Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
Chinese Steelmaker Could Become the World’s Largest Producer
06 January 2020 - China Baowu Steel Group could potentially surpass ArcelorMittal as the world’s largest steelmaker if it completes a deal to take a controlling stake in Chongqing Iron and Steel.
Monnet Ispat Eyes Restart
02 January 2020 - Indian steelmaker Monnet Ispat & Energy is to resume steel production this month following an extended outage for maintenance and upgrades, according the Business Standard newspaper.
Nippon Steel Nisshin to Halt Blast Furnace
26 December 2019 - Nippon Steel Nisshin Co. Ltd. plans to bank a blast furnace in southern Japan next year, saying that a slowing market and other factors necessitated the move.
ArcelorMittal, Nippon Steel Look to Expand Essar Steel
16 December 2019 - ArcelorMittal and joint venture partner Nippon Steel Corp. have finalized their acquisition of Essar Steel India Ltd., completing a deal that gives both a foothold in the growing Indian steel market.
Here’s How Much Steel China is Forecast to Have Produced in 2019
12 December 2019 - China’s crude steel production is expected to reach 988 million metric tons this year, but decline slightly in 2020, according to the Reuters news service.
Hot Metal Production Resuming at Indiana Steel Works Following Flood
06 December 2019 - United States Steel Corporation has restarted two of its Gary, Ind., USA, blast furnaces after a flood knocked them off-line last week, reports commodities news and pricing service S&P Global Platts.
TMK Sees Revenue Dip in First Three Quarters of 2019
20 November 2019 - Revenues at Russian oil country tubular goods maker PAO TMK declined 4% through the first nine months of 2019 on account of reduced sales in North American and Europe, the company said Wednesday.
JFE Steel Forms Joint Venture With Chinese Bar Maker
19 November 2019 - JFE Steel is acquiring a 50% ownership stake in a Chinese special bar producer, giving it an additional foothold in China’s automotive market.
Stelco Adding Merchant Pig Iron to Product Portfolio
18 November 2019 - Stelco plans to install a pig iron caster at its Lake Erie Works next year, giving it entry to the merchant pig business, the Canadian steelmaker has said.
ArcelorMittal Begins Ilva Exit
14 November 2019 - ArcelorMittal has begun the effort to withdraw from its acquisition of Italy’s Ilva steel works, filing suit in a Milan court, reports the Italian news service ANSA.
ArcelorMittal Halting Polish Blast Furnace, Steel Shop
14 November 2019 - After delaying plans to temporarily idle the blast furnace and steel shop at its Krakow works, ArcelorMittal Poland is now moving ahead, saying that a softening steel market is forcing its hand.
ArcelorMittal to Idle Indiana Blast Furnace
13 November 2019 - ArcelorMittal has decided to put the No. 3 blast furnace at its Indiana Harbor works in Indiana on idle and await an improved market rather than undergo an expensive, near-term reline, reports The Times newspaper of northwest Indiana.
AK Steel, ArcelorMittal Resolve Patent Infringement Dispute
29 October 2019 - AK Steel Corp. and ArcelorMittal are settling a nine-year-old patent infringement case focused on a type of advanced high-strength steel.
Vietnamese Steelmaker Signs Off on New Cold Mill
29 October 2019 - Pomina Flat Steel, a subsidiary of Pomina Steel Group, has signed the final acceptance certificate for its new cold mill complex in Ba Ria - Vung Tau, Vietnam.
Report: Salzgitter to Idle Blast Furnace
28 October 2019 - Germany’s Salzgitter AG has become the latest European steelmaker to curtail production on account of the market downturn , reports commodities news and pricing provider Argus Media.
CMC Shutters California Meltshop
17 October 2019 - Commercial Metals Company has closed the meltshop at its California rebar mill, saying that regulatory costs are making it too difficult to compete, reports news and commodities pricing service Argus.
Trucks, Trains and, Now, Tow Boats: ArcelorMittal Burns Harbor Expands River Shipments
17 October 2019 - An ArcelorMittal USA plant recently set a transportation record as it expands its use of river barges to deliver hot-rolled coil and plate to customers, the company reports.
NLMK Reveals Plans for EUR150 Million Upgrade to Belgium Facility
11 October 2019 - NLMK La Louvière has awarded a contract to Primetals Technologies for improvements to its hot strip mill, the company has announced.
POSCO Reaches 1 Billion Tons of Crude Steel Production
07 October 2019 - POSCO announced on Thursday that it has reached a milestone of 1 billion tons in cumulative crude steel production.
NLMK Group’s Shipments to OMK Hits 5-Million-Ton Mark
27 September 2019 - A partnership between Russia’s NLMK Group and OMK Group’s Vyksa Steel Works has reached a milestone, with NLMK having shipped 5 million metric tons of slabs from its Lipetsk site to Vyksa Steel for conversion into heavy plate and large-diameter pipe.
