Steel News

Plans for Giant Steel Plant Put on Hold

18 April 2017 - Vietnam’s prime minister has stopped Hoa Sen Group’s massive $10.6 billion integrated steel plant to allow more time to study its feasibility and environmental impacts, reports Vietnam’s VnExpress newspaper.

Primetals Technologies Tapped for Rebar Mill Improvements

18 April 2017 - Primetals Technologies has won an order to install a continuous rolling system at a rebar mill in Abu Dhabi, the mill builder has announced.

Russian Steelmaker Looks to Sell Long Products onto Europe

18 April 2017 - The Russian government is extending an RUB 300 million to Mechel PAO, which plans to expand its Chelyabinsk Metallurgical Plant for the export structurals market.

SMS Wins Contract for Bar Mill Modernization

13 April 2017 - Spain's Sidenor Aceros Especiales SL has awarded a contract to SMS group to modernize the bar mill at its Basauri facility.

Russian Steelmakers Invest More than US$200 Million in Environmental Initiatives

13 April 2017 - Russia’s NLMK Group increased spending on environmental projects and controls by 12% in 2016, the steelmaker reported.

Rebuilt Converter Resumes Production at POSCO Mill

11 April 2017 - POSCO has restarted a LD (BOF) converter at its Gwangyang plant following a project to modernize the approximately 30-year-old unit.

Swedish Steelmaker Wins Multimillion Order for Umbilical Pipe

11 April 2017 - Sweden’s Sandvik Materials Technology has bagged a SEK400 million (US$44.2 million) exclusive order for stainless umbilical tubes to be used in the offshore Leviathan natural gas field, the company said on Tuesday.

Thyssenkrupp joint venture would be 'high risk,' labor union says

11 April 2017 - Germany’s largest labor union is voicing disapproval of a potential joint venture between thyssenkrupp AG and Tata Steel, the Bloomberg news service reports.

Quaker Chemical, Houghton International Agree to Merge

10 April 2017 - Metalworking fluids maker Quaker Chemical Corp. is acquiring Houghton International Inc. through a deal valued at more than US$1.4 billion.

Danieli Wins Order for Vacuum Degasser Upgrade

10 April 2017 - Russia’s JSC Ural Steel has awarded a contract to Danieli Centro Met for upgrades to the vacuum degasser at its Novotroitsk facility.

To Drive Sales, British Steel Invests in New Rail Facility

05 April 2017 - British Steel has opened a new long-rail logistics center in northern Italy to support sales in that country.

Aperam Finalizes Divestment of French Welded Tube Business

05 April 2017 - Stainless and specialty steel producer Aperam has the completed the sale of its French welded stainless tube business, the company has announced.

Indian Steelmaker Signs Off on Meltshop, Rolling Mill

05 April 2017 - India’s BMM Ispat has issued the final acceptance certificates for its new electric arc furnace and merchant bar mill at its Hospet plant in the state of Karnataka.

Severstal Signs Off on Tandem Mill Upgrades

04 April 2017 - Russia’s PAO Severstal has issued the final acceptance certificate on its newly modernized tandem cold mill at its Cherepovets plant, according to the vendor on the project.

No Bones About It: This Steel Was Inspired By Anatomy

04 April 2017 - An international team of researchers have developed an experimental type of steel that they say is more resistant to fatigue cracks.

EUROPIPE Bags Multiyear Order for Large-Diameter Pipe

04 April 2017 - Germany’s EUROPIPE has won an order for 635,000 tons of large-diameter pipe for a 300-mile natural gas transmission line in Germany.

Trump Issues Executive Orders to Address Unfair Trade

31 March 2017 - Declaring that “the theft of American prosperity will end,” U.S. President Donald Trump signed two executive orders on Friday that are intended to clamp down on unfairly traded imports.

Schaeffler, Pacific Special Steel Form Strategic Partnership

31 March 2017 - Automotive parts and bearings manufacturer Schaeffler AG has entered into a strategic partnership with China's CITIC Pacific Special Steel Group, the companies announced on Friday.

ArcelorMittal Puts New Drag Chain Conveyor on Order

31 March 2017 - The AUMUND Group has won an order for a new double-strand, drag chain conveyor from ArcelorMittal Brazil.

U.S. to Re-Examine China's Nonmarket Economy Status

30 March 2017 - The U.S. Department of Commerce will review whether China should continue to be treated as a nonmarket economy in trade cases.