Steel News

Egyptian Rebar Producer Upgrades Rolling Mill Controls

22 June 2017 - Danieli Automation recently completed upgrades to a rolling mill control system at an Ezz Steel facility in Egypt.

Texas HBI Plant Passes Performance Tests

21 June 2017 - The world´s largest single-module hot briquetted iron plant successfully completed its performance-guarantee tests, reports the facility’s technology supplier.

To Survive, thyssenkrupp Turns Toward Another Business

21 June 2017 - Germany’s biggest steelmaker has a strategy that it hopes will allow it to succeed in a world awash in low-cost steel: make something other than steel.

Global Steel Production Rose in May

21 June 2017 - The world's crude steel production rose to 143.3 million metric tons in May, an increase of 2% over the same month last year, according to World Steel Association figures.

JSW Steel's U.S. Operation Wins Conditional Approval to Upgrade Plate Mill

19 June 2017 - JSW Steel’s board has given the preliminary go-ahead to a plan to modernize the steelmaker’s plate mill at its Baytown, Texas, USA, facility, the company announced Monday.

U.S. OKs Tariffs on Imported Rebar

19 June 2017 - The U.S. International Trade Commission has cleared the way for the imposition of new tariffs on imported rebar from two countries.

NATO Members to Trump: Not All Steel Imports Are a National Security Risk

19 June 2017 - Some of NATO’s European members are pressing the Trump administration to rethink setting restrictions on steel imports based on national security concerns, reports the (London) Financial Times.

Liberty House Puts an Offer Down For U.K. Bar Producer

19 June 2017 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group reportedly are making a rescue bid for an ailing bar and beam producer in the U.K.

South Korean Consortium Prevails in Bidding on Australian Steel, Iron Ore Producer

16 June 2017 - A consortium led by a South Korean private equity firm has been declared the preferred bidder for Australian iron ore miner and steelmaker Arrium, the company’s financial administrator has announced.

ArcelorMittal, Italy Reach Binding Agreement on ILVA Acquisition

16 June 2017 - ArcelorMittal and partner Marcegaglia said on Friday that they have reached a binding agreement with the Italian government on a plan to acquire ILVA.

Report: India's Central Bank Wants Essar Steel, 11 Others Ushered into Bankruptcy

16 June 2017 - India’s Essar Steel and Bhushan Steel reportedly are among 12 companies being recommended for bankruptcy by the country’s central bank, according to the Reuters news service.

NLMK Begins Trials on PCI-Equipped Blast Furnace

16 June 2017 - NLMK Group has initiated hot tests of a new pulverized coal-injection unit on the No. 6 blast furnace at its Lipetsk plant in Russia, the steelmaker has announced.

Cliffs Natural Resources Picks Site for HBI Plant

15 June 2017 - Iron ore miner Cliffs Natural Resources said it will invest US$700 million in a hot-briquetted iron plant close to the southwestern shore of Lake Erie.

Tenova Partners With Microsoft to Offer Industry 4.0 Solution

15 June 2017 - Tenova has teamed up with Microsoft to offer steelmakers a cloud-based, smart-factory solution, providing for new production efficiencies, the equipment supplier has announced.

This Steelmaker's Newest Hire Never Needs to Take a Break

15 June 2017 - German stainless producer Deutsche Edelstahlwerke GmbH has put a Primetals Technologies LiquiRob robot into service at its Siegen plant, improving safety and efficiency.

Nucor Anticipates Softer Second-Quarter Profits

15 June 2017 - Nucor Corp. said it expects its second-quarter earnings to fall short of its first-quarter results as competitive pressure mitigates profits.

Bankruptcy Judge Approves Reorganization Plan for Essar Minnesota Project

14 June 2017 - A U.S. Bankruptcy Court judge has given approval to a plan that, if successful, will allow the stalled Essar Steel Minnesota taconite mine and pellet plant to proceed to completion, reports the Duluth News Tribune.

Commercial Metals Begins Divesting Marketing and Distribution Business

14 June 2017 - Commercial Metals Company plans to carve up and divest its international materials marketing and distribution business so that it can focus on its American and Polish steel mills, the company has announced.

Bayou Steel Announces New Sales Team Appointments

14 June 2017 - Bayou Steel Group is reconfiguring its sales team and has named a former Gerdau director to lead its sales efforts, the steelmaker has announced.

U.S. Line Pipe Producers Weighing Trade Action After Losing Major Order to Russian-Owned Company

12 June 2017 - U.S. line pipe producers said they are considering whether to file a trade complaint over Canadian-made large-diameter pipe after losing what they said is a US$100 million order to EVRAZ North America.