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SDI Reports Record Shipments, Improved Metal Spreads in Q2

22 Jul 2014 - Steel Dynamics Inc. said that despite elevated import levels, the strength of underlying demand coupled with its continued market diversification and customer focus allowed it to achieve record quarterly steel shipments in the second quarter of the year.

ATI Reports Results, Continued Ramp-Up of Hot Rolling and Processing Facility

22 Jul 2014 - As it reported its second quarter earnings results, Allegheny Technologies Inc. said it continued to see improvement in end market demand throughout the quarter.

U.S. Electrical Steel Producers Support Commerce Department Findings in Trade Case

22 Jul 2014 - The U.S. Department of Commerce issued its final antidumping determinations concerning imports of grain-oriented silicon steel (GOES) from Germany, Japan, and Poland.

Sandvik and Tenaris Sign New Five-Year Strategic Alliance Agreement

22 Jul 2014 - Sandvik and Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion-resistant alloy OCTG materials and technology to the oil and gas industry.

Global Steel Production Up 3% in June 2014

22 Jul 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons (mmt) in June 2014, an increase of 3.1% compared to June 2013.

Mechel Reorganizes after Liquidation of Ferroalloy Division

22 Jul 2014 - Mechel OAO, a leading Russian mining and metals company, reports liquidating the Group's ferroalloy division due to successful asset sales as part of the company's strategy.

Severstal Agrees to Sell U.S. Facilities for US$2.325 Billion

21 Jul 2014 - OAO Severstal has entered into separate definitive transaction agreements to sell its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corporation, respectively, for a total cash consideration of US$2.325 billion.

AK Steel To Acquire Severstal Dearborn

21 Jul 2014 - AK Steel has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for US$700 million in cash.

Steel Dynamics Inc. To Acquire Severstal Columbus

21 Jul 2014 - Steel Dynamics Inc. has entered into a definitive agreement to acquire 100% of Severstal Columbus LLC (Columbus) from OAO Severstal.

Terex to Relocate Demag Overhead Crane Manufacturing to Oklahoma City

21 Jul 2014 - Terex Corp. announced it will relocate production of its overhead cranes from its current Houston location to a newly upgraded Oklahoma City facility (OKC).

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