Steel News

Report: China Steel Exports Reaching "Extraordinary" Levels

29 July 2015 - Steel exports from China have increased to extraordinary levels as demand in the world’s largest producer slows, according to a Bloomberg report. Meanwhile, the head of India’s third-biggest mill is decrying the impact of surging competition, it said.

Grupo Simec Announces Results for the First Six Months of 2015

28 July 2015 - Grupo Simec, S.A.B. de C.V. ("Simec") announced its results of operations for the sixth-month period ended June 30, 2015.

General Steel Announces the Appointment of New Chief Executive Officer

27 July 2015 - General Steel Holdings, Inc. ("General Steel" or the "Company"), a leading non-state-owned steel producer in China, announced the appointment of Ms. Yunshan Li as its Chief Executive Officer effective immediately.

Kocks Hosts "Open Day" to Present Latest Technology

27 July 2015 - On June 15, 2015 FRIEDRICH KOCKS GmbH & Co KG, Hilden / Germany organized an "OPEN DAY" to present to the industry some of their main products at their manufacturing facilities in Bremen.

MMK Investing in New Hot-Dip Galvanizing Line

27 July 2015 - Magnitogorsk Iron and Steel Works (MMK) and the SMS group (Germany) concluded a supply contract for equipment for a new continuous galvanizing line (CGL).

Italy's Lower House Votes to Keep Ilva Steel Plant Open

27 July 2015 - Reuters reports that Prime Minister Matteo Renzi won backing in parliament on 23 July to keep open the scandal-hit Ilva steel plant against the will of local magistrates in southern Italy who say it is unsafe.

SMS group Modernizes Walking Beam Furnace of ArcelorMittal Asturias

24 July 2015 - In February 2015, SMS Meer SpA, Italy, was awarded a new contract by ArcelorMittal Asturias, Spain, for the revamping of the 150-ton/hour walking beam furnace that feeds the wire rod mill.

Outokumpu Reports EUR -25 Million Underlying EBIT for Q2 2015: Improvement in Coil EMEA Not Enough to Cover Losses in Coil Americas

24 July 2015 - Outokumpu released its interim report for the second quarter of 2015 on 23 July.

EVRAZ NTMK Launches New Air Separation Facilities

24 July 2015 - EVRAZ NTMK commissioned two air separation facilities that will supply nitrogen, oxygen and argon to its blast furnace and converter shops.

EVRAZ Releases Production Report for Second Quarter of 2015

24 July 2015 - EVRAZ plc released its operational results for the second quarter of 2015 on 17 July.

Worldsteel: World Crude Steel Production Decreases 2.4% Year on Year, U.S. Production Down 8.5% From June 2014

23 July 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 136 million tonnes (Mt) in June 2015, a -2.4% decrease compared to June 2014.

Voestalpine Invests in EUR 100 Million Continuous Caster

22 July 2015 - The steel plant belonging to the international technology and capital goods group voestalpine in Linz, Austria, where the company is headquartered, is already one of the most modern of its kind in the world.

MMK Produces 600 Million Tons of Pig Iron

21 July 2015 - OJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) produced its 600,000,000th tonne of pig iron since the blast-furnace’s commissioning in 1932.

ArcelorMittal Announces Publication of Second Quarter 2015 EBITDA Sell-Side Analyst Consensus Figures on corporate.arcelormittal.com

21 July 2015 - ArcelorMittal announced their second quarter 2015 EBITDA sell-side analyst consensus figures on 20 July.

JSPL Angul and SMS Group Commission Largest High-Speed Billet Caster in India

20 July 2015 - Jindal Steel and Power Limited (JSPL) and SMS group have successfully commissioned its high-speed eight-strand billet caster at the Angul Odisha, India, plant.

POSCO Returns to Steel Roots With "Aggressive" Cutbacks

20 July 2015 - As reported by Bloomberg, Posco pledged to halve its domestic operations and cut overseas units by 30 percent as South Korea’s biggest steel producer focuses on its main business of making the metal.

AIC Installs New Medium and Small Section Mill Automation in Corpacam, Guatemala

20 July 2015 - AIC proudly announces that the new section mill, recently established in Guatemala by the Corporación Acerera Centroamericana, started production last month of February.

Tata Steel Uses Keyence Sensors for High-Accuracy Dimensional Rail Inspection

17 July 2015 - Tata Steel Rail France takes great care in inspecting the straightness of the ends of its rails so that its customers receive the straightest possible rails.

Tosyali Toyo Contracts Danieli to Supply New Hot Dip Galvanizing Line

17 July 2015 - In May 2015, Tosyali Toyo Çelik Anonim Şirketi placed a contract with Danieli to supply a new Hot Dip Galvanizing Line dedicated to the production of HSS material to be installed in their facility in Osmaniye.

Tezcan to Produce First Galvalume® Line in Turkey

17 July 2015 - Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret A.Ş. contracted Danieli Wean United to supply a new galvanizing line dedicated to Al-Zn production and new X-Jet Air Wiping Equipment for existing HDGL to be installed in their facility in Kocaeli, Turkey.