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Headlines
Latest News
Steel Dynamics to Expand Production of SBQ Steels
17 February 2012 - Steel Dynamics will expand the company’s Engineered Bar Products Division in Pittsboro, Ind., with the addition of a second rolling line that will permit concurrent production of small-diameter precision and larger-diameter bars.
JSW Steel to Become Equity Method Affiliate of JFE Steel
17 February 2012 - JFE Steel Corporation raises its ownership ratio in JSW Steel Limited to 15% by partly converting global depositary receipts with no voting rights into common shares.
Baosteel Cuts SO2 Emissions by 50% in Four Years
16 February 2012 - According to its latest statistics, Baosteel Co., Ltd. has cut total SO2 emissions by over 50% since 2008. Its SO2 emissions in 2008 exceeded 30,000 tonnes, while in 2011 the emission was 15,000 tonnes.
Tenova to Supply Walking Beam Furnaces for New Tata Steel Plant
16 February 2012 - Tenova LOI Italimpianti and Tenova Hypertherm will begin 2012 by supplying three 350 tonnes/hour walking beam furnaces to the new Tata Steel plant in Kalinganagar, in Orissa, India.
ALJ Announces 1st Quarter Earnings
16 February 2012 - ALJ, the parent company of Kentucky Electric Steel, reported a net profit of $1.724 million on net sales of $38.90 million for the first quarter ended December 31, 2011.
Russel Metals Reports Strong 2011 Results
16 February 2012 - Russel Metals Inc. announced earnings of $29 million on revenues of $712 million for the fourth quarter and earnings of $118 million on revenues of $2.7 billion for the full year 2011.
Mechel Suspends Operation of Two Romanian Plants Due to Weather
16 February 2012 - Mechel OAO reports that work was temporarily halted at Mechel Campia Turzii and Ductil Steel Buzau plants due to problems with shipping in raw materials because of severe weather conditions.
EUROPIPE to Supply Pipe for Australian Sub-Sea Pipeline
15 February 2012 - Large-diameter pipe manufacturer EUROPIPE GmbH has been contracted to supply the main part of a major offshore project, the Ichthys LNG (liquefied natural gas) Project.
MMK Honored for Growth, Efficiency, Responsibility Efforts
15 February 2012 - MMK won first place for the nomination “Social programs for employees, supporting motherhood and childhood” in recognition of the company’s achievements in corporate social responsibility in 2011. The annual award is granted by the Russian Union of Industrialists and Entrepreneurs.
Baosteel European, Japanese Branches Cope with Cold Weather, Snow
15 February 2012 - Baosteel's overseas branches have recently been impacted by a severe cold spell invasion in European countries and heavy snowfall in Japan. The severe weather has brought inconvenience to the local people's work and life.
ThyssenKrupp Reports Stable Order Intake, Sales in First Quarter
15 February 2012 - In its fiscal first quarter, ThyssenKrupp Group was able to hold orders (€10.1 billion, up 1%) and sales (€9.9 billion, down 1%) from continuing operations (without Inoxum) steady year-on-year.
SMS Elotherm and Tech Induction Form Partnership in U.S.
15 February 2012 - SMS Elotherm and Tech Induction Corp. have teamed up to improve the support of customers in North America, allowing the two partners to offer a wider range of products and services. Tech Induction will contribute to the joint business a 3500-square-meter production workshop in Detroit.
Air Liquide Brings New ASU Online in Louisiana
14 February 2012 - Air Liquide Large Industries U.S. LP has started up a new Air Separation Unit (ASU) at its facility in Geismar, La. to increase its supply of nitrogen, oxygen and argon to customers in a range of industries.
PSI Awarded Contract from NLMK Subsidiary in Russia
14 February 2012 - PSI has been contracted by Russian steel company NLMK to supply of the PSImetals solution as manufacturing execution system for their newly erected long-product plant in Vorsino.
Mechel Reports Suspension of Work at Several New-Olzherassk Facilities
14 February 2012 - Mechel OAO reports that work was temporarily halted at several facilities at New-Olzherassk mine, which is part of Southern Kuzbass Coal Company.
Steel Industry Veteran Named to Steelcraft Board of Directors
14 February 2012 - Steelcraft, a leading provider of custom-engineered steel products, components and systems, has appointed David Sutherland, formerly President and CEO of Ipsco, to its Board of Directors.
SSAB Makes Changes in Group Executive Committee
14 February 2012 - SSAB is developing and strengthening its Group Executive Committee, beginning with the promotion of Karl-Gustav Ramström, previously Head of Marketing, to the position of Executive Vice President, Chief Technical Officer (CTO).
Broner to Provide Scheduling Solution for Gerdau Açominas Steckel-Plate Complex
13 February 2012 - Broner Metals Solutions has been selected by Gerdau Açominas to implement a new Advanced Planning & Scheduling solution for Gerdau’s new Plate and Steckel Mills in Minas Gerais, Brazil.
Essar Steel Algoma Reports Positive 4th Quarter EBITDA
13 February 2012 - Essar Steel Algoma reported positive EBITDA of $30.2 million and a net loss of $50.8 million on sales of $490.5 million for the three month period ending December 31, 2011.
ThyssenKrupp Steel Europe Sees Benefits in New Chemcoater at Siegerland
13 February 2012 - ThyssenKrupp Steel Europe reports significantly improved workflows on the coil-coating line 3 at the Siegerland location with the startup of a new chemcoater.
