Steel News

Despite Uncertain Times, There's Still a Place for Port Talbot Works, Tata Steel Executive Says

03 January 2019 - Tata Steel Europe head Hans Fischer said he believes there is a future for the United Kingdom’s largest steel works, even after the country leaves the European Union, but cautioned that more work is needed to turn around the integrated facility.

Scrap Metal Services Establishes Partnership With Texas Mill

27 December 2018 - Mini-mill operator Optimus Steel has contracted Chicago-based Scrap Metal Services LLC (SMS) and its mill services division, SMS Mill Services, to provide on-site scrap management.

Scrap Steel Consumption on the Rise in China

27 December 2018 - As new electric arc furnaces come on-line, China’s scrap steel use is expected to cross the 200-million-metric-ton threshold by 2020, if it hasn’t already, Argus Media reports.

Stainless Steel Shines in Elon Musk's Eye

27 December 2018 - Steel remains the go-to material in automotive applications. But as it seems, it may offer advantages in interplanetary applications, too.

Indian Rebar Maker to See Substantial Capacity Increase

26 December 2018 - U.K.-based mining and energy conglomerate Vedanta Resources Ltd. plans to invest somewhere between US$3 billion to US$4 billion in an Indian steel mill over the next several years.

Russian Researchers Start Up Novel Iron Recovery Furnace

26 December 2018 - A Russian technical university and an industry partner have fired up a pilot-scale furnace designed to recover iron and other metals from industrial and municipal solid wastes.

SSWI Appoints New General Manager at Niagara LaSalle Plant

19 December 2018 - Specialty Steel Works Inc. (SSWI) has named an industry veteran to lead its Niagara LaSalle cold-finished bar plant in Hammond, Ind., USA, the company said on Wednesday.

NLMK Commences Work on Blast Furnace Rebuild

19 December 2018 - NLMK Group has begun rebuilding the No. 6 blast furnace at its Lipetsk plant in Russia, a project that will increase its ironmaking capacity by 8% to 3.4 million metric tons.

Section 232 Tariffs Incongruent With USMCA Deal, Canadian Official Says

19 December 2018 - A Canadian official argues that the Section 232 tariffs on steel and aluminum contradict a key component of the new U.S.-Mexico-Canada trade agreement and therefore will, in the end, be lifted.

Why Do the Deer Cross the Railroad? This Researcher Has an Answer.

19 December 2018 - A research and development manager Nippon Steel & Sumikin Metal Products Co. in Japan reportedly has found an answer to a vexing transportation problem: why do so many deer stand on railroad tracks only to be struck by trains?

After Nearly a Decade in Mothballs, This EAF is Throwing Sparks Once Again

18 December 2018 - JSW Steel has restarted the meltshop at its Mingo Junction, Ohio, mill, bringing back to life a furnace that has been idled for more than nine years.

Nucor, Steel Dynamics Forecast Record 2018 Earnings

18 December 2018 - Nucor Corp. and Steel Dynamics Inc. expect to report record full-year earnings in 2018 owing to the underlying strength in the steel markets and other factors, and both are looking for continued profitability in 2019, the companies have said.

Chinese Induction Furnaces Find New Life in Other Asian Countries

18 December 2018 - In 2017, China said it lopped about 120 million metric tons of production capacity by closing induction furnaces at more than 600 companies.

Here's Who Tata Steel and thyssenkrupp Have Named to Lead Their European Joint Venture

17 December 2018 - Tata Steel and thyssenkrupp have assembled the senior leadership team for their planned European joint venture, naming a thyssenkrupp executive to oversee an entity that will be Europe’s second-largest steelmaker.

Chinese Steelmaker Signs On for US$4.4B Investment in the Philippines

17 December 2018 - China’s HBIS Group Co. Ltd. and others have signed a memorandum of understanding on a plan to build a US$4.4 billion integrated steelworks in the Philippines.

Kobe Steel Targets Increased Wire Rod Processing Capacity in China

17 December 2018 - Kobe Steel Ltd.’s joint-venture wire rod processing business in China will invest 900 million yen (about US$8 million) to expand capacity there, its fifth such capacity expansion since 2009.

GFG Alliance Lays Out an Ambitious Plan to Build a Very Large Steel Works

13 December 2018 - The Gupta family’s GFG Alliance is committing more than AU$600 million toward upgrades to its iconic steelworks in Whyalla, Australia, and is planning construction of a massive steelmaking plant at the site, the company has announced.