Steel News

NLMK Opens Gas Recovery Plant

15 July 2019 - NLMK Group has put a RUB4.6 billion (US$73.4 million) by-products recovery plant into service at its Lipetsk site in Russia, the steelmaker has said.

Salzgitter Greenlights New Galvanizing Line, Signs SMS group to Project

11 July 2019 - Salzgitter AG will proceed with the installation of a third galvanizing line at its Salzgitter Flachstahl mill and has chosen SMS group to build it, the company announced Thursday.

Primetals Technologies Sees Increasing Demand for Caster Optimization Packages

11 July 2019 - Primetals Technologies has reached a new sales milestone, signing a contract to install its 150th level 2 process automation package for continuous casters in the last 10 years.

Danieli Inks Contracts for Rolling Mill, EAF Packages

11 July 2019 - Two Chinese steel producers have placed separate orders with Danieli for a new rebar mill and a scrap charging technology package.

Chinese Steelmaker Implements New Production Management System

09 July 2019 - China’s MaSteel has gone live with a new production management system that will coordinate activity on 50 lines at five plants, according to the system vendor, PSI Group.

SMS group, Voith Team Up to Create IoT Solutions

09 July 2019 - Industry suppliers SMS group and Voith have struck up a partnership to cooperatively develop Industrial Internet of Things platforms.

voestalpine CEO Formally Hands Off Baton to Successor

08 July 2019 - voestalpine veteran Herbert Eibensteiner has taken the reins as the company’s new chief executive officer (CEO) and management board chairman.

Potential Buyers Lining Up to Acquire British Steel

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper.

Global Steelmaking Capacity Could Grow as Much as 5% by 2021

02 July 2019 - Global steelmaking capacity declined slightly in 2018, but projects that are underway now or have been proposed could bring about more than 100 million metric tons of new capacity over the next three years, according to Organisation for Economic Co-operation and Development.

Liberty Finalizes Acquisition of European Mills

02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan

27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.

Danieli Awarded Bar Mill Contract, Completes Upgrade to Wire Rod Plant

27 June 2019 - China's Minyuan Iron & Steel Group has ordered a high-speed, high-capacity rebar mill from Danieli, the equipment supplier has announced.

Tata Steel Caster Set for Upgrade

24 June 2019 - Tata Steel Ltd. has signed SMS group to upgrade the continuous caster at its Compact Strip Production mill in Jamshedpur, India, the equipment supplier has said.

ArcelorMittal Progresses on New Steel CSR Certification

24 June 2019 - ArcelorMittal said Monday that it expects to launch its new corporate social responsibility certification by the end of the year.

Softening Demand Forces U. S. Steel to Idle Blast Furnaces

19 June 2019 - United States Steel Corporation is idling three blast furnaces — two in the U.S. ¬— on account of receding demand.

Jindal: Urbanization Will Generate Big Growth in Indian Steel Demand

18 June 2019 - India will need more than 300 million tons of steelmaking capacity to support a forecasted rise in steel demand over the decade, said JSW Steel chairman and managing director Sajjan Jindal.

Mittal: EU Must Take Further Measures in Wake of Steel Tariffs

13 June 2019 - ArcelorMittal chief executive Lakshmi Mittal says the European Union needs to further protect the domestic steel market from imports that are being deflected by U.S. President Donald Trump’s steel tariffs.

EU Says No to Tata, thyssenkrupp Deal

13 June 2019 - The European antitrust regulators have blocked thyssenkrupp and Tata Steel’s proposed European joint venture, officially ending a deal the companies decided to scrap last month.

SAIL to Replace Three Converters at Steel Works

06 June 2019 - The Steel Authority of India Ltd. has contracted SMS group for three new converters at its Durgapur works.

Citing Softening Demand, ArcelorMittal Furloughs Italian Workers

06 June 2019 - ArcelorMittal Italia is temporarily laying off approximately 1,400 workers amid weakening demand and heightened competition from imported steel, the company has announced.