Steel News

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.

Nucor Plans US$180 Million Investment in Illinois Bar Mill

16 November 2017 - Nucor Corp. said it selected a site for its planned merchant bar expansion, choosing its Bourbonnais, Ill., USA, rebar plant for the US$180 million investment.

China's Steel Capacity Forecast to Fall Below 1 Billion Tons

08 November 2017 - China’s government-mandated production curtailments are forecast to reduce hot metal production by 41 million net metric tons and coke demand by 18 million net metric tons, according to an estimate from commodities consultancy CRU.

Chinese Province Cuts Steel, Coal Capacity

03 November 2017 - The Hebei province in China has cut 46.2 million metric tons of iron and steel capacity and 10.5 million metric tons of coal capacity, meeting its mandated reduction target, according to Xinhua, China’s state news agency.

New Cold Mill Put Into Service at Turkish Mill

24 October 2017 - Turkish joint venture producer Tosyali-Toyo Celik has fired up a new rolling complex that is producing cold-rolled tinplate and hot-dip galvanized and painted sheets.

China Records Monthly Steel Production Decline

19 October 2017 - China saw its September steel production slide as mills began reducing output in keeping with government orders to reduce air pollution.

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.