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Latest News

New Cooling Stack On Order for Pilot Process Plant

24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.

Iron Ore Producers Should Focus on the Long Term With China's Steel Mills, Says CISA

20 May 2016 - China Iron & Steel Association Secretary General Liu Zhenjiang said iron ore miners should seek longer-term, mutually beneficial supply deals with Chinese steel mills, instead to trying to turn a profit on short-term price increases, according to Platts.

Measurements Lab Completes Refurbishment of Deadweight Machine

20 May 2016 - Technicians have completed a 16-month project to refurbish the world’s largest deadweight machine, according to the U.S.-based National Institute of Standards and Technology.

Commerce Department Slaps Chinese Cold Rolled Steel With Duties of More than 500 Percent

18 May 2016 - The U.S. Department of Commerce is imposing duties of more than 500 percent on Chinese-made cold rolled steel, an action likely to ratchet up trade tensions between the countries.

Columbus Castings Files for Chapter 11 Bankruptcy

18 May 2016 - America’s largest single-site foundry and its parent company have filed for bankruptcy protection and the plant is to be sold to an unidentified buyer, according to Dow Jones Daily Bankruptcy Review.

Steel Industry Urged to Embrace Innovation, and Quickly

17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.

Rainfall Hampers Start of Work on New Mill

17 May 2016 - Construction on Commercial Metals Company’s new micro-mill in Oklahoma is off to a soggy start.

UAE Investment Firm Plans New Rebar Mill

17 May 2016 - An investment firm that is partly owned by the United Arab Emirates has signed an agreement to build a 300,000 metric ton rebar plant, reports The National newspaper.

Professor: Low Prices Leaves Less for Steel Research

16 May 2016 - New research tools are allowing metallurgists to gain an even better understanding of steel’s molecular structures, opening windows of insight into existing products and opening doors that could lead to improved processes.

Terex Cancels Merger With Konecranes, But Strikes a Different Deal

16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.

AIST's Annual Trade Show to See One of Its Best Turnouts

15 May 2016 - More than 7,500 people are expected to attend the Association for Iron & Steel Technology’s annual conference and exposition, AISTech, which informally opened Sunday in Pittsburgh, Pa.

(UPDATE) Nucor to Open New Joist, Decking Facility in Canada

15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.

Automaker, Supplier Honored for AHSS-Based Rear Frame That Sheds Weight, But Not Safety

11 May 2016 - The Steel Market Development Institute has recognized Honda’s North American research and development unit and automotive parts manufacturer Gestamp for their work on a project incorporating advanced, high-strength steel into hot-stamped rear frames for the Honda Civic.

Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business

11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.

ArcelorMittal Gives Electrical Simulator Access to its Electrical Steel Data

10 May 2016 - ArcelorMittal has agreed to share material data about its electrical steels with a simulation software designer, the steelmaker announced on Tuesday.

Explosion Causes US$5 Million in Damage to Ohio Mill

10 May 2016 - North Star BlueScope Steel is continuing to produce steel following a weekend explosion and fire at its Ohio, USA, sheet mill.

Steel Companies Look to Buy Italian Steel Works

09 May 2016 - Italian steel processor Marcegaglia Group and ArcelorMittal have made an offer for the Ilva mill, Italy’s largest steel works, reports the Reuters new agency.

New Alliance Brings Together Four European Manufacturers

09 May 2016 - Four European mill suppliers, two in Germany and two in Italy, have formed a strategic alliance to offer tailored services to steelmakers.

Two Teams Vying for Tata Steel's U.K. Business

09 May 2016 - The deadline to submit preliminary offers for Tata Steel's U.K. division has passed, and details of the two investment teams looking to buy the operation have emerged.

Jindal Steel Plans to Pay Down Debt Through Mill, Mine Sales

04 May 2016 - India’s Jindal Steel and Power is hoping to sell more steel and coal assets as a way to cut its US$6.91 billion in debt, according to the Reuters news service.

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