Steel Times International News
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Sanjeev Gupta announces major investment in UK port
Sanjeev Gupta, widely regarded in UK steel circles as the saviour of the domestic steel industry, is once again putting his money where his mouth is and investing heavily in British industry.
09 November 2018 -
Foshan grant final acceptance certificate to CMI...
Foshan Chengde New Material Co. has awarded CMI a final acceptance for the pickling process section of its new 500kt/yr cold annealing and pickling line (CAPL) that has been erected at the customer’s site at the Tieshan Port (Seaside) Industrial Park.
06 November 2018 -
SSAB invests heavily in Mobile, Alabama steel mill
Swedish steelmaker SSAB is planning to invest up to US$100 million on its steel operations in Mobile, Alabama. The aim is to increase production capacity for high-strength, value-added steels including quenched and tempered (Q&T) steels while increasing operational efficiency and reducing raw materials costs.
06 November 2018 -
Gerdau completes sale of four rebar mills
Gerdau, the largest recycler in Latin America and a leading producer of long steel, has announced the completion of the sale to US-based Commercial Metals Company (CMC) of four rebar mills and rebar fabrication locations.
05 November 2018 -
Further European expansion for Liberty Steel
British steelmaker Liberty Steel, part of the global GFG Alliance headed up by Sanjeev Gupta, a man widely regarded as the saviour of the British steel industry, is set for another major expansion of its steel production capacity in continental Europe following a conditional agreement announced today (2 November) to acquire two Belgian steel mills and one in Luxembourg from ArcelorMittal, the world's biggest steelmaker.
02 November 2018 -
NLMK: a 'leader in procurement process digitalisation'
Russian steelmaker NLMK, the largest steelmaker in Russia and, it is claimed, the most efficient, has topped the 'Leader in Procurement Process Digitalisation' nominations for the Competitive Procurement Leader Award. The award's ceremony was held in Moscow at the Corporate Procurement 2018 Summit.
01 November 2018