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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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Report: Consortium Bids EUR1.6 Billion for Europe's Largest Steel Works

17 March 2017 - ArcelorMittal and partner Marcegaglia are offering 1.6 billion euros for Italy's Ilva steel works, outbidding a rival consortium, reports the Reuters news service. 

ArcelorMittal Subsidiary Plans Upgrades to French Plate Mill

17 March 2017 - Danieli has won a contract to upgrade the plate mill at Industeel France’s Le Creusot plant.  

Investment Firm Acquires Two Heat Treatment Businesses, Looks to Expand Operations

16 March 2017 - Long products producer Gerdau SA has agreed to sell two U.S. metal processing businesses for an undisclosed amount.

MMK Eyes Improvements to Slab Caster, Plate Mill

16 March 2017 - SMS group has won a contract to upgrade a continuous slab caster and the heavy plate mill at Russia’s Magnitogorsk Iron & Steel Works. 

Idled U. S. Steel Quench-and-Temper Mill to be Permanently Shut

15 March 2017 - United States Steel Corp. will permanently close an idled quench-and-temper mill at its Lorain, Ohio, tubular plant, according to reports. 

AK Steel, United Steelworkers Agree to Four-Year Labor Pact

15 March 2017 - The United Steelworkers union at AK Steel Corp.’s Mansfield Works in Ohio have ratified a four-year labor deal, the company has announced. 

Ontario Court Receives Stelco Restructuring Plan

14 March 2017 - Stelco Inc. has submitted a reorganization plan that, if successful, would keep the business intact and preserve more than 2,100 jobs, it has announced.

ArcelorMittal Upgrades Long Products Mill in Southeastern Europe

13 March 2017 - ArcelorMittal Zenica, the steelmaker’s long products facility in Bosnia and Herzegovina, has inaugurated two projects designed to reduce its environmental footprint and a third that will allow it to begin producing coiled rebar.

Tata Steel Freezes U.K. Pension Plan

10 March 2017 - Tata Steel U.K. will freeze its pension plan at the end of March, a decision that helps to clear the way for a potential merger of its European strip business. 

The Future is Now: POSCO Puts AI to Work on Galvanizing Lines

10 March 2017 - South Korea’s POSCO said it has developed an automated coating weight control system and has begun to incorporate the technology into its production of automotive steels. 

Italian Government Receives Two Offers for Europe's Largest Steel Works

08 March 2017 - Two consortiums have submitted binding offers for Italy’s ailing Ilva steel group and its Taranto steel works, Europe’s largest steel plant., according to reports

German Rod and Bar Mill Upgrades Capabilities

08 March 2017 - Danieli has completed the first phase of a modernization project at the Elbe-Stahlwerke Feralpi rod and bar mill in Riesa, Germany, the mill builder has announced. 

Nucor Adds to Steel Fabrication Business in Canada

02 March 2017 - Nucor Corp. has acquired the assets of Omega Joist, a Canadian manufacturer of open-web steel joists, for an undisclosed amount. 

Open for Business: Executives Cut the Ribbon on America's Newest Steel Mill

01 March 2017 - To measure the significance of Big River Steel’s newly opened mill in Arkansas, you could weigh its current annual capacity, about 1.65 million tons. Or, you could count the money that has been invested in the facility, about US$1.3 billion.  

Swedish Government Allocates Funding to Carbon-Free Steelmaking Research

27 February 2017 - The Swedish Energy Agency has agreed to contribute an additional SEK56 million toward a four-year research initiative that will explore hydrogen’s potential as a carbon-free steelmaking input. 

ArcelorMittal May Make Power, Not Steel, at New Site

27 February 2017 - ArcelorMittal is thinking about scrapping plans for a 6 million metric ton steel plant and building a 600 MW solar farm, reports The (India) Economic Times. 

New Rotary Discharge Machine Put Into Service at Australian Steelworks

24 February 2017 - AUMUND Fördertechnik GmbH has built and installed a new rotary discharge machine serving the coke handling system at BlueScope Steel Ltd.’s Port Kembla Works in New South Wales, Australia.

Two Steelmakers Merge Brazilian Long Products Operations

24 February 2017 - ArcelorMittal Brazil is acquiring Latin American producer Votorantim SA’s Brazilian long steel business, according to announcements from the companies. 

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. 

Nucor-Yamato Steel Upgrade Incorporates Voith Driveline Products

22 February 2017 - Nucor-Yamato Steel Co. has chosen two Voith driveline products as part of recent upgrades to its No. 2 rolling mill, Voith tells AIST’s Steel News.  

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