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Severstal Commissions New Long Product Mini-Mill in the Saratov Region

01 Aug 2014 - On 28 July 2014, OAO Severstal held the official presentation of the Balakovo Long Product Mill project in the Saratov Region of Russia.

Gerdau Sees Continued Demand Growth in North America

01 Aug 2014 - Gerdau's net revenue reached R$10.4 billion (US$4.6 billion) in the second quarter of 2014, an increase of 5.7% over the same period last year. This expansion was due especially to the continued growth in demand for steel in North America, which is one of Gerdau's main markets.

Severstal NA's Results a 'Testament to Transformation' Taking Place at Company

01 Aug 2014 - Severstal North America (SNA), a leading steel producer in the United States and a subsidiary of Severstal, reported another strong financial performance in the second quarter of 2014.

Altra Industrial Motion Acquires Guardian Industries

01 Aug 2014 - Altra Industrial Motion Corp., a global manufacturer and marketer of electromechanical power transmission and motion control products, announced the acquisition of Guardian Industries Inc.

Schenck Process’ LegalWeight Rail Scale Receives NTEP Certification and Legal-for-Trade Status

01 Aug 2014 - Schenck Process, a global market leader of measuring and process technology solutions, announced its railcar weighing system has achieved legal-for-trade status in North America.

OMK Opens Second Engineering and Technology Center

01 Aug 2014 - Russia’s United Metallurgical Company (OMK) has opened its own engineering and technology center (ETC) in Ufa.

TimkenSteel's Sales Growth Driven by Energy, Industrial Market Sectors

31 Jul 2014 - TimkenSteel Corp., a leader in customized alloy steel products and services, reported second-quarter net income of US$28.6 million on US$442.2 million of net sales, compared to net income of US$25.3 million on net sales of US$354.1 million in the second quarter of 2013.

Edwards’ Degassing System Brings Environmental, Economic Benefits to Italian Steel Manufacturer

31 Jul 2014 - Edwards has installed a modular steel degassing system in a large steel producer in Italy, replacing an existing steam ejector system which had high running costs and energy usage.

Leeco Steel Names Vice President of Purchasing

31 Jul 2014 - Leeco Steel, one of the largest suppliers of steel plate in North America, has appointed Ryan Murphy as vice president of purchasing.

Quintiq Acquired by Dassault Systèmes

31 Jul 2014 - Dassault Systèmes — a 3DEXPERIENCE company and world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions — announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a leading provider of on-premise and on-cloud supply chain and operations planning & optimization software, for approximately €250 million.

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