Steel News

ArcelorMittal Still is the World's Biggest Steelmaker. For Now.

03 June 2020 - ArcelorMittal remained the world’s biggest steel producer in 2019, but China Baowu Group closed in on the top ranking during the year, according to a new report from the World Steel Association.

Global Steel Production Declined in April

28 May 2020 - Global crude steel production fell an estimated 13.5% in April to 136.4 million metric tons, according to new numbers from the World Steel Association.

Report: China’s Steel Output Up, Inventories Down

26 May 2020 - Output from China Iron and Steel Association member producers rose to 2.08 million metric tons per day in mid-May, the second-highest level in five years, reports commodities news and pricing service Argus.

AK Steel to Close Parts of Michigan Facility

06 May 2020 - AK Steel will permanently close parts of its Dearborn Works in Michigan this summer, according to reports.

Tenaris Begins Restart of Italian Plants

01 May 2020 - Pipe and tube maker Tenaris is gradually restarting its Italian operations, but with strict safety measures firmly in place, the company reports.

Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel

28 April 2020 - The Nikkei Asian Review is calling it: Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker.

Steel Production Fell in March. Here’s How Much.

27 April 2020 - Global crude steel production fell approximately 6% in March, but a more precise reading won’t be available for another month, according to the latest production tally from the World Steel Association.

North American Stainless Rises to Confront COVID-19 Challenges

16 April 2020 - As one of the initial links in the supply chain, Kentucky-based North American Stainless and its 1,500 employees are stepping up to ensure that manufacturers of critical medical equipment, such as ventilators, oxygen tanks and hospital beds, have access to high-quality stainless steel.

Report: Some Italian Mills Preparing to Resume Production

13 April 2020 - Italian long steel producers Pittini and Acciaierie Venete are among those moving to restart operations, reports Kallanish Commodities.

SSAB Americas to Speed Orders for COVID-19 Relief

09 April 2020 - SSAB Americas will give priority designation to orders arising from COVID-19 disaster relief programs, the company has announced.

Ohio Blast Furnace Being Taken Off-Line

09 April 2020 - ArcelorMittal is preparing to idle the No. 6 blast furnace at its Cleveland, Ohio, USA, facility, reports The Times newspaper of northwest Indiana.

Nippon Steel Adjusts Production

08 April 2020 - Nippon Steel Corp. will bank two blast furnaces later this month and curtail coke production as it adjusts to lower demand, the company has said.

BlueScope Pushes Back Ohio Expansion Project

07 April 2020 - BlueScope Steel Ltd. is delaying the expansion of its North Star sheet mill as it looks to preserve cash during the COVID-19 pandemic.

Weak Energy Demand Forces EVRAZ to Close Pipe Mill

07 April 2020 - With energy pipeline projects falling to the wayside, EVRAZ North America is idling its spiral-weld pipe mill in Oregon, reports The Oregonian newspaper.

Vallourec Announces North American Layoffs

06 April 2020 - Energy tubulars maker Vallourec is laying off more than one-third of its North American workforce due to collapsing demand from oil and gas producers.

USIMINAS Sets COVID-19 Curtailments

06 April 2020 - Brazilian integrated producer Usinas Siderurgicas de Minas Gerais SA (USIMINAS) is shutting down two blast furnaces and halting other operations due to falling demand.

Ford Delays Plant Restarts

01 April 2020 - Ford Motor Co. has pushed back the planned restart of North American plants, saying that it is taking the step to help better protect workers.

AK Steel Banks Michigan Blast Furnace

31 March 2020 - With the COVID-19 pandemic having brought North American auto production to a halt, AK Steel is temporarily idling its Dearborn Works in Michigan, reports Fastmarkets AMM.

An Aging Population, Other Market Challenges Force JFE Steel to Resize

30 March 2020 - JFE Steel will permanently close a blast furnace in southeastern Japan as part of a plan to consolidate operations and refocus on key products, the company has announced.

SSAB Begins Layoff Negotiations

30 March 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.