Steel News

SAIL Develops Special Cold-Weather Steel

30 September 2016 - The Steel Authority of India Ltd. has developed a type of steel designed specifically for use in extremely cold environments and has shipped its first order, reports the Business Standard newspaper.

Steel Company Revives Scottish Plate Mills

28 September 2016 - Liberty Steel has recommissioned two affiliated plate mills in Scotland and is looking to eventually increase production to 500,000 metric tons annually, according to the Reuters news service.

Chilean Steelmaker Produces First Heat of Nanotech Rebar Steel

27 September 2016 - MMFX Technologies Corp. has established a production partnership with CAP Steel, which has produced its first heat of MMFX’s ChrōmX 9100 concrete-reinforcing steel at its Huachipato plant in Talcahuano, Chile, according to announcement.

POSCO Trades the Safety Goggles for Electronic Goggles Through Virtual Tours

27 September 2016 - Using some emerging technology, POSCO is giving its customers a chance to see its steel plants without having to travel to them.

Chinese Steel Production Proving Difficult to Curb

27 September 2016 - If China really intends to cut its excess steelmaking capacity, then the effort is off to a lousy start, reports the Bloomberg news service.

Tata Steel Opens Pension Talks with Labor Representatives

26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.

Kito, Konecranes Ending Alliance, But Not Relationship

26 September 2016 - Japan’s Kito Corp. is dissolving its strategic alliance with Konecranes so that it can bid on Konecranes' hoist and crane components business, which is being divested as part of a separate deal, the companies have announced.

'It's Never Easy to Resolve This Issue,' Says OECD Steel Committee Chairman

23 September 2016 - The outgoing chairman of the Organisation for Economic Co-operation and Development’s steel committee says “many difficulties lie ahead” as the world looks for agreements to bring steelmaking capacity in line with demand.

Chinese Steelmakers Trying to Evade U.S. Import Tariffs, American Steelmakers Allege

23 September 2016 - Several U.S. steelmakers are accusing their Chinese counterparts of circumventing newly imposed tariffs on cold-rolled and corrosion-resistant steels by diverting products into another country before exporting them.

Boasteel Merger May Just Be the Beginning of Chinese Steel Industry Consolidation

20 September 2016 - The merger of China’s Baosteel and Wuhan Iron and Steel Group might be the first of several mergers among the country’s steel producers, reports the Bloomberg news service.

Report: Proposed Merger of China's Baosteel, Wuhan Iron and Steel Wins Regulatory Approval

19 September 2016 - A plan to merge two of China’s largest steelmakers into a single entity with more than 60 million tons of capacity has received regulatory approval, reports Caixin magazine.

Fill 'Er Up: Steel Mills Might One Day Become the Gas Stations for Commercial Jets

16 September 2016 - A U.S. company that is developing technology to convert carbon-based waste gasses into biofuels and chemicals says it has produced 1,500 gallons of jet fuel from steel mill emissions.

Coil Exports Begin Shipping From New Tata Steel Works

16 September 2016 - Tata Steel’s new Kalinganagar works has reached another milestone as ramps up operations, shipping its first hot-rolled coils for the export market.

Egyptian Rebar Maker Inaugurates New Steel Shop

16 September 2016 - Egypt’s El Marakby Steel has fired up a new meltshop and caster at its rebar plant in Giza, allowing it to make steel in-house.

Amid Recession, Long Products Maker Gerdau Sending More Flat Steel Overseas

15 September 2016 - With the Brazilian economy in a deep recession, Gerdau SA is looking to sell flat steel into foreign markets, and is finding success.

Tata Steel Records First-Quarter Loss

12 September 2016 - Tata Steel lost US$475 million in the first quarter of its fiscal year, weighed down by a steep loss on its discontinued European long products business, which it sold earlier this year, the (London) Financial Times.

Linde, Praxair Call Off Merger Discussions

12 September 2016 - Industrial gas suppliers Linde AG and Praxair Inc. have ended merger discussions, the companies confirmed on Monday.

Vietnamese Steelmakers Will Be Held to Environmental Standards, Official Promises

09 September 2016 - A Vietnamese official said the country will strictly enforce environmental rules among its steelmakers to environmental rules and encourage the eventual closure of smaller operations that use outdated and polluting technology, reports the VnExpress newspaper.

SAIL Records Fifth Straight Quarterly Loss, Forecasts Increasing Steel Demand

09 September 2016 - India’s largest steelmaker lost US$81 million in the first quarter of its fiscal year, but is forecasting increasing demand and is advancing plans to boost capacity, reports the Bloomberg news service.

Vallourec Commissions Hydrostatic Pipe Tester

08 September 2016 - Tubemaker Vallourec and the Fives engineering group have commissioned a high-pressure hydrostatic pipe tester at Vallourec’s plant in Düsseldorf, Germany.