Technology
Latest News
Newly Acquired Long Products Business Names Three to Executive Team
04 May 2016 - Black Diamond Capital Management, the private equity firm that acquired much of ArcelorMittal’s U.S. long carbon business earlier this year, is assembling its new executive team and has appointed industry veteran Robert Simon to its helm.
Canadian Pipe Mill Undertakes Short-Term Layoffs
03 May 2016 - Evraz North America is laying off 90 employees at its 24-inch pipe mill in Regina, Canada, and may send home 49 others at its mill in Calgary, reports the Regina Leader-Post newspaper.
ArcelorMittal Plans Upgrades to Rail Mill
02 May 2016 - ArcelorMittal is modernizing its rail rolling mill in Spain in a bid to improve its flexibility and efficiency, the vendor on the project has announced.
Vallourec Completes Sale of Heat Exchanger Tube Business
02 May 2016 - French tubemaker Vallourec has closed on its divestment of its heat exchanger tube business, the company has announced.
Cliffs Natural Resources, Essar Steel Reach Settlement
29 April 2016 - Canada’s Essar Steel Algoma has settled its dispute with iron ore miner Cliffs Natural Resources over their pellet supply agreement, the steelmaker has announced
Commercial Metals Marks Start of Oklahoma Mill Construction
29 April 2016 - U.S.-based Commercial Metals Co. broke ground on its new micro-mill in Oklahoma on Friday, kicking off a project that will help the company expand into five states.
Stolen Data Helped Chinese Producer Quickly Commercialize Ultra High-Strength Steel, Alleges U. S. Steel
28 April 2016 - China broke into U. S. Steel's computer network and stole production research on its advanced steels, allowing at least one overseas producer to side-step years of work and quickly roll out ultra high-strength grades, U. S. Steel alleges in its Section 337 complaint before the U.S. International Trade Commission.
Metals Trader Completes Acquisition of Scottish Plate Mills
28 April 2016 - Metals trading firm Liberty House has closed on its acquisition of two Tata Steel plate mills in Scotland, the firm has announced.
Restructuring Costs, Production Disruptions Contribute to Allegheny Technologies' First-Quarter Loss
27 April 2016 - Specialty metals producer Allegheny Technologies Inc. posted a net loss of US$101.2 million due to the ongoing market downturn, restructuring costs and the disruption caused by its now-ended lockout of the United Steelworkers union.
Steel Manufacturers Association Announces Winners of Safety, Innovation Awards
27 April 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.
Losses Continue to Mount for United States Steel Corp.
26 April 2016 - United States Steel Corp. posted a first-quarter net loss of US$340 million on Tuesday and announced that it filed a Section 337 petition seeking to bar unfairly traded, Chinese-made steel products from entering the country.
Founder of EAF Supplier EMPCO Ltd. Dies at 85
26 April 2016 - Edgar R. Wunsche, an engineer who founded Ontario-based EMPCO Ltd. and an AIST Life Member, died Friday, 22 April 2016, at Toronto General Hospital in Canada. He was 85.
Quad Infotech Commissions New Manufacturing Software at Virginia Mill
25 April 2016 - Software engineering and design firm Quad Infotech Inc. has completed commissioning of its QMOS manufacturing execution system at Gerdau’s large section plant in Petersburg, Va., USA, the company has announced.
German Equipment Manufacturer Acquires Capco Machinery Systems
22 April 2016 - Germany’s Heinrich Georg GmbH is expanding its North American presence, acquiring roll grinder manufacturer Capco Machinery Systems for an undisclosed amount.
Electrode Maker Establishes Sales Office in Canada
22 April 2016 - Graphite electrode manufacturer SANGRAF International is opening a Canadian sales office and has hired an industry veteran to call on the electric arc furnace shops there, the company has announced.
Improvements in Flat Rolled Market Help Boost Steel Dynamics' Q1 Profits
21 April 2016 - U.S.-based Steel Dynamics Inc. doubled its first-quarter profits on greater shipments and improving market conditions, especially in its flat rolled business, the company reported Thursday.
Steel Developer Enters the AHSS Ring
21 April 2016 - An advanced materials company has delivered its first advanced high-strength steel (AHSS) to General Motors for initial testing, the company has announced.
ArcelorMittal Unveils Belgian Plant Upgrade
21 April 2016 - With the help of Belgian government leaders, ArcelorMittal ceremonially inaugurated a new EUR49 million walking beam furnace at its Gent facility.
Salzgitter Bags Order from Offshore Gas Pipeline
20 April 2016 - Germany’s Salzgitter Group has won an order for 71,000 metric tons of large-diameter pipe from the Trans Adriatic Pipeline project, the company has announced.
Allegheny Technologies Sheds 250 White-Collar Jobs
20 April 2016 - Specialty steelmaker Allegheny Technologies Inc. is laying off roughly one-third of the salaried employees in its flat rolled division, lopping 250 positions from its payroll, the company has announced.
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