Steel News

Lee Steel Installs Red Bud Precision Multi-Blanking Line with Stretch Leveler

26 November 2012 - Lee Steel Corporation of Southfield, Mich., has installed a new precision multi-blanking line with stretcher leveler from Red Bud Industries of Red Bud, Ill., at its Wyoming, Mich., service center.

NLMK Indiana Production Beats All-Time Record

26 November 2012 - NLMK Indiana recently broke all time production records. In addition, the company will commission new equipment for its EAF, casting and rolling operations in Q4 2012 and 2013.

SFIA Approves First Certification Program for Cold-Formed Steel Connectors

23 November 2012 - The first ever industry program to independently certify that cold-formed steel (CFS) connectors consistently meet certain minimum manufacturing quality standards has been approved by the Steel Framing Industry Association (SFIA).

MSCI Urges Strong Leadership, Bi-Partisan Cooperation in U.S. Government

23 November 2012 - As Congress returns to work, Metals Service Center Institute (MSCI) expressed the need for Congress and the Obama administration to refocus their energy and efforts on issues critical to manufacturing and the metals industry.

Harsco Announces Resignation of CFO

23 November 2012 - Diversified global industrial company Harsco Corporation announced the resignation of Stephen J. Schnoor as senior vice president, chief financial officer and treasurer.

Mexico Opens Anti-Dumping Probe Into China Seamless Steel Pipes

23 November 2012 - Mexico’s economy ministry said on Wednesday it has opened an anti-dumping probe into Chinese seamless steel pipes after local company TAMSA complained of price differences between the Asian imports and domestic production, Reuters reports.

Wheatland Tube Announces New Partnership with Michigan Seamless Tube

23 November 2012 - Wheatland Tube Company announced it has entered into an agreement with Michigan Seamless Tube to jointly supply A106 seamless pipe to the marketplace.

U. S. Steel Clairton Coke Project to Come On-Line By End of November

21 November 2012 - U. S. Steel’s US$500 million Clairton C-Battery project, the largest capital project in the history of the company’s Mon Valley steel works, is set to come on-line by the end of this month, Mon Valley Works general manager Scott Buckiso told a recent meeting of the Pittsburgh chapters of the AIST and AWMI.

Judge Approves RG Steel Retention Plan

21 November 2012 - A Delaware bankruptcy judge on Tuesday approved a request by failed steelmaker RG Steel to pay $767,000 under a retention program to keep about 20 key employees on the job through the end of the year as the company finishes liquidating its assets, according to Bloomberg Businessweek.

Heidtman Steel Products Says Chinese Firm Owes It $7 million

21 November 2012 - A Toledo company that has supplied steel for the Detroit Three automakers and raw materials to steel mills says it was duped eight years ago by a Chinese business that claimed to have a great supply of coking coal for sale, the Toledo Blade reports.

Herr-Voss Stamco Opens New Mill Services Facility in Indiana

20 November 2012 - Herr-Voss Stamco recently opened an RCI Midwest Division in New Ross, Ind., 10 miles southeast of Crawfordsville.

Optima Specialty Steel to Acquire Kentucky Electric Steel

20 November 2012 - Optima Specialty Steel, Inc., has entered into a definitive merger agreement with ALJ Regional Holdings, Inc., to acquire 100% of KES Acquisition Company dba Kentucky Electric Steel.

U.S., Russia Reach Draft Deal on Hot Rolled Steel Trade

19 November 2012 - The U.S. Commerce Department said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel, Reuters reports.

SDI Roanoke Bar Division Announces Price Increase

19 November 2012 - Steel Dynamics Inc. Roanoke Bar Division announced on 12 November 2012 that it was increasing the price of all its products by $35/ton or $1.75 cwt, effective with shipments beginning 1 December 2012.

Cliffs Natural Resources Announces Significant Adjustments to 2013 Operating Plan

19 November 2012 - Cliffs Natural Resources Inc. announced a decision to delay portions of its Bloom Lake Mine Phase II expansion in Quebec and idle a portion of its production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and Empire Mine in Michigan.

Voestalpine Breaks Ground on New U.S. Plant

19 November 2012 - On 14 November 2012, the voestalpine Group held a groundbreaking ceremony for its Metal Forming Division’s new plant in Cartersville, Ga.

AISI Recognizes DiMicco for His Service to the Institute, Steel Industry

19 November 2012 - The American Iron and Steel Institute recognized Daniel DiMicco, who is stepping down as CEO of Nucor Corporation on 1 January 2013, for his dynamic leadership on AISI's Board of Directors which has been invaluable in advancing the steel industry's pro-manufacturing agenda.

Specialty Steel Industry of North America Releases Market Data for August 2012

19 November 2012 - The Specialty Steel Industry of North America has released statistical data on imports, U.S. consumption, and import penetration for YTD August 2012, commenting that it is particularly tracking remarkable growth in imports of stainless plate, which are up nearly 31% over 2011 levels.

CCR Technologies to Supply 2-Strand Billet Caster to Gerdau Corsa

19 November 2012 - CCR Technologies Inc. of Ontario, Canada, has been awarded the complete turnkey supply of a 2-strand billet caster for Gerdau Corsa of Mexico.

AISI: September Steel Shipments Down 13.7% from August

16 November 2012 - The American Iron and Steel Institute (AISI) reported today that for the month of September 2012, U.S. steel mills shipped 7,233,375 tons, a 13.7% decrease from the 8,377,162 tons shipped in the previous month.