Steel News

Nucor Sheet Mill to Receive US$240M Galvanizing Line

14 May 2018 - Nucor Corp. will build a US$240 million galvanizing line at its Arkansas sheet mill, where it already is installing a specialty cold rolling mill, and is weighing similar investments elsewhere, the company has announced.

Report: Tariffs Causing Downstream Steel Companies to Delay Investment Decisions

14 May 2018 - Although American steel mills are cheering the Trump administration’s Section 232 steel and aluminum tariffs, they are creating uncertainly among leaders of downstream businesses, which are postponing investments and suspending hiring and expansion plans, reports The New York Times.

Danieli Sees Continuing U.S. Investment

09 May 2018 - For Italian equipment manufacturer Danieli, stable steel consumption in Europe and the U.S. is leading to contracts for upgrades and modernizations. However, conditions haven’t been right for expansive, capital-intensive projects, said Danieli board chairman Gianpietro Benedetti.

Gerdau Rounds Out Michigan Mill Overhaul with US$70.3M Investment

09 May 2018 - Gerdau Specialty Steel North America said on Thursday that it will invest US$70.3 million in its Monroe, Mich., USA, meltshop.

Newport: Steel Tariffs Prompting Discussions About Excess Capacity

08 May 2018 - Any criticisms of the Section 232 tariffs notwithstanding, they certainly have sparked discussions among the world’s countries on excess steel capacity, AK Steel Corp. chief executive Roger Newport said Tuesday.

Steel Recruiting Efforts Face a New Difficulty: A Strong Economy

07 May 2018 - Recruiting the next generation of steel industry professionals remains a challenge, and the economy certainly isn’t helping the situation at the moment.

NAFTA Talks Reach Critical Stage

07 May 2018 - The negotiations over revisions to the North American Free Trade Agreement are entering a critical period this week as officials from Canada, Mexico and the U.S. look to resolve differences before elections change the equation, according to the Reuters news service.

Report: Investors Hope to Bring Mill to Southern Florida

06 May 2018 - A group of local investors are trying to establish an electric arc furnace-based mill in southeastern Florida, the Miami Herald reports.

Ontario Contributes CA$22.7M to Dofasco Hot Mill Upgrades

06 May 2018 - ArcelorMittal Dofasco is planning to spend CA$151 million on upgrades to its Ontario hot mill in an effort to further its valued-added capabilities.

Metallurgical Engineer Joins Stelco Board

03 May 2018 - A leading Canadian metallurgical engineer and the former U.S. Treasury Secretary have joined Stelco Inc.’s board of directors.

Looking to the Future, Tenaris to Consider Texas Expansion

03 May 2018 - Tenaris is ramping up its new seamless tube mill in Texas, but might eventually look to expand to the operation, reports the Houston Chronicle’s FuelFix blog.

AK Steel Executive Elected as AISI Chairman

03 May 2018 - AK Steel Corp. chief executive Roger Newport has been named chairman of the American Iron and Steel Institute, the trade association has announced.

Steel Tariff Might Force ATI to Close Restarted Facility

02 May 2018 - Allegheny Technologies Inc. said it will have to shut down its advanced finishing facility in Pennsylvania if its new joint venture isn’t granted an exemption to the Section 232 steel tariffs, reports S&P Global Platts.

CMC Celebrates Beginning of Spooler Project

30 April 2018 - Commercial Metals Co. has broken ground on a 63,000-square-foot expansion project at its Mesa, Ariz., USA, micro-mill, where it is adding spooled rebar capabilities.

Big River Calls Dibs on Site for Possible New Mill

25 April 2018 - Big River Steel has taken an option to lease an 800-acre site in Brownsville, Texas, for a possible US$1.6 billion mill.

Gerdau Promotes Executive as Head of North American Division

24 April 2018 - Gerdau SA has tapped an executive in its North American long products business to lead the division.

Alton Steel Produces First Bar-in-Coil

24 April 2018 - Illinois SBQ maker Alton Steel Inc. has coiled up the first bar on its newly installed coiler, the company said on Monday.

AK Steel Earns Supplier Award from Big Three Automaker

24 April 2018 - General Motors Co. has recognized AK Steel Corp. as one of its 2017 suppliers of the year, the company said on Tuesday.

Nucor's Top Raw Materials Exec Announces Retirement

17 April 2018 - Longtime Nucor executive Jim Darsey said he’ll retire on 9 June, concluding a 39-year career with the company.

U. S. Steel Appoints Two to Executive Team

17 April 2018 - United States Steel Corporation attorney Richard L. Fruehauf has been named vice president of strategic planning and corporate development, the steelmaker said Monday.