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Harsco Signs $125M Agreement with Chinese Plate Mill

05 February 2016 - Harsco Corp. has landed a 15-year, US$125 million contract to provide additional mill services at Hebei Iron & Steel Group’s Tangshan plate mill, the company has announced.

As Power Prices Rise and Steel Prices Fall, ArcelorMittal Considers Future of South African Mill

04 February 2016 - ArcelorMittal’s South African division said it expects to record a headline loss of 1,250 cents per share in 2015 and is rethinking its investment in its ultrathin hot rolled coil mill along the country’s west coast.

Steel Shortage Forces Toyota to Temporarily Halt Production in Japan

03 February 2016 - The world’s leading automaker plans to halt all of its domestic assembly lines next week because of a parts shortage, which was brought on by an accident at an affiliated steel mill.

ArcelorMittal Might Part With U.S. Rail Mill and Other Long Products Facilities

03 February 2016 - ArcelorMittal, the world’s largest steelmaker, is considering a sale of its Pennsylvania, USA, rail mill, along with other U.S. long steel assets.

Upgrades to ThyssenKrupp Hot Strip Mill Pass Acceptance Test

02 February 2016 - ThyssenKrupp Steel Europe AG has signed off on upgrades to the intensive cooling section at a hot strip mill in Germany.

Acquisition Expands U.S. Galvanizer's Midwest Presence

02 February 2016 - U.S.-based AZZ Inc. is expanding its galvanizing capacity, acquiring Alpha Galvanizing Inc. for an undisclosed amount.

United Steelworkers Rank-and-File Accept Labor Agreement With U. S. Steel

01 February 2016 - The United Steelworkers union has ratified a three-year labor contract with United States Steel Corporation, the union has announced.

EU Announces Anti-Dumping Duties on Chinese-Made Rebar

01 February 2016 - The European Commission is planning to impose anti-dumping duties of 9.2 and 13 percent on imports of Chinese-made, high-fatigue performance (HFP) rebar.

Steel Manufacturers Association Names New Board Leaders

29 January 2016 - Commercial Metals Co. senior vice president Tracy Porter has been elected chairman of the U.S.-based Steel Manufacturers Association.

Nucor 2015 Profits Fall; Underperforming Joint Venture Contributes to 4Q Loss

29 January 2016 - U.S.-based Nucor Corp. saw its 2015 profits fall 39 percent on account of lower prices and declining shipments.

Mexican Steelmaker Orders Acid-Free "Pickling" Line

28 January 2016 - Mexico’s Talleres y Aceros has ordered an Eco Pickled Surface (EPS) descaling line to round out operations at its new mini-mill in the state of Veracruz.

More Layoffs Planned at Kentucky Tube Mill

28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., tube mill.

More Layoffs Planned at Kentucky Tube Mill

28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., USA, tube mill.

Midrex, Primetals Win Contract for Proposed Merchant HBI Plant

28 January 2016 - International Metallics Corp. (Canada) Ltd. has selected Midrex Technologies Inc. and partner Primetals Technologies to outfit a proposed hot briquetted iron plant in the Canadian province of Quebec.

Tenaris Closing U.S. OCTG Couplings Plant

27 January 2016 - OCTG producer Tenaris is planning to mothball its couplings facility in Houston, Texas, USA, by the end of March, the company has announced.

SMS group Installs New Welding Line at Russian Pipe Works

27 January 2016 - Russia’s Gazpromtrubinvest has commissioned a 16-inch, high-frequency pipe-welding line at its Volgorechensk pipe works, according to the supplier on the project.

U. S. Steel Posts US$1.5B Loss in 2015

27 January 2016 - 2015 will go down as a significant year for United States Steel Corporation, but for the wrong reasons: the integrated steelmaker posted a net loss of US$1.5 billion on the year, illustrating the difficult market conditions the company and other steelmakers are facing.

Court Rules Vale Can Reopen Brazilian Port -- For Now

26 January 2016 - Last week, a Brazilian court ordered that iron ore exporter Vale SA close its Tubarao port, one of the world’s most important iron ore import-export terminals.

Accounting Charges, Mill Idling Costs Help Sink AK Steel's 2015 Earnings

26 January 2016 - Although sales and shipments rose in 2015, U.S.-based AK Steel Corp. lost US$510.7 million on the year after writing off investments in its iron ore and incurring costs to idle its Ashland, Ky., steel works, the company has announced.

ArcelorMittal Mothballs Spanish Mini-Mill

25 January 2016 - ArcelorMittal is indefinitely idling its Sestao mini-mill in Spain, blaming “extremely adverse” market conditions.

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