Steel News

China Steel Production Could Reach Record Level in 2018

10 December 2018 - A government consultancy is forecasting China’s crude steel production to reach a record 923 million metric tons this year, reports the Reuters news service.

Primetals Technologies to replace a second CAP ACERO converter

06 December 2018 - Compania Siderurgica Huachipato S.A. (CAP ACERO) has awarded Primetals Technologies a follow-up order to replace LD (BOF) converter #1 in its Talcahuano, Chile works following Primetals Technologies’ successful start-up of converter #2 in May 2018.

ArcelorMittal Plant Turns Old Stoves to Steel Bike Racks

05 December 2018 - ArcelorMittal Poland’s Kraków plant is participating in a local civic program intended to promote cycling and cleaner air.

Italian Long Products Maker Brings New Wire Rod Mill On-Line

05 December 2018 - Italy’s Pittini Group has rolled the first coil on a new high-speed wire rod mill at its Acciaierie di Verona plant.

Chinese Steelmakers Sign Cooperation Agreement With Fives

27 November 2018 - Industrial equipment maker Fives has signed US$150 million worth of cooperation agreements with a variety of Chinese manufacturers, including Baowu Steel Group, Benxi Steel Group and Fujian Special Steel, the company reports.

Tenova to Upgrade Vietnamese EAF

27 November 2018 - Tenova has won a contract to outfit a Consteel electric arc furnace in Vietnam with new technology that will allow the furnace to also accept hot metal from a blast furnace.

Report: South Korean Steelmaker Exploring Potential Indian JV

27 November 2018 - Rashtriya Ispat Nigam Ltd. (RINL) has had some early discussions with Hyundai Steel about the possibility of setting up a joint-venture mill in India, reports the Business Standard newspaper.

Section 232 Tariff Battle Enters a New Phase

21 November 2018 - The international dispute over the Trump administration’s Section 232 tariffs on steel and aluminum has ratcheted up, as opposing countries confirmed on Wednesday they will move to begin adjudication proceedings, the Reuters news service reports.

Chinese Steel Production Sets New Monthly Record

14 November 2018 - China in October produced more steel than did the United States in all of 2017 as mills increased output in advance of mandated wintertime production cuts, according to new production statistics.

Tata Steel Launches Second Phase of Construction on Steel Works

13 November 2018 - Tata Steel has broken ground on an expansion of its new Kalinganagar works, a US$3.25 billion project that is expected to take four years to complete.

Italian Steelmaker Certifies Newly Installed EAF

13 November 2018 - Primetals Technologies said it has received the final acceptance certificate on a 150-ton electric arc furnace it built for Italy’s Acciaieria Arvedi S.p.A.

voestalpine Signs Off on New Slab Caster

13 November 2018 - voestalpine has issued the final acceptance certificate on a new Danieli slab caster installed at its Linz works in Austria.

Gupta Pledges Multi-Million-Euro Investment in Romanian Steel Works

12 November 2018 - Sanjeev Gupta’s Liberty House Group is promising to invest EUR300 (US$337 million) in a Romanian steel works it is acquiring from ArcelorMittal, according to a Romanian publication.

Baosteel Fires Up 200K-Metric-Ton Tinning Line

12 November 2018 - China’s Baoshan Iron and Steel Co. Ltd. has started up a new, highly automated electrolytic metallic coating line at its facility in Shanghai, according to the equipment supplier.

Usha Martin Shareholders OK Tata Sale

12 November 2018 - Shareholders of Indian wire rope manufacturer Usha Martin Ltd. have signed off on Tata Steel’s planned acquisition of the business, The Hindu Business Line newspaper reports.

POSCO Contracts SMS group for Wire Rod Mill Improvements

12 November 2018 - SMS group has been awarded a contract to upgrade the wire rod mill at POSCO’s Pohang works in South Korea, the equipment supplier has announced.

Trade Group: Section 232 is Producing Intended Results

08 November 2018 - The Section 232 steel and aluminum tariffs have driven US$8.2 billion in capital investments and have allowed for the creation or restoration of around 7,000 jobs, the president of the Alliance for American Manufacturing trade group said Thursday.