Steel News

Nucor Joint Venture Eyes Mexican Auto Market

09 June 2016 - Nucor Corp. plans to build a US$270 million galvanized sheet mill in central Mexico through a new joint venture, the company has announced.

Some Doubt China Pledge To Curb Excess Steel Capacity

08 June 2016 - China has promised to cut down its enormous steelmaking capacity by limiting new mills, eliminating antiquated mills and putting a final end to the so-called "zombie" operations that have returned from the dead.

Primetals Signs Contract for Furnace Upgrades at German Mill

07 June 2016 - Primetals Technologies has won an order to modernize the electric arc furnace at BGH Edelstahlwerke GmbH’s Freital facility in Germany.

Italian Steelmaker Adding Waste-Heat Recovery System to EAF

07 June 2016 - Italy’s Acciaieria Arvedi is installing a waste-heat recovery system at its Arvedi facility in Cremona, according to a supplier on the project.

U.S. Official Rebukes China for Excess Steel Capacity

06 June 2016 - U.S. Treasury Secretary Jack Lew criticized China on Monday for enabling the steel glut, which has driven down prices and forced steelmakers to idle mills, reports The Washington Post.

ArcelorMittal Prepares to Launch New High-Strength Auto Steel

06 June 2016 - ArcelorMittal is preparing to roll out a new high-strength automotive steel later this year, reports the (London) Financial Times.

Fives Names New President of Machine Tool Manufacturing Unit

06 June 2016 - Longtime manufacturing executive Steve Thiry has been named president of production machinery manufacturer Fives Cincinnati, the company has announced.

U.S. Should Resolve Trade Disputes Through Discussion, Not Protectionist Measures, Says China Official

03 June 2016 - Barring Chinese-made steel from the U.S. market would be an abuse of trade remedies, Zhu Guangyao, China’s vice minister of finance, said on Thursday, according to Xinhua, the country’s official news agency.

AHMSA Installs New Plate Normalizing Line

03 June 2016 - Altos Hornos de México S.A.B. de C.V. (AHMSA) has begun processing plates on a newly installed normalizing line at its Monclova works, according to the equipment supplier.

Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving

03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.

Metals Trader Announces Plans to Expand U.K. Mill

31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.

Severstal Plans Pickling Line Upgrade

31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.

ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement

31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.

Trade Commission Moves Forward on U.S. Steel Corp. Complaint

27 May 2016 - The U.S. International Trade Commission will pursue United States Steel Corporation’s Section 337 trade complaint against the largest of Chinese steel producers, the commission has announced.

G7 Resolves to Address Global Steel Glut

27 May 2016 - Leaders of the world’s seven wealthiest countries promised on Friday that they would take steps to address global excess steelmaking capacity, reports the Reuters news service.

Dubai Steelmaker's Rebar Wins Standards Certification

27 May 2016 - The Dubai Central Laboratory has awarded a standards certification to a nanocrystalline rebar being manufactured by United Arab Emirates-based Star Steel International.

Automaker Picks ArcelorMittal for New Supplier Program

27 May 2016 - A German automaker has chosen ArcelorMittal to participate in a new vehicle-development program designed to quicken innovation and to help it meet the needs of a global market.

New Cooling Stack On Order for Pilot Process Plant

24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.

China Trying to Discourage Steel Exports, Industry Group Says

24 May 2016 - Exports of Chinese-made steel are being driven by market forces and rose last year in spite of government action intended to reduce incentives for selling overseas, the China Iron & Steel Association said, according to the Reuters news agency.

Iron Ore Producers Should Focus on the Long Term With China's Steel Mills, Says CISA

20 May 2016 - China Iron & Steel Association Secretary General Liu Zhenjiang said iron ore miners should seek longer-term, mutually beneficial supply deals with Chinese steel mills, instead to trying to turn a profit on short-term price increases, according to Platts.