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Industry
Latest News
With Contract Deadline Looming, Steelworkers Plan A Week of Rallies
17 August 2015 - Members of the United Steelworkers union are planning a week of rallies at U.S. Steel Corp. and ArcelorMittal facilities as it tries to negotiate a new labor deal with the companies by Sept. 1.
New U.S. OCTG Mill Begins Ramping Up Production
17 August 2015 - Seamless tubes have begun rolling off the line at Benteler Steel/Tube GmbH's new OCTG mill in Shreveport, La., USA, AMM reports.
Allegheny Technologies To Lock Out Workers
14 August 2015 - Specialty steelmaker Allegheny Technologies Inc. has given notice that it will lock out 2,200 workers at its plants beginning 15 August, a move that was immediately blasted by the United Steelworkers union.
ArcelorMittal Finalizes South Carolina Rod Mill Closure
14 August 2015 - ArcelorMittal has formally closed its Georgetown, S.C., wire rod mill, bringing to a close 46 years of steel production at the site.
Devalued Yuan Leads China Steel Producers To Cut Prices
14 August 2015 - With China having devalued its currency earlier this week, steelmakers there are already moving to reduce export prices, according to a Reuters report.
Negotiations Between Allegheny Technologies, Steelworkers Break Down
13 August 2015 - Labor talks between the United Steelworkers union and specialty steelmaker Allegheny Technologies Inc. apparently have broken down, with the union having let a company-mandated deadline to accept the new contract lapse.
Report: Indian Steelmaker Bidding On U.S. Steel Canada
13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.
POSCO Looks To Establish Indian Mill Through JV
12 August 2015 - Two steel manufacturers are proposing to build a US$3 billion integrated plant in India that might one day produce 3 million tonnes annually, The Times of India reports.
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.
