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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Heat Treat Equipment Maker Wins Orders for Annealing Facility Expansions
13 October 2017 - voestalpine is expanding its new bell annealing facility in Linz, Austria, adding four high-temperature workbases, according to the equipment supplier, Ebner Industrieofenbau.
Fake Quality Data Could Cost Kobe Steel More than Money
11 October 2017 - About a third of the value in Kobe Steel Ltd. shares has been wiped out after the Japanese steelmaker disclosed that some employees falsified inspection certificates on copper and aluminum products and may have falsified data on powdered iron.
Gerdau Sells Chilean Long Steel Business
06 October 2017 - Gerdau SA is divesting its Chilean assets for US$154 million, the company has announced.
Minnesota Governor Puts Support Behind Firm's Effort to Revive Stalled Iron Ore Project
04 October 2017 - Minnesota Gov. Mark Dayton has given his blessing to a firm looking to rescue the stalled Essar Steel Minnesota iron ore mine and taconite plant, reports the (Minneapolis, Minn.) Star Tribune.
Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable
04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.
TimkenSteel, United Steelworkers Shake Hands on Labor Agreement
03 October 2017 - TimkenSteel Corp. and the United Steelworkers union have reached a tentative, four-year labor agreement that provides wage increases and improvements to worker health and safety.
Fives Marks Installation of Annealing, Galvanizing Furnaces
03 October 2017 - French engineering firm and equipment maker Fives has fulfilled an order for two continuous annealing line furnaces and a continuous galvanizing line furnace for a new integrated plant in China.
Cleveland-Cliffs Acquires Full Stake in Iron Ore Mine, Pellet Plant
02 October 2017 - Iron ore producer Cleveland-Cliffs Inc. has bought out its joint venture partner in a Michigan mine, the company said on Monday.
Ternium to Build New Plants in Mexico, Colombia
02 October 2017 - Latin American steelmaker Ternium is investing more than US$1 billion in a new hot rolling mill in Mexico and a new rebar mill in Colombia, each of which are intended to displace imports into the countries.
Nippon Steel President Doesn't Discard Possibility of New Asian Integrated Plant
02 October 2017 - Although Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo has said the company would stay away from building new integrated plants, it isn’t ruling out the possibility.
Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works
02 October 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service.
Report: Stelco Hopes to Raise CA$150 Million Through IPO
29 September 2017 - Three months after emerging from creditor protection, the new owner of Canada’s Stelco will look to take the company public.
ArcelorMittal Allocates US$1B for Improvements to Mexican Operations
29 September 2017 - ArcelorMittal said it plans to invest US$1 billion over the next three years to expand and modernize its Mexican operations.
Steelworkers Approve New Labor Deal With EVRAZ North America
29 September 2017 - Members of the United Steelworkers union have ratified a five-year labor agreement with EVRAZ North America’s Pueblo, Colo., USA, plant.
Salzgitter to Expand Galvanizing Capacity
29 September 2017 - Salzgitter AG supervisory board members have given the go-ahead to the installation of a third galvanizing line at Salzgitter Flachstahl, the company announced on Friday.
U. S. Steel to Expand Ohio Galvanizing Plant
26 September 2017 - United States Steel Corp. and joint venture partner Kobe Steel Ltd. are investing US$400 million in a new continuous galvanizing line to meet rising demand for advanced high-strength steels.
POSCO Opens U.S. Wire Rod Processing Plant
25 September 2017 - POSCO and officials from the state of Indiana gathered Friday to ceremonially open the company’s new U.S. wire rod processing plant at the Port of Indiana-Jeffersonville.
ArcelorMittal Taps SMS group for New Ladle Furnace
25 September 2017 - SMS group has won an order from ArcelorMittal Temirtau in Kazakhstan for a new 290-ton ladle furnace, the equipment supplier has announced.
Explosion at Gerdau Mill Injures Four
21 September 2017 - Gerdau has halted operations at its Wilton, Iowa, USA, mini-mill following a Wednesday night explosion that injured four people.
JSW Steel Awards Converter Shop Contract
21 September 2017 - SMS group has won an order to outfit a new converter shop at JSW Steel’s Dolvi facility in India, the equipment manufacturer has announced.
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