Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
Steel Imports, Refinancing Mute Steel Dynamics' Q3 Profits
19 October 2017 - Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday.
Fake Quality Data Could Cost Kobe Steel More than Money
11 October 2017 - About a third of the value in Kobe Steel Ltd. shares has been wiped out after the Japanese steelmaker disclosed that some employees falsified inspection certificates on copper and aluminum products and may have falsified data on powdered iron.
U.S. Graphite Electrode Plants Sold to Japanese Manufacturer
04 October 2017 - Graphite electrode manufacturer Tokai Carbon Co. Ltd. has acquired SGL Carbon’s U.S. graphite electrode business for about US$114.4 million, giving the Japanese manufacturer a production presence in North America.
Salzgitter to Expand Galvanizing Capacity
29 September 2017 - Salzgitter AG supervisory board members have given the go-ahead to the installation of a third galvanizing line at Salzgitter Flachstahl, the company announced on Friday.
U. S. Steel to Expand Ohio Galvanizing Plant
26 September 2017 - United States Steel Corp. and joint venture partner Kobe Steel Ltd. are investing US$400 million in a new continuous galvanizing line to meet rising demand for advanced high-strength steels.
China Looks to Cut Pollution – By Reducing Steel Output
25 September 2017 - To curb pollution, China is preparing to initiate a first wave of steel production cuts that will reduce output at its largest steelmaking city by half, reports the (London) Financial Times.
SAIL to Regain Position as India's Leading Producer
21 September 2017 - The Steel Authority of India (SAIL) is preparing to blow in its newest blast furnace – and reclaim its spot as the country’s No. 1 steel producer, reports the Business Standard newspaper.
ArcelorMittal to Cease Rolling Plate at U.S. Mill
19 September 2017 - ArcelorMittal USA said it will idle the plate rolling line at its Conshohocken, Pa., mill sometime in the next year on account of low demand and competition from unfairly traded imports.
India Well on Its Way to Meeting Steel Production Target
18 September 2017 - India is making strides toward its national goal of lifting steel production to 300 million metric tons, reports the Press Trust of India (PTI).
Nucor to Build New Micro Bar Mill
15 September 2017 - Nucor Corp.’s board of directors has given the go-ahead to construction of a new micro-mill somewhere in the Midwestern or southeastern U.S. and approved the expansion of another mill.
Chinese Steel Production Sets August Record
14 September 2017 - China’s steel output climbed to another new monthly record in August as mills cranked out 74.59 million metric tons, reports the Bloomberg news service.
JFE Blast Furnace Forced Into Unscheduled Outage
12 September 2017 - Japan's JFE Steel is temporarily halting iron production at one of its blast furnaces to facilitate repairs on a converter, according to the Nikkei Asian Review.
SBQ Meltshop Returns to Service
31 August 2017 - Production has resumed at an Illinois meltshop after a breakout disrupted operations for slightly more than two weeks.
In a Typically Slow Month, China's Steel Production Speeds Up
14 August 2017 - China set a new monthly steel production record in July, making slightly more than 74 million metric tons, according to the Reuters news service.
RINL Gains Capacity Through Steel Shop Overhaul
14 August 2017 - India’s Rashtriya Ispat Nigam Ltd. (RINL) has completed a US$62.4 million overhaul of the No. 1 steel shop at its Visakhapatnam Steel Plant.
Nucor Grows Bar Processing Capabilities Through Acquisition
14 August 2017 - Nucor Corp. is acquiring approximately 200,000 tons of additional cold-finished bar capacity, the company has announced.
Plate Mill Restarts After Seven-Month Outage
08 August 2017 - Nippon Steel & Sumitomo Metal Corp. has restarted the plate mill at its Oita Works more than seven months after a fire burned up an electrical room, the company has announced.
Tenaris Posts US$73 Million Profit on Rising North America Tube Sales
04 August 2017 - Tubemaker Tenaris SA saw sales of seamless and welded tube increase 31% to 624,000 tons in the second quarter, the company reported.
TimkenSteel Posts US$1.3 Million Profit in Second Quarter
31 July 2017 - New steel orders helped pushed TimkenSteel’s second-quarter earnings into the black.
ArcelorMittal to Expand Auto Steel Capacity Through European Investment
28 July 2017 - ArcelorMittal is planning expand its advanced automotive steel capacity through an investment of approximately US$112.8 million at two of its French mills.
