Steel News

POSCO Plans Multibillion Investment in Steel Plants

04 September 2018 - The world’s fifth-largest steelmaker said it is planning to invest the equivalent of US$23.2 billion in its steel plants over the next five years as part of a broader capital spending program.

Primetals Technologies Bags Order for Wire Rod Mill

04 September 2018 - JSW Steel has awarded a contract to Primetals Technologies for a new wire rod mill to be built at the steelmaker’s Vijayanagar works in India.

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 - thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

With Divestment of Australian Mine, Cleveland-Cliffs Returns Focus Entirely to North America

30 August 2018 - Iron ore miner Cleveland–Cliffs Inc. has finalized the sale of its Australian iron ore business, fully re-establishing itself as a regionally focused player in North America.

Fall Claims Life of AIST Distinguished Member

29 August 2018 - Leading steel researcher and noted AIST member Dr. Bruno Charles De Cooman died Wednesday after he reportedly fell from a window in his Moscow apartment building.

Sanjeev Gupta Wants to Buy a Shipyard – Where He'll Melt Ships in a Furnace

27 August 2018 - Steel entrepreneur Sanjeev Gupta, whose Liberty House has been buying up distressed assets in the U.S. and the U.K., has his sights on another target – a failing shipyard in India.

SMS group Scores Contract for Plate Mill Upgrade

24 August 2018 - Denmark’s NLMK DanSteel has awarded a contract to SMS group to overhaul its heavy plate mill, the equipment manufacturer has announced.

Tata Steel Works Starts Up New Cooling System

24 August 2018 - Tata Steel Europe’s Port Talbot facility in Wales expects to gain 150,000 metric tons of annual capacity from new equipment installed on the hot strip mill, according to an announcement from Primetals Technologies.

ArcelorMittal Decides to Proceed With US$330M Plant Expansion

22 August 2018 - ArcelorMittal Brazil is dusting off plans for a long-shelved expansion of its sheet processing facility in state of Santa Catarina, saying that there is finally enough demand to support the automotive-oriented project.

China Appeals to Provinces to Support Capacity Reduction, Eradicate “Zombie” Companies

21 August 2018 - The federal government of China has increased pressure on local governments to abide by capacity-reducing measures and efforts to eliminate so-called “zombie enterprises,” according to the Reuters news service.

Severstal Orders New Coking Coal Test Oven

20 August 2018 - Russian steelmaker PAO Severstal will install a new coal test oven at its Cherepovets facility, according to the equipment supplier.

Honda Employs Advanced High-Strength Steel in New Kei Car Design

20 August 2018 - Honda has begun selling a kei car called the N-Van, and it has a novel feature: it lacks a left-side center pillar.

Project Aims to Improve Energy Recovery at Cogen Plant

08 August 2018 - A Polish cogeneration plant is installing a pair of energy recovery turbines in between blast furnace flues and the cogen plant itself, essentially putting the exhaust gases to work twice.

This Mill Once Faced Permanent Closure. Now It’s Growing.

08 August 2018 - A Scottish plate mill that was rescued from closure by Sanjeev Gupta's Liberty Steel is now on track to produce more than 120,000 metric tons this year, and even more in the following year, reports The Scotsman newspaper.

Heat Wave Forces Some Chinese Producers to Chill on Steel Production

06 August 2018 - A power shortage brought on by a heat wave has prompted production curtailments at some mills in China’s leading steelmaking province, according the Reuters news service.

China Might Again Order Steel Production Cuts

03 August 2018 - China is drafting its emissions-reductions measures for the coming winter heating season and may require steel mills in six major steel cities to curtail production by 50%, according to the Reuters news service.

Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company

02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump.

Third-Gen Automotive Steels Have Arrived

02 August 2018 - Third-generation steels that are at once strong and formable are now being sold into the automotive market and can readily substitute components made from earlier advanced steels with lower tensile strengths, reports Repairer Driven News.

Primetals Technologies, Danieli Tapped for Caster Improvements

02 August 2018 - Two Italian steelmakers are upgrading continuous casters in a bid to increase capacity and improve product quality, according to separate announcements from the equipment suppliers on the projects.

Severstal Plans Stamp Charged Coke Plant

30 July 2018 - Coke oven and blast furnace specialist Paul Wurth has won a contract to build two stamp-charged coke batteries for Severstal’s Cherepovets steel works in Russia, the company has announced.