Steel News

SDI Impacted by Winter Weather, but Confident in Broad Economic Recovery

17 April 2014 - Steel Dyanamics Inc.announced its first quarter results which were affected by uncharacteristically severe and prolonged winter weather conditions that resulted in increased energy costs, reduced production, diminished availability of transportation and lower shipments.

EUROFER: EU Recovery is Broadening, Steel Market Balance Will Remain Fragile

17 April 2014 - Strengthening indicators and evidence of improving dynamics suggest that the EU economy is well on track for recovery this year and into 2015, EUROFER says.

AWMI Names 2013 Member of the Year Award Recipient

17 April 2014 - The Association of Women in the Metal Industries (AWMI) is proud to recognize Carol Chizmar, international membership chair and member of the Philadelphia Chapter, as the recipient of its 2013 International Member of the Year Award.

Tenaris Siderca Successfully Starts Up Carbon Injection System from MORE srl

17 April 2014 - Tenaris Dalmine, located in Campana, Argentina, commissioned a carbon storage and injection system supplied by MORE srl on its 100-ton EAF No. 4.

Mechel Reports Joint Project With Russia's Federal Labor and Employment Service

17 April 2014 - Mechel OAO announced the launch of a pilot project on stepping up the efficiency of measures for improvement of labor conditions at the Group's enterprises.

Taylor-Winfield Technologies to Solve AHSS Welding, Processing Needs for World’s Largest Steel Producer

16 April 2014 - The world’s largest steel producer has selected Taylor-Winfield Technologies to integrate post-weld induction heating systems into its existing seam and flash welders.

TMW and Zhejiang Jingu Form EPS Technology Joint Venture in Asia

16 April 2014 - The Material Works Ltd. (TMW) and Zhejiang Jingu Co. Ltd. have formed a joint venture company, TMW Jingu Environmental Protection Equipment Manufacturing Co. Ltd., to supply EPS cells exclusively to the Chinese and Korean markets.

Siemens Storage Logistics System Accepted by ArcelorMittal Eisenhüttenstadt

16 April 2014 - Steel producer ArcelorMittal Eisenhüttenstadt GmbH has issued Siemens Metals Technologies with the acceptance certificate for the new storage logistics system in its finishing department.

MSCI: Service Center Growth Accelerates in March

16 April 2014 - Growth in shipments returned to healthy levels for steel and aluminum in both the U.S. and Canada, the Metals Service Center Institute (MSCI) said in its latest report.

Varsteel Purchases Herr-Voss Stamco ELT Enhanced Leveling Technology

16 April 2014 - Herr-Voss Stamco recently received an order from Varsteel Ltd. of Lethbridge, Alta., Canada, for an Enhanced Leveling Technology (ELT®) retrofit. This new enhancing leveler will process material up to .500” x 96” wide.

GrafTech Announces Engineered Solutions Leadership Change

16 April 2014 - GrafTech International Ltd. announced that Lionel Batty, age 54, has been named president of engineered solutions.

Dongbei Special Steel Commissions Radial Forging Machine from SMS Meer

15 April 2014 - Dongbei Special Steel has put an SMS Meer hydraulic radial forging machine with two forging manipulators in operation at its works in Dalian, Liaoning Province, China.

Outotec to Deliver Iron Ore Pelletizing Technology to India

15 April 2014 - Outotec received an order from a customer in India for the design and delivery of an iron ore pelletizing plant to be constructed in northeast India.

Olympic Steel Names Vice President, Sales and Marketing – Flat Rolled

15 April 2014 - Olympic Steel Inc. announced the promotion of Stephen Reyes to vice president, sales and marketing – Flat Rolled.

NLMK Improves Logistics of Electrical Steel

15 April 2014 - NLMK Group, a producer and exporter of steel products in Russia, is growing the share of container deliveries of transformer steel coils in its total export supplies of this product.

AK Steel Announces Stainless Steel Price Increase

15 April 2014 - AK Steel will increase prices for all of its stainless steel products, effective with shipments on 4 May 2014.

Kardemir Orders Bar and Wire Rod Mill from SMS Meer

14 April 2014 - Karabük Demir Celik (Kardemir) from Karabük, Turkey, has placed an order with SMS Meer for the supply of a special bar quality (SBQ) rolling mill for the production of surface-quenched and tempered rebars, straight bars, wire rod and bar in coils.

worldsteel Calls for Industry-Wide Safety Audit

14 April 2014 - The World Steel Association (worldsteel) is calling for an industry-wide safety audit across the steel industry on the occasion of the Steel Safety Day on 28 April.

Outokumpu Cautiously Optimistic; Sees Modest Improvement in Underlying Market Demand

14 April 2014 - In his review at the company's annual general meeting on 14 April, CEO Mika Seitovirta presented Outokumpu’s results and market environment in 2013 as well as the measures Outokumpu has taken to improve its financial position and profitability.

Konecranes Appoints New Executive Vice President, Head of Business Area Equipment

14 April 2014 - Ryan Flynn is returning to Konecranes Plc and has been appointed executive vice president and head of Business Area Equipment.