Steel News

Stainless Manufacturer Sees Capacity Boost Through Converter Project

30 May 2017 - Slovenian Steel Group’s Acroni facility has started up an EUR30 million argon-oxygen converter and de-dusting system, the equipment supplier on the project has announced.

Chinese Steelmaker Puts Danieli Bar Peeler on Order

30 May 2017 - China’s Baoshan Iron & Steel Co Ltd. has ordered a Danieli Centro Maskin bar peeler, the equipment supplier has announced.

Lincoln Electric Names New Head of International Welding Division

26 May 2017 - Welding equipment and supplies maker Lincoln Electric Holdings Inc. has promoted Steven B. Hedlund to executive vice president and named him president of its international welding division.

Linde, Praxair Reach Outline Agreement on Merger

24 May 2017 - U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.

NLMK Lands Multi-Year Raw Material Supply Agreement

22 May 2017 - Integrated Russian steelmaker NLMK has signed a long-term agreement to supply raw materials to one of the world’s largest cement manufacturers.

India Now Is World's Second-Biggest Producer of Stainless Steel

22 May 2017 - Global stainless steel production rose 10.2% in 2016 to a record 45.8 million metric tons, according to data released by the International Stainless Steel Forum.

POSCO Looks to Create 'One-Stop Shop' For Components Verification With New Lab

19 May 2017 - South Korea-based POSCO has cut the ribbon a new components-forming laboratory at is global research and development center in Songdo.

North American OCTG Demand Lifts TMK Profits

19 May 2017 - Russian tubemaker TMK posted a US$42 million profit in the first quarter of 2017, buoyed by an improving oil and gas market in North America.

Tata Steel to Split From U.K. Pension Fund

18 May 2017 - Tata Steel said it has reached an agreement in principle to sever ties with its U.K. pension fund, a move that if finalized would remove an obstacle to possible a merger with thyssenkrupp’s steelmaking operations.

KOCKS Receives Order for SBQ Mill Equipment

18 May 2017 - Friedrich KOCKS GmbH & Co KG has won an order for a 4-stand reducing and sizing block from China’s Maanshan Iron & Steel Co. Ltd., the equipment supplier has announced.

Severstal Blast Furnace to be Retrofitted with New Charging System

18 May 2017 - SMS group’s Paul Wurth unit has won a contract to refurbish the No. 5 blast furnace at Severstal’s Cherepovets Metallurgical Plant in Russia, the equipment maker has announced.

U.S. Commerce Department OKs Rebar Duties

17 May 2017 - The U.S. Commerce Department has finalized tariffs on rebar from Japan and Turkey, affirming that producers in those countries have undercut domestic prices.

Sandvik Looks to Exit Welding, Stainless Wire Business

17 May 2017 - Sandvik Materials Technology intends to divest parts of its wire business and is reorganizing the rest of its operations around four product areas, the company has announced.

China Reduces Its Ability to Make Steel, But Not Its Desire

16 May 2017 - China is more than halfway to achieving its goal of cutting 50 million metric tons of crude steel capacity this year, according to Xinhua, the country’s official news agency.

SMS group Upgrades Severstal Pickling Line

16 May 2017 - PAO Severstal has installed a new twin-head side trimmer on a pickling line at its Cherepovets plant in Russia, according to equipment supplier SMS group.

Eurofer President: China’s Capacity Cut Promises Are ‘Genuine’

10 May 2017 - China will indeed cut its capacity, but a reduction in capabilities won’t necessarily lead to a reduction in output, the president of the European steel association, Eurofer, said on Wednesday, according to the Reuters news service.

Harsco Called Upon to Support New Integrated Mill

09 May 2017 - Mill contractor Harsco Corp. has been awarded a US$25 million contract to provide services at Tata Steel’s new Kalinganagar works in India, the company announced on Tuesday.

Japan: U.S. Anti-Dumping Ruling ‘Unjust’

09 May 2017 - Japan’s steel producers are weighing their options following a U.S. decision last week to impose tariffs on cut-to-length plate from Japan and seven other countries.

Metallurgist: More Hydrogen Embrittlement Data Needed, But It Will Be Costly to Obtain

08 May 2017 - Metallurgists have been studying hydrogen embrittlement for more than 140 years, but to solve the nagging problem, more real-world data is needed, University of Cambridge Prof. Harry Bhadeshia said on Monday.

So Far This Year, China Is Exporting Less Steel

08 May 2017 - China’s steel exports have declined 26% through the first third of the year, according to S&P Global Platts.