Steel News

Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving

03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.

Metals Trader Announces Plans to Expand U.K. Mill

31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.

Severstal Plans Pickling Line Upgrade

31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.

Trade Commission Moves Forward on U.S. Steel Corp. Complaint

27 May 2016 - The U.S. International Trade Commission will pursue United States Steel Corporation’s Section 337 trade complaint against the largest of Chinese steel producers, the commission has announced.

G7 Resolves to Address Global Steel Glut

27 May 2016 - Leaders of the world’s seven wealthiest countries promised on Friday that they would take steps to address global excess steelmaking capacity, reports the Reuters news service.

Dubai Steelmaker's Rebar Wins Standards Certification

27 May 2016 - The Dubai Central Laboratory has awarded a standards certification to a nanocrystalline rebar being manufactured by United Arab Emirates-based Star Steel International.

Automaker Picks ArcelorMittal for New Supplier Program

27 May 2016 - A German automaker has chosen ArcelorMittal to participate in a new vehicle-development program designed to quicken innovation and to help it meet the needs of a global market.

New Cooling Stack On Order for Pilot Process Plant

24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.

TPC Wire & Cable Signs Distribution Agreement in Korea

24 May 2016 - U.S.-based TPC Wire & Cable Corp. has signed a distributor agreement with South Korea’s Broland Korea Co. Ltd., it has announced.

China Trying to Discourage Steel Exports, Industry Group Says

24 May 2016 - Exports of Chinese-made steel are being driven by market forces and rose last year in spite of government action intended to reduce incentives for selling overseas, the China Iron & Steel Association said, according to the Reuters news agency.

Iron Ore Producers Should Focus on the Long Term With China's Steel Mills, Says CISA

20 May 2016 - China Iron & Steel Association Secretary General Liu Zhenjiang said iron ore miners should seek longer-term, mutually beneficial supply deals with Chinese steel mills, instead to trying to turn a profit on short-term price increases, according to Platts.

Measurements Lab Completes Refurbishment of Deadweight Machine

20 May 2016 - Technicians have completed a 16-month project to refurbish the world’s largest deadweight machine, according to the U.S.-based National Institute of Standards and Technology.

AIST Appoints New Board President, Officers

20 May 2016 - The general manager of America’s largest integrated steel works has been named president of the Association for Iron & Steel Technology, the association has announced.

Commerce Department Slaps Chinese Cold Rolled Steel With Duties of More than 500 Percent

18 May 2016 - The U.S. Department of Commerce is imposing duties of more than 500 percent on Chinese-made cold rolled steel, an action likely to ratchet up trade tensions between the countries.

Steel Industry Urged to Embrace Innovation, and Quickly

17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.

UAE Investment Firm Plans New Rebar Mill

17 May 2016 - An investment firm that is partly owned by the United Arab Emirates has signed an agreement to build a 300,000 metric ton rebar plant, reports The National newspaper.

Professor: Low Prices Leaves Less for Steel Research

16 May 2016 - New research tools are allowing metallurgists to gain an even better understanding of steel’s molecular structures, opening windows of insight into existing products and opening doors that could lead to improved processes.

Refractories Manufacturer Looks Overseas for Growth

16 May 2016 - Pittsburgh, Pa.-based refractory maker HarbisonWalker International has taken a few more steps to reorganize itself following its exit from asbestos-related bankruptcy, hiring a new chief technical officer, revealing its intent to expand overseas and unveiling a rebranding effort.

Japan's No. 1 Steelmaker Strikes Deal to Buy Out Its No. 4 Rival

16 May 2016 - Japan’s largest steelmaker is acquiring a majority stake in the country’s fourth-largest producer, Nisshin Steel Co., as a defense against the supply glut, reports The Japan Times.

Terex Cancels Merger With Konecranes, But Strikes a Different Deal

16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.