Steel News

Tenova Wins Order for Upgrades to Nucor EAF

12 November 2015 - Tenova Goodfellow Inc. has won an order for one of its iEAF control and analysis systems at Nucor Steel Seattle Inc.

Steel Executive Expects China Production to Decline

12 November 2015 - Chinese steel production probably will fall 10 percent within the next decade, according to Shen Wenrong, chairman of Shagang Group, China’s largest privately owned steelmaker.

Hydrogen is Like Kryptonite to Steel. Some Scientists Are Trying to Figure Out Why.

12 November 2015 - Researchers from several U.K. universities have teamed up to better understand a perplexing metallurgical problem: Why do steel and other metals become brittle in the presence of hydrogen?

SSAB Completes Blast Furnace Modernization, Puts New BOF Converter Into Production

11 November 2015 - The first of three new BOF (LD) converters at SSAB Europe’s Raahe, Finland, works has been placed into production, according to the vendor on the project.

Japan's Kobe Steel Plans Capacity Increase at Wire Rod Processing Mill

10 November 2015 - Kobe Special Steel Wire Products Co. Ltd. said it will invest 1.3 billion yen in new pickling equipment and expects to boost capacity by about 40 percent per month.

Tata Steel Looks to Broaden Presence in Middle East Energy Markets

10 November 2015 - Tata Steel is working with a UAE-based petrochemical company to expand its market for energy sector products in the Middle East, reports The Times of India newspaper.

Grupo Simec Plans to Invest US$600M in New SBQ Mill

10 November 2015 - Mexican special bar quality (SBQ) manufacturer Grupo Simec is planning to build a greenfield mini-mill capable of producing 600,000 tons of SBQ products per year, the company has announced.

EU Steel Summit Yields No Action, But More Discussions

10 November 2015 - European Union ministers agreed they must take steps to protect their steelmakers from the onslaught of imported Chinese steel, but failed to come to terms on a plan for how to do so during a summit meeting held 9 November in Brussels, Belgium.

Tata Launches Steel-Plastic Composite Material

09 November 2015 - Tata Steel has introduced a new composite sheet material that it intends to market to bus and trailer manufacturers.

Caparo Industries' CEO Dies After Falling From Penthouse Flat

09 November 2015 - The chief executive of the United Kingdom’s Caparo Industries died Sunday morning after falling eight stories from his London penthouse, according to reports.

With Debt Payment Coming Due, Essar Steel Algoma Files for Creditor Protection

09 November 2015 - Canada’s Essar Steel Algoma Inc. has filed for creditor protection under Companies' Creditors Arrangement Act (CCAA), marking its second round of debt restructuring in recent years.

Nucor to Acquire Cold Finish Bar Assets in Ohio and Georgia

09 November 2015 - Nucor Corp. is acquiring two Gerdau Long Steel bright bar facilities for an undisclosed amount, Nucor has announced.

U.S. Trade Commission Affirms Commerce Ruling in Welded Line Pipe Case

06 November 2015 - The U.S. International Trade Commissions has made its final determination in a case involving South Korean and Turkish welded line pipe, affirming that unfairly traded imports from those countries have harmed domestic producers.

Ohio Service Center Installs New Multiblanking Line

06 November 2015 - Liberty Steel, a U.S.-based service center, has cut the ribbon on a new Butech Bliss multiblanking line at its North Jackson, Ohio, facility, the vendor on the project has announced.

Chinese Imports Take a US$711M Toll on ArcelorMittal

06 November 2015 - The world’s largest steelmaker lost US$711 million between July and September -- and about US$1.3 billion through nine months of 2015, the company reported.

U.S. House Passes Partially Unfunded $325B Transportation Bill

06 November 2015 - U.S. House passage of a six-year transportation bill is a step toward giving manufacturers some market certainty, but Congress needs to see it the rest of the way through, American Iron and Steel Institute officials said.

Trade Associations Opposing China's Claims to WTO Market Economy Status

05 November 2015 - Nine steel associations in North America, South America and Europe are jointly opposing China’s attempts to gain World Trade Organization market economy status.

Reports: U. S. Steel Ditches Plan for New Pittsburgh HQ

05 November 2015 - United States Steel Corporation has scuttled plans for a new Pittsburgh headquarters, raising questions as to whether the iconic steelmaker might eventually leave its home city, according to local news reports.

Upgrades on Tap for German BOF

04 November 2015 - Primetals Technologies has won an order from Germany’s Hüttenwerke Krupp Mannesmann GmbH (HKM) to modernize the No. 2 basic oxygen furnace (LD) at the steelmaker’s Duisburg plant, Primetals has announced.

O'Flaherty: Good Relationship With South African Government Crucial

04 November 2015 - Paul O’Flaherty, CEO of ArcelorMittal South Africa Ltd., said his mandate from ArcelorMittal chairman Lakshmi Mittal was to “fix" the company’s operations in that country, O’Flaherty said in an interview with the BusinessDay newspaper.