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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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Chinese Mill Upgrades Caster Automation, Plant Controls

31 March 2020 - China’s Baoshan Iron & Steel Co Ltd. has commissioned a new integrated control center (ICC) to run a casting plant at its Shanghai steel works. 

AK Steel Banks Michigan Blast Furnace

31 March 2020 - With the COVID-19 pandemic having brought North American auto production to a halt, AK Steel is temporarily idling its Dearborn Works in Michigan, reports Fastmarkets AMM.  

An Aging Population, Other Market Challenges Force JFE Steel to Resize 

30 March 2020 - JFE Steel will permanently close a blast furnace in southeastern Japan as part of a plan to consolidate operations and refocus on key products, the company has announced.

SSAB Begins Layoff Negotiations

30 March 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.  

ArcelorMittal Brazil to Idle Blast Furnace 

30 March 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts. 

U. S. Steel Takes Two BFs Out of Service, Postpones Capital Projects

27 March 2020 - In response to the COVID-19 pandemic and the sudden deterioration in the oil and gas markets, United States Steel Corporation is idling two blast furnaces and delaying a number of capital projects.

Indian Steel Producers Set COVID-19 Curtailments

26 March 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown. 

thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments 

25 March 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced. 

voestalpine Idles Blast Furnace; Closes Global Sites

25 March 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.  

Primetals Technologies Announces Start of New Pickling Line

25 March 2020 - China’s Shougang Jingtang United Iron & Steel Co. Ltd. has started up a new continuous pickling line built by Primetals Technologies. 

Paul Wurth: Reline Complete at Dillinger Hüttenwerke BF

25 March 2020 - Paul Wurth recently finished a modernization of the slag granulation plant at AG der Dillinger Hüttenwerke (Dillinger).

U. S. Steel Idles Ohio, Texas Tube Mills

24 March 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper. 

ArcelorMittal, Gerdau Idling Some North American Assets 

24 March 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.  

thyssenkrupp Appoints Permanent Chief Executive 

23 March 2020 - thyssenkrupp interim chief executive Martina Merz has been given the job on a permanent basis, the steelmaker has announced.  In a statement, thyssenkrupp said Merz will begin a three-year contract on 1 April. 

U. S. Steel Issues Q1 Earnings Guidance

20 March 2020 - United States Steel Corporation expects to record a first-quarter loss due in part to difficulties in the tubular market and the European sheet market, both of which are occurring against the backdrop of a global pandemic, the company said on Friday.   

Nucor, SDI Off to Solid 2020 Start, But Coronavirus Consequences Loom

19 March 2020 - Impacts from the coronavirus have so far been minimal, but Nucor and Steel Dynamics said Thursday that they each expect to see fallout further down the road.  

Union Employees at Cleveland-Cliffs Mill OK New Labor Deal 

19 March 2020 - Union employees at Cleveland-Cliffs Inc.’s Middletown Works in Ohio have ratified a three-year labor agreement, the company said Thursday. 

Fives Gets the Nod for Reheat Furnace Improvement 

19 March 2020 - JSW Steel has contracted Fives to upgrade the reheat furnaces at its Vijayanagar Works in India, the equipment supplier has said.  

Coronavirus Prompts ArcelorMittal to Reduce European Production

19 March 2020 - ArcelorMittal is reducing production in Europe due to impacts from the coronavirus, the company said Thursday. 

Indonesian Mill Signs Off on Skinpass Mill Improvement

18 March 2020 - An Indonesian steelmaker has signed the final acceptance certificate for an overhaul of its hot skinpass mill, according to contractor Danieli Automation. 

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