Steel News

Gupta Looks to Make Smaller Deals, and More of Them, in India

21 August 2020 - Having lost out in the bidding on several large stressed steel assets in India, industrialist Sanjeev Gupta is setting his sights on smaller plants, reports the Bloomberg news service.

Registration Opens for Two Signature AIST Events

20 August 2020 - Retired Nucor Corp. chief executive John Ferriola is set to receive one of AIST’s highest honors, and his successor will deliver a key address to the Association during a special event next month.

Fortescue Agreement Builds on Renewable Hydrogen Investment

20 August 2020 - Australian iron ore miner Fortescue Metals Group and two other organizations have agreed to work together on further developing hydrogen technology.

CISDI-Built Universal Mill Readied for Service

20 August 2020 - China’s Hebei Yongyang Special Steel is preparing to commission a new universal light rail rolling mill at its plant in Handan City, according to project contractor CISDI.

SAIL Facility Breaks Production Record

20 August 2020 - An SMS group-built basic oxygen furnace has set a new Indian steel production record, producing 48 heats in 24 hours, the equipment supplier reports.

China Steel Output Sets New Record in July

14 August 2020 - China’s crude steel production rose 1.9% in July, reaching a record 93.36 million metric tons, reports commodities news and pricing service Argus.

LIBERTY Steel Adds Two French Mills to Portfolio

14 August 2020 - LIBERTY Steel Group has acquired the Hayange rail mill and Ascoval steel works in France, giving the facilities a new lease on life.

NLMK Develops Electrical Steel for Wind Farms

13 August 2020 - Russian steelmaker NLMK has developed a non-oriented electrical steel for use in wind-power generating equipment, the company reports.

thyssenkrupp Investing in New Slab Reheat Furnace

12 August 2020 - thyssenkrupp has revealed plans to replace a hot strip mill reheat furnace, its first project under a new initiative to optimize its steel plants.

HYBRIT Reports Early Successes in Fossil-Fuel-Free Pellet Trials

06 August 2020 - Swedish iron ore miner LKAB is so far seeing successful results as it trials several heating technologies for iron ore pellet production, a new milestone on the path to create a fossil-fuel-free pellet.

Danieli Tapped for Slab Caster Improvement Project

30 July 2020 - Danieli has been contracted to extend a thin-slab caster at a Russian steel works, a project that will complement installation of a new meltshop, Danieli has announced.

Baosteel Gives Thumbs Up on New Dummy Bar System

30 July 2020 - Baosteel has given final acceptance of a new dummy bar feeding system installed on a caster at its Shanghai works, reports project contractor Primetals Technologies.

ArcelorMittal Reports Q2 Loss, but Sees Demand Starting to Rebound

30 July 2020 - ArcelorMittal lost US$559 million in the second quarter as the COVID-19 pandemic drove down steel demand around the world.

Tata Steel Tightens Embrace of Industry 4.0

30 July 2020 - Tata Steel is targeting EBITDA improvements totaling US$2 billion over the next several years by further adoption of Industry 4.0 technologies, the (India) Economic Times reports.

Zenith Steel Signs CISDI for Bar Mill Build

29 July 2020 - CISDI Group Co. Ltd. has been contracted to build a highly automated bar and wire rod mill for China’s Zenith Steel Group, the engineering and technology provider reports.

SMS group Wins Order for Heavy Plate Mill

29 July 2020 - SMS group has received an order from Shanxi Taigang Stainless Steel Co. Ltd. for a 4.3-m heavy-plate mill, the equipment manufacturer has announced.

Vietnamese Steelmaker to Stop US$10 billion Project

28 July 2020 - The Hoa Sen Group is withdrawing from the US$10 billion Ca Na Steel Project, saying the proposed mill no longer fits with its growth strategy, reports The Saigon Times.

Tata Steel Scrap Facility Accepts First Deliveries

28 July 2020 - Tata Steel has planted a flag in the steel recycling business, with a new scrap facility accepting its delivery of ferrous material.

SAIL Announces Addition to Product Mix

22 July 2020 - The Steel Authority of India Ltd. (SAIL) has expanded its product know-how, producing for the first time a type of stainless steel that’s generally unavailable from domestic manufacturers.

Renewed Funding Gives Australian R&D Consortium Another Five Years

22 July 2020 - A university-led, Australian steel research group has secured AU$28.4 million in new funding, allowing it to operate for another five years.