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Headlines
Latest News
Severstal Reapplies for U.S. Department of Energy Loan
22 June 2012 - Severstal North America has reapplied for a loan from the U.S. Department of Energy to produce lighter and stronger steel for automakers and suppliers.
Tenaris Announces $1.5 Billion Investment Plan for U.S. Operations
22 June 2012 - Tenaris announced a US$1.5 billion investment plan to expand its U.S. operations including the installation of a state-of-the-art seamless pipe mill, heat treatment and premium threading facilities.
Severstal North America Hosts Grand Opening of Newest Steelmaking Facilities
22 June 2012 - Severstal North America hosted a grand opening celebration of the company’s new steelmaking facilities in Dearborn, Mich. on 21 June.
CMI FPE Doubles Its Production Capacities with New Cold Rolling Mills Manufacturing Center
22 June 2012 - CMI FPE unveiled on 30 May 2012 the new layout of its Taloja (Maharashtra) facility; the expansion doubles the production capacities of this plant, henceforth known as CMI Center of Excellence for Cold Rolling Mills Manufacturing.
Nippon Seeks $1.2 Billion in Compensation from POSCO Over Technology Dispute
22 June 2012 - Nippon Steel is demanding US$1.2 billion in compensation in a legal case charging POSCO with improperly obtaining electrical steel sheet technology.
2012 Awards for Steel Excellence Winners Announced
22 June 2012 - American Metal Market (AMM) recently announced the winners of this year's Awards for Steel Excellence.
U. S. Steel Names Eric K. Schomer General Manager-Procurement
22 June 2012 - United States Steel Corporation announced Eric K. Schomer has been advanced to the position of general manager – procurement, effective 1 June 2012.
Tenaris Inaugurates Finishing Line for Boiler Tubes in Romania
22 June 2012 - After a US$60 million investment in the construction of a dedicated finishing line carried out in conjunction with other improvements to the hot rolling mill, Tenaris officially inaugurated its new finishing facility for boiler tubes in Zalau.
SCHALKE Receives Order for Coke Oven Machinery in Brazil
22 June 2012 - Companhia Siderúrgica do Pecém (CSP) - a Brazilian company - is building a new steel plant situated in Pecém in the state of Ceará, Brazil, and has placed an order for coke oven machinery from SCHALKE.
Rio Tinto Takes Next Steps in its Iron Ore Development Plans
21 June 2012 - Rio Tinto is taking the next steps in its phased investment program by committing US$4.2 billion to develop its tier one iron ore business.
SMS Siemag Presents a New EAF for Continuous Operation
21 June 2012 - SMS Siemag has developed a new electric arc furnace, S/EAF®, for continuous operation, which provides 30% higher productivity and lower energy consumption.
Siemens to Modernize Pickling Line Tandem Cold Mill at voestalpine Stahl
21 June 2012 - voestalpine Stahl GmbH has placed an order with Siemens to modernize the coupled tandem pickling line No. 1 at its Linz plant in Austria.
Onesteel and MORE Sign Agreement for Polymer Injection Technology
21 June 2012 - Onesteel NSW Pty Ltd and MORE S.r.l have signed an agreement that will combine their extensive steelmaking and injection technology expertise to promote Polymer Injection Technology.
Nucor Completes Acquisition of Skyline Steel
21 June 2012 - Nucor Corporation has completed the acquisition of Skyline Steel and its subsidiaries for the purchase price of approximately US$605 million.
Essar Steel Algoma Secures Extension to Revolving Credit Agreement
20 June 2012 - Essar Steel Algoma Inc. announced it has entered into an amendment of its US$350 million revolving credit agreement. The revolving credit agreement originally matured on June 20, 2012 and the amendment provides for an extension to the maturity date to the earlier of September 20, 2012.
Marlin Steel Wire Registered by ISO for Quality Management
20 June 2012 - Marlin Steel was certified as an "ISO 9001: 2008" operation.
World Steel Association Reports Global Output 0.7% Higher Year-on-Year in May
20 June 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 131 million tonnes in May 2012, an increase of 0.7% compared to May 2011.
ArcelorMittal to Idle Another Two European BFs
20 June 2012 - ArcelorMittal will idle two European blast furnaces in the third quarter to perform furnace relines.
Essar Steel Minnesota Receives First Large Equipment Shipment
20 June 2012 - Essar Steel Minnesota received the first of several large equipment shipments expected to arrive over the summer as the company makes progress toward startup in mid-2013.
China Nickel Resources in US$1.8 Billion Indonesia Steel Plan
20 June 2012 - China Nickel Resources Holdings is to invest US$1.8 billion in an Indonesian steel project called PT Batulicin Steel with local minority partner PT Jhonlin.
