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Latest News

ArcelorMittal Reports Q2 Loss, but Sees Demand Starting to Rebound

30 July 2020 - ArcelorMittal lost US$559 million in the second quarter as the COVID-19 pandemic drove down steel demand around the world.

Tata Steel Tightens Embrace of Industry 4.0

30 July 2020 - Tata Steel is targeting EBITDA improvements totaling US$2 billion over the next several years by further adoption of Industry 4.0 technologies, the (India) Economic Times reports.

Tubemaker Announces Indiana Expansion

29 July 2020 - Welded tubemaker Phillips Tube Group is setting up a new tube plant in east central Indiana, a US$8.2 million investment that will give the company its fourth location.

Zenith Steel Signs CISDI for Bar Mill Build

29 July 2020 - CISDI Group Co. Ltd. has been contracted to build a highly automated bar and wire rod mill for China’s Zenith Steel Group, the engineering and technology provider reports.

SMS group Wins Order for Heavy Plate Mill

29 July 2020 - SMS group has received an order from Shanxi Taigang Stainless Steel Co. Ltd. for a 4.3-m heavy-plate mill, the equipment manufacturer has announced.

Vietnamese Steelmaker to Stop US$10 billion Project

28 July 2020 - The Hoa Sen Group is withdrawing from the US$10 billion Ca Na Steel Project, saying the proposed mill no longer fits with its growth strategy, reports The Saigon Times.

Tata Steel Scrap Facility Accepts First Deliveries

28 July 2020 - Tata Steel has planted a flag in the steel recycling business, with a new scrap facility accepting its delivery of ferrous material.

One Very Large Equipment Order Is Out for Delivery, Danieli Says

28 July 2020 - Danieli has shipped 3,000 metric tons of mill equipment to Kentucky, where it awaits installation at Nucor Corp.’s Gallatin sheet mill.

Nucor Relaunches Two Flat-Rolled Investments

28 July 2020 - Nucor Corp. is resuming work on two major capital projects that it paused earlier this year as the country shut down in response to the COVID-19 pandemic.

AISI: Steel Imports Trending Down in 2020

28 July 2020 - Steel imports into the U.S. declined nearly 21% through the first half of 2020, according to the American Iron and Steel Institute.

Improving Demand Prompts Indiana BF Restart

23 July 2020 - United States Steel Corporation plans to restart the No. 8 blast furnace at its Gary Works in Indiana next month, reports The Times newspaper of northwest Indiana.

Steel Dynamics Reports Q2 Profit

22 July 2020 - Despite the economic turmoil caused by the COVID-19 pandemic, Steel Dynamics Inc. (SDI) finished the second quarter in the black and expects demand to improve in the second half of the year, the steelmaker said Tuesday.

Construction on New Mill Proceeding Well, SDI Says

22 July 2020 - Steel Dynamics Inc. (SDI) is continuing to plan for a mid-2021 start of its new flat-rolled mill in Texas and is staffing up the facility. Speaking during the company’s second-quarter earnings call, SDI chief executive Mark Millett said construction is proceeding extremely well.

SAIL Announces Addition to Product Mix

22 July 2020 - The Steel Authority of India Ltd. (SAIL) has expanded its product know-how, producing for the first time a type of stainless steel that’s generally unavailable from domestic manufacturers.

Danieli Revamps Italian EAF

22 July 2020 - Italian long products maker Ferriere Nord has upgraded the electric arc furnace at its plant in Osoppo, according to project contractor Danieli.

Alacero: Rising Import Levels Cause for Concern

20 July 2020 - Latin American steel demand fell 30% in April as the COVID-19 pandemic forced the region’s economy into a halt, but there is some indication that a recovery has started, according to Alacero, the Latin American Steel Association.

Severstal Wraps Up Cold Mill Overhaul

20 July 2020 - PAO Severstal has rolled the first coil on a rebuilt tandem cold mill at its Cherepovets plant in northwest Russia, reports project contractor SMS group.

Tokyo Steel Plans Pickling Line Modernization

17 July 2020 - Electric arc furnace-based flats and longs producer Tokyo Steel Co. Ltd. has contracted Primetals Technologies to overhaul a continuous pickling line at its facility in Kurashiki City, Okayama Prefecture, Japan, Primetals Technologies has said.

Factory Tests Complete, a New Graphite Extrusion Press Is Out for Delivery

17 July 2020 - Danieli Breda has shipped a new 35-mn graphite extrusion press to electrodes manufacturer Showa Denko, which is installing the unit at its La Coruña plant in Spain.

MORE Announces Order for Lime Injection System

17 July 2020 - Electric arc furnace equipment specialist MORE S.r.l. has received an order from a Polish long products mill for a new sidewall lime injection system, the company reports.

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