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Latest News

Fiat Chrysler Plans for May Restart

07 May 2020 - Fiat Chrysler Automobiles (FCA) is looking to resume production at its North American plants in a little more than a week, reports Wards Auto. 

GOES Transformer Components Focus of New Section 232 Investigation

06 May 2020 - The U.S. Commerce Department will investigate whether imports of transformer laminations and wound cores pose a national security risk to the U.S. 

AK Steel to Close Parts of Michigan Facility

06 May 2020 - AK Steel will permanently close parts of its Dearborn Works in Michigan this summer, according to reports.

Tata Steel Leaves Steel Association

04 May 2020 - Tata Steel is withdrawing from the Indian Steel Association and the company’s chief executive is resigning his post as the association’s president, according to reports. 

Italian Steelmaker Installs Automated Tagging System

04 May 2020 - Italy’s Automazioni Industriali Capitanio (AIC) has wrapped up installation of a new bundle tagging system for rebar maker Ferriera Valsabbia. 

Stelco Looks to Acquire Stake in Iron Ore Mine

01 May 2020 - Stelco is buying an option on a 25% stake in United States Steel Corporation’s Minntac iron ore mine and has signed a new contract to buy pellets from the steelmaker over the next eight years. 

Tenaris Begins Restart of Italian Plants

01 May 2020 - Pipe and tube maker Tenaris is gradually restarting its Italian operations, but with strict safety measures firmly in place, the company reports.  

AISI Confident Infrastructure Funding to be Part of COVID-19 Relief

01 May 2020 - Infrastructure funding should be a part of a COVID-19 relief, and will likely be so, American Iron and Steel Institute chief executive Tom Gibson tell S&P Global Platts.  

Coronavirus Intensifies Debate Over EU Steel Import Limits

01 May 2020 - The coronavirus pandemic has changed the backdrop of the debate over the EU’s steel import safeguard measures and will raise the stakes in a review of the measure’s import limits, reports the Bloomberg news service. 

Report: Process Route Decisions Loom for European Steelmakers

30 April 2020 - To meet the European Union’s 2050 carbon neutrality goal, the European steel industry will have to make some very big and very expensive technology investment decisions in the next five to 10 years, according to a new report from the German strategy consultant Roland Berger. 

As China’s  Economy Reopens, Steel Inventories Begin to Fall 

30 April 2020 - China has started to work down its record steel inventories that built up during the country’s coronavirus lockdown, according to the World Steel Association.  

Despite Market Difficulties, JSW Steel Presses On With U.S. Improvements

30 April 2020 - JSW Steel’s U.S. operation is advancing efforts to upgrade its mills in Ohio and Texas, reports commodities news and pricing service Argus. 

Gerdau Certifies Danieli-Led Furnace Upgrade

30 April 2020 - Gerdau has signed off on an upgrade to a furnace at its Divinopolis plant in Brazil, reports Danieli, the project contractor. 

Former Obama Administration Official Named to U. S. Steel Board 

30 April 2020 - United States Steel Corporation has elected former U.S. Homeland Security Secretary Jeh C. Johnson to its board of directors.

POSCO Commissions New Coiler at Hot Strip Mill

28 April 2020 - POSCO’s Gwangyang works in South Korea recently wound the first coils on a newly installed coiler at its No. 4 hot strip mill.  

Ovako Successfully Heats Steel in Hydrogen-Fueled Furnace   

28 April 2020 - Sweden-based engineering steel producer Ovako has successfully trialed the use of hydrogen as combustion source in a production furnace, marking an industry first, the company reports. 

Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel 

28 April 2020 - The Nikkei Asian Review is calling it:  Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker. 

Steel Production Fell in March. Here’s How Much. 

27 April 2020 - Global crude steel production fell approximately 6% in March, but a more precise reading won’t be available for another month, according to the latest production tally from the World Steel Association. 

FOERSTER Instruments Expands Portfolio 

24 April 2020 - Non-destructive testing equipment maker FOERSTER Instruments Inc. is adding to its inspection offerings through a new representation agreement, the company has announced. 

MMK Contracts Danieli for EAF Technology Suite 

24 April 2020 - Russia’s Magnitogorsk Iron & Steel Works (MMK) is outfitting its No. 2 electric arc furnace with Danieli’s Q-MELT process control technology, the equipment supplier has announced. 

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