Steel News

Primetals Technologies Awarded Contract for Wire Rod Mill

08 April 2020 - China’s HBIS Shijiazhuang Iron & Steel Co. Ltd. expects to start a new wire rod mill in the Hebei province late this year, reports mill equipment maker Primetals Technologies.

Slag Is a Useful Byproduct. These Researchers Think It Has Even More Potential.

08 April 2020 - Researchers at Australia’s RMIT University said they might have found a way to improve the utility of slag as a concrete aggregate, research that could strengthen steel’s role in the circular economy.

USIMINAS Sets COVID-19 Curtailments

06 April 2020 - Brazilian integrated producer Usinas Siderurgicas de Minas Gerais SA (USIMINAS) is shutting down two blast furnaces and halting other operations due to falling demand.

EUROFER Seeks More Stringent Import Measures

06 April 2020 - The European Steel Association (EUROFER) is calling on the European Commission to tighten steel import safeguard measures as the new coronavirus wipes out demand, reports Kallanish Commodities.

Turkish Producer Signs FAC for New Annealing Furnaces

06 April 2020 - Turkish steelmaker Atakaş has issued the final acceptance certificate for six new Danieli-built bell annealing furnaces installed at its Iskenderun plant.

ArcelorMittal Brings Its Resources to Bear in Fight Against Pandemic

03 April 2020 - With certain basic medical gear supplies in short supply, the world’s largest steelmaker is using its global reach to help medical professionals continue to do their jobs.

Chinese Mill Upgrades Caster Automation, Plant Controls

31 March 2020 - China’s Baoshan Iron & Steel Co Ltd. has commissioned a new integrated control center (ICC) to run a casting plant at its Shanghai steel works.

Indian Steel Producers Face Lower Demand

31 March 2020 - The COVID-19 pandemic and national lockdown will weaken India steel demand in India and could lead to an inventory build-up that pressures prices downward, reports the IANS news service.

Danieli Wins Contract for Galvalume Line

31 March 2020 - Danieli has received an order for a continuous Galvalume® line from Bangladeshi strip processor Abul Khair Strip Processing, the equipment supplier has announced.

An Aging Population, Other Market Challenges Force JFE Steel to Resize

30 March 2020 - JFE Steel will permanently close a blast furnace in southeastern Japan as part of a plan to consolidate operations and refocus on key products, the company has announced.

SSAB Begins Layoff Negotiations

30 March 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.

ArcelorMittal Brazil to Idle Blast Furnace

30 March 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts.

Indian Steel Producers Set COVID-19 Curtailments

26 March 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown.

thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments

25 March 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced.

voestalpine Idles Blast Furnace; Closes Global Sites

25 March 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.

Primetals Technologies Announces Start of New Pickling Line

25 March 2020 - China’s Shougang Jingtang United Iron & Steel Co. Ltd. has started up a new continuous pickling line built by Primetals Technologies.

Paul Wurth: Reline Complete at Dillinger Hüttenwerke BF

25 March 2020 - Paul Wurth recently finished a modernization of the slag granulation plant at AG der Dillinger Hüttenwerke (Dillinger).

February Sees Crude Steel Output Increase

23 March 2020 - Global crude steel production rose 3.1% in February 2020 to approximately 143.7 million metric tons, according to the World Steel Association.

thyssenkrupp Appoints Permanent Chief Executive

23 March 2020 - thyssenkrupp interim chief executive Martina Merz has been given the job on a permanent basis, the steelmaker has announced. In a statement, thyssenkrupp said Merz will begin a three-year contract on 1 April.

Report: Excess Steel Inventory Poses Major Challenge to Chinese Producers

23 March 2020 - China’s steel market will have to confront a crushing tidal wave of steel that is sitting in inventory and likely to put tremendous pressure on prices this spring, reports commodities news and pricing service S&P Global Platts.