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The second- and third-largest steelmakers in Europe have agreed to merge steelmaking operations on the continent. India’s Tata Steel and Germany’s thyssenkrupp plan to enter a 50/50 joint venture.

ArcelorMittal will idle its rolling mill at its Conshohocken facility in Pennsylvania. The temporary closure will result in a layoff of up to 200 employees.

South Korean steelmaker POSCO has opened a new wire rod processing center at the Port of Indiana in Jeffersonville, Ind. The 80,000-square-foot facility is located on 13 acres at the port.

Petersen Aluminum is expanding its operations with the opening of a new manufacturing facility in Phoenix. The 52,000-square-foot facility is expected to be operational in the first quarter of 2018.

United States Steel Corp., Pittsburgh, and Japan’s Kobe Steel Ltd. will construct a new continuous galvanizing line at PRO-TEC Coating Company in Leipsic, Ohio. PRO-TEC is a joint venture operated by subsidiaries of the two steelmakers.

Nucor’s board of directors has approved a steel bar micro mill project. The company is considering five states in the Midwest and the Southeast for the project. Nucor’s board also approved the expansion of its existing merchant bar operations in either Illinois or Ohio.

UK-based tube-bending company Unison Ltd. is increasing its manufacturing capacity by opening a new factory in Virginia. The facility will mark Unison’s second manufacturing facility and firmly establish its production capabilities in the United States.

Shipments of U.S. and Canadian steel products increased in August, but Canadian aluminum shipments saw a slight year-over-year decrease during the month, according to the latest Metals Activity Report from Rolling Meadows, Ill.-based Metals Service Center Institute.

World crude steel production totaled 143.6 million tons in August, a 6.3 percent increase from last year, reports Brussels-based World Steel Association. Total production through the first eight months of 2017 is up 4.9 percent to 1.1 billion tons, compared with 1 billion tons through August 2016.

Revenues were down across the board for North America’s largest service centers. Total revenues for North America’s Top 50 service centers declined in 2016 for the third time in four years, reaching a low not seen since the depths of the 2009 recession.