Steel News

Northwest Pipe Adds Steel Exec to Board of Directors

01 September 2010 - Northwest Pipe announces the election of James E. Declusin, former CEO of Oregon Steel Mills and Evraz Inc. NA, to its board of directors.

Corus Increases Aerospace Steel Prices

01 September 2010 - Corus Specialty Steels has increased transaction prices for its aerospace products by between 4% and 10% on orders acknowledged for delivery after January 1, 2011. The price increase will apply to the full range of air melted and remelted products in ingot, slab, billet, bar, and coil form.

Universal Stainless Names New Chief Technology Officer

01 September 2010 - Universal Stainless & Alloy Products, Inc. has named Arthur C. Reardon, Ph.D., to the newly created position of Chief Technology Officer effective August 31, 2010. He will lead metallurgical process development and oversee all company laboratory capability testing and analysis.

Vale Signs Railroad and Port Contracts

01 September 2010 - Vale has signed contracts with Gerdau Açominas to transport steel products and coal using Vale's logistics infrastructure—Vitória-Minas Railroad and Praia Mole Terminal in Espírito Santo—over the next three years.

Severstal Announces Changes to Senior Management Team

01 September 2010 - Changes to OAO Severstal’s senior management team will take effect on September 1, 2010. These include Alexander Grubman, currently CEO of Severstal Resources division, being appointed CEO of Severstal Russian Steel.

ArcelorMittal Kryviy Rih Steel Bars Named Best Domestic Product

31 August 2010 - Deformed reinforcing steel bars produced by OJSC ArcelorMittal Kryviy Rih were recently recognized in Ukraine as a “Best domestic product 2010” after receiving high marks in product quality, domestic and foreign sales, and positive feedback from customers, among other categories.

Gerdau Closes Gerdau Ameristeel Transaction

31 August 2010 - Gerdau Ameristeel and Gerdau announce the completion of Gerdau’s acquisition of all remaining shares of Gerdau Ameristeel pursuant to the recently announced plan of arrangement.

Air Liquide Invests in New Production Units in Middle East

31 August 2010 - Air Liquide continues its development in the Middle East, investing almost €60 million in new production units in Egypt, Qatar, and Syria to support customers from the steel sector.

SMDI Honors the Steel Food Can

31 August 2010 - Investor company members of the Steel Market Development Institute (SMDI) are celebrating 200 years of food can innovation and honoring households across America that incorporate canned food into recipes and meals.

ThyssenKrupp Nirosta Consolidates Stainless Steel Service Center Operations

31 August 2010 - ThyssenKrupp Nirosta plans to consolidate all its stainless steel service center operations in a single unit, operating under the name ThyssenKrupp Nirosta. The new structure will take effect at the start of the new fiscal year on October 1, 2010.

Timken to Increase Prices on Cold-Drawn Tubing

31 August 2010 - Timken announces plans to increase prices on cold-drawn carbon and alloy seamless mechanical tubing by up to 30%, depending on size and product specification.

Posco-South Asia Begins Operation

30 August 2010 - Posco-South Asia was officially launched in Bangkok, Thailand, on August 25 to help establish a global steel network in emerging markets of the Southeast Asia region, including Vietnam, Malaysia, and Indonesia, as well as Southwest Asia including India.

Gerdau Ameristeel Obtains Final Order for Plan of Arrangement

30 August 2010 - The Ontario Superior Court of Justice has issued a final order approving the plan of arrangement for Gerdau SA’s acquisition of all remaining common shares of Gerdau Ameristeel. The plan is expected to close on Monday, August 30, 2010.

ArcelorMittal Monlevade Contracts Paul Wurth Group for Blast Furnace Construction

30 August 2010 - ArcelorMittal awarded to the Paul Wurth Group a design and supply contract for the new “B” furnace and all auxiliary plants that will form the base of capacity expansion at ArcelorMittal’s Monlevade plant in Minas Gerais, Brazil. “B“ blast furnace is scheduled to be commissioned in May 2012.

ThyssenKrupp’s Duisburg-Bruckhausen Meltshop Reaches Production Milestone

30 August 2010 - ThyssenKrupp Steel Europe’s BOF meltshop in Duisburg-Bruckhausen produced on August 25 its 150 millionth tonne of crude steel.

Corus, SSI Sign MoU for Potential Sale of Teesside Cast Products

30 August 2010 - Corus UK Ltd. and Sahaviriya Steel Industries Public Co. Ltd. have signed a Memorandum of Understanding that sets the scope of a potential transaction whereby SSI would acquire from Corus the Teesside Cast Products business.

Outokumpu Stainless Steel Used to Construct Spillway Control System

27 August 2010 - Hydroplus has selected Outokumpu’s lean duplex LDX 2101 stainless steel in the upgrade of the La Para dam in Adelaide, Australia, with Fusegates, the company’s proprietary technology to increase reservoir storage capacity.

Gerdau Açominas Selects Tenova to Supply Walking Beam Furnaces

27 August 2010 - Gerdau Açominas and Tenova LOI Italimpianti have agreed upon the supply of two walking beam furnaces for slabs to be installed in the new Plate/Steckel mills of the Gerdau Açominas Plant in Ouro Branco, Brazil. The furnaces will each have a production capacity of 220/265 tonnes per hour.

EPA Orders Tonawanda Coke to Comply with Clean Water Act

27 August 2010 - The U.S. EPA has ordered the Tonawanda Coke to comply with its Clean Water Act permit. Among other violations, Tonawanda Coke is discharging industrial wastewater containing cyanide in excess of its permit limits into the town of Tonawanda’s sanitary sewer system.

Olympic Steel to Add Service Center in Kentucky

27 August 2010 - Olympic Steel has purchased a service center facility in Mount Sterling, Ky., that it will use to perform plate burning, machining, forming, and shot blasting.