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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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Tata Board OKs US$3.7 Billion Expansion Project

26 December 2017 - Tata Steel Ltd.’s board of directors has approved a project that will more than double the capacity at the company’s new Kalinganagar works in the state of Odisha.

thyssenkrupp, Union Reach Deal on Steel Joint Venture

26 December 2017 - Germany’s thyssenkrupp AG has come to terms on a labor agreement with its union workforce, a critical step toward finalizing the joint venture combination of its steelmaking business with Tata Steel Ltd.'s European operations.

British Steel CEO Steps Aside

26 December 2017 - Less than a year into his tenure, the chief executive of the new British Steel has stepped down, reports the (London) Financial Times.

Steelmaker Closes on Deal for Shuttered Wire Rod Plant

21 December 2017 - British steelmaker Liberty House Group has completed its acquisition of a closed wire rod plant in South Carolina and plans to restart production this spring. 

JSW Steel Puts Casters, Strip Mill on Order

21 December 2017 - India’s JSW Steel Ltd. has ordered a new hot strip mill and two continuous slab casters for its Dolvi plant in Maharashtra as a part of a project that will double the integrated plant’s capacity to 10 million metric tons annually. 

Tenova Contracted For TimkenSteel Furnace Control Improvements

21 December 2017 - Tenova has won an order to upgrade the electric arc furnace at TimkenSteel Corp.’s Faircrest plant, the company has announced. 

Allegheny Technologies Bags Big Order for Pipeline Repair

08 December 2017 - Stainless and specialty alloy producer Allegheny Technologies Inc. has landed a US$30 million order related to a pipeline repair project, the company has announced. 

Sandvik Strikes Deal to Sell Tooling Components Manufacturer

08 December 2017 - U.S.-based private equity firm KKR has reached an agreement to acquire Sandvik Hyperion, a manufacturer of industrial tooling components, for about US$472.3 million. 

SMS group Lands Supporting Order for Galvanizing Line Project

05 December 2017 - SMS group has received a supplementary order for a production planning system to serve the US$176 million pickling and galvanizing line it is building for Nucor Corp.’s Gallatin sheet mill in Kentucky.

Indian Steelmaker Lights New Blast Furnace

05 December 2017 - India’s Bhushan Power & Steel Ltd. has tapped the first batch of hot metal from the new No. 2 blast furnace at its Rengali facility in Odisha, according to the furnace builder.

Third Time's a Charm: Steelworkers Ratify Labor Agreement with TimkenSteel

05 December 2017 - Members of the United Steelworkers union have overwhelmingly ratified a four-year labor agreement with TimkenSteel Corp., the company has announced.

Mittal: Steel May See Better Times Over the Next Several Years

01 December 2017 - The steel industry recovery might be a “multiyear phenomena,” ArcelorMittal chief financial officer Aditya Mittal tells Bloomberg news service. 

GFG Alliance Looks to Significantly Increase U.K. Steel Output

28 November 2017 - A family-owned group of companies has announced its intent to add 5 million metric tons of steelmaking capacity in the United Kingdom. 

Commercial Metals CEO Named Board Chairwoman

28 November 2017 - Commercial Metals Company president and chief executive Barbara Smith has been named board chairwoman, the company said on Monday. 

SSAB Converts Mill Furnace to LNG

28 November 2017 - SSAB will begin burning liquefied natural gas (LNG) instead of liquefied petroleum gas (LPG) in the walking beam furnace at its Raahe strip mill, the company said. 

TimkenSteel, Union Again Reach Tentative Contract

27 November 2017 - TimkenSteel Corp. and union negotiators representing employees at its Canton, Ohio, USA, facilities have reached a third — and reportedly final — tentative labor agreement. 

PCI Units at Russian Blast Furnace Meet Performance Expectations

22 November 2017 - New pulverized coal injection plants added to the Nos. 6 and 7 blast furnaces at NLMK Group’s Lipetsk plant in Russia have passed performance guarantee tests, the equipment supplier on the project has announced. 

One Person Killed in Coke Plant Explosion

22 November 2017 - ArcelorMittal is investigating the cause of a coke plant explosion that killed one person and injured two others on Monday. 

SSAB Introduces Water-Quenchable Steel Grade

22 November 2017 - Sweden’s SSAB has begun selling a new type of steel than can be quenched in water, but doesn’t need to be immediately tempered, it has announced. 

Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill

21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.

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