Steel News

Eurofer President: China’s Capacity Cut Promises Are ‘Genuine’

10 May 2017 - China will indeed cut its capacity, but a reduction in capabilities won’t necessarily lead to a reduction in output, the president of the European steel association, Eurofer, said on Wednesday, according to the Reuters news service.

Commercial Metals’ New Mill Set for Late Fall Completion

09 May 2017 - Despite having to slog through inordinately wet weather, Commercial Metals Company’s new micro-mill in Oklahoma remains on track for a late fall start-up, executive vice president Tracy Porter said Tuesday.

Harsco Called Upon to Support New Integrated Mill

09 May 2017 - Mill contractor Harsco Corp. has been awarded a US$25 million contract to provide services at Tata Steel’s new Kalinganagar works in India, the company announced on Tuesday.

Japan: U.S. Anti-Dumping Ruling ‘Unjust’

09 May 2017 - Japan’s steel producers are weighing their options following a U.S. decision last week to impose tariffs on cut-to-length plate from Japan and seven other countries.

Metallurgist: More Hydrogen Embrittlement Data Needed, But It Will Be Costly to Obtain

08 May 2017 - Metallurgists have been studying hydrogen embrittlement for more than 140 years, but to solve the nagging problem, more real-world data is needed, University of Cambridge Prof. Harry Bhadeshia said on Monday.

Stelco Seeks Court Approval for Sale

08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.

So Far This Year, China Is Exporting Less Steel

08 May 2017 - China’s steel exports have declined 26% through the first third of the year, according to S&P Global Platts.

Steel M&A Picks Up as Prices Recover

08 May 2017 - Rebounding steel prices and capacity cuts in China have triggered a wave of mergers and acquisitions, and plants once considered worthless are now attracting attention from investors, reports the Reuters news service.

U.S. Trade Commission Affirms Tariffs on Cut-to-Length Plate

07 May 2017 - U.S. steel producers indeed have been harmed by imported cut-to-length plate from eight countries, the U.S. International Trade Commission (ITC) has affirmed.

Indian Steelmaker Begins Offering Slag Sand

07 May 2017 - India’s Essar Steel has developed a slag-derived sand that could help satisfy demand for fine aggregates in construction, reports The Press Trust of India (PTI) news agency.

Three Killed in Steel Plant Accident

07 May 2017 - Three people were killed and three others were injured at an Indian steel mill after a ladle accidentally tipped and spilled 25 to 30 metric tons of molten metal, according to the Hindustan Times newspaper.

ArcelorMittal Receives One Tall Order for Steel

04 May 2017 - ArcelorMittal USA is providing the steel plate going into a 58-story New York skyscraper, the steelmaker said on Thursday.

Saudi Steelmaker Upgrades Bar Mill Drives

04 May 2017 - Danieli Automation has won a contract to upgrade a portion of the No. 3 bar mill at SABIC’s Saudi Iron & Steel Co., the equipment manufacturer has announced.

Bloomberg: Auto Sales Begin to Cool, But They Might Not Have Been Too Hot in the First Place

04 May 2017 - In the last few years, auto production has been a sustaining end market for steelmakers. But now, demand for cars and trucks might be starting to cool, as has been expected, reports the Bloomberg news service.

China Ambassador Nominee Says He'd Work to Stop Steel Dumping

02 May 2017 - With compliments aplenty during his confirmation hearing on Tuesday, Iowa Gov. Terry Branstad is likely to be confirmed as the U.S. ambassador to China, according to reports.

Zoning Change Could Ruin Sale of Closed Mill, Says ArcelorMittal

01 May 2017 - A local zoning dispute has the potential to derail ArcelorMittal's plans to sell its shuttered wire rod mill in Georgetown, South Carolina, reports The Post and Courier newspaper.

Cliffs Natural Resources Sounds the NYSE's Closing Bell

01 May 2017 - In recognition of their company's 170th anniversary, Cliffs Natural Resources chairman and chief executive Lourenco Goncalves and the executive management team rang the NYSE's closing bell on Monday.

Investment Firm Acquires Majority Stake in Steel Fabricator

01 May 2017 - New York-based investment firm Alleghany Capital Corp. has acquired a majority interest in W&W|AFCO Steel, one of the largest structural steel fabrication and erection companies in North America, the companies announced on Monday.

DRI Plant Still in the Works for Cliffs

28 April 2017 - Iron ore miner Cliffs Natural Resources said it remains committed to building a direct-reduction plant and intends to make preliminary investments in the project in 2018, chief executive Lourenco Goncalves said Thursday.

Vallourec Names Chief Digital Officer

28 April 2017 - French tubemaker Vallourec has appointed Barthélémy Longueville as its chief digital officer, the company has announced.