Steel News

ArcelorMittal Blast Furnace to Return to Service, But Other Outages Planned

10 January 2020 - ArcelorMittal intends to put an idled blast furnace back into service at its Gijón plant in northern Spain, but will halt other production lines this quarter in order to cope with lower demand, reports Kallanish Steel.

Court Allows Ilva Blast Furnace to Remain in Service

10 January 2020 - The No. 2 blast furnace at ArcelorMittal’s Ilva steel works in Italy can keep operating, an Italian court has ruled, according to reports.

Liberty Announces Layoffs at U.K. Mills

10 January 2020 - Citing challenging market conditions, Liberty Steel Group will lay off up to 355 employees at its U.K. mills in South Yorkshire and South Wales, the company has said.

China’s No. 1 Steelmaking Region Announces Additional Capacity Cuts

07 January 2020 - China’s top steel-producing province aims to reduce capacity by 14 million metric tons this year, reports Xinhua, China’s state-run news agency.

Chinese Steelmaker Could Become the World’s Largest Producer

06 January 2020 - China Baowu Steel Group could potentially surpass ArcelorMittal as the world’s largest steelmaker if it completes a deal to take a controlling stake in Chongqing Iron and Steel.

Tenaris Completes Acquisition of IPSCO Tubulars

03 January 2020 - Tenaris S.A. has finalized its US$1.07 billion acquisition of IPSCO Tubulars Inc. and has signed a new distribution agreement with IPSCO parent PAO TMK, the company announced.

POSCO Developing Precision Location Tag

02 January 2020 - A POSCO research and development subsidiary is partnering with two tech firms to develop a location-tracking tag to be used in its plants.

Monnet Ispat Eyes Restart

02 January 2020 - Indian steelmaker Monnet Ispat & Energy is to resume steel production this month following an extended outage for maintenance and upgrades, according the Business Standard newspaper.

Waelzholz Group Looks to Grow Sales in China, Mexico

30 December 2019 - German cold roller Waelzholz Group is expanding its cold mill in China and has established a Mexican sales subsidiary, the company reports.

Nippon Steel Nisshin to Halt Blast Furnace

26 December 2019 - Nippon Steel Nisshin Co. Ltd. plans to bank a blast furnace in southern Japan next year, saying that a slowing market and other factors necessitated the move.

Danieli Upgrades EAF at Acciaierie Fonderie Cividale

23 December 2019 - Danieli Automation has completed an upgrade to Acciaierie Fonderie Cividale’s 35-metric-ton AC electric arc furnace in Italy, the equipment supplier announced.

ArcelorMittal Agrees to Continue Ilva Negotiations

20 December 2019 - ArcelorMittal and the Italian government have reached a non-binding agreement on a new path forward for the Ilva steel works and will continue to negotiate a new industrial plan, the company said Friday.

ArcelorMittal Nippon Steel India Establishes Board and Executive Management

18 December 2019 - The newly established joint venture between ArcelorMittal and Nippon Steel, ArcelorMittal Nippon Steel India (AMNSI), has announced its management structure, according to news site SteelGuru.

Stelco CFO to Step Down in January

18 December 2019 - Stelco has announced that its chief financial officer (CFO) Don Newman will resign from his position on 5 January 2020, citing personal family reasons.

SMS Group Earns Final Acceptance Certificate for Ultrawide Slab Caster

17 December 2019 - China’s Shandong Iron & Steel Group Co. Ltd. has issued the final acceptance certificate on its new ultrawide slab caster, reports the machine’s builder, SMS group.

ArcelorMittal, Nippon Steel Look to Expand Essar Steel

16 December 2019 - ArcelorMittal and joint venture partner Nippon Steel Corp. have finalized their acquisition of Essar Steel India Ltd., completing a deal that gives both a foothold in the growing Indian steel market.

NLMK Lights Rebuilt Blast Furnace

16 December 2019 - NLMK has blown in a rebuilt blast furnace at its Lipetsk plant, concluding a project that began in May, the project contractor has announced.

Here’s How Much Steel China is Forecast to Have Produced in 2019

12 December 2019 - China’s crude steel production is expected to reach 988 million metric tons this year, but decline slightly in 2020, according to the Reuters news service.

POSCO, HBIS Set Framework Agreement for Chinese JV

12 December 2019 - Asian steel majors POSCO and HBIS Group have signed a memorandum of understanding (MOU) on an automotive steel joint venture.

Report: Big River, Liberty Steel Eye Electrical Steel Plant

12 December 2019 - Tata Steel Europe will mothball rather than permanently close its electrical steel plant in Wales while two potential buyers, one of which is said to be Big River Steel, kick the tires on the facility, according to the South Wales Argus newspaper.