Steel News

Canadian Ore Producer Delists Shares on OTCQX Exchange

10 December 2015 - Canada’s New Millenium Iron Corp. is voluntarily delisting its common shares on the OTCQX International exchange, the company has announced.

Butech Bliss Wins Order for Hydraulic Roller Leveler

08 December 2015 - U.S.-based Ferralloy Inc. is adding a Butech Bliss Synergy® hydraulic roller leveler to its Decatur, Ala., facility.

Court Dismisses Lawsuit Against Essar Steel Algoma

04 December 2015 - A U.S. federal court has dismissed an iron producer’s lawsuit against Essar Steel Algoma, the company has announced.

Italian Transformer Manufacturer Finalizes Acquisition

03 December 2015 - Italy’s Tamini Trasformatori Srl has closed on a deal to acquire transformer manufacturer Transformer Electro Service Srl (TES), the company has announced.

Continuous Casters Switched On at New Baosteel Facility

02 December 2015 - Two new continuous slab casters have been put into service at Baosteel’s Zhanjiang works in southern China, according to the supplier.

Kennametal Closes on Divestment of Plate Fabrication, Castings Businesses

02 December 2015 - Tooling maker Kennametal Inc. has completed the sale of several non-core businesses to Chicago-based Madison Industries, the company has announced.

Primetals Setting Up Briquetting Plant at New HBI Facility

30 November 2015 - Primetals Technologies has won an order for a residuals briquetting plant to be installed at voestalpine’s new hot briquetted iron (HBI) facility in the United States.

Equipment Upgrade Helps ArcelorMittal Expand Piling Products Portfolio

23 November 2015 - ArcelorMittal’s Belval sheet piling mill in Luxembourg has put a new SMS group Compact Roller Straightener into service, allowing the mill to expand its product portfolio, SMS has announced.

Expanding on Previous Acquisition, Atlas Copco Sweeps Up Second Vacuum Business

20 November 2015 - Swedish compressor manufacturer Atlas Copco is acquiring Oerlikon’s Leybold Vacuum business in a deal based on an enterprise value of CHF525 million, the company said.

POSCO Orders Vertical Annealing Furnace for New Galvanizing Line

19 November 2015 - The Fives engineering group has won a contract to design and build a high-performance vertical annealing furnace for a POSCO plant, the company has announced.

Timken Co. Announces Plans for Second Romanian Facility

19 November 2015 - Bearings manufacturer The Timken Co. is planning to build a new plant in Romania, its second facility in the country, the company has announced.

SMS Wraps Up Modernization Project at Nucor Strip Mill

19 November 2015 - SMS group has completed upgrades to Nucor Corp.’s Berkeley, S.C., USA, compact strip production (CSP) plant, SMS has announced.

Iron Ore Producer Might Impose Production Curtailments in Early 2016

18 November 2015 - U.S. iron ore producer Magnetation LLC has warned employees that it might curtail production at its No. 2 plant in Bovey, Minn., beginning on 31 January 2016.

Cliffs Natural Resources Idles Mine, Taconite Pellet Plant

18 November 2015 - Iron ore producer Cliffs Natural Resources Inc. is temporarily idling pellet production at its Northshore Mining operation in Minnesota, the company has announced.

Primetals Secures Order for Meltshop Substation

17 November 2015 - Primetals Technologies has won an order for a new electrical substation and associated equipment that will serve Frisa Forjados S.A. de C.V new meltshop in Villa de Garcia, Mexico.

Lechler Introduces New Air Mist Cooling Nozzle

13 November 2015 - Nozzle manufacturer Lechler Inc. has launched North American sales of a new air mist nozzle designed for use in continuous casters.

Industrial Cable Manufacturer Finalizes Acquisition, Looks to Grow in Latin America

13 November 2015 - U.S.-based TPC Wire & Cable Corp. has closed on its acquisition of its Mexican distributor, Enersave Wire & Cable, TPC has announced.

Tenova Wins Order for Upgrades to Nucor EAF

12 November 2015 - Tenova Goodfellow Inc. has won an order for one of its iEAF control and analysis systems at Nucor Steel Seattle Inc.

Grupo Simec Plans to Invest US$600M in New SBQ Mill

10 November 2015 - Mexican special bar quality (SBQ) manufacturer Grupo Simec is planning to build a greenfield mini-mill capable of producing 600,000 tons of SBQ products per year, the company has announced.

Ohio Service Center Installs New Multiblanking Line

06 November 2015 - Liberty Steel, a U.S.-based service center, has cut the ribbon on a new Butech Bliss multiblanking line at its North Jackson, Ohio, facility, the vendor on the project has announced.