Steel News

Millett: Recent Mill Investments Will Help Keep Industry Competitive

18 June 2019 - Steel Dynamics Inc. chief executive Mark Millett swatted down criticisms of the U.S. steel industry’s recent spate of capital investments, saying that revitalizing assets and implementing new technologies is critical to surviving in a global marketplace.

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.

China Iron & Steel Association Urges ‘Rational’ Output

04 June 2019 - The China Iron and Steel Association is calling for restraint as mills produce at record levels amid concerns over slowing demand, the Reuters news service reports.

ArcelorMittal Announces New Production Cuts

29 May 2019 - The world’s largest steelmaker on Wednesday announced new production curtailments in Europe, citing weak demand and competition from imports.

Danieli Cold Mill Reaches Performance Milestone

10 May 2019 - Turkish steel processor Yildiz Demir Çelik has achieved an annual production rate of more than 1.5 million tons on its new cold mill complex, an amount that exceeds the contracted equipment output, Danieli tells AIST Steel News.

Rising Imports Force ArcelorMittal to Curtail Production

06 May 2019 - ArcelorMittal is throttling back its European flat steel production by 3 million metric tons, citing what it called an unprecedented rise in steel imports as well as increasing costs for carbon allowances under the EU’s carbon emissions trading plan.

Nucor Eyes November Start for Rebar Mill

02 May 2019 - Nucor Corp. is aiming to open its Missouri micro-mill this fall and is hiring to fill three shifts, reports KDRO-AM radio in Sedalia.

Fortescue CEO Sees Chinese Steel Production Rising This Year

11 April 2019 - China’s crude steel production potentially could grow to more than 950 million metric tons this year, according to the chief executive of iron ore miner Fortescue Metals Group.

Chinese Mills Should Throttle Back Production, Industry Official Says

01 April 2019 - The chairman of the China Iron & Steel Association is calling for domestic mills to restrain production as output rises despite that the country’s economy appears to be cooling.

'There's a Lot of Pride Here': JSW Mingo Junction Looks For Success as It Ramps Up

21 March 2019 - At JSW Steel’s restarted mill in Mingo Junction, Ohio, USA, veteran operators, who thought they’d never see the facility run again, are again making steel – and coaching the next generation. At the same time, they’re restoring some hope to the blue-collar town.

OMK Plans New Seamless OCTG Mill

19 February 2019 - Danieli has won an order for a seamless pipe mill from Russian oil country tubular goods producer OMK.

Tenaris, Severstal Partner on Siberian OCTG Mill

13 February 2019 - Two steel companies have formed a joint venture that will build a US$240 million oil country tubular goods plant in Siberia.

Seeing Improved Demand, U. S. Steel to Restart Idled Pipe Mill

05 February 2019 - United States Steel Corporation said on Monday that it is reactivating a Texas pipe mill and hiring 140 people.

Association: Hard Brexit Could Impact One-Third of U.K. Steel Exports

05 February 2019 - A no-deal exit from the European Union has the potential disrupt nearly one-third of the United Kingdom’s steel production and would add significant costs for producers there, warns the UK Steel trade association.

SDI Expands Downstream Operations Through US$134M Deal

04 February 2019 - Steel Dynamics Inc. (SDI) is acquiring a majority stake in coated sheet distributor United Steel Supply for US$134 million in cash and debt, the company has announced.

SSAB Moves Up Blast Furnace Maintenance Project

04 February 2019 - SSAB Europe is taking down the No. 2 blast furnace at its Raahe plant in Finland for an eight-week maintenance outage, according to an announcement from the steelmaker.

Steel Federation Chairman Looks for Japanese Crude Steel Production to Rise

31 January 2019 - Although Japan’s crude steel production fell to a nine-year low in 2018, strong construction demand and other factors should help to increase production this year, the chairman of the Japan Iron and Steel Federation tells the Reuters news service.