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World

Worldsteel celebrates its 50th anniversary

While mankind has been producing steel for thousands of years, mass production of steel received a boost when Bessemer designed a new way of purifying iron into…

Tenaris announces recall of employees at AlgomaTubes mill

Tenaris announced last week that production will resume at its AlgomaTubes seamless mill, recalling between 120-150 union employees who were laid off earlier this year. Tenaris projects…
Nine steel groups in North, South and Latin America, and Europe, expressed cautious optimism for the outcomes at the G-20 leaders meeting that concluded on Monday in…

USA sets preliminary subsidy rates on Chinese steel products

The U.S. Commerce Department on Tuesday announced its preliminary affirmative determination in a countervailing duty (CVD) investigation against imports of stainless steel sheets and strips from China,…

Chinese steel production likely to exceed expectations

China’s economy has experienced a significant turn since the first two months of the year and could far exceed second half of the year expectations. There also…

POSCO ignites the largest blast furnace in the world

Blast Furnace No. 1 at POSCO's Gwangyang Steelworks in South Jeolla Province has been reignited as the largest blast furnace in the world. POSCO held a ceremony…

G7 to fight against overcapacity in the steel industry

At last week's meeting of the G7 group, a common fight against overcapacity in the steel industry was promised. The problem of global overcapacity in the steel…
  Alcoa announced yesterday supply contracts with Boeing valued at more than $2.5 billion   Alcoa will supply multi-material fastening systems for every Boeing platform in its…
Outokumpu delivers 5,000 tonnes of Forta LDX 2101 duplex stainless steel for the clarifier parts of two copper mines. Deliveries for the two mine projects in the…

China Steel Production Capacity to Peak in 2016

According to an interview published by FitchRatings, in Hong Kong on 19th November, Laura Zhai and Charles Li discussed the factors driving their forecasts for China's steel…
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