NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Union Electric Steel is expanding its operations, creating up to 35 jobs by 2017 at its local plant at 3702 Montdale Park Drive. The Indiana Economic Development Corp. announced the expansion of the Pennsylvania-based steel roll manufacturer's plant Monday. It produces hardened steel, cast iron and cast steel rolls, and…

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China’s crude steel output fell in the first three months of the year, the first decline over that period in 20 years, as the country grew at the slowest pace since the global recession. Crude steel production from January to March slid 1.7 percent from a year earlier to 200.1…

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Alton Steel Inc. says it has laid off 62 workers because of less demand in steel markets. The (Alton) Telegraph reports that’s about a quarter of the company’s workforce. The layoffs went into effect on Sunday. The company said in a release that the reduced scheduling will continue until business…

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Tata Steel Managing Director TV Narendran expressed the anguish of local steelmakers, whose margins are increasingly coming under pressure, when he told a TV channel that imports continued to have an "adverse impact. The industry is waiting for the government to address the problem." Steel imports rose 71 per cent…

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Germany's steel sector will see growth pick up in coming months as manufacturers such as ThyssenKrupp and Salzgitter benefit from the weak euro and increasing demand from the auto industry, the German Steel Federation said on Monday. Despite a two percent drop in production in the first quarter, the association…

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The government is set to bring 18 steel products, including hot-rolled (HR) coil and cold-rolled (CR) coil, under an extant quality control order for the sector, taking the number of steel items under it to 33. The objective is to ensure better quality for domestic end-use industries and putting brakes…

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Tata Steel's proposal to close the British Steel pension scheme has trade unions up in arms, which today announced industrial action ballot against the company's decision. An industrial action ballot or vote is sought by unions to know the majority view of its members about participating in the action -…

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A 2.5 million tonne per annum steel plant, which is planned in Sur, may be shifted to Duqm, if the promoters do not receive permission from the government for mid-sea unloading of imported scrap. The proposed $400 million-project needs a good port facility to import 2.5 million tonnes of scrap…

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Steel companies, research centers and environmental groups in Beijing and its surrounding area have formed a new association to control air pollution. Initiated by the Beijing Science and Technology Commission and its counterparts in Tianjin and Hebei, the association, comprising 70 such institutions in Beijing, Tianjin and Hebei, will aim…

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A $400 million steel plant project originally planned to be set up in Sur in Oman, may be shifted to Duqm in case the government doesn’t provide the promoters permission for mid-sea unloading of imported scrap, a report said. The proposed 2.5-million-tonnes per annum steel plant needs a good port…