Steel News

Steel is Better, Stronger ... And Automakers Notice

16 October 2017 - If you’re wanting real-world examples of the inroads advanced steels have made with automakers, look no further than the Audi A8 sedan, which had used an all-aluminum body but now has returned to using steel.

Czech Mill Plans Caster Mold Improvements

16 October 2017 - ArcelorMittal’s unit in the Czech Republic, ArcelorMittal Ostrava, is upgrading a round bloom caster with a mold that uses fiber optics to read temperatures instead of thermocouples.

Italian Mill Orders Remotely Operated Taphole Equipment

13 October 2017 - Italy’s Acciaierie Bertoli Safau has ordered an equipment package that will eliminate the need to man the eccentric bottom taphole sump panel.

Heat Treat Equipment Maker Wins Orders for Annealing Facility Expansions

13 October 2017 - voestalpine is expanding its new bell annealing facility in Linz, Austria, adding four high-temperature workbases, according to the equipment supplier, Ebner Industrieofenbau.

Primetals Completes Overhaul of Rebar Mill

11 October 2017 - Russian long products manufacturer Abinsk Electric Steel has completed an overhaul of its meltshop and billet caster, according to the equipment supplier on the project.

SMS group to Install New Cold Mill at Pakistani Plant

11 October 2017 - SMS group has won an order for a Compact Cold Mill (CCM) from Pakistan’s Aisha Steel Mills Ltd., the equipment supplier has announced.

Gerdau Sells Chilean Long Steel Business

06 October 2017 - Gerdau SA is divesting its Chilean assets for US$154 million, the company has announced.

EU Sets Tariffs on Hot-Rolled Coil From Four Countries

06 October 2017 - The European Union has imposed tariffs ranging from EUR17.6 to EUR96.5 per ton on hot-rolled flat steel from Brazil, Iran, Russia and Ukraine.

Rio Tinto and the Cargo Train that Could ... Drive Itself

04 October 2017 - Iron ore miner Rio Tinto said it has executed Australia’s first-ever fully autonomous, heavy-haul train trip, with a driverless train successfully making a 100 km pilot run between Wombat Junction and Paraburdoo in Western Australia.

U.S. Graphite Electrode Plants Sold to Japanese Manufacturer

04 October 2017 - Graphite electrode manufacturer Tokai Carbon Co. Ltd. has acquired SGL Carbon’s U.S. graphite electrode business for about US$114.4 million, giving the Japanese manufacturer a production presence in North America.

Minnesota Governor Puts Support Behind Firm's Effort to Revive Stalled Iron Ore Project

04 October 2017 - Minnesota Gov. Mark Dayton has given his blessing to a firm looking to rescue the stalled Essar Steel Minnesota iron ore mine and taconite plant, reports the (Minneapolis, Minn.) Star Tribune.

Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable

04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.

Stelco Hopes to Enable Auto Steel Sales Through IPO

03 October 2017 - Three months removed from creditor protection, Canadian steelmaker Stelco is considering an initial public offering to help it pay for improvements to its facilities.

Reliance Steel & Aluminum Expands Perforation Business Through Acquisition

03 October 2017 - Reliance Steel & Aluminum Co. has acquired Rhode Island-based Ferguson Perforating Co., a processor that specializes in producing highly engineered and complex perforated metals.

Fives Marks Installation of Annealing, Galvanizing Furnaces

03 October 2017 - French engineering firm and equipment maker Fives has fulfilled an order for two continuous annealing line furnaces and a continuous galvanizing line furnace for a new integrated plant in China.

Ternium to Build New Plants in Mexico, Colombia

02 October 2017 - Latin American steelmaker Ternium is investing more than US$1 billion in a new hot rolling mill in Mexico and a new rebar mill in Colombia, each of which are intended to displace imports into the countries.

Nippon Steel President Doesn't Discard Possibility of New Asian Integrated Plant

02 October 2017 - Although Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo has said the company would stay away from building new integrated plants, it isn’t ruling out the possibility.

Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works

02 October 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service.

Report: Stelco Hopes to Raise CA$150 Million Through IPO

29 September 2017 - Three months after emerging from creditor protection, the new owner of Canada’s Stelco will look to take the company public.

ArcelorMittal Allocates US$1B for Improvements to Mexican Operations

29 September 2017 - ArcelorMittal said it plans to invest US$1 billion over the next three years to expand and modernize its Mexican operations.