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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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German Official Tells thyssenkrupp to Consider Alternatives to Tata Steel Combination

25 August 2017 - Sigmar Gabriel, Germany’s Minister for Foreign Affairs, thinks thyssenkrupp ought to abandon plans to merge its steel division with Tata Steel’s European steel operations.

Big River Closes on US$1 Billion in Financing

24 August 2017 - Arkansas-based Big River Steel LLC has obtained more than US$1.2 billion in new financing, the company said Thursday. 

Gerdau Appoints New CEO

24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.  

Report: Two International Steelmakers Eyeing India's Essar Steel

23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.

Danieli to Equip Vietnamese Rebar Mill

23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province. 

BlueScope Steel Names New Chief Executive

21 August 2017 - Australia’s BlueScope Steel Ltd. has a named a company veteran to succeed chief executive Paul O’Malley, who is set to retire at the end of the year. 

British Steel Opens International Sales Offices

18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand. 

Steel Manufacturers Association Recognizes Three for Safety Achievements

18 August 2017 - The Steel Manufacturers Association (SMA) has named two people and a steel facility as the recipients of the 2017 Don B. Daily Achievement in Safety award, the association's highest safety recognition. 

POSCO to Boost Hiring Over Next Four Years

17 August 2017 - South Korea’s top steelmaker said it will step up hiring to secure its workforce through the digital revolution, according to The Korea Times newspaper. 

Steel Dynamics Orders Danieli Spooler Line

17 August 2017 - Danieli has won a contract to install spooled bar equipment at Steel Dynamics Inc.’s Columbia City, Ind., USA, structural and rail mill. 

Report: Two Killed in Coke Oven Explosion

16 August 2017 - Two people were killed and 10 others were injured Tuesday in a coke oven explosion at a Gerdau SA plant in Brazil, according to the Reuters news service. 

ArcelorMittal JV Upgrades Automated Coil Transport System

16 August 2017 - ArcelorMittal is investing US$5 million to replace unmanned carts that move coils at its I/N Tek and I/N Kote joint-venture plants in Indiana, reports The Times newspaper of northwest Indiana. 

Tata Hires Danieli to Upgrade Galv Line

14 August 2017 - Danieli has won a contract to upgrade a hot-dipped galvanizing line at Tata Steel Europe’s IJmuiden plant in the Netherlands, the company has announced. 

RINL Gains Capacity Through Steel Shop Overhaul

14 August 2017 - India’s Rashtriya Ispat Nigam Ltd. (RINL) has completed a US$62.4 million overhaul of the No. 1 steel shop at its Visakhapatnam Steel Plant.

Nucor Grows Bar Processing Capabilities Through Acquisition

14 August 2017 - Nucor Corp. is acquiring approximately 200,000 tons of additional cold-finished bar capacity, the company has announced.

Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan

09 August 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.  

Report: Liberty House Nears Deal on U.S. Wire Rod Mill, But Uncertainty Remains

09 August 2017 - U.K.-based Liberty House Group is getting close to finalizing a deal to acquire a South Carolina wire rod mill, but zoning issues could wind up killing it, the company tells The (Charleston, S.C.) Post and Courier. 

Tata Chairman Says Corus Acquisition Made Sense at the Time

08 August 2017 - Tata Sons chairman Natarajan Chandrasekaran defended his company’s decade-old acquisition of former Anglo-Dutch steelmaker Corus, saying that the deal was a reasonable one to make at the time, hindsight notwithstanding.  

Plate Mill Restarts After Seven-Month Outage

08 August 2017 - Nippon Steel & Sumitomo Metal Corp. has restarted the plate mill at its Oita Works more than seven months after a fire burned up an electrical room, the company has announced. 

NLMK Hopes to Improve Iron Ore Production Through Predictive Analytics System

07 August 2017 - NLMK Group’s Stoilensky iron ore division is incorporating predictive analytics into its ore crushing and beneficiation operations in a bid to boost productivity. 

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