Quality-enhancing heat-treatment technology from SMS group Nucor Corporation has awarded SMS group a follow-up order for the supply of reheat and heat-treatment facilities. The new equipment will be part of…
Two LiquiRob systems from Primetals Technologies at Baosteel Meishan
Two LiquiRob systems for continuous casting machines commissioned at Baosteel Meishan Commissioning only took four to five days One LiquiRob ordered for Baosteel´s Zhanjiang plant Raises the total number of…
Jingye agrees conditional completion of British Steel acquisition
Jingye Group, a leading Chinese steelmaker, is pleased to announce that it has agreed to proceed towards the completion of its purchase of British Steel from the Official Receiver. The…
Steel Dynamics Announces Planned Acquisition to Secure Ferrous Scrap Volume for New Sinton, Texas Flat Roll Steel Mill
FORT WAYNE, Ind., March 2, 2020 /PRNewswire/ — Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that as part of its raw material procurement strategy to support its new Texas flat roll steel mill, the company…
First coil processed at Rourkela Steel Plant of SAIL on hot strip mill line supplied by Primetals Technologies
Three million metric tons per year capacity Plant produces high quality steels for automotive industry and API grades Pair cross technology ensures optimum control of profile and flatness Fast start-up…
Stainless Steel Markets Wane Following January Restocking
Global stainless steel purchasing activity is steady, at a level, generally, a little below that of one year ago. A pickup in order volumes was reported in January. This was boosted by…
EVRAZ Orders Danieli QSP-DUE Plant
Thanks to three rolling modes in one line (coil-to-coil, semi-endless and endless), QSP-DUE guarantees the widest production flexibility. EVRAZ Consolidated West-Siberian Metallurgical Plant Joint-Stock Company has ordered from Danieli an…
Mill Delivery Lead Times to Austrian Steel Buyers Extend
Regional mills sought price increases for steel strip mill products, throughout Europe, in February. Many large customers hold ample inventories and bought no material at the inflated offer values, while…
Mixed Price Trend Witnessed in European Plate Market
MEPS notes varied price trends across the European steel plate market, in February. Transaction values stabilised or increased modestly, in mainland Europe. In contrast, negative price pressure was detected in…
European Steel Mills Lift Prices But Buyers Remain Cautious
European strip mill product basis prices continued to move up, in February. Domestic steelmakers adopted a firm stance in negotiations with buyers. They wish to implement further rises in the…