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Altra Industrial Finalizes Purchase of Clutches and Brakes Maker

06 January 2017 - U.S.-based Altra Industrial Motion Corp. has closed on its deal to acquire the Stromag unit of Britain’s GKN plc.  

ArcelorMittal Dofasco Orders New Power Plant Boiler

06 January 2017 - ArcelorMittal Dofasco has awarded to a contract to The Babcock & Wilcox Co. for a replacement boiler at its Hamilton, Ontario, mill.

Partnership Reaches New Milestone in Work on Third-Generation AHSS

06 January 2017 - A research team developing third-generation, advanced high-strength steels said it has taken a significant step forward, producing sample casts of two alloys whose properties almost meet government targets for strength and formability.

Tenova HYL Strikes Up Partnership with Mill Byproducts Recycler 

04 January 2017 - Tenova HYL and Diproinduca Canada Ltd. have formed an alliance that will further develop and commercialize technology designed to reuse iron ore fines in direct reduction plants.

U. S. Steel Announces Plans to Restart Idled Taconite Facility

03 January 2017 - United States Steel Corp. will restart its idled Keetac taconite mine and pellet plant in Minnesota after securing third-party orders for pellets, the company has announced.

NLMK to Install New Walking Beam Furnace at U.S. Mill

29 December 2016 - NLMK Group will invest an estimated US$80 million in a new reheat furnace for its U.S. sheet mill in Pennsylvania, the company has announced. 

Stainless Producer Contracts Fives for New Processing Line

28 December 2016 - The Fives industrial engineering firm has won a contract to install a new stainless processing line at China’s Chengde Stainless Steel Co.

Tata Steel Acquires Iron Ore Processor

27 December 2016 - Tata Steel has an agreement to acquire an iron ore pellet maker that will its new Kalinganagar works in the Indian state of Odisha. 

New BOF on Order for Chilean Steel Mill

27 December 2016 - Chile’s Compania Siderurgica Huachipato S.A. has ordered a new basic oxygen furnace (LD converter) for its Talcahuano facility from Primetals Technologies. 

Danieli Tapped for Pickling Line Upgrade

27 December 2016 - Danieli Service has won a contract to revamp the entry section of the pickling line at ArcelorMittal’s Fos-sur-Mer sheet mill in France, the company has announced. 

With Approvals in Hand, Konecranes Plans to Finalize Terex Deal in Early 2017

22 December 2016 - The European Commission has given the green light to a deal in which Finnish crane manufacturer Konecranes plc will sell its hoist and crane components business to an American company. The approval clears the way for Konecranes to finalize the sale of its port solutions and material handling business to U.S.-based Terex Corp. 

Texas Rebar Mill Sold to Japanese Steelmaker

22 December 2016 - Japan’s Kyoei Steel Ltd. has acquired a Texas rebar mill for approximately US$52 million, the company said on Thursday.

MMK Locks In Four-Year Supply of Iron Ore

22 December 2016 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) has signed a long-term iron ore supply agreement with the Eurasian Resources Group, contracting for more than 30 million metric tons over the next four years. 

Sweden's SSAB Contracts for Automation System Upgrade

22 December 2016 - SSAB Europe has awarded a contract to Primetals Technologies for a new automation system at its mill in Raahe, Finland. 

AK Steel Awarded Grant to Support Electrical Steel

21 December 2016 - AK Steel Corp. has been awarded a US$1.8 million federal grant to help it develop new grades of electrical steels, according to The Cincinnati (Ohio) Enquirer newspaper. 

SDI Starts Up New Paint Line at Mississippi Sheet Mill

21 December 2016 - Steel Dynamics Inc. has finished installing a new continuous paint line at its Mississippi sheet plant and coated its first coil there, according to the vendor on the project. 

SMS Completes First Round of Upgrades to Exhaust System at Swedish Mill

21 December 2016 - Swedish tool steel maker Uddeholm AB is modernizing the EAF offgas system at its Hagfors site and has completed the first phase of work, according to the vendor on the project.

U.S. Steel to Close Tube Lines at Ohio, Texas Plants

21 December 2016 - United States Steel Corp. is permanently closing one of the two seamless tube mills at its Lorain, Ohio, plant and a welded tube mill at its Lone Star, Texas, plant, reports The Times newspaper of northwest Indiana.

Nucor to Buy Republic Conduit, Pushing Recent Pipe and Tube Investments to Nearly US$1B

15 December 2016 - Nucor Corp. has signed an agreement to acquire Republic Conduit from Luxembourg-based Tenaris S.A. for US$335 million, the steelmaker said on Thursday.

Acquisition Expands Texas Service Center's Processing Capabilities

15 December 2016 - North Shore Steel, a steel service center in Houston, Texas, has acquired the operating assets of Houston Blow Pipe, a 100-year-old plate processor, the company has announced.

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