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Headlines
Latest News
Carpenter Completes Sale of Metal Shapes Business
09 July 2008 - Carpenter Technology completes the sale of its Rathbone Precision Metals business to Treci Srl, controlling company of Calvi Holdings, Srl.
Outokumpu to Supply Quality Yield Management Software for Avesta
08 July 2008 - ISRA Vision Parsytec will provide a new surface inspection system and a parsytec 5i site license for stainless steel producer Outokumpu.
PSI to Supply Manufacturing System for Villares Metals SA
08 July 2008 - PSI will supply its PSImetals manufacturing execution system to Villares Metals SA for its plant in Sumaré.
NLMK to Add New Power Plant at Lipetsk
08 July 2008 - NLMK signs contract for a new 150-MW power plant at its main production site in Lipetsk.
Optima International Acquires Michigan Seamless Tube
08 July 2008 - Optima International of Miami, Inc. and the Privat Group acquire Michigan Seamless Tube LLC from Atlas Holdings LLC and other investors.
Danieli to Supply SBQ Rolling Mill for Shougang Baoye
08 July 2008 - Danieli will supply Shougang Baoye with a new high-capacity rolling mill capable of producing 1.0 million tonnes/year of large-size SBQ bars.
Severstal Completes Acquisition of WCI Steel
08 July 2008 - OAO Severstal completes its acquisition of WCI Steel for a total cash consideration of US$140 million.
Arcelor Mittal Grants Final Approval for Tenova Walking Beam Furnace
07 July 2008 - ArcelorMittal grants final acceptance to Tenova LOI Italimpianti Genoa for the 450 tonne/hour walking beam furnace at the new MSPKK Hot Strip Mill located in Krakow, Poland.
AISI Joins American Scrap Coalition
07 July 2008 - The American Iron and Steel Institute joins the American Scrap Coalition to urge strong government action to eliminate the taxes and other market access barriers that numerous offshore governments maintain on their exports of steel scrap.
AK Steel Announces August Surcharges for Electrical Steels
07 July 2008 - AK Steel will add a $905-per-ton surcharge to invoices for electrical steel products shipped in August 2008.
Siemens to Supply Finger-Shaft EAF, Ladle Furnace, Billet Caster for New Severstal Minimill
07 July 2008 - Siemens VAI Metals Technologies will supply a finger-shaft electric arc furnace, ladle furnace, dedusting system, and billet caster for OAO Severstal’s new long-product steelmaking facility to be built at Balakovo in Russia.
EMG Automation to Install eMASS Strip Stabilization System for Corus Color
07 July 2008 - EMG Automation was recently awarded an order by Corus for the installation of an eMASS strip stabilization system at Myriad, the company’s Corus Color subsidiary in France.
ALJ Reports Third Quarter Revenues
07 July 2008 - ALJ, the parent company of Kentucky Electric Steel, reports revenues of $51.1 million for the quarter, and revenues of $133.4 million for the nine months ended June 30, 2008.
ArcelorMittal and AREVA Enter Industrial Partnership
04 July 2008 - AREVA and ArcelorMittal enter agreement for a 70-million-Euro investment aimed at increasing production of steel products for the nuclear industry at ArcelorMittal subsidiary, Industeel.
Gerdau Ameristeel to Begin Phase One Expansion at Jacksonville
04 July 2008 - Gerdau Ameristeel announces initiation of the first two phases of the announced expansion of its Jacksonville, Fla., steel mill, which will ultimately expand the facility’s annual melting and rolling capacity to more than 1.0 million tons of rebar products.
Tenova Pyromet to Supply Equipment for Henan Sunshine Furnaces
03 July 2008 - Tenova Pyromet will design and supply equipment for two 39-MVA furnaces that Chinese Henan Sunshine Silicon Technology Development will build in the Henan Province in China.
Terra Nostra Anticipates Strong Demand for Stainless in China
03 July 2008 - Based on recent industry analysis, Terra Nostra Resources is anticipating sustained strong domestic demand for stainless steel in China.
Siemens to Supply BOFs, Degasser, LFs for New Facility at Posco’s Pohang Works
03 July 2008 - Siemens VAI Metals Technologies will supply engineering and equipment for a new BOF-based steelmaking facility at Posco's existing steelmaking facilities in Pohang, Korea.
Global Stainless Steel Production Recovers in First Quarter
03 July 2008 - Global stainless steel production reached 7.4 million tonnes in the first quarter of 2008, according to preliminary figures just released by the International Stainless Steel Forum.
Steel Import Permit Applications Hold Steady through June
03 July 2008 - Steel import permit applications totaled 2,533,000 net tons in June, a 1% increase from the 2,514,000 permit tons recorded in May 2008, according to the latest report from the American Iron and Steel Institute.
