Steel industry news

Sintex-CIP and Sintez PP acquired by Severstal

Published: March 13, 2020 by Matthew Moggridge

Russian steelmaker Severstal has completed the acquisition of 100% of the shares of Sintez-CIP Ltd and Sintez PP Ltd, the owners of the only producer and supplier of carbonyl iron powders in Russia and the CIS region.

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Jingye Group signs on dotted line for British Steel

Published: March 09, 2020 by Matthew Moggridge

The Chinese Jingye Group today signs on the dotted line to complete its takeover of British Steel. It is alleged that the company offered £50 million for the almost doomed British steelmaker and in the process save some 3,000 jobs at plants in Scunthorpe and Teesside.

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Tata Steel Port Talbot contracts Clayton Equipment for two more locomotives

Published: March 09, 2020 by Matthew Moggridge

Clayton Equipment, the only British independent locomotive manufacturer in the UK capable of designing and manufacturing locomotives up to 150 tonnes, has agreed a contract to supply a further two Hybrid+™ Diesel CBD90 locomotives to Tata Steel, Port Talbot. The steelworks fleet will…

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