Steel News

AISI: Preliminary U.S. Steel Imports Increase 1% in July

26 August 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,475,000 tons of steel in July, including 1,956,000 tons of finished steel (up 0.6% and 0.9%, respectively, vs. June final data).

MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturer

23 August 2013 - Abakan Inc., an emerging leader in the advanced coatings and metal formulations markets, announced that its portfolio company, MesoCoat Inc., has been recognized by Inc. Magazine as one of the fastest-growing companies in the U.S. and has been ranked 15th in the top 100 fastest-growing manufacturing companies in the U.S. on the annual Inc. 500|5000 list.

Post-Gazette: Among U. S. Steel's Assets is 'Profound Science Knowledge,' New CEO Says

23 August 2013 - Incoming U.S. Steel CEO Mario Longhi said the natural gas boom, the automotive market and a comprehensive efficiency project he supervises are major opportunities for the struggling Pittsburgh steel producer, the Pittsburgh Post-Gazette reports.

LanzaTech Partners with Indian Research Centre to Directly Produce Low Carbon Fuels from Waste CO2

23 August 2013 - LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, has partnered with the Centre for Advanced Bio-Energy to create a novel process for the direct production of low carbon fuels from industrial carbon dioxide (CO2) emissions.

Finished Steel Apparent Use in Latin America Remained Stable While Production Fell

23 August 2013 - Finished steel apparent use in Latin America reached 33.1 million tons in January-June 2013, in line with the same period of 2012, according to the region’s steel association Alacero.

Felman Production Announces Layoffs

23 August 2013 - Felman Production, LLC, which temporarily suspended operations on 28 June due to challenging ferrosilicomanganese market conditions, announced it has been forced to lay off approximately 100 employees, effective 31 August 2013.

ThyssenKrupp Steel Europe Reaches Agreement on Subsidiary ThyssenKrupp Rasselstein

23 August 2013 - As part of the “Best-in-Class Reloaded” optimization program at ThyssenKrupp Steel Europe an agreement has now been reached about measures at the subsidiary ThyssenKrupp Rasselstein in Germany.

Peabody Energy Names Glenn Kellow President and Chief Operating Officer

23 August 2013 - Peabody Energy announced that the company has named veteran mining executive Glenn Kellow to the position of president and chief operating officer.  He will report to chairman and chief executive officer Gregory H. Boyce and serve as a member of Peabody's executive leadership team.

Rautaruukki Announces Changes In Its Corporate Executive Board

23 August 2013 - Markku Honkasalo, chief financial officer (CFO) and a member of the Rautaruukki Corporate Executive Board, will leave the company to take up a position outside Ruukki.

Zink Körner Starts Up High-Efficiency Galvanizing Plant In Russia

22 August 2013 - In February 2013, Zink Körner received the Final Acceptance Certificate for a hot-dip galvanizing furnace it installed in 2012 at Tochinvest Zinc, a manufacturer of steel parts in Russia.

Axis Pipe and Tube Breaks Ground for Texas Facility

22 August 2013 - On 22 August 2013, officials of Axis Pipe and Tube, Inc., The Prolamsa Group and state and local officials participated in groundbreaking ceremonies in Bryan, Texas, for a new US$150 million pipe and tube facility. 

Bloomberg: JSW Seeks to Sell U.S. Plant as Demand Revives

22 August 2013 - JSW Steel Ltd., India’s third-biggest steelmaker, will consider selling its U.S. mill complex to help reduce debt and boost earnings as a revival in the world’s biggest economy spurs demand, Bloomberg reports.

Report: Judge Splits Verdict in EPA Case Against U. S. Steel

22 August 2013 - The federal government can’t seek to fine U.S. Steel for violations it claims the company made more than 20 years ago to its Gary Works plant, a federal judge ruled Wednesday, but it can seek to force the company to install new controls for pollutants, the Chicago Post-Tribune reported.

Edwards Acquired by Atlas Copco Group

22 August 2013 - Edwards Group Limited, a developer and manufacturer of sophisticated vacuum products, abatement systems and related value-added services, and Atlas Copco Group, a Sweden-based provider of industrial productivity solutions, announced that the companies have entered into a definitive merger agreement in a transaction valued at up to approximately US$1.6 billion, including the assumption of debt.

Paul Wurth Performs 24-Hour Preventative Maintenance for ThyssenKrupp CSA

22 August 2013 - On 8 July 2013, the service experts of Paul Wurth do Brasil performed a 24-hour preventive maintenance program at blast furnaces No. 1 and 2 and at the INBA® slag granulation facilities of ThyssenKrupp CSA’s integrated steel plant at Sepetiba Bay in Brazil. It was the first time ever that Paul Wurth was in charge of such a servicing package.

AK Steel Reaches Environmental Agreement with U.S. EPA and Kentucky

22 August 2013 - AK Steel has reached an agreement to settle an action brought on behalf of the U.S. Environmental Protection Agency and Commonwealth of Kentucky under the Clean Air Act and other statutes and regulations with respect to AK Steel's former Ashland, Ky., coke plant.  The agreement was reached without admission of the alleged violations by AK Steel. 

Supply Dynamics Named a 2013 'Great Supply Chain Partner' By SupplyChainBrain

22 August 2013 - Supply Dynamics, a leading source of multi-enterprise technology solutions that provide visibility, collaboration, and control of supply in distributed manufacturing environments, announced that it has been selected as one of 2013’s ‘Great Supply Chain Partners’ by SupplyChainBrain, a supply chain management information resource.

Fives Stein to Supply CAL Furnace Equipment for Baosteel's Zhanjiang Project

21 August 2013 - Fives Stein, designer of high technology furnaces and thermal equipment for steel and glass, has been awarded a major contract to design and supply a continuous annealing line vertical furnace for Baosteel’s Zhanjiang project.

June Steel Shipments Down 3% from May in U.S.

21 August 2013 - The American Iron and Steel Institute (AISI) reported that for the month of June 2013, U.S. steel mills shipped 7,806,319 tons, a 3% decrease from the 8,047,245 tons shipped in the previous month, May 2013, and a 2.6% decrease from the 8,016,834 tons shipped in June 2012.

Albion Devices Introduces New Noncontact, Long Stand-Off Distance, Thickness and Position Gaging Systems

21 August 2013 - Albion Devices, Inc., an engineering firm specializing in precision measurement instrumentation, recently announced the introduction of its non-contact ultrasonic gaging and positioning systems.