Steel News

Voith, Moog Launch New JV

11 May 2020 - Electric and hydraulic drives manufacturers Voith Group and Moog Inc. are forming a joint venture that will focus on hydrostatic servo-hydraulics.

ArcelorMittal: China’s Excess Steel Inventory Hasn’t Hit the World Market

11 May 2020 - China so far appears to be absorbing the massive steel volumes that piled up during its COVID-19 lockdown, alleviating some of the fears that its excess steel would flood world markets, ArcelorMittal executives said.

Big Parts, Big Plans: Equipment Deliveries Begin for Strip Mill Upgrade

07 May 2020 - NLMK Group’s La Louvière plant has begun receiving major components for its EUR150 million hot strip mill upgrade, the steelmaker reports.

Tata Steel Leads U.K. Decarbonization Effort

06 May 2020 - With the goal of creating the world’s first net-zero industrial cluster, Tata Steel is a leading member of the South Wales Industrial Cluster (SWIC), working to shape regional efforts to decrease carbon emissions.

Turkish Mill Signs PSIMetals for MES Upgrade

06 May 2020 - Turkish flat and long steel producer Metalurji A.Ş. has contracted PSIMetals to upgrade its manufacturing execution system (MES), the metals production management software developer announced.

Tata Steel Leaves Steel Association

04 May 2020 - Tata Steel is withdrawing from the Indian Steel Association and the company’s chief executive is resigning his post as the association’s president, according to reports.

Italian Steelmaker Installs Automated Tagging System

04 May 2020 - Italy’s Automazioni Industriali Capitanio (AIC) has wrapped up installation of a new bundle tagging system for rebar maker Ferriera Valsabbia.

Tenaris Begins Restart of Italian Plants

01 May 2020 - Pipe and tube maker Tenaris is gradually restarting its Italian operations, but with strict safety measures firmly in place, the company reports.

Coronavirus Intensifies Debate Over EU Steel Import Limits

01 May 2020 - The coronavirus pandemic has changed the backdrop of the debate over the EU’s steel import safeguard measures and will raise the stakes in a review of the measure’s import limits, reports the Bloomberg news service.

Report: Process Route Decisions Loom for European Steelmakers

30 April 2020 - To meet the European Union’s 2050 carbon neutrality goal, the European steel industry will have to make some very big and very expensive technology investment decisions in the next five to 10 years, according to a new report from the German strategy consultant Roland Berger.

As China’s Economy Reopens, Steel Inventories Begin to Fall

30 April 2020 - China has started to work down its record steel inventories that built up during the country’s coronavirus lockdown, according to the World Steel Association.

Gerdau Certifies Danieli-Led Furnace Upgrade

30 April 2020 - Gerdau has signed off on an upgrade to a furnace at its Divinopolis plant in Brazil, reports Danieli, the project contractor.

POSCO Commissions New Coiler at Hot Strip Mill

28 April 2020 - POSCO’s Gwangyang works in South Korea recently wound the first coils on a newly installed coiler at its No. 4 hot strip mill.

Ovako Successfully Heats Steel in Hydrogen-Fueled Furnace

28 April 2020 - Sweden-based engineering steel producer Ovako has successfully trialed the use of hydrogen as combustion source in a production furnace, marking an industry first, the company reports.

Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel

28 April 2020 - The Nikkei Asian Review is calling it: Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker.

Steel Production Fell in March. Here’s How Much.

27 April 2020 - Global crude steel production fell approximately 6% in March, but a more precise reading won’t be available for another month, according to the latest production tally from the World Steel Association.

MMK Contracts Danieli for EAF Technology Suite

24 April 2020 - Russia’s Magnitogorsk Iron & Steel Works (MMK) is outfitting its No. 2 electric arc furnace with Danieli’s Q-MELT process control technology, the equipment supplier has announced.

CISA Expects Chinese Steel Demand to Pick Back Up

23 April 2020 - The China Iron and Steel Association is predicting a “remarkable” second-quarter rebound as industry ramps back up following the country’s coronavirus lockdown, reports Asia Times Financial.

Primetals Technologies Gets the Nod for New Tandem Cold Mill

21 April 2020 - Primetals Technologies has bagged an order for a 6-stand tandem cold mill to be built in China’s Hebei province, the company announced Tuesday.

Tenova Announces Business Reorganization, Leadership Changes

20 April 2020 - Metals and mining equipment manufacturer Tenova is reorganizing, naming Roberto Pancaldi as the company’s chief executive officer and appointing former chief executive Andrea Lovato to the helm of its TAKRAF mining and bulk materials handling equipment business.