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AISI Chief Executive Applauds New U.S. Transportation Plan, But Says More Work Is Needed

07 December 2015 - Passage of compromise bill on transportation funding is long overdue but will enable steelmakers and their customers to plan for the future, said American Iron and Steel Institute (AISI) president and CEO Thomas J. Gibson.

Newspaper: Three Firms Competing to Buy Tata Steel European Operation

07 December 2015 - A deal to acquire Tata Steel's European long products business could come as soon as this week, according to a report in The (London) Telegraph newspaper.

Court Dismisses Lawsuit Against Essar Steel Algoma

04 December 2015 - A U.S. federal court has dismissed an iron producer’s lawsuit against Essar Steel Algoma, the company has announced.

With No Alternative Plans in the Offing, Tata Steel Expected to Cut 720 Positions

04 December 2015 - Tata Steel and union representatives have failed to agree on a plan that would mitigate layoffs at its mini-mill operation in northern England, meaning that Tata likely will execute on its plan to cut 720 positions there and elsewhere, according to the The (London) Telegraph.

AIST Adds to Technology Committee Lineup

04 December 2015 - The Association for Iron & Steel Technology has established a new technology committee intended to share know-how related to direct reduced iron (DRI) and hot briquetted iron (HBI).

Allegheny Technologies Lockout Nearing Fifth Month

04 December 2015 - Specialty metals producer Allegheny Technologies Inc. (ATI) invested close to US$400,000 per job through its new hot rolled mill in southwestern Pennsylvania, according to Robert Wetherbee, ATI’s president of flat rolled products.

Italian Transformer Manufacturer Finalizes Acquisition

03 December 2015 - Italy’s Tamini Trasformatori Srl has closed on a deal to acquire transformer manufacturer Transformer Electro Service Srl (TES), the company has announced.

Continuous Casters Switched On at New Baosteel Facility

02 December 2015 - Two new continuous slab casters have been put into service at Baosteel’s Zhanjiang works in southern China, according to the supplier.

Governor Tells Essar Steel Minnesota To Pay Up

01 December 2015 - Minnesota Gov. Mark Dayton has threatened to call due a US$67 million loan to Essar Steel Minnesota if the company doesn’t pay past due bills from vendors building the company’s new Nashwauk taconite plant by 2 December.

U. S. Steel Announces Management, Organizational Changes to Flat Rolled Division

01 December 2015 - United States Steel Corporation is reorganizing the reporting structure for its flat rolled division, creating three commercial entities that will oversee operations at their respective plants.

POSCO, Maruichi Steel Celebrate 35-Year Relationship

30 November 2015 - South Korea’s POSCO recently supplied its 8 millionth ton of steel to Japan’s Maruichi Steel Tube Ltd., POSCO has announced.

Primetals Setting Up Briquetting Plant at New HBI Facility

30 November 2015 - Primetals Technologies has won an order for a residuals briquetting plant to be installed at voestalpine’s new hot briquetted iron (HBI) facility in the United States.

10 Killed in Accident at Chinese Plant

30 November 2015 - Chinese authorities are investing a gas leak that killed 10 people at a steel plant during the weekend, according to reports.

New Case-Hardening Process Under Development at German University

23 November 2015 - Engineers at Germany’s Karlsruhe Institute of Technology are working on a new steel-hardening process that they claim holds promise for the development of smaller car engines, reports The Engineer magazine.

Equipment Upgrade Helps ArcelorMittal Expand Piling Products Portfolio

23 November 2015 - ArcelorMittal’s Belval sheet piling mill in Luxembourg has put a new SMS group Compact Roller Straightener into service, allowing the mill to expand its product portfolio, SMS has announced.

Expanding on Previous Acquisition, Atlas Copco Sweeps Up Second Vacuum Business

20 November 2015 - Swedish compressor manufacturer Atlas Copco is acquiring Oerlikon’s Leybold Vacuum business in a deal based on an enterprise value of CHF525 million, the company said.

Former Nucor CEO Enters Business Hall of Fame

20 November 2015 - Former Nucor Corp. CEO and chairman emeritus Dan DiMicco has been inducted into the North Carolina Business Hall of Fame.

POSCO Orders Vertical Annealing Furnace for New Galvanizing Line

19 November 2015 - The Fives engineering group has won a contract to design and build a high-performance vertical annealing furnace for a POSCO plant, the company has announced.

SMS Wraps Up Modernization Project at Nucor Strip Mill

19 November 2015 - SMS group has completed upgrades to Nucor Corp.’s Berkeley, S.C., USA, compact strip production (CSP) plant, SMS has announced.

Ohio Steel Shop Temporarily Halting Production

19 November 2015 - U.S.-based Warren Steel Holdings is temporarily idling its plant in Warren, Ohio, citing “market conditions.”

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