Steel News

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.

Italian Plant Receives Danieli Bar Finishing Line

11 December 2019 - Italian engineered bar maker Acciaierie Venete has commissioned a patented finishing mill from Danieli, the equipment supplier has said.

Paul Wurth Lands Order for Coke Battery Equipment

11 December 2019 - SMS group’s Paul Wurth subsidiary has been contracted to supply the pressure control system for two new coke oven batteries in China.

thyssenkrupp Shakes Up Executive Board With New Appointments

09 December 2019 - In a press release last week, thysskenkrupp Materials Services announced two significant changes to its executive board.

Liberty Steel Announces Two Senior Appointments in Its European Business Unit

09 December 2019 - Pascal Genest was appointed chief executive of Liberty Ostrava, part of GFG Alliance’s Liberty Steel Continental Europe, the company has announced.

Gerdau Partners With SKF for Maintenance Services

06 December 2019 - Gerdau SA has signed a fee-based agreement with bearings and seals maker SKF for parts and remote maintenance services at two of its mills.

Vale to Exit Brazilian Joint Ventures

05 December 2019 - Iron ore producer Vale plans to withdraw from its steel plant joint ventures in Brazil, choosing instead to focus on its mining operations, reports news and commodities pricing service S&P Global Platts.

SMS-Built Crimping Press Enters Service

05 December 2019 - voestalpine Tubulars has started up a new three-die crimping press on its cross piercing elongating line in Austria, according to machine builder SMS group.

Gerdau Acquires Brazilian Mill

02 December 2019 - Gerdau S.A. has further expanded its reach in Brazil with the purchase a majority stake in Siderurgica Latino Americana S.A. (SILAT), the steelmaker announced last week.

Paul Wurth Wins Contract for German Blast Furnace Modification

27 November 2019 - Germany’s Roheisengesellschaft Saar mbH is converting its two operating blast furnaces to burn coke oven gas as a precursor to adopting hydrogen ironmaking.

ArcelorMittal Mills Seek New Sustainability Credential

27 November 2019 - All of ArcelorMittal’s European flat-rolled facilities will begin working to obtain a new sustainability certification developed by ArcelorMittal and others, the company has announced.

EU Suspects Chinese Circumvention of Anti-Dumping Measure

27 November 2019 - The European Commission has launched an inquiry into whether Chinese exporters are circumventing anti-dumping duties on corrosion-resistant steel.

Russian Scientists Declare Success in New Steel Trial

27 November 2019 - A research team at Russia’s National University of Science and Technology (NUST MISIS) has developed a new corrosion-resistant steel grade designed for oil pipelines.

ArcelorMittal to Re-Enter Talks on Ilva

25 November 2019 - ArcelorMittal has agreed to attempt to negotiate a solution for Ilva, one of Europe’s largest steel producers and Italy’s largest steel plant, according to reports.

Severstal Spends RUB1 Billion on Pipe Mill Modernization

25 November 2019 - Russian steelmaker Severstal has spent RUB1 billion (US$15.6 million) to modernize its Izhora large-diameter pipe mill.

TMK Sees Revenue Dip in First Three Quarters of 2019

20 November 2019 - Revenues at Russian oil country tubular goods maker PAO TMK declined 4% through the first nine months of 2019 on account of reduced sales in North American and Europe, the company said Wednesday.

Chinese Steelmaker Installs Danieli Bar Mill

20 November 2019 - China’s Yunnan Qujing Chenggang Steel Products is readying a new, high-speed, 1.2-million-metric-ton bar mill, according to the equipment supplier on the project.

Leaning Into Market Headwinds, Tata Steel Europe Proposes Major Restructuring

19 November 2019 - Tata Steel Europe plans to eliminate up to 3,000 jobs and boost sales of higher-value steels part of a broad restructuring brought about by a soggy European market.