Steel News

Motion Industries CEO Remembered as a Friend and Inspiration

22 August 2018 - Industrial replacement parts distributor Motion Industries Inc. is mourning the loss of president and chief executive Tim Breen, who passed away on Saturday at the age of 58.

Electric Metal Makers Guild Names New Officers

22 August 2018 - The Electric Metal Makers Guild has named its 2018-2019 slate of officers, appointing Jonathan Ridgeway of CMC Steel Alabama in Birmingham as president.

EVRAZ Greenlights Landmark Solar Energy Project

22 August 2018 - EVRAZ Rocky Mountain Steel has entered into an agreement with Xcel Energy to install a 204-MW solar project at its steelmaking operations in Pueblo, Colo., USA.

China Appeals to Provinces to Support Capacity Reduction, Eradicate “Zombie” Companies

21 August 2018 - The federal government of China has increased pressure on local governments to abide by capacity-reducing measures and efforts to eliminate so-called “zombie enterprises,” according to the Reuters news service.

Zekelman Industries Files for US$100 Million IPO

21 August 2018 - The pipe and tube giant filed its initial public offering on Friday, 17 August, with the U.S. Securities and Exchange Commission.

Severstal Orders New Coking Coal Test Oven

20 August 2018 - Russian steelmaker PAO Severstal will install a new coal test oven at its Cherepovets facility, according to the equipment supplier.

Honda Employs Advanced High-Strength Steel in New Kei Car Design

20 August 2018 - Honda has begun selling a kei car called the N-Van, and it has a novel feature: it lacks a left-side center pillar.

Project Aims to Improve Energy Recovery at Cogen Plant

08 August 2018 - A Polish cogeneration plant is installing a pair of energy recovery turbines in between blast furnace flues and the cogen plant itself, essentially putting the exhaust gases to work twice.

ArcelorMittal USA Blast Furnace Knocked Off-Line

08 August 2018 - The No. 3 blast furnace at ArcelorMittal’s Indiana Harbor facility has taken an unplanned outage after its large bell fell in during a charge, reports The Times newspaper of northwest Indiana.

This Mill Once Faced Permanent Closure. Now It’s Growing.

08 August 2018 - A Scottish plate mill that was rescued from closure by Sanjeev Gupta's Liberty Steel is now on track to produce more than 120,000 metric tons this year, and even more in the following year, reports The Scotsman newspaper.

Algoma Moves To End Creditor Protection

06 August 2018 - After operating under creditor protection for more than two and a half years, Canada’s Algoma might be set to emerge under new ownership.

Steelworkers Approve New Labor Deal At Ohio Mill

06 August 2018 - A United Steelworkers local has ratified a six-year labor agreement with Pennsylvania-based Universal Stainless & Alloy Products Inc., the company said Monday.

AISI Throws Support Behind Emissions Standards Rewrite

06 August 2018 - The American Iron and Steel Institute (AISI) said it welcomes the Trump administration’s plan to revise fuel economy standards for cars and trucks.

Heat Wave Forces Some Chinese Producers to Chill on Steel Production

06 August 2018 - A power shortage brought on by a heat wave has prompted production curtailments at some mills in China’s leading steelmaking province, according the Reuters news service.

New Twist Develops in Long-Planned Minnesota Mine Project

03 August 2018 - The former Essar Steel Minnesota taconite project faces new uncertainty as a dispute over the project’s ownership has arisen, according to reports.

China Might Again Order Steel Production Cuts

03 August 2018 - China is drafting its emissions-reductions measures for the coming winter heating season and may require steel mills in six major steel cities to curtail production by 50%, according to the Reuters news service.

Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company

02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump.

Third-Gen Automotive Steels Have Arrived

02 August 2018 - Third-generation steels that are at once strong and formable are now being sold into the automotive market and can readily substitute components made from earlier advanced steels with lower tensile strengths, reports Repairer Driven News.

Acquisition Expands Boomerang Tube’s Processing Capabilities

02 August 2018 - Texas-based oil country tubular goods maker Boomerang Tube LLC has acquired nearby casings processor Southern Tube LLC for an undisclosed amount, the company has announced.

Primetals Technologies, Danieli Tapped for Caster Improvements

02 August 2018 - Two Italian steelmakers are upgrading continuous casters in a bid to increase capacity and improve product quality, according to separate announcements from the equipment suppliers on the projects.