Steel News

Chinese Steelmaker Puts Fives Bar Straightener on Order

17 July 2017 - Russian equipment manufacturer Fives has won an order for a Bronx straightening machine from Baosteel Special Metals Shaoguan in China.

Kobe Steel Completes Expansion of Wire Rod Processing Plant

11 July 2017 - Kobe Special Steel Wire Products (Pinghu) Co. Ltd. has started up new pickling unit at its cold-heading quality wire plant in the Chinese province of Zhejiang.

Liberty House Acquires Two Tata Pipe Mills

11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.

EUROFER Upbeat on Steel's Prospects for Remainder of Year

11 July 2017 - The European Union’s first-quarter apparent steel consumption rose 3.1% year-over-year and is expected to grow through the remainder of 2017, but U.S. steel trade policies could have “disastrous” consequences, according to EUROFER, the European Steel Association.

European Union Prepared to Launch Retaliatory Trade Measures at U.S.

07 July 2017 - European Commission President Jean-Claude Juncker reiterated promises that the E.U. would retaliate against the U.S. if it moves to impose new unilateral steel import restrictions.

British Steel Blast Furnace Knocked Off-Line

07 July 2017 - A technical problem has forced British Steel to shut down one of its two operating blast furnaces, reports news and pricing service Platts.

EUROFER Urges U.S. to Rethink Steel Import Strategy

06 July 2017 - With the Group of 20 summit set to begin Friday in Germany, the European Steel Association is calling on member nations to renew commitments to free and fair trade – and on the U.S. to think carefully about imposing restrictions on European steel imports.

Midrex: DRI Production Remained Stable in 2016

06 July 2017 - Global production of direct reduced iron was flat in 2016, despite the industry downturn that occurred in late 2015 and early 2016, according to data maintained by Midrex Technologies Inc.

Italian Steelmaker Upgrades Bar-in-Coil Line

06 July 2017 - Italy's Acciaierie Bertoli Safau is upgrading its Danieli bar-in-coil line to increase size capabilities and realize the line’s full production capacity.

GFG Alliance Prevails in Effort to Buy Australian Steelmaker

05 July 2017 - After revising an earlier offer, metals entrepreneur Sanjeev Gupta and his family’s alliance of businesses have landed a binding agreement to acquire Australian iron ore miner and steelmaker Arrium.

Tata, thyssenkrupp Leaders to Meet on Potential Steel Merger

05 July 2017 - thyssenkrupp chief executive Heinrich Hiesinger plans to meet with Tata Sons chairman Natarajan Chandrasekaran this month to see if the two companies can put together a deal on merging their European steel operations, according to the German business newspaper Handelsblatt.

Timken Subsidiary Acquires Indian Roller Bearings Maker

05 July 2017 - The Indian subsidiary of The Timken Co. has reached an agreement to acquire ABC Bearings Ltd., an Indian manufacturer of tapered, cylindrical and spherical roller bearings and slewing rings.

Australian Steelmaker Starts Up Modified Furnace

03 July 2017 - Australia’s OneSteel has added a new sidewall injection system to an electric arc furnace at its Laverton mill in Melbourne.

Russian Pellet Plant Hits Its Stride

03 July 2017 - NLMK Group’s new pelletizing plant has reached a production milestone, producing its 3 millionth metric ton since its November start-up.

Report: Trump Wants Steel Tariffs. The Rest of His Administration Doesn't.

30 June 2017 - U.S. President Donald Trump and a few of his advisers are “hell-bent” on imposing steel tariffs, despite the objections of many others in his administration, according to the online publication Axios.

Primetals Technologies Forms Alliance with Filter Plant Manufacturer

30 June 2017 - Primetals Technologies and Austria’s Kappa Filter Systems have struck up a partnership to develop and sell de-dusting systems for iron and steel plants, the companies have announced.

Danieli Wins Order for Caster Upgrade

30 June 2017 - The Steel Authority of India has awarded a contract to Danieli for improvements to a bloom caster at its Durgapur facility, the equipment supplier has announced.

One Word for Steel's Future? Wired.

26 June 2017 - Digital technologies will impact every aspect of steelmaking, and that impact is going to be felt sooner rather than later.

Egyptian Rebar Producer Upgrades Rolling Mill Controls

22 June 2017 - Danieli Automation recently completed upgrades to a rolling mill control system at an Ezz Steel facility in Egypt.

Global Steel Production Rose in May

21 June 2017 - The world's crude steel production rose to 143.3 million metric tons in May, an increase of 2% over the same month last year, according to World Steel Association figures.