Steel News

U. S. Steel Canada May Be Split From American Parent

08 October 2015 - U. S. Steel Canada Inc. (USSC) may once again become an independent business, if an Ontario court approves an agreement on the future of the former Stelco operation.

New BOF Put Into Service at JSW Steel Works

08 October 2015 - India’s JSW Steel Ltd. has installed a new basic oxygen furnace (LD) at its Vijayanagar works in Toranagallu, Karnataka, according to the contractor on the project.

Unions Agree to Wage Freeze, Job Cuts at Australian Steel Works

08 October 2015 - Employees at an Australian steel works have accepted concessions in a bid to keep the operation afloat.

Steelmaker Seeks Restraining Order Against its Taconite Supplier

07 October 2015 - Essar Steel Algoma is seeking a restraining order against its taconite supplier, Cliffs Natural Resources, to stop it from canceling their supply agreement.

Bull Moose Tube Undertakes Second Round of Expansion at U.S. Mills

07 October 2015 - U.S.-based Bull Moose Tube Co. is expanding capacity at sprinkler pipe mills in Ohio and Arizona, the company has announced.

ArcelorMittal Transferring Algerian Operations to State-Owned Company

07 October 2015 - The world’s largest steelmaker is exiting Algeria and handing over its shares in steel mills and mines there to the Algerian government.

U. S. Steel Considers Idling Flat Rolled Plant

07 October 2015 - United States Steel Corporation is thinking about consolidating its North American flat rolled division and has given notice that it may temporarily idle its Granite City Works in Illinois, according to reports.

Titanium-Strength Steel? Scientists Say They Have Invented It

06 October 2015 - Materials scientists at South Korea's Pohang University of Science and Technology (POSTECH) have made what they say is one of the biggest steelmaking breakthroughs in years -- a new type ultrastrong, lightweight steel made in part from aluminum.

U. S. Steel Canada Can’t Afford Pension Contributions, Court Monitor Says

06 October 2015 - The court-appointed monitor in U. S. Steel Canada's (USSC) creditor protection case is supporting the company's request to halt pension plan contributions and retiree benefits, but is opposing parent United States Steel Corporation's request to cease providing ministrative and support services for the company.

Thailand’s SSI Enters Bankruptcy, Liquidates British Steel Works

06 October 2015 - Thailand's top steelmaker has declared bankruptcy as it liquidates its U.K. steel division.

Austrian Equipment Manufacturer Secures Record Order

06 October 2015 - Austria's BRAUN Maschinenfabrik GmbH has received an order for six high-performance, abrasive cut-off machines and associated equipment, the largest in its 167-year history, the company has announced.

New Industry Consortium Looks to Improve Steelmaking's Efficiency, Sustainability

05 October 2015 - A year in the making, the U.S.-based Steel Manufacturing Simulation & Visualization Consortium at Purdue University Calumet is ready to take on research projects -- and new partners.

Danieli Wins Order for Pakistani MicroMill

05 October 2015 - A Jordanian steel company has placed an order for a Danieli MicroMill as it looks to expand in the Asian markets, Danieli has announced.

Rizhao Steel Achieves Production Goal, Makes First Ultra-Thin Strip

05 October 2015 - China's Rizhao Steel Group Co. Ltd. has successfully rolled ultra-thin hot strip, achieving its target thickness of 0.8 mm at a new plant, according to the vendor on the project.

Analysts Expect Chinese Steel Exports to Plateau by 2020

05 October 2015 - JPMorgan analysts said they believe Chinese-made steel exports will be leveling off, capped by a wave of protectionist trade measures, reports BloombergBusiness.

Coatings Company Acquires American Galvanizer

01 October 2015 - American Galvanizing Co. Inc., a leading hot-dipped galvanizer in the northeastern United States, has been sold to Valmont Industries Inc.

ATI Completes Repairs to Key Piece of Equipment

01 October 2015 - Allegheny Technologies Inc. has completed repairs to the rotary crop shear at its hot rolling and processing facility and put it back rolling stainless coils, the company has announced.

Australian Steelmaker Seeking AUD100 Million in Cost Cuts

01 October 2015 - Australia’s Arrium Ltd. is planning to cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save AUD 100 million as the company moves forward with the sale of its mining consumables business, reports The Sydney Morning Herald.

Russia’s NLMK Upgrades Italian Plate Mill

01 October 2015 - NLMK has completed a round of upgrades to the press at its Verona, Italy, plate mill, the company has announced.

Union: Discussions Over U. S. Steel Canada's Future Ongoing

30 September 2015 - Mediated talks between United States Steel Corporation , the United Steelworkers union and others over the future of its Canadian operations are continuing behind closed doors, according to The Canadian Press news service.