Steel News

VINA Kyoei Steel Receives Upgraded Fume System From Tenova

06 November 2019 - Tenova subsidiary Tenova Goodfellow Inc. has commissioned a new "peak shaving" exhaust-cooling system at VINA Kyoei Steel in Vietnam, the company announced recently.

Steel Associations Praise Effort to Continue International Forum on Excess Capacity

31 October 2019 - Sixteen steel industry associations are applauding a decision to continue the work of an international body aimed at reducing excess capacity even as it is set to dissolve this year.

EUROFER Expects Weak Steel Demand Through Remainder of 2019

31 October 2019 - The downturn in European steel demand is likely to persist through the end of this year and into 2020, according to a new forecast from the European Steel Association.

Gupta Family Steel Mills to Unite Under One Flag, Liberty Steel Group

29 October 2019 - Sanjeev Gupta’s GFG Alliance will consolidate its steel operations into a single, global entity with 18 million metric tons of rolling capacity, Gupta announced Tuesday.

Vietnamese Steelmaker Signs Off on New Cold Mill

29 October 2019 - Pomina Flat Steel, a subsidiary of Pomina Steel Group, has signed the final acceptance certificate for its new cold mill complex in Ba Ria - Vung Tau, Vietnam.

Report: Salzgitter to Idle Blast Furnace

28 October 2019 - Germany’s Salzgitter AG has become the latest European steelmaker to curtail production on account of the market downturn , reports commodities news and pricing provider Argus Media.

A Window Closes For One British Steel Bidder, But Opens for Others

28 October 2019 - Officials from China’s Jingye Group are to visit British Steel this week after the company’s court-appointed receiver and the preferred bidder failed to reach a sales agreement during a 10-week exclusivity period, reports the (London) Financial Times.

Paul Wurth Completes First of Three Hot Stove Upgrades for Russian Mill

28 October 2019 - The first phase of a stepwise technical upgrade to the hot stoves serving a blast furnace at EVRAZ’s ZSMK Works has been completed and the second phase is under way, reports the Paul Wurth Group.

Harsco Environmental to Serve as Pilot Customer for New Autonomous Hauler From Volvo Construction Equipment

24 October 2019 - Volvo Construction Equipment (Volvo VE) has a new autonomous battery-electric hauler and Harsco’s environmental division (HE) will be the first to use it.

Paul Wurth Bags Order for Blast Furnace Hearth Reline

24 October 2019 - Třinecké Železarny in the Czech Republic has awarded a contract to Paul Wurth for the complete reline of its No. 6 blast furnace hearth.

worldsteel Recognizes Safety and Health Excellence

24 October 2019 - The World Steel Association (worldsteel) today recognized six steel-producing companies around the world for their safety and health improvements over the past year.

Global Steel Industry Groups Call for Action on Excess Capacity Crisis

24 October 2019 - Nineteen steel industry associations across the world this week called for the governments of steelmaking economies to boost their efforts in tackling persistent global excess steel capacity.

Sinosteel Acquires Australian Iron Ore Project

23 October 2019 - Mitsubishi Corp. is selling a nearly AUD$10 billion iron ore project and associated rail and port project to China’s Sinosteel, a development that could give Western Australia its next major iron ore exporting region.

Report: Tata Steel Plans to Cut 2,500 Jobs in Europe

23 October 2019 - Tata Steel Europe reportedly will eliminate 2,500 jobs in an effort to reduce costs in its European operations, India’s Business Standard newspaper reports.

Liberty House Revisits Bid for British Steel

23 October 2019 - Sanjeev Gupta’s Liberty House Group has renewed discussions about taking over financially troubled British Steel, the U.K.’s second-largest steel producer, according to Sky News.

ArcelorMittal Adds New 3rd Gen Grade to AHSS Lineup

22 October 2019 - The world’s largest steelmaker has expanded its Fortiform line of advanced high strength steels, launching sales of a new, coated grade that can be used in a variety of exposed and nonexposed applications.

ABB Wins Order From Stainless Manufacturer

22 October 2019 - Chinese stainless producer the Ningbo Baoxin Stainless Steel Co. Ltd. has awarded a contract to ABB to provide the art electrification and control systems on a new cold mill.

Danieli Completes Upgrades to Croatian Steel Plant

22 October 2019 - Acciaierie Bertoli Safau’s Sisak plant in Croatia recently upgraded its special steel meltshop with a Danieli Automation Q-One power system, Danieli has said.

World Steel Association: Global Steel Demand Up, But Declining in Most Regions

17 October 2019 - The World Steel Association has revised down its biannual demand forecast for most of the world’s regions, but is nevertheless projecting demand to rise globally on the strength in the Chinese construction market.

NLMK DanSteel Launches In-House Service Center

14 October 2019 - Danish steel plate manufacturer NLMK DanSteel has opened an on-site service center to provide pre-fabrication services for its European customers, the company has announced.