Steel News

Italian Government Receives Two Offers for Europe's Largest Steel Works

08 March 2017 - Two consortiums have submitted binding offers for Italy’s ailing Ilva steel group and its Taranto steel works, Europe’s largest steel plant., according to reports

Report: Rising Domestic Demand Kept a Lid on China's February Exports

08 March 2017 - China’s steel exports dived to a three-year low in February as its steel producers diverted output from foreign to domestic markets on account of rising demand at home, reports the Reuters news service.

German Rod and Bar Mill Upgrades Capabilities

08 March 2017 - Danieli has completed the first phase of a modernization project at the Elbe-Stahlwerke Feralpi rod and bar mill in Riesa, Germany, the mill builder has announced.

Danieli Combines Two German Companies

03 March 2017 - Danieli has merged two German operations, Josef Fröhling GmbH & Co. KG and W+K Industrietechnik GmbH & Co. KG, into a single company.

Daubert Cromwell Opens New Plant in South America, Expanding International Footprint

03 March 2017 - Daubert Cromwell, a manufacturer of corrosion inhibitors and anti-corrosion packaging, has opened a new plant Brazil, the company has announced.

Tenova Marks 10 Years of Innovation, Launches New Website

03 March 2017 - Metals and mining technology supplier Tenova has launched a new website as it celebrates the 10th anniversary of its formation.

Australian Labor Union Seeks Tariffs on Chinese Steel

27 February 2017 - Saying that dumped steel from China has cost Australian steelmakers AU$200 million over the past 12 to 18 months, Australia’s largest labor union is preparing to file a complaint with the federal government.

Danieli Corus Ships First Hydraulic Gearbox for Blast Furnace Top-Charging Systems

27 February 2017 - Danieli Corus and Danieli Centro Metallics have shipped their first DANCU gearbox to a Ukrainian steel mill that is replacing its top-charging system.

Swedish Government Allocates Funding to Carbon-Free Steelmaking Research

27 February 2017 - The Swedish Energy Agency has agreed to contribute an additional SEK56 million toward a four-year research initiative that will explore hydrogen’s potential as a carbon-free steelmaking input.

ArcelorMittal May Make Power, Not Steel, at New Site

27 February 2017 - ArcelorMittal is thinking about scrapping plans for a 6 million metric ton steel plant and building a 600 MW solar farm, reports The (India) Economic Times.

Tubemaker Puts ERW Mill on Order

24 February 2017 - Danieli W+K has won an order for a new ERW pipe mill from Bulgarian cold -rolled coil and tube maker Silva Mash, the mill supplier has announced.

New Rotary Discharge Machine Put Into Service at Australian Steelworks

24 February 2017 - AUMUND Fördertechnik GmbH has built and installed a new rotary discharge machine serving the coke handling system at BlueScope Steel Ltd.’s Port Kembla Works in New South Wales, Australia.

Two Steelmakers Merge Brazilian Long Products Operations

24 February 2017 - ArcelorMittal Brazil is acquiring Latin American producer Votorantim SA’s Brazilian long steel business, according to announcements from the companies.

Its New Steel Works Now Open, an Open-Die Forger Sets a Casting Record

23 February 2017 - South Korea’s TAEWOONG Co. Ltd. has set a new steelmaking record, becoming the first to successfully produce 1,000 mm blooms on a curved continuous caster, according to an announcement.

With a Deal to Divest Its Brazilian Mill, thyssenkrupp Exits Steelmaking in the Americas

22 February 2017 - thyssenkrupp AG is ending its decade-long steelmaking venture in the Americas, agreeing to sell its integrated mill in Brazil to Latin American producer Ternium for US$1.33 billion (EUR1.26 billion).

New Tata Steel Works Finding Its Stride

21 February 2017 - Tata Steel’s new Kalinganagar works in India has reached a new production milestone – it has achieved 2 million metric tons of hot metal, reports The (India) Economic Times.

Tata Strikes Deal to Divest U.K. Specialty Steel Business

10 February 2017 - Tata Steel has reached an agreement to sell its U.K. specialty steel business to metals entrepreneur Sanjeev Gupta and his Liberty House Group for 100 million pounds, Tata has announced.

ArcelorMittal Swings to Profitability in 2016; Plans Capital Spending Increase

10 February 2017 - Coming off its worst year since the 2006 merger that created it, ArcelorMittal recorded a US$1.8 billion profit in 2016 on an improving steel market and early savings in a turnaround initiative, reports the (London) Financial Times.

Egyptian Steelmaker Taps Danieli for Bar Mill Upgrade

09 February 2017 - Egypt’s ezzsteel has awarded a contract to Danieli for modifications to the No. 2 bar mill at its EZDK plant in Alexandria.

ArcelorMittal Inaugurates 'Breakthrough' Galvanizing Line

06 February 2017 - ArcelorMittal has commissioned a new type of steel coating line at its Kessales facility in Belgium.