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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Latest News

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. 

Electrosteel Acquisition Wins Tribunal Approval

17 April 2018 - Indian officials have approved ore miner Vedanta Resources' offer to acquire Electrosteel Steels Ltd., becoming the first of 12 companies forced into insolvency by India’s central bank to reach this stage. 

Slovenian Steelmaker Receives New Ladle Car

17 April 2018 - SIJ Ravne Systems, part of Slovenia’s SIJ Group, has built and installed a new ladle transfer car for sister company SIJ Acroni, turning around the project in four months, the company said. 

Outokumpu Broadens Marketing Agreement with German Steelmaker

17 April 2018 - Stainless steel manufacturer Outokumpu is expanding its relationship with Germany’s Böllinghaus Steel, which will distribute certain Outokumpu bar products in Germany and the United Kingdom through a new agreement.  

ArcelorMittal Prepared to Sacrifice European Flat-Rolled Units to Acquire ILVA

13 April 2018 - ArcelorMittal is offering to divest facilities in six European countries in order to resolve anti-competition concerns arising from its planned acquisition of Italy’s ILVA. 

Labor Talks Delay thyssenkrupp, Tata Steel Tie-Up

12 April 2018 - Ongoing labor negotiations between Tata Steel and its workers in the United Kingdom and the Netherlands are delaying its planned joint venture with Germany’s thyssenkrupp, reports the Reuters news service.

New 2.5M-Ton Russian Blast Furnace Enters Production

10 April 2018 - Russian steelmaker EVRAZ has blown in a new blast furnace at its Nizhny Tagil facility, reports the equipment supplier on the project. 

JSPL Sees Big Gains in Crude Steel Output

09 April 2018 - With its new integrated plant fully operational, Jindal Steel & Power Ltd. (JSPL) is setting internal production records, reports the Press Trust of India. 

Australian Steelmaker Receives Trial Order for Submarine Steel

09 April 2018 - Bisalloy Steels, an Australian manufacturer of performance steel plate, has signed an agreement with a naval defense contractor to supply an initial 250 metric tons of specialized plate for the country’s submarine program.  

Hyundai Steel Signs Off on New Long Steel Rolling Mills

06 April 2018 - South Korea’s Hyundai Steel has issued final acceptance certificates on two bar mills installed at its Dangjin plant.   

Report: Tata Receptive to Holding Majority Share in thyssenkrupp Joint Venture

06 April 2018 - Tata Steel is open to taking a majority stake in its planned joint venture with thyssenkrupp, a sign that the Indian steelmaker is committed to growing internationally, reports the Reuters news service. 

Kobe Steel Plans New Annealing Line

04 April 2018 - Japan’s Kobe Steel Ltd. said it will expand its capacity to make ultrahigh-strength steel through the equivalent of a US$470.5 million investment at its Kakogawa Works, the steelmaker announced Wednesday. 

Gerdau Finalizes Divestment of Texas Mill

03 April 2018 - Gerdau SA has completed the sale of its Beaumont, Texas, wire rod mill and two downstream facilities to an entity affiliated with Florida-based Wire Mesh Corp. 

Union Remains Hopeful for Deal to Save Hamilton Specialty Bar

29 March 2018 - Even as Canadian SBQ manufacturer Hamilton Specialty Bar (2007) Inc. faces liquidation, talks are continuing with a potential buyer who intends to continue operating the business, and the United Steelworkers union remains optimistic that a deal can be struck, reports Canadian news radio station AM900 CHML. 

German Labor Union Raises New Concern Over Tata-thyssenkrupp Joint Venture

29 March 2018 - A new obstacle is emerging in the planned Tata Steel-thyssenkrupp AG joint venture, as German unions are voicing displeasure over a labor guarantee that Tata’s Dutch unit could continue to operate independently past the tie-up. 

Primetals Technologies Finishes Upgrades to Georgia Caster

29 March 2018 - Gerdau’s sections mill in Cartersville, Ga., USA, has completed modifications to its 4-strand caster and has put the machine back into service, according to the equipment supplier on the project. 

Steel Tariffs Enabling Potential Mill Restarts in Ohio

28 March 2018 - Republic Steel might restart a bar rolling mill at its idled Lorain, Ohio, USA, facility as soon as this spring, reports American Metal Market.  

Looking to Reduce Debt, CSN Eyes Asset Sales

28 March 2018 - Companhia Siderurgica Nacional chief executive Benjamin Steinbruch said the Brazilian steelmaker is planning to sell between US$600 and US$901 million worth of assets this year to pay down debt, reports the Reuters news service. 

Deadline to Save Canadian Bar Maker Passes Without an Offer

27 March 2018 - Canadian SBQ maker Hamilton Specialty Bar (2007) Inc. is to be liquidated after a would-be buyer failed to finalize an offer for the business. 

New Mill to Expand Carpenter Technology's Soft Magnetics Capabilities

27 March 2018 - Carpenter Technology Corp. has announced plans to build a US$100 million hot strip mill at its Reading, Pa., USA, plant, expanding its capability to produce soft magnetic alloys. 

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