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Latest News

Stelco Seeks Court Approval for Sale

08 May 2017 - Canada’s Stelco could emerge from creditor protection and officially come under new ownership next month, reports The Hamilton Spectator newspaper.

U.S. Trade Commission Affirms Tariffs on Cut-to-Length Plate

07 May 2017 - U.S. steel producers indeed have been harmed by imported cut-to-length plate from eight countries, the U.S. International Trade Commission (ITC) has affirmed.

Indian Steelmaker Begins Offering Slag Sand

07 May 2017 - India’s Essar Steel has developed a slag-derived sand that could help satisfy demand for fine aggregates in construction, reports The Press Trust of India (PTI) news agency.

ArcelorMittal Receives One Tall Order for Steel

04 May 2017 - ArcelorMittal USA is providing the steel plate going into a 58-story New York skyscraper, the steelmaker said on Thursday. 

Saudi Steelmaker Upgrades Bar Mill Drives

04 May 2017 - Danieli Automation has won a contract to upgrade a portion of the No. 3 bar mill at SABIC’s Saudi Iron & Steel Co., the equipment manufacturer has announced. 

Zoning Change Could Ruin Sale of Closed Mill, Says ArcelorMittal

01 May 2017 - A local zoning dispute has the potential to derail ArcelorMittal's plans to sell its shuttered wire rod mill in Georgetown, South Carolina, reports The Post and Courier newspaper. 

Cliffs Natural Resources Sounds the NYSE's Closing Bell

01 May 2017 - In recognition of their company's 170th anniversary, Cliffs Natural Resources chairman and chief executive Lourenco Goncalves and the executive management team rang the NYSE's closing bell on Monday. 

Investment Firm Acquires Majority Stake in Steel Fabricator

01 May 2017 - New York-based investment firm Alleghany Capital Corp. has acquired a majority interest in W&W|AFCO Steel, one of the largest structural steel fabrication and erection companies in North America, the companies announced on Monday. 

DRI Plant Still in the Works for Cliffs

28 April 2017 - Iron ore miner Cliffs Natural Resources said it remains committed to building a direct-reduction plant and intends to make preliminary investments in the project in 2018, chief executive Lourenco Goncalves said Thursday. 

Vallourec Names Chief Digital Officer

28 April 2017 - French tubemaker Vallourec has appointed Barthélémy Longueville as its chief digital officer, the company has announced. 

AK Steel Introduces Its Latest Advanced Steels to Automakers

28 April 2017 - AK Steel Corp. has delivered the first samples of its NEXMET 1000 and 1200 advanced high-strength steels to automotive customers, the company’s chief executive said. 

Lincoln Electric Signs Deal to Acquire European Counterpart

27 April 2017 - Welding equipment and consumables manufacturer Lincoln Electric Holdings Inc. is acquiring Air Liquide’s welding equipment subsidiary for about US$125 million, the company announced on Thursday.

New Ownership Taking Over Unfinished Minnesota Taconite Project

27 April 2017 - A Virginia billionaire and partners who include the United Kingdom’s Liberty House Group submitted the winning bid for the former Essar Steel Minnesota on Wednesday, offering to buy the half-finished taconite mine and pellet plant for US$550 million, reports the Minneapolis Star Tribune.

U. S. Steel to Restart Idled Tube Mill

26 April 2017 - United States Steel Corp. said it is restarting an idled electric-weld tube line in Texas and has reconsidered the closing of a pipe processing line in Ohio.

Koch Knight Acquiring DURO Line of Chemical-Resistant Bricks

26 April 2017 - Refractories maker Fuzion Technologies Inc. is selling its DURO product line to Koch Knight LLC for an undisclosed amount, according to an announcement. 

New Contract Expands Harsco's Middle Eastern Mill Portfolio

25 April 2017 - Mill contractor Harsco Corp. has landed a US$60 million agreement to provide services to a new rebar and wire rod plant in Egypt, the company announced Tuesday.

U.K. Steelmaker to Acquire American Rod Mill

21 April 2017 - Liberty House Group, a commodities trader and steelmaker that has cobbled together a portfolio of U.K. production facilities, has a deal to acquire a shuttered mill in the United States.  

Stelco Sale Wins Support of Salaried Employees

20 April 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.

Tenova Wins Order for Reheat Furnace

20 April 2017 - NLMK has awarded a contract to Tenova for a new walking beam furnace at its Lipetsk, Russia, mill.

U.S. Trade Officials Initiate Wire Rod Investigation

19 April 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries. 

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