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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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Labor Union to Meet With Tata Steel Leaders Over Layoff Reports

11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.

U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors

11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.

POSCO Highlights New Steels at Auto Show

11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.

Update: Job Cuts Might Be on the Way at U.S. Steel's Ohio Tube Plant

08 January 2016 - United States Steel Corporation is planning to cut production and lay off approximately 260 employees at its Lorain, Ohio, tubular operation, according to The (Elyria, Ohio) Chronicle-Telegram newspaper.

Nucor Postpones Decision on US$3.4B Louisiana Steel Works

08 January 2016 - The future of Nucor Corp.’s proposed US$3.4-billion Louisiana steel works is in question after the company left US$130 million in state economic incentives sitting on the table, reports The (New Orleans) Times-Picayune newspaper.

Republic Steel to Mothball Ohio Rolling Mill

07 January 2016 - Special bar quality manufacturer Republic Steel has announced that it will idle its Lorain, Ohio, USA, rolling mill by March and lay off approximately 200 workers, according to media reports.

U. S. Steel's Day in Court Coming on USSC Debt Claims

07 January 2016 - Attorneys for United States Steel Corporation are due in a Canadian court next week, where they will argue that $2.2 billion in debt claims on the company’s Canadian operation are valid – over the objections of a labor union, active and retired salaried employees, and local and provincial governments, according The Hamilton (Ontario) Spectator newspaper.

Nucor to Restart DRI Plant

06 January 2016 - U.S.-based Nucor Corp. intends to resume production at its Louisiana direct reduced iron (DRI) plant by the end of January, the company has announced.

Electrical Upgrades Underway at Gerdau Bar Mill

04 January 2016 - Italy’s Automazioni Industriali Capitanio (AIC) is installing a new rolling mill control system at Gerdau's Jackson, Tenn., USA bar plant, the company has announced.

SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year

04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.

Steelworkers, Allegheny Technologies Return to Bargaining Table

04 January 2016 - U.S.-based Allegheny Technologies Inc. (ATI) and the United Steelworkers union have resumed labor talks and are scheduled to meet this week, reports the Pittsburgh Tribune-Review newspaper.

AIC Upgrading Roughing Stands at German Rolling Mill

30 December 2015 - A German rolling mill will emerge from a holiday outage sporting new drives on four of its roughing stands, according to the vendor on the project.

Uttam Galva, POSCO Ink Technology-Sharing Agreement for Indian Joint Venture

29 December 2015 - India’s Uttam Galva Group has signed an agreement to incorporate POSCO’s steelmaking technology in their proposed joint venture plant in Maharashtra, reports The Hindu BusinessLine newspaper.

Minnesota Governor Gives Taconite Producer Final Offer to Repay Loan

29 December 2015 - Essar Steel Minnesota is reviewing a newly proposed timetable for repaying a US$66 million public loan on a project that hasn’t panned out the way officials had hoped.

Tube City Testing Out New Process at Ohio Mill

28 December 2015 - AK Steel Corp. and mill services provider Tube City IMS are collaborating on what’s described as an improved steel recovery process, reports the Dayton Business Journal newspaper.

Keystone Consolidated Industries Expands Reinforcing Wire Mesh Capacity

28 December 2015 - U.S.-based Keystone Consolidated Industries Inc. is adding welded wire reinforcement (WWR) mesh production to its Sherman, Texas, facility, the company has announced.

U.S. Commerce Department Proposes Big Dumping Margin on Chinese-Made Corrosion-Resistant Steel

23 December 2015 - The U.S. Department of Commerce has made a preliminary determination that steel producers in China, India, Italy and South Korea have dumped corrosion-resistant steel in the U.S.

Baosteel Pulls the Plug on Multi-Billion-Dollar Iron Ore Project

23 December 2015 - China’s Baosteel and its partners are mothballing a proposed US$5.4 billion iron ore project in Australia on account of market conditions, reports BloombergBusiness news service.

U.S. Steel Hits the Pause Button on Its New EAF

22 December 2015 - United States Steel Corporation is halting work on its new electric arc furnace (EAF), saying that the steel and energy markets are simply too weak to support the project.

Tata Steel Negotiating Sale of European Long Products Business

22 December 2015 - Tata Steel is in talks with investment firm Greybull Capital to sell its European long products business, the company has announced.

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