Steel News

Report: India's Central Bank Wants Essar Steel, 11 Others Ushered into Bankruptcy

16 June 2017 - India’s Essar Steel and Bhushan Steel reportedly are among 12 companies being recommended for bankruptcy by the country’s central bank, according to the Reuters news service.

NLMK Begins Trials on PCI-Equipped Blast Furnace

16 June 2017 - NLMK Group has initiated hot tests of a new pulverized coal-injection unit on the No. 6 blast furnace at its Lipetsk plant in Russia, the steelmaker has announced.

Tenova Partners With Microsoft to Offer Industry 4.0 Solution

15 June 2017 - Tenova has teamed up with Microsoft to offer steelmakers a cloud-based, smart-factory solution, providing for new production efficiencies, the equipment supplier has announced.

This Steelmaker's Newest Hire Never Needs to Take a Break

15 June 2017 - German stainless producer Deutsche Edelstahlwerke GmbH has put a Primetals Technologies LiquiRob robot into service at its Siegen plant, improving safety and efficiency.

Commercial Metals Begins Divesting Marketing and Distribution Business

14 June 2017 - Commercial Metals Company plans to carve up and divest its international materials marketing and distribution business so that it can focus on its American and Polish steel mills, the company has announced.

Romanian Mill Puts New Plate Leveler Into Service

09 June 2017 - ArcelorMittal’s integrated steel works in Romania has put its new Danieli hot leveler into service, according to the equipment supplier.

Hot Demand From Solar Industry Prompts ArcelorMittal to Boost Production of Its Magnelis Steel

09 June 2017 - ArcelorMittal has expanded its capacity to make its Magnelis line of coated steel, adapting a hot-dipped galvanizing line in Spain to produce the product, the steelmaker has announced.

JSW Steel Plans Blast Furnace Overhaul, Closure

08 June 2017 - SMS group’s Paul Wurth division has won a contract to reline and expand the No. 3 blast furnace at JSW Steel’s Vijayanagar Works in the Indian state of Karnataka.

A Researcher's Dirty Idea Wins Tata Group Recognition

06 June 2017 - A U.K. researcher has been recognized by the Tata Group for her work on developing a corrosion-resistant steel coating that is derived from soil bacteria.

Italian Government OKs ILVA Sale to ArcelorMittal-Led Group

06 June 2017 - A consortium led by ArcelorMittal has won the right to acquire Italy’s ILVA and its Taranto works, Europe’s largest steel facility.

SMS group Bags Order for Bar Processing Machine

05 June 2017 - Taiwan’s Walsin Lihwa Corp. has ordered a high-performance bar peeler from SMS group, the equipment supplier has announced.

As Mills Close, China's Rebar Supply Tightens Up

05 June 2017 - The irony here is rich: China is experiencing a short-term shortage of rebar, according to the Bloomberg news service.

ArcelorMittal Prepares to Introduce New Electrical Steel

02 June 2017 - ArcelorMittal said it will formally kick off sales of its second-generation iCARe electrical steels at this year’s Coil Winding, Insulation & Electrical Manufacturing Exhibition, which is being held later this month in Berlin, Germany.

Sandvik Sheds Steel Belts Business

02 June 2017 - Sandvik is divesting Sandvik Process Systems, its industrial process equipment business, to FAM AB for about US$579.2 million, the company has announced.

China, EU Remain Apart on Global Overcapacity

02 June 2017 - European Union Commission President Jean-Claude Juncker said China and the EU narrowed differences over steel overcapacity and China’s insistence that it be treated as a market economy.

A Steel Works Opens in India, and Another On the Way

02 June 2017 - India’s JSW Steel has won approval from the state of Odisha to build a US$7.8 billion steel works, reports the Indian newswire IANS.

Danieli Corus Tapped for Blast Furnace Reline

01 June 2017 - Danieli Corus has a won a contract to reline the No. 5 blast furnace at Severstal’s Cherepovets plant in Russia, the company has announced.

Primetals Wins Contract for Caster Modernization Project

01 June 2017 - Brazil’s Companhia Siderúrgica Nacional has awarded Primetals Technologies a contract to overhaul one slab caster and modify two others at its Volta Redonda plant in Rio de Janeiro.

Special Steel Manufacturer Puts New Extrusion Press into Service

31 May 2017 - Less than 24 months after signing a contract for a new tube extrusion press, Korean special steel maker SeAH Changwon Integrated Special Steel has commissioned the equipment, the equipment supplier on the project has announced.

Two Submit Final Offers for Australian Steel Company

31 May 2017 - A steel producer and a private equity firm have submitted final bids for Australia’s Arrium Ltd., which collapsed into administration last year, according to the Reuters news agency.