Steel News

Japanese Rebar Makers Eye Combination

28 August 2017 - Two Japanese electric arc furnace producers plan to open merger talks, according to the Nikkei Asian Review.

Trump Demands Import Tariffs

28 August 2017 - Should there be any question on where U.S. President Donald Trump wants to take trade policy, perhaps this will be helpful.

German Official Tells thyssenkrupp to Consider Alternatives to Tata Steel Combination

25 August 2017 - Sigmar Gabriel, Germany’s Minister for Foreign Affairs, thinks thyssenkrupp ought to abandon plans to merge its steel division with Tata Steel’s European steel operations.

Tesla's New Sedan Has a Steel-Intensive Body

25 August 2017 - For those who are interested in automotive materials choices, here’s an interesting nugget:

Research Team Says It Has Developed a Formable 2 GPa Steel

25 August 2017 - A University of Hong Kong professor and a team of mechanical engineers say they have created a new ultra-high-strength steel that can be made through conventional process routes.

Gerdau Appoints New CEO

24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.

Report: Two International Steelmakers Eyeing India's Essar Steel

23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.

SMS group Employs 3D Printing to Make Closed-Die Forging Press Part

23 August 2017 - SMS group said it has begun to manufacture closed-die forging press spray heads by way of 3D printing, allowing for production of a lightweight and tailored component.

Danieli to Equip Vietnamese Rebar Mill

23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province.

Mills Grapple With Graphite Electrode Shortage

22 August 2017 - Tight supplies of a key material and rising electric arc furnace steel production are crimping availability of graphite electrodes, sending prices through the roof, according to news and pricing service S&P Global Platts.

For Automakers, Steel May Be the Best Deal

22 August 2017 - The automakers, it seems, just can’t quit steel.

BlueScope Steel Names New Chief Executive

21 August 2017 - Australia’s BlueScope Steel Ltd. has a named a company veteran to succeed chief executive Paul O’Malley, who is set to retire at the end of the year.

TMK Looks for Strong Second Half of 2017

21 August 2017 - Russian tubemaker PAO TMK posted a US$19 million loss in the second quarter, but remained profitable through the first half of 2017, the company said.

Steelmakers Coming Around to Hedging, LME Executive Says

21 August 2017 - Despite some early skepticism, steel mills might be starting to warm to the idea of steel futures and have been testing out London Metal Exchange contracts, according to Reuters news service.

British Steel Opens International Sales Offices

18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand.

U.S. Stainless Flange Producers File Dumping Complaint Against China, India

17 August 2017 - Two U.S. flange makers have filed a dumping complaint against China and India, alleging that producers in those countries are selling forged stainless flanges below cost.

POSCO to Boost Hiring Over Next Four Years

17 August 2017 - South Korea’s top steelmaker said it will step up hiring to secure its workforce through the digital revolution, according to The Korea Times newspaper.

Primetals Gives ExxonMobil Lubricants Preferred Status for Rolling Mill Equipment

17 August 2017 - ExxonMobil and Primetals Technologies have struck up a partnership through which they’re offering incentives to customers who use ExxonMobil lubricants on certain Primetals equipment.

Report: Two Killed in Coke Oven Explosion

16 August 2017 - Two people were killed and 10 others were injured Tuesday in a coke oven explosion at a Gerdau SA plant in Brazil, according to the Reuters news service.

IMF: China's Steel Capacity Reductions Have Had 'Muted' Impact

15 August 2017 - The International Monetary Fund said China’s efforts to cut excess steel and coal capacity have had a "muted" impact on its production and that the country could stand to make more aggressive cuts.