Steel News

SSAB Making Moves to Lead Industry in Profitability

06 October 2014 - SSAB held its Capital Markets Day in Stockholm on 1 October 2014. SSAB is aiming to be one of the most profitable steel companies by developing its unique product and service offering within high-strength steels globally, and by improving efficiency in its production, distribution and sales of top-quality steel on the home markets in the Nordic region and the U.S.

ArcelorMittal Ostrava Modernizing Medium Section Rolling Mill in Czech Republic

06 October 2014 - ArcelorMittal Ostrava has invested 200 million crowns (US$9.2 million) into the modernization of the medium section rolling mill and has launched production of a unique product branded AMTB (ArcelorMittal threaded bars), designed for the construction sector.

Metinvest Modernizing BOF at Ilyich Iron & Steel Works

06 October 2014 - In September, a large-scale general repair of basic oxygen furnace No. 1 commenced at Metinvest Group’s PJSC Ilyich Iron & Steel Works in Ukraine.

U.S. Labor Department Files Whistleblower Lawsuit vs. Specialty Steelmaker

03 October 2014 - A lawsuit alleging that North Jackson Specialty Steel terminated a furnace operator for reporting unsafe working conditions at its North Jackson steel mill has been filed by the U.S. Department of Labor.

GrafTech Provides Updated 2014 Guidance, Says Electrode Demand Weakening Outside U.S.

03 October 2014 - GrafTech International Ltd. has revised its 2014 guidance as a result of the continued pressure on products for the consumer electronics end market and a weakening in graphite electrode demand outside of the United States, causing delays in customer shipments in its Industrial Materials segment.

voestalpine Announces Expanded Management Board Team

03 October 2014 - In order to meet the demands of the Group’s consistent internationalization process and rapid growth, voestalpine AG is expanding its Management Board from five to six members as of 1 October 2014.

Alpha Natural Resources Provides Update on WARN Notifications

03 October 2014 - Updating its announcement of 31 July, Alpha Natural Resources, Inc. said that three of its operating affiliates have notified their employees that the coal mines where they work are being idled, resulting in job losses. One mine that had expected to be idled will continue to operate, while eight other mines have extended the period of time they will continue to operate.

ArcelorMittal Ostrava Modernizing Blast Furnace Hot Stoves

03 October 2014 - ArcelorMittal Ostrava is modernizing three hot-blast stoves used for the heating of air blown to its blast furnaces.

A. M. Castle & Co. Appoints Interim CFO

03 October 2014 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services, and supply chain solutions, announced the appointment of Patrick Anderson as interim chief financial officer effective 26 September 2014.

Large Diameter Pipes Produced from NLMK Steel by OMK Certified for South Stream Project

03 October 2014 - The South Stream Transport company has certified large-diameter pipes produced by the United Metallurgical Company (OMK) from slabs supplied by NLMK.

Nucor Acquisition Of Gallatin Steel Receives Regulatory Approval

02 October 2014 - The Federal Trade Commission has approved Nucor’s US$770 million acquisition of Gallatin Steel Co. and the closing is expected in approximately 10 days.

Steel Institute Testifies to China's Failed WTO Compliance

02 October 2014 - Upon joining the World Trade Organization (WTO) nearly 13 years ago, China pledged to liberalize its economy and bring its trading practices more in line with international norms but evidence shows that China continues to operate as a state capitalist regime, said Kevin Dempsey, senior vice president of public policy for the American Iron and Steel Institute (AISI), in testimony on 1 October 2014 to the interagency Trade Policy Staff Committee (TPSC), headed by the U.S. Trade Representative (USTR).

Carpenter Technology Provides Q1 Fiscal Year 2015 Outlook

02 October 2014 - Carpenter Technology Corporation announced that cost, output, and mix issues at its Specialty Alloys Operations (SAO) locations in Reading and Latrobe, Pa., will negatively impact the company's first quarter (Q1) fiscal year 2015 (FY15) earnings.

NLMK Enhances Efficiency of Blast Furnace Operations

02 October 2014 - NLMK Group, a leading manufacturer of steel and rolled products with high added value in Russia, has upgraded air-blowing equipment used in blast furnace operations in Lipetsk.

voestalpine Names Five New Department Heads

02 October 2014 - After enlarging the voestalpine AG Management Board and reducing the average age of its members, the Group is now completing its generational transfer with new first management level appointments to key functions.

U.S. Electrical Steel Producers Welcome Final Determinations in Electrical Steel Trade Case

02 October 2014 - The U.S. Department of Commerce (DOC) announced final dumping margins for grain-oriented electrical steel (GOES) from the People's Republic of China, Russia, and South Korea and the final subsidy margin on GOES from the People's Republic of China, as follows:

Tenaris Facility in Canada Reaches Four-Year Safety Milestone

01 October 2014 - In August 2014, employees at Tenaris’s threading facility in Nisku marked an important achievement by reaching four years without a lost-time accident.

EVRAZ North America Files for IPO

01 October 2014 - EVRAZ North America, a subsidiary of EVRAZ plc, has filed a registration statement with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of ordinary shares in the company.

GrafTech Announces Executive Management Changes

01 October 2014 - GrafTech International Ltd. announced several executive management changes that are part of its ongoing initiative to create a more simplified and efficient organizational structure and foster innovation.

Sixth Annual SteelDay Showcases U.S. Structural Steel Industry

01 October 2014 - Thousands of people attended dozens of free events around the country on 19 September 2014 in celebration of the structural steel industry’s sixth annual SteelDay, hosted by the American Institute of Steel Construction (AISC) and its members and partners.