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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Tata Steel Caster Set for Upgrade
24 June 2019 - Tata Steel Ltd. has signed SMS group to upgrade the continuous caster at its Compact Strip Production mill in Jamshedpur, India, the equipment supplier has said.
ArcelorMittal Progresses on New Steel CSR Certification
24 June 2019 - ArcelorMittal said Monday that it expects to launch its new corporate social responsibility certification by the end of the year.
Nucor Still Bullish on 2019
20 June 2019 - Although U.S. steelmakers might not be experiencing the degree of activity that came with the 2018 boom, the steel industry’s momentum nevertheless has carried forward, and 2019 should prove to be a solid year, said Nucor chairman and chief executive John Ferriola.
Millett: Recent Mill Investments Will Help Keep Industry Competitive
18 June 2019 - Steel Dynamics Inc. chief executive Mark Millett swatted down criticisms of the U.S. steel industry’s recent spate of capital investments, saying that revitalizing assets and implementing new technologies is critical to surviving in a global marketplace.
Jindal: Urbanization Will Generate Big Growth in Indian Steel Demand
18 June 2019 - India will need more than 300 million tons of steelmaking capacity to support a forecasted rise in steel demand over the decade, said JSW Steel chairman and managing director Sajjan Jindal.
In Electric Vehicles, There's A Case to Be Made For — And Out of — Steel
17 June 2019 - As the number of battery electric vehicles begins to increase, steel might have a new opportunity in one critical component: battery boxes, Steel Market Development Institute vice president Jody Hall said on Monday.
Nucor Forecasts Lighter Q2 Profits
17 June 2019 - Nucor Corp. expects its second-quarter earnings to fall approximately 42% as service centers draw down inventories, the company said on Monday.
Liberty Steel Acquires Pennsylvania Wire Maker
13 June 2019 - Pennsylvania-based Johnstown Wire Technologies (JWT) has been sold to Sanjeev Gupta's Liberty Steel USA for an undisclosed amount, the company has announced.
SDI Draws Near to Site Decision on New Sheet Mill
13 June 2019 - The Texas Comptroller’s office has ruled that Steel Dynamic Inc.’s proposed southwest flat-rolled mill qualifies for local tax breaks, a decision that potentially opens the door to an agreement on economic incentives for the mill – and possibly a final decision on its location.
Mittal: EU Must Take Further Measures in Wake of Steel Tariffs
13 June 2019 - ArcelorMittal chief executive Lakshmi Mittal says the European Union needs to further protect the domestic steel market from imports that are being deflected by U.S. President Donald Trump’s steel tariffs.
EU Says No to Tata, thyssenkrupp Deal
13 June 2019 - The European antitrust regulators have blocked thyssenkrupp and Tata Steel’s proposed European joint venture, officially ending a deal the companies decided to scrap last month.
SAIL to Replace Three Converters at Steel Works
06 June 2019 - The Steel Authority of India Ltd. has contracted SMS group for three new converters at its Durgapur works.
Citing Softening Demand, ArcelorMittal Furloughs Italian Workers
06 June 2019 - ArcelorMittal Italia is temporarily laying off approximately 1,400 workers amid weakening demand and heightened competition from imported steel, the company has announced.
Big River Steel Has Finalized Financing for Its Mill Expansion. Here’s How Much.
04 June 2019 - Big River Steel has lined up US$777 million in financing for the planned expansion of its flat-rolled mill in Osceola, Ark., USA, the company has said.
Danieli Receives Additional Order Tied to Sheet Mill Overhaul
04 June 2019 - Nucor Corp. has contracted Danieli to build a new emissions control system for its Gallatin sheet mill, a follow-on order arising from the steelmaker’s overhaul of the Kentucky facility.
ATI Divests Indiana, Kentucky Forges
04 June 2019 - Allegheny Technologies Inc. has sold two closed-die forging facilities to a Chicago private equity firm for US$37 million in cash, the company said.
UAW OKs Labor Agreement With AK Steel
04 June 2019 - Union workers at AK Steel Corp.’s Zanesville, Ohio, mill have ratified a three-year labor agreement with the company.
SMS group Gets the Nod for Reheat Furnace Build
30 May 2019 - SMS group has landed an order to build a new reheat furnace for the NLMK DanSteel A/S plate mill in Denmark.
ArcelorMittal Announces New Production Cuts
29 May 2019 - The world’s largest steelmaker on Wednesday announced new production curtailments in Europe, citing weak demand and competition from imports.
Early Interest in British Steel Buoys Hopes
28 May 2019 - Potential buyers are kicking the tires on British Steel, giving some hope that the U.K. long products maker might be saved.
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