Steel News

To Protect Domestic Producers, India Imposes Hefty Duty on Hot Rolled Imports

14 September 2015 - The Indian government has imposed a temporary 20-percent duty on certain imported steel products, according to Reuters.

ArcelorMittal Fulfills Order for New Grade of Sheet Piling

14 September 2015 - ArcelorMittal has delivered 3,200 metric tons of a new steel to a Scottish seaport project, its largest shipment yet, the company has announced.

China Records August Increase in Crude Steel Output

14 September 2015 - Despite government-mandated mill shutdowns, China’s crude steel production grew in August, rising 1.7 percent from the previous month, reports BloombergBusiness.

Process Pipe Fabricator Wins Order In Support of Pulp Mill Expansion

11 September 2015 - The process pipe fabrication shop at Finland's Caverion Group has won an order for 350 metric tons of stainless steel piping, part of a EUR530 million upgrade to a pulp mill, the company has announced.

U.S. Trade Commission Proceeding With Import Investigation Into Cold Rolled Flat Products

10 September 2015 - The U.S. International Trade Commission has agreed to proceed with a trade investigation into cold rolled flat products from seven countries, including China, concluding that there is a reasonable indication of harm to domestic producers.

Steel Import Duty Could Cost India Jobs, Says Export Council

10 September 2015 - India’s Engineering Export Promotion Council is opposing a recommendation that the country put a 20-percent safeguard duty on certain steel imports, arguing that it would come at the expense of small and mid-sized exporters.

Tata Steel Reaches Milestone In Development Of New Steel Works

10 September 2015 - Tata Steel has reached a milestone in the development of its Kalinganagar steel works – the coke ovens have been placed into the production.

Indian Trade Official Recomends 20 Percent Duty on Certain Steel Imports

09 September 2015 - India’s Director General of Safeguards is recommending that the country impose a temporary 20-percent safeguard duty on imports of certain flat products, including hot rolled coil.

Italian Mill Retains Harsco As Principal On-Site Contractor

09 September 2015 - A ThyssenKrupp stainless steel works has renewed a service contract with Harsco Metals & Minerals, Harsco has announced.

Material Handling Equipment Commissioned at New Vietnamese Steel Works

08 September 2015 - Germany’s SCHADE Lagertechnik is delivering bulk material handling equipment to Formosa Plastic Group’s Ha Tinh steel and power complex in Vietnam, SCHADE has announced.

Outotec Inaugurates New Technology Center

08 September 2015 - Outotec has opened a new center focused on dewatering technology in Lappeenranta, Finland, the company has announced.

Commission Greenlights Merger of Indian Tower Fabricators

08 September 2015 - The Competition Commission of India has OK'd the merger of two steel tower fabricators, saying that the deal isn't likely to affect competition, reports The Economic Times newspaper.

Iron Ore Miner Reaffirms Estimate of 1B Tons of Chinese Steel Production

03 September 2015 - Chinese steel demand has slowed, but one of the world’s largest iron ore exporters is sticking with projections that the country’s demand will grow to 1 billion tons in the next 15 years.

Mechel Signs Long-Term Coal Deal With Asian Steelmaker

03 September 2015 - Russian coal and steel producer Mechel OAO has signed a long-term agreement to provide metallurgical coal to a Japanese steelmaker, the company has announced.

To Protect Steelworks, Australian Union Willing To Discuss Concessions

02 September 2015 - The Australian Workers' Union says it will support BlueScope Steel's effort to cut costs in order to preserve the remaining blast furnace at the company's Port Kembla steelworks, reports The Sydney Morning Herald.

Minebea Co. Bearing Declared World’s Smallest

02 September 2015 - Guinness World Records has made official what bearings manufacturer Minebea Co. Ltd. has been saying for the last several years: it makes the world's smallest steel ball bearing.

Russian Coal and Steel Producer Refinances Nearly US$2 Billion in Debt

01 September 2015 - Russian mining and metals company Mechel OAO has restructured nearly US$2 billion worth of loans with Gazprombank, the company has announced.

Association: Latin America Buying More Chinese-Made Steel, Other Markets Buying Even More

01 September 2015 - Nearly 9 percent of China's steel exports have been destined for Latin America so far this year, according to Alacero, the Latin American Steel Association.

Outotec Wins Order for Iranian Beneficiation Plant

01 September 2015 - Outotec Oyj has been awarded an EUR 45 million contract to outfit a new iron ore beneficiation plant for Iran's Khorasan steel complex, Outotec has announced.

ArcelorMittal South Africa To Close Facilities, Lay Off 400

31 August 2015 - ArcelorMittal South Africa is planning to close parts of one steel works and has begun studying whether to restructure another, the company said in a statement.