Steel News

Regulators Approve Tata Steel Pension Plan Divorce

11 September 2017 - U.K. officials have approved Tata Steel Europe’s plant to separate itself from its GBP15 billion British Steel pension plan, the steelmaker has announced.

Tubemaker Issues Final Acceptance on New Seamless Equipment

11 September 2017 - Vallourec Deutschland has signed the acceptance certificate on a new piece of seamless tube rolling equipment installed at one of its facilities.

thyssenkrupp Shareholders Want a Tata Deal Done

08 September 2017 - thyssenkrupp shareholders would like to see the company combine its steel unit with Tata Steel’s European strip business by year’s end, reports the Reuters news service.

thyssenkrupp Finalizes Sale of Brazil Plant

07 September 2017 - thyssenkrupp has completed the sale of its CSA Siderúrgica do Atlântico mill in Brazil, bringing an official end to its North and South American steelmaking venture.

India Wants Foreign Steel Producers to Build, Not Buy

07 September 2017 - As India looks to expand its steel capacity, it is encouraging foreign producers to undertake domestic expansion projects rather than buying up distressed assets.

Harsco Signs Contracts With Argentinian, Mexican Mills

06 September 2017 - Mill services contractor Harsco Corp. has signed multi-year deals worth approximately US$50 million with two Latin American steelmakers.

EUROFER: Material Life Cycle Costs Should Be a Part of Vehicle Emissions Standards

05 September 2017 - The European Steel Association (EUROFER) is calling on EU officials to account for the life cycle carbon costs of materials in drafting new rules for vehicle emissions.

AUMUND Receives Order for Coal, Coke Handling Equipment

05 September 2017 - Baosteel Group’s Shanghai Meishan Iron & Steel Co. Ltd. has placed an order with AUMUND Fördertechnik GmbH for six rotary discharge machines that will be used to withdraw coal and coke from storage silos and covered stockpiles.

Danieli Receives Order for Four New Blast Furnaces

31 August 2017 - Danieli Corus has won a contract to build the primary end of a new steel mill in Vietnam.

Concrete Poses Solid Competition to Steel

30 August 2017 - As a building material, steel is facing increasing competition from concrete, partly on account of its better fire resistance. But the industry is taking steps to resharpen steel's edge as the go-to material for buildings and bridges, reports the Bloomberg news service.

Robotics Company Celebrates Sales Milestone

30 August 2017 - Italy’s Polytec has reached a milestone, installing its 100th robotic cell in a steel plant, the company has announced.

Construction of NLMK Oxide Recovery Plant Underway

30 August 2017 - Russia’s NLMK Group has begun construction of a RUB2.8 billion (US$47.8 million) waste oxide briquetting plant at its Lipetsk facility, the company said Wednesday.

JSW Steel Looks At Foreign Investments

29 August 2017 - India’s JSW Steel plans to grow capacity to 40 million metric tons and is eyeing acquisitions at home and abroad, reports the PTI news agency.

Report: Trump Twice Said No Deal to China on Offer to Reduce Steel Capacity

29 August 2017 - U.S. President Donald Trump apparently wants tariffs on imported Chinese steel so much so that he rejected an offer from Chinese leaders for additional capacity cuts, reports the (London) Financial Times.

Hyundai Steel Signs Off On Caster Rebuild

28 August 2017 - Hyundai Steel Co. has signed the final acceptance certificate for a rebuilt 6-strand caster at the company’s Pohang plant in South Korea.

List of Potential Essar Steel Investors Grows

28 August 2017 - The list of potential suitors for India’s Essar Steel is growing, according to Indian financial news portal moneycontrol.com

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: