Steel News

Workers Begin Reviving Idled Wire Rod Mill

03 April 2018 - The first group of United Steelworkers reported back to work today at the Liberty Steel Georgetown wire rod mill in South Carolina, becoming the first to clock in there since the facility closed in 2015.

Primetals Technologies Finishes Upgrades to Georgia Caster

29 March 2018 - Gerdau’s sections mill in Cartersville, Ga., USA, has completed modifications to its 4-strand caster and has put the machine back into service, according to the equipment supplier on the project.

A New Business for Old Blast Furnaces? Probably Not, Says Cliffs CEO

20 March 2018 - Although idled North American blast furnaces conceivably could find a second life producing merchant pig iron, the likelihood that they will is low, said Lourenco Goncalves, chairman and chief executive of iron ore miner Cleveland-Cliffs Inc.

U. S. Steel Foresees Better 2018 Earnings

13 March 2018 - United States Steel Corporation has increased its 2018 earnings forecast by 13%, reflecting the restart of an idled blast furnace and the imposition of a 25% tariff on steel imports.

Section 232 Decision Prompts U. S. Steel to Restart Illinois Blast Furnace

07 March 2018 - United States Steel Corporation plans to restart the B blast furnace at its Granite City Works in Illinois as a result of President Donald Trump’s proposed blanket tariff on imported steel, the company said on Wednesday.

Higher Prices, Better Demand Lift North Star BlueScope Sales

26 February 2018 - Midwestern U.S. sheet manufacturer North Star BlueScope Steel saw its first-half sales rise 8% on higher steel prices, healthy demand for auto and construction steels, and rising demand in the energy sector.

China's Average Daily Steel Output Expected to Jump in March

22 February 2018 - China’s steel production might “erupt” in mid-March when anti-pollution operating restrictions are lifted, reports the Reuters news service.

Liberty House Pulls U.S., U.K. Mills Out of the Mothballs

20 February 2018 - The United Kingdom’s Liberty House Group has restarted an idled electric arc furnace in England and said it plans to put a closed U.S. wire rod mill back into service within the next four months.

TMK IPSCO Launches IPO, Aims to Raise More than US$465M

30 January 2018 - The American arm of Russian tubemaker PAO TMK has launched its initial public offering at US$20 to US$23 per share.

Canadian Plant Targets 100K Ton Lift in Capacity Through Capital Upgrades

25 January 2018 - ArcelorMittal Long Products Canada will invest nearly CA$70 million (approximately US$56.8 million) in its Contrecoeur, Que., facilities over the next three years, the company has announced.

World Steel Association: Global Production Rose in 2017

24 January 2018 - Global crude steel production rose 5.3% in 2017, according to preliminary data from the World Steel Association.

Fire Damages AK Steel Mill

22 January 2018 - AK Steel Corp. has begun repairing the steel shop at its Middletown, Ohio, mill after molten steel escaped from a ladle and damaged the facility.

Commercial Metals Company to Launch Branded Rebar Production at South Carolina Mill

19 January 2018 - Commercial Metals Company (CMC) is gearing up its Cayce, S.C., USA, rebar mill to produce the ChrōmX line of rebar acquired through its purchase of MMFX Technologies Corp.

Indian Steel Production Crosses 100M Ton Threshold

11 January 2018 - For the first time in its history, India’s annual crude steel production has exceeded 100 million metric tons.

Stainless Re-Rolling Mill Returns to Service

27 December 2017 - Danieli Service recently helped to restart an idled stainless re-rolling mill in the in the Kingdom of Bahrain, the company said in an announcement.

Tata Board OKs US$3.7 Billion Expansion Project

26 December 2017 - Tata Steel Ltd.’s board of directors has approved a project that will more than double the capacity at the company’s new Kalinganagar works in the state of Odisha.

Global Steel Production Grew in 2016. Here's How Much.

05 December 2017 - Global crude steel production rose 0.5% to nearly 1.63 billion metric tons in 2016, according to the World Steel Association’s latest annual statistical yearbook.

India Looks to EAFs to Meet National Production Goal

01 December 2017 - India Steel Minister Chaudhary Birender Singh said his country will encourage electric arc furnace production as a way to increase steel output, reports the Press Trust of India.

Commercial Metals to Expand Spooled Rebar Capacity

30 November 2017 - Commercial Metals Company (CMC) plans to add rebar spooling capabilities to its original micro-mill in Mesa, Ariz., USA, the company announced Wednesday.

GFG Alliance Looks to Significantly Increase U.K. Steel Output

28 November 2017 - A family-owned group of companies has announced its intent to add 5 million metric tons of steelmaking capacity in the United Kingdom.