Steel News

Outotec Opens Office in Jakarta to Strengthen Presence in Indonesia

03 May 2013 - As part of its growth and expansion plans in Asia Pacific, Outotec announced the opening of its office in Jakarta, Indonesia.

Rautaruukki and Ruukki Group Settle Name Dispute

03 May 2013 - Rautaruukki Corporation (Ruukki) and Ruukki Group Plc have settled their name dispute. Consequently Ruukki Group is to change its names. Ruukki Group is to assign all its rights to the Ruukki name and Ruukki trademark to Rautaruukki.

Largest Steel Industry Conference Opens on Monday in Pittsburgh

02 May 2013 - AISTech 2013, North America’s largest annual steel conference and exposition of the year, opens on Monday, 6 May at the David L. Lawrence Convention Center, Pittsburgh, Pa., USA.

Wilkinson Steel Completes Sale of Assets to Samuel, Son & Co.

02 May 2013 - Wilkinson Steel and Metals Inc. has completed a sale of assets to Samuel, Son & Co., Limited effective 30 April 2013.

Wheeling-Nisshin Announces Organizational Change

02 May 2013 - Nisshin Steel Co. announced that Mr. Takuya "Tuck" Hashida will return to a new assignment in Japan in late June 2013. Mr. Hashida will be replaced by Mr. Tetsuhiko "Tanner" Okano. Mr. Okano will assume the role of executive vice president of manufacturing.

O'Neal Steel Names New Director of Human Resources

02 May 2013 - O’Neal Steel, Inc. announced the appointment of Jay Morrow as director of human resources. He will oversee all human resource activities for O’Neal Steel, O’Neal Manufacturing Services and CHRG Metals - a specialty division of O'Neal Steel.

New Reversing Cold Mill Launched at Starcore in Thailand

02 May 2013 - Esmech Equipment Pvt. Ltd., an Indian joint venture partner of SMS Siemag, has successfully put into operation the new reversing cold mill at Starcore Co. Ltd. in Rayong, Thailand.

RHI Acquires Additional 26% in Orient Refractories Through Public Offer

02 May 2013 - RHI has acquired another 26% of shares of Orient Refractories Ltd.

AISI: Import Market Share in U.S. at 23% in April

01 May 2013 - The American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of April total 2,576,000 tons. This was a 3% decrease from the 2,650,000 permit tons recorded in March but up by 4% from the March preliminary imports total of 2,476,000 tons. 

Prolamsa Group Chooses Texas for Location of New Pipe and Tube Plant

01 May 2013 - The Prolamsa Group announced it will build its new 300,000 ton pipe and tube mill in Bryan, Texas.

Bahru Stainless Puts 20-Roll Millstand from SMS Siemag into Operation

01 May 2013 - The first strip was successfully rolled on the new 20-roll cold-rolling stand at Bahru Stainless SDN BHD in Johor Bahru, Malaysia.

Mechel Signs Supply Agreement with POSCO

01 May 2013 - Mechel's mining division trading subsidiary Mechel Carbon (Singapore) Pte. Ltd. has signed a three-year contract with South Korea's POSCO Corporation for supply of coking coal.

Konecranes Listed as One of the Best Companies for Leaders

01 May 2013 - For the second consecutive year, Konecranes has been named to Chief Executive’s list of 40 Best Companies for Leaders.

Cliffs Natural Resources' Leader says Company is 'Headed in the Right Direction'

01 May 2013 - As the company reported its first quarter earnings results, Cliffs Natural Resources' chairman, president and CEO Joseph Carrabba said the company in headed in the right direction and anticipates the end markets for its products to remain healthy.

SSAB Foresees Weak Growth in Europe, a Slow Recovery in the U.S., and Continued Solid Demand in Latin America

01 May 2013 - SSAB said the first quarter of the year was characterized by a degree of restocking by customers, which had a positive impact on the company's volumes within all business areas.

TMS Confident as it Reports First Quarter Earnings

01 May 2013 - TMS International Corp., the parent company of Tube City IMS Corporation, a provider of outsourced industrial services to steel mills globally, said it continues to face a challenging industry environment as it reported its first quarter earnings results.

U. S. Steel Posts $73 Million Net Loss in First Quarter

30 April 2013 - As it reported its first quarter earnings, U. S. Steel projected flat-rolled market conditions in North America for the second quarter to be comparable to the first quarter.

Siemens Launches “Manufacturing in America: Making Things Right” Thought Leadership Tour

30 April 2013 - Siemens Industry Sector has launched its “Manufacturing in America: Making Things Right” tour, a series of thought leadership events designed to explore the trends shaping America’s next industrial evolution, and the challenges that still exist.

Cliffs Natural Resources Announces Planned Departure of Chief Strategy Officer

30 April 2013 - Cliffs Natural Resources Inc. announced that Steven Raguz, executive vice president, corporate strategy and communications & chief strategy officer, will leave the company effective 1 May 2013.

Outukumpu Reports Quarterly Results in Challenging Stainless Steel Market

30 April 2013 - For the second quarter, Outokumpu expects sequentially flat or slightly lower delivery volumes, weaker product mix and increased uncertainties from the nickel price development to be partially offset by the positive effects of its Ferrochrome and Calvert ramp-ups.