12 October 2015 - India’s Rama Steel Tubes Ltd. has begun expanding its Khopoli plant in Maharashtra, a project that will double its capacity to make mild steel tube, the company has announced.
Judge OKs U. S. Steel's Divorce From Its Canadian Operation
12 October 2015 - A Canadian judge has approved the split between United States Steel Corporation and its Canadian subsidiary, U. S. Steel Canada Inc. (USSC).
Analyst: Despite Cost-Cutting Measures, Steel Works Unlikely to Remain Open
09 October 2015 - Wage freezes and layoffs will delay, but likely won’t prevent, the eventual closure of BlueScope Steel Ltd.’s Port Kembla works, according to a Deutsche Bank analyst.
Home Is Where the Heart Is, and for Some, It’s in a Big Steel Box
09 October 2015 - A Dutch architect said he expects to see more housing projects built from a re-purposed steel product – shipping containers.
ArcelorMittal Plans Upgrades to Canadian Bar Mill
09 October 2015 - ArcelorMittal Montreal will spend CA$27 million to update the finishing line at its Longueuil bar mill, boosting the mill's capacity by 25%, the company has announced.
Research Team Awarded Inaugural T.C. Graham Prize
08 October 2015 - A team of Canada-based researchers has been awarded the Association for Iron & Steel Technology’s inaugural T.C. Graham Prize, the association has announced.
U. S. Steel Canada May Be Split From American Parent
08 October 2015 - U. S. Steel Canada Inc. (USSC) may once again become an independent business, if an Ontario court approves an agreement on the future of the former Stelco operation.
Unions Agree to Wage Freeze, Job Cuts at Australian Steel Works
08 October 2015 - Employees at an Australian steel works have accepted concessions in a bid to keep the operation afloat.
Bull Moose Tube Undertakes Second Round of Expansion at U.S. Mills
07 October 2015 - U.S.-based Bull Moose Tube Co. is expanding capacity at sprinkler pipe mills in Ohio and Arizona, the company has announced.
ArcelorMittal Transferring Algerian Operations to State-Owned Company
07 October 2015 - The world’s largest steelmaker is exiting Algeria and handing over its shares in steel mills and mines there to the Algerian government.
U. S. Steel Considers Idling Flat Rolled Plant
07 October 2015 - United States Steel Corporation is thinking about consolidating its North American flat rolled division and has given notice that it may temporarily idle its Granite City Works in Illinois, according to reports.
U. S. Steel Canada Can’t Afford Pension Contributions, Court Monitor Says
06 October 2015 - The court-appointed monitor in U. S. Steel Canada's (USSC) creditor protection case is supporting the company's request to halt pension plan contributions and retiree benefits, but is opposing parent United States Steel Corporation's request to cease providing ministrative and support services for the company.
Thailand’s SSI Enters Bankruptcy, Liquidates British Steel Works
06 October 2015 - Thailand's top steelmaker has declared bankruptcy as it liquidates its U.K. steel division.
Austrian Equipment Manufacturer Secures Record Order
06 October 2015 - Austria's BRAUN Maschinenfabrik GmbH has received an order for six high-performance, abrasive cut-off machines and associated equipment, the largest in its 167-year history, the company has announced.
Rizhao Steel Achieves Production Goal, Makes First Ultra-Thin Strip
05 October 2015 - China's Rizhao Steel Group Co. Ltd. has successfully rolled ultra-thin hot strip, achieving its target thickness of 0.8 mm at a new plant, according to the vendor on the project.
Analysts Expect Chinese Steel Exports to Plateau by 2020
05 October 2015 - JPMorgan analysts said they believe Chinese-made steel exports will be leveling off, capped by a wave of protectionist trade measures, reports BloombergBusiness.
Russia’s NLMK Upgrades Italian Plate Mill
01 October 2015 - NLMK has completed a round of upgrades to the press at its Verona, Italy, plate mill, the company has announced.
Union: Discussions Over U. S. Steel Canada's Future Ongoing
30 September 2015 - Mediated talks between United States Steel Corporation , the United Steelworkers union and others over the future of its Canadian operations are continuing behind closed doors, according to The Canadian Press news service.
U.S. Producers Seeking Protection for Welded Stainless Pressure Pipe
30 September 2015 - American producers of welded stainless pressure pipe are accusing their Indian counterparts of dumping products, thereby impacting volume, pricing and profits.
Update: Mexico Imposing Additional Trade Protections for Domestic Steelmakers
30 September 2015 - Mexico is increasing duties on a variety of steel products, hoping to shield domestic producers from inexpensive imports from China and other countries.
