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Baosteel Starts Up Continuous Galvanizing Line

28 July 2016 - A new continuous galvanizing line at China’s Baosteel Zhanjiang Iron & Steel Co. Ltd. has processed its first coil.

U. S. Steel Records Another Loss, But Sees Better Results Ahead

27 July 2016 - United States Steel Corp. lost US$46 million in the second quarter due in part to losses in its tubular division, but the steelmaker said it expects conditions to continue to improve for its other businesses during the second half of the year.

ArcelorMittal Names New North American Chief Executive

27 July 2016 - ArcelorMittal veteran Robrecht Himpe has been named chief executive of ArcelorMittal North America, the steelmaker has announced.

Mitt Romney's Former Investment Firm Wants to Buy a Steel Mill

27 July 2016 - Bain Capital, the investment firm that was founded by former Republican presidential nominee Mitt Romney, is part of a consortium of lenders looking to acquire Canada’s Essar Steel Algoma, reports the online SooToday.com

Houghton Acquires Metalworking Fluids Maker

27 July 2016 - U.S.-based metalworking fluids maker Wallover Enterprises Inc. has been sold to a Gulf Oil International subsidiary for an undisclosed amount.

Commerce Department Clears the Way for Anti-Dumping Duties on Cold Rolled Steel

22 July 2016 - The U.S. Commerce Department has set final anti-dumping margins of between 1 percent and 35.4 percent on cold rolled steel from five countries – Brazil, Korea, Russia, India and the United Kingdom.

ArcelorMittal Awards Contract for Coke Oven Rebuild

22 July 2016 - Engineering firm Paul Wurth has been tapped to rebuild the coking plant at ArcelorMittal’s integrated Gijon works in Spain, the company has announced.

Auto Parts Maker Orders 25-MN Forging Press

22 July 2016 - SMS group said it has won an order for a closed-die forging press from Turkey’s PARSAN Makina Parçaları Sanayii A.Ş., a key forged-parts supplier to the European automotive industry.

Tenova Signs Preliminary Agreement to Build South American DRI Plant

22 July 2016 - A Peruvian company developing an iron ore mine in the southern Andes has struck a preliminary agreement with Tenova for two ore-processing plants, Tenova has announced.

Nucor Executives See Much Potential in Texas Plate Mill Acquisition

21 July 2016 - Nucor executives are upbeat about the company’s US$29 million investment in a Texas plate mill, saying it is a well-run, well-equipped facility that will give Nucor access to new value-added niche markets.

U. S. Steel Revises Injury Reporting Policy

21 July 2016 - United States Steel Corp. is changing its injury-reporting policy to allow workers to give notification after they’ve realized an injury has occurred, the United Steelworkers union has announced.

Nucor's Profits Rise in Second Quarter

21 July 2016 - Nucor Corp.’s second-quarter profit rose to US$233.8 million on and improving supply-side conditions, the company reported Thursday.

Nucor Expands Plate-Making Capabilities Through Acquisition

20 July 2016 - Nucor Corp. is acquiring a plate mill from a mining equipment manufacturer for about US$29 million, the steelmaker announced on Thursday.

British Steel Names Industry Veteran as Top Executive

20 July 2016 - Roland Junck, who once oversaw ArcelorMittal, has been named executive chairman of the new British Steel, the U.K. steelmaker announced on Thursday.

New Owner of Cold-Finish Equipment Manufacturer Looks to Streamline Production

20 July 2016 - Pennsylvania-based Big B Manufacturing has acquired cold-finished machine maker Hetran Inc. out of bankruptcy for US$765,000, according to reports.

There's More to Be Done on Meeting Fuel-Efficicency Standards, and Steel Still Has a Role to Play, Government Report Says

20 July 2016 - A new government report estimates that the U.S. vehicle fleet will average between 50 and 52.6 mpg in model year 2025, short of the goal laid out by the Obama administration in 2012. Nevertheless, automakers have made strides in improving fuel efficiency and can do even better.

SDI Looks for New Paint Line to Start in Early 2017; Wins Quality Certification for Premium Rail

19 July 2016 - Construction of a new paint line at Steel Dynamics Inc.’s Columbus, Miss., plant is on budget and on schedule, chief executive Mark Millet said on Tuesday.

Big Data Yields Bigger Savings for Russia's MMK

19 July 2016 - A data science firm said it has helped Russia’s Magnitogorsk Iron and Steel Works (MMK) save more than 3 million annually in steelmaking costs by applying predictive analytics to years of production data.

U.S. Commerce Department Affirms Structural Tubing Duties

19 July 2016 - The U.S. Commerce Department has signed off on anti-dumping duties on carbon structural tubing from three countries.

Report: Overseas Bidder Looking at U.S. Steel Canada, Essar Algoma

18 July 2016 - A metals trading firm that seems to have lost out on its bid to acquire all of Tata Steel’s U.K. business is turning its attention to overseas targets, reports The (London) Financial Times.

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