Steel News

Primetals Technologies Receives Final OK on German Furnace Improvements

10 July 2018 - German stainless and nickel alloy producer BGH Edelstahlwerke GmbH has signed the final acceptance certificate on upgrades to an electric arc furnace, according to the equipment supplier on the project.

Turkish SBQ Mill Plans Caster Upgrade

06 July 2018 - Turkey’s Diler Demir Celik has awarded a contract to Danieli for upgrades to a 19-year-old caster at its Dilovasi special bar quality plant near Istanbul.

Spanish Steelmaker Turns to MORE for Automated EAF Solution

06 July 2018 - Italian electric arc furnace equipment maker MORE has received orders for two of its automatic taphole filling and inspection systems.

Fives Bags Orders for Chinese Cold Mills

06 July 2018 - Equipment manufacturer Fives has won separate contracts for cold rolling mills from two Chinese mills, the company has said.

thyssenkrupp CEO Tenders Resignation

05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down.

Bristol Metals Finalizes Purchase of Galvanized Tube Business

05 July 2018 - Bristol Metals LLC has closed on its acquisition of Marcegaglia USA’s galvanized tube business, the company has announced.

Chinese Province Promises More Capacity Reductions

05 July 2018 - In a bid to reduce air pollution, China’s industrialized Hebei province said it plans to cut 40 million metric tons of blast furnace capacity over the next two years, reports the Reuters news service.

Big River Decides to Expand Arkansas Mill, Considers Additional Automotive Sheet Investment

02 July 2018 - Big River Steel has decided to double down on its investment in Arkansas and expand its existing facility to 3.3 million tons annually. Meanwhile, it separately is considering whether to build an advanced coating line, the company has announced.

Tata, thyssenkrupp Shake Hands on European Joint Venture

02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture.

Steel Dynamics Closes on Acquisition of Sheet Processing Facility

02 July 2018 - Steel Dynamics Inc. has finalized its acquisition of the former Heartland Steel sheet processing plant from Companhia Siderurgica Nacional.

Steel Dynamics Plans New Galvanizing Line for Mississippi Sheet Mill

28 June 2018 - Steel Dynamics Inc. plans to add a third galvanizing line to its Columbus, Miss., USA, sheet plant and make US$90 million to US$100 million in other improvements there.

Cleveland-Cliffs Expects HBI Plant to be Producing by Summer of 2020

27 June 2018 - Cleveland-Cliffs Inc. is ahead of schedule on its hot-briquetted iron plant and expects to put it into service by July 2020, Cliffs chairman and chief executive officer Lourenco Goncalves said Wednesday.

JSW Steel Looks to Grow Domestically and Internationally

26 June 2018 - India’s JSW Steel is allocating US$1 billion toward capital improvements at its plants in Texas and Ohio as it looks to increase its companywide capacity, company officials said Tuesday.

GFG Alliance Restarts a South Carolina Mill, and Eyes Other U.S. Acquisitions

26 June 2018 - The Gupta family’s GFG Alliance is targeting 5 million tons of American EAF capacity in the next two to three years and is looking to acquire supporting scrap operations, executive chairman Sanjeev Gupta said Tuesday.

'Profiteering' Not to Blame for Steel Price Increases

26 June 2018 - Strength in demand, and not speculative activity induced by the Section 232 tariffs, is driving the run up in steel prices, Steel Dynamics Inc. chief executive Mark Millett said Tuesday.

Ferriola: The World Wouldn't Act on Overcapacity, So the U.S. Did

26 June 2018 - Nucor Corp. chief executive officer John Ferriola vigorously defended the Section 232 steel tariffs on Tuesday, saying that the U.S. imposed the trade measure only in the absence of multinational action on excess capacity.

AI Emerging as a New Steelmaking Benchmark, Silicon Valley Executive Says

25 June 2018 - Mills that hesitate on deploying machine learning technologies will do so at their own peril, according to Noodle.ai chief executive officer Stephen Pratt.

Hydrogen Steelmaking Is Feasible...If the Industry Comes Up With a Feasible Way to Produce Hydrogen

25 June 2018 - As the steel industry looks to lower its carbon footprint, investments in hydrogen-based steelmaking research and development are surfacing. However, the process itself isn’t necessarily the biggest hurdle to overcome.

Revised CAFE Standards Probably Won't Hurt Demand for Auto Steel

25 June 2018 - The Trump administration’s proposal to roll back the 2025 vehicle fuel economy standards likely won’t have a significant impact on the market for lightweight automotive steels, according to a Nucor Corp. official.

ArcelorMittal Launches Initiative Aimed at Improving Steel Building Design

21 June 2018 - The world’s largest steelmaker has created a program that aims to change the way builders think about steel in building construction.