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The latest news on companies supplying equipment, products and/or services to the iron and steel industry.

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Latest News

ArcelorMittal Awards Contract for Coke Oven Rebuild

22 July 2016 - Engineering firm Paul Wurth has been tapped to rebuild the coking plant at ArcelorMittal’s integrated Gijon works in Spain, the company has announced.

Auto Parts Maker Orders 25-MN Forging Press

22 July 2016 - SMS group said it has won an order for a closed-die forging press from Turkey’s PARSAN Makina Parçaları Sanayii A.Ş., a key forged-parts supplier to the European automotive industry.

Tenova Signs Preliminary Agreement to Build South American DRI Plant

22 July 2016 - A Peruvian company developing an iron ore mine in the southern Andes has struck a preliminary agreement with Tenova for two ore-processing plants, Tenova has announced.

New Owner of Cold-Finish Equipment Manufacturer Looks to Streamline Production

20 July 2016 - Pennsylvania-based Big B Manufacturing has acquired cold-finished machine maker Hetran Inc. out of bankruptcy for US$765,000, according to reports.

Essar Minnesota Names New Chief Executive

15 July 2016 - Essar Steel Minnesota has named a new chief executive to help guide the company through Chapter 11 bankruptcy and to help it complete its US$1.9 billion taconite mine and pellet plant, reports the Minneapolis Star Tribune.

Essar Steel Minnesota Loses Mineral Leases, Files for Bankruptcy

08 July 2016 - Essar Steel Minnesota, which had been building Minnesota’s first new taconite facility in years, filed for Chapter 11 bankruptcy on Friday, according to reports.

Acquisition Adds Couplings, U-Joints to Timken Co.'s Product Lineup

08 July 2016 - The Timken Co. has acquired family-owned Lovejoy Inc., a maker of industrial couplings and universal joints, for US$66 million, Timken has announced.

Nucor Awards US$900M Material Handling Contract

06 July 2016 - Kinder Morgan Inc. has signed a US$900 million agreement to provide bulk material handling services at five Nucor Corp. facilities, the company has announced.

Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture

13 June 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.

Cliffs Natural Resources Moves Up Restart Schedule for Idled Mine

09 June 2016 - Iron ore miner Cliffs Natural Resources will reopen an idled Minnesota mine two months sooner than planned after securing third- and fourth-quarter orders from a new customer, the company announced on Thursday.

Primetals Signs Contract for Furnace Upgrades at German Mill

07 June 2016 - Primetals Technologies has won an order to modernize the electric arc furnace at BGH Edelstahlwerke GmbH’s Freital facility in Germany.

Fives Names New President of Machine Tool Manufacturing Unit

06 June 2016 - Longtime manufacturing executive Steve Thiry has been named president of production machinery manufacturer Fives Cincinnati, the company has announced.

Severstal Plans Pickling Line Upgrade

31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.

ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement

31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.

TPC Wire & Cable Signs Distribution Agreement in Korea

24 May 2016 - U.S.-based TPC Wire & Cable Corp. has signed a distributor agreement with South Korea’s Broland Korea Co. Ltd., it has announced.

Refractories Manufacturer Looks Overseas for Growth

16 May 2016 - Pittsburgh, Pa.-based refractory maker HarbisonWalker International has taken a few more steps to reorganize itself following its exit from asbestos-related bankruptcy, hiring a new chief technical officer, revealing its intent to expand overseas and unveiling a rebranding effort.

Terex Cancels Merger With Konecranes, But Strikes a Different Deal

16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.

Cliffs Natural Resources, Essar Steel Reach Settlement

29 April 2016 - Canada’s Essar Steel Algoma has settled its dispute with iron ore miner Cliffs Natural Resources over their pellet supply agreement, the steelmaker has announced

Founder of EAF Supplier EMPCO Ltd. Dies at 85

26 April 2016 - Edgar R. Wunsche, an engineer who founded Ontario-based EMPCO Ltd. and an AIST Life Member, died Friday, 22 April 2016, at Toronto General Hospital in Canada. He was 85.

Quad Infotech Commissions New Manufacturing Software at Virginia Mill

25 April 2016 - Software engineering and design firm Quad Infotech Inc. has completed commissioning of its QMOS manufacturing execution system at Gerdau’s large section plant in Petersburg, Va., USA, the company has announced.