Steel News

AK Steel Rolls Out New Electrical Steel

31 May 2018 - AK Steel Corp. is bringing to market a new family of high-permeability grain oriented electrical steels (GOES) designed for high- and ultrahigh-voltage transformers.

ArcelorMittal North America Executive Announces July Retirement

29 May 2018 - ArcelorMittal North America chief executive Robrecht Himpe will retire this summer, concluding a 37-year career with the company and a predecessor.

Synalloy Expands on Marcegaglia U.S. Pipemaking Acquisition

29 May 2018 - Stainless and alloy pipe maker Bristol Metals LLC is rounding out its acquisition of Marcegaglia’s U.S. manufacturing operation, acquiring its galvanized tube operations near Pittsburgh, Pa., USA for US$10 million. The company also is acquiring the physical plant through a separate sale-leaseback arrangement for an additional US$10 million.

Investment Firm Takes Another Shot at Acquiring Boiler Maker

25 May 2018 - Boiler and pollution control systems maker Babcock & Wilcox Enterprises Inc. said it is reviewing a nonbinding offer for the business from its largest shareholder, Steel Partners Holdings.

TMK Remains Committed to Public Offering for IPSCO Shares

25 May 2018 - Despite having canceled an initial public offering for its U.S. subsidiary, Russian pipe and tube maker TMK said it still intends to take IPSCO Tubulars public.

Trailer Manufacturer Claims Swedish Steel Prize

25 May 2018 - SSAB has awarded the 2018 Swedish Steel Prize to Italian trailer manufacturer Mantella for its innovative rear-tipping semi-truck trailer.

Here's How Much the Steel Industry Generates for the U.S. Economy

24 May 2018 - The iron and steel industry contributes more than US$520 billion to the U.S. economy and supports more than 1 million jobs at steel facilities and industry suppliers, according to an economic impact study commissioned by the American Iron and Steel Institute.

SSAB Floats Product Data into the Cloud

24 May 2018 - SSAB is rolling out a new service that provides customers with cloud-based traceability and documentation of the steel they buy.

India Nears Completion of Scrap Steel Policy

24 May 2018 - India is finalizing a national steel scrap policy and plans to open 20 scrapyards as it moves toward lifting steel production to 300 million metric tons annually, reports the Press Trust of India.

SMS group Receives Order for Slab Caster

23 May 2018 - NLMK Group has awarded a contract for a new thick slab caster to SMS group, the equipment supplier has announced.

Another Protest Filed Against Section 232 Tariffs

23 May 2018 - India has become the latest country to file a complaint with the World Trade Organization over the Trump administration’s 25% tariff on imported steel, reports the Reuters news service.

Severstal Contracts Primetals Technologies for Strip Mill Improvements

22 May 2018 - Primetals Technologies has won a contract to upgrade the primary hot strip mill at PAO Severstal’s Cherepovets steel works, the equipment supplier said on Tuesday.

Salzgitter Buys Specialty Tube Producer in France

22 May 2018 - Salzgitter Group subsidiary Mannesmann Stainless Tubes GmbH has acquired French stainless tubemaker Société Technique d'Etirage de Précision (SOTEP) for an undisclosed amount, the company has announced.

Mnuchin: Tariffs on Chinese Steel Will Remain

22 May 2018 - Although the U.S. has agreed to hold off on imposing US$150 billion in tariffs on Chinese technology and other products, the Section 232 tariffs on Chinese steel will remain, Treasury Secretary Steven Mnuchin said.

Former Gerdau Manager to Lead Revived South Carolina Mill

21 May 2018 - Liberty Steel USA, which is preparing to restart its recently acquired wire rod mill in Georgetown, S.C., has hired a new general manager to oversee the facility.

China Will Step Down Steel Capacity, Executive Says

21 May 2018 - China’s steel industry will continue to reduce capacity, lowering it to under 1 billion metric tons by 2025, said Yu Yong, president of the China Iron and Steel Association, according to the Reuters news service.

Danieli Awarded Contract for Greenfield Wire Rod Mill

21 May 2018 - Concrete reinforcement products maker Van Merksteijn International has chosen Danieli to equip a new mini-mill at the port of Eemshavenin in the Netherlands.

Harsco Extends, Expands Role at ArcelorMittal's French Operations

21 May 2018 - Mill services contractor Harsco Corp. has renewed two logistics and packaging contracts – and signed four new agreements – with ArcelorMittal Atlantique & Lorraine in France, the company has announced.

Big River CCO Steps Aside

18 May 2018 - Big River Steel chief commercial officer Mark Bula is leaving the company to pursue new entrepreneurial opportunities, the steelmaker has announced.

Commerce Department Sides with U.S. Cold-Rolled, Corrosion-Resistant Producers in Circumvention Case

18 May 2018 - Overseas producers were circumventing U.S. anti-dumping measures by converting Chinese-made, hot-rolled coils to corrosion-resistant and cold-rolled steel in Vietnam, the U.S. Commerce Department ruled on Thursday.