Steel News

Sandvik Looks to Exit Welding, Stainless Wire Business

17 May 2017 - Sandvik Materials Technology intends to divest parts of its wire business and is reorganizing the rest of its operations around four product areas, the company has announced.

New Processing Line Boosts Outokumpu's Capacity at South Carolina Mill

03 April 2017 - New Outokumpu has upgraded its stainless bar mill in Richburg, S.C., USA, adding a coil-to-bar line that boosts its capacity by more than 15,000 metric tons annually.

U.S. ITC Greenlights Duties on Two Chinese Steel Products

03 March 2017 - The U.S. International Trade Commission has ruled that American producers indeed have been harmed by dumped imports of certain steel products from China, clearing the way for the imposition of tariffs.

Its New Steel Works Now Open, an Open-Die Forger Sets a Casting Record

23 February 2017 - South Korea’s TAEWOONG Co. Ltd. has set a new steelmaking record, becoming the first to successfully produce 1,000 mm blooms on a curved continuous caster, according to an announcement.

Ryerson Enhances Stainless Processing Business Through Acquisition

21 February 2017 - Metals distributor and processor Ryerson Holding Corp. has acquired Guy Metals Inc., a privately owned metals service center in Hammond, Wis., USA.

Tata Strikes Deal to Divest U.K. Specialty Steel Business

10 February 2017 - Tata Steel has reached an agreement to sell its U.K. specialty steel business to metals entrepreneur Sanjeev Gupta and his Liberty House Group for 100 million pounds, Tata has announced.

China Criticizes America's Latest Steel Tariffs

06 February 2017 - A Chinese officials said the U.S. disregarded World Trade Organization rules and ignored evidence presented by producers there in its latest steel trade complaint investigation, reports the Reuters news service.

Commerce Department OKs Duties on Stainless Sheet, Strip From China

03 February 2017 - The U.S. Department of Commerce has affirmed tariffs of at least 139.5% on stainless sheet and strip from China.

Stainless Producer Sheds Indiana Plate Mill

25 January 2017 - Outokumpu has divested its Indiana quarto plate mill for approximately EUR28 million, the stainless steelmaker has announced.

Tata UK Finds a Buyer for its Specialty Steel Business

29 November 2016 - Tata Steel Ltd. has a preliminary deal to sell its U.K.-based specialty steel business to Sanjeev Gupta’s Liberty House Group, the company has announced.

Ampco-Pittsburgh Expands Steelmaking Capabilities Through Acquisition

01 November 2016 - Ampco-Pittsburgh Corp. is acquiring Canadian specialty steel producer ASW Steel Inc. for US$13.1 in cash and debt, Ampco-Pittsburgh has announced.

Allegheny Technologies Moves to Permanently Shut Down Two Mills

27 October 2016 - Specialty metals producer Allegheny Technologies Inc. is permanently closing two idled mills in southwestern Pennsylvania, marking its exit from the grain-oriented electrical steel market and a step back from the commodity stainless market.

U.S. Adds Two More Steel Products to Anti-Dumping Duty List

25 October 2016 - U.S. trade officials have made final determinations on two types of steel products from countries in the Middle East and Asia.

Researchers Developing High Silicon Steel That's Less Brittle -- And Less Expensive

28 September 2016 - The U.S. Department of Energy has awarded a US$3.8 million grant to a research team that is helping to create smaller and more powerful electric motors based on a developmental electrical steel.

Union Workers at Republic Steel Ratify Labor Agreement

19 September 2016 - Members of the United Steelworkers have ratified a new, three-year labor agreement with Republic Steel, the union has announced.

U.S. Announces Preliminary Duties on Stainless Sheet, Strip

12 September 2016 - The U.S. Commerce Department has set has set preliminary anti-dumping duties of 63.9 and 76.6 percent on stainless sheet and strip from China.

UAW Ratifies Labor Agreement with AK Steel

10 August 2016 - The United Auto Workers union has ratified a new labor agreement at AK Steel Corp.’s Butler, Pa., USA, facility, the company has announced.

Auto Parts Maker Orders 25-MN Forging Press

22 July 2016 - SMS group said it has won an order for a closed-die forging press from Turkey’s PARSAN Makina Parçaları Sanayii A.Ş., a key forged-parts supplier to the European automotive industry.

Rotek Expands Seamless Ring Capacity

18 July 2016 - Thyssenkrupp’s Rotek Inc. said the installation of a new ring mill at its Aurora, Ohio, plant is on schedule and expects to put it into service on 1 September.

Sullivan Steel Given Exclusive Distribution Rights to Three Specialty Stainless Grades

15 July 2016 - New Jersey-based Sullivan Steel, a niche stainless distributor serving the bearings industry, has signed an agreement to be the exclusive North American distributor for three premium steels made by France’s Aubert & Duval, the company has announced.