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Quebec Considers Public Investment in Tata Steel Ore Project

22 January 2016 - The Canadian province of Quebec has signed an agreement in principle with Tata Steel to buy into the company’s direct shipping ore project in the Labrador Trough, reports La Presse Canadienne news service.

India Steps Back From POSCO Mill Project

22 January 2016 - The Indian government has set aside plans to establish a steel mill in partnership with South Korea’s POSCO, and will now focus on other projects with ArcelorMittal, reports The Times of India.

Environmental Concerns Prompt Closure of Major Iron Ore Terminal in Brazil

22 January 2016 - A Brazilian court has ordered one of the world’s primary iron ore import-export terminals to shut down owing to recurring pollution problems.

Angolan Steelmaker Cuts the Ribbon on New Mini-Mill

21 January 2016 - Angola’s Aceria de Angola has started producing steel at its new 500,000-tons-per-year mini-mill near the capital of Luanda.

Improved Metal Spreads Lift Insteel Industries Q1 Profits

21 January 2016 - U.S.-based Insteel Industries Inc.’s first-quarter profits rose nearly 62 percent to US$6.7 million, the company reported.

U. S. Steel Warns of More Job Cuts at Lone Star Plant

20 January 2016 - United States Steel Corporation is planning to curtail production and lay off nearly 700 employees at its Lone Star tubular plant in Lone Star, Texas.

Fourth Quarter Impairment Charges Cost Allegheny Technologies US$267M

20 January 2016 - Specialty steelmaker Allegheny Technologies Inc. said its fourth-quarter earnings will take a US$267 million hit from inventory charges, write-offs, and costs associated with layoffs and mill idlings.

Essar Steel Algoma to Begin Shopping Itself Around

20 January 2016 - Canada’s Essar Steel Algoma is to begin searching for a buyer or major investor in its Sault Ste. Marie, Ont., integrated mill, reports the online publication SooToday.com.

Union Continues to Bargain With Allegheny Technologies, ArcelorMittal

19 January 2016 - About a month after reaching a tentative labor deal with United States Steel Corporation, the United Steelworkers union is continuing to look for a new contract with ArcelorMittal and an end to the lockout at Allegheny Technologies Inc. (ATI).

Hyundai Steel Starts Up Caster, Bar Rolling Mills at New Plant

19 January 2016 - A bloom caster, a large-bar rolling mill, and a combination small-bar and wire rod mill have been started up at Hyundai Steel’s new special steel plant in South Korea.

Commercial Metals Names New Chief Operating, Financial Officers

19 January 2016 - U.S.-based Commercial Metals Company (CMC) has promoted its chief financial officer as its new chief operating officer, the company has announced.

Report: OMK Exploring Sale of U.S. Tube Mill

18 January 2016 - Russia’s United Metallurgical Co. (OMK) is looking into selling its U.S. pipe mill, which it opened three years ago to capitalize on the then-booming energy market, according to the Reuters news service.

Tenaris Trims 100 Jobs at Arkansas Mill; Blames Oil Downturn

18 January 2016 - Tube maker Tenaris is shedding approximately 100 jobs at its welded pipe mill in Blytheville, Ark., USA, due to the weak energy market, the company has announced.

Indonesian Steelmaker Orders Coil Equalizer

15 January 2016 - U.S.-based Delta Steel Technologies has won a contract to design and build one of its coil equalizers for Indonesia’s Gunung Steel Group, the company has announced.

Induction Heating Equipment Maker Fulfills Order for Strip Coatings Dryer

15 January 2016 - U.S.-based Ajax TOCCO Magnethermic has shipped an induction-heating dryer system to a steel strip galvanizing producer in China, the company announced.

AUMUND Wins Order for Conveyor at New DRI Plant in Algeria

15 January 2016 - Germany’s AUMUND Fördertechnik GmbH is building a 116-meter conveyor that will link a new hot direct reduced iron plant to a meltshop at the Tosyali Holding AS mill in Algeria.

French Rod Mill Upgrades Coil Handling System

15 January 2016 - French stainless steel wire rod producer Ugitech has awarded a final acceptance certificate on upgrades to the compacting and coil handling system in the company’s rod mill, according to the supplier, Primetals Technologies.

U. S. Steel Names New Managers at PRO-TEC Coating, Granite City Works

14 January 2016 - A veteran United States Steel Corporation manager has been named president of its PRO-TEC Coating joint venture, the company has announced.

Primetals Wins Order for Two Continuous Casters

14 January 2016 - China’s Shandong Iron & Steel Group Rizhao Co. Ltd. has ordered two twin-strand continuous slab casters from Primetals Technologies, the company has announced.

U.S.-Based Feralloy Plans Upgrades to South Carolina Cut-to-Length Line

13 January 2016 - North American steel processor Feralloy Corp. is upgrading the cut-to-length line at its Huger, S.C., USA, facility, the vendor on the project has announced.

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