Steel News

Siemens Announces the Release of its New Product Line of Push Buttons, Sirius Act

29 May 2015 - Siemens announces the new launch of Sirius Act, a unique portfolio of 22 mm IEC push buttons, indicator lights and selector switches that showcase modern design, extreme robustness, flexible communication, and ease of installation.

ArcelorMittal and SAIL Sign MoU on Automotive Steel Joint Venture in India

28 May 2015 - ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under a Joint Venture (‘JV’) arrangement in India.

Alpha Natural Resources Affiliates to Downsize Central Appalachian Mining Operations

28 May 2015 - Operating affiliates of Alpha Natural Resources, Inc. (NYSE: ANR) have notified employees today of the expected idling of the mining and processing operations where they work.

Outokumpu CEO Mika Seitovirta elected the Chairman of ISSF

27 May 2015 - The International Stainless Steel Forum (ISSF) elected Mika Seitovirta, Outokumpu CEO, as new chairman in the organization’s 19th Annual Conference in Hong Kong, China.

Outokumpu’s Stainless Steel Fuel Tank Wins ISSF New Applications Award

27 May 2015 - A stainless steel fuel tank developed by Outokumpu received the New Applications Award by ISSF (International Stainless Steel Forum) in the Best New Development Award category at the ISSF Annual Conference in Hong Kong, China.

Steel Dynamics Announces Indefinite Idle of Minnesota Operations

27 May 2015 - Steel Dynamics, Inc. announced plans to idle its Minnesota ironmaking operations located in Chisholm and Hoyt Lakes, MN, effective immediately.

MMK Modernizes Its Power Facilities

26 May 2015 - OJSC Magnitogorsk Iron and Steel Works ("MMK" or “Company”) has commissioned a new turbo blowing machine (“TBM”) at the mill’s steam power plant.

Steel Dynamics Announces Planned Paint Line and Galvalume® Capability Expansion

26 May 2015 - Steel Dynamics, Inc. announced plans to expand its offering of value-added flat roll steel products through the addition of painting and Galvalume capabilities at its Columbus, Mississippi steel mill.

Russel Metals Announces the Acquisition of Western Fiberglass Pipe Sales

25 May 2015 - Russel Metals Inc. announced that it completed the acquisition of the operations of Western Fiberglass Pipe Sales.

Fives’ New High-Flux Magnetic Induction Technology

25 May 2015 - Fives, a global industrial engineering group that designs and supplies process technologies to various industries, has developed a new generation of reheating furnace inductors with reduced operational costs and minimized NOx emissions.

Primetals Technologies sells first EAF condition monitoring system to North American Höganäs

22 May 2015 - A new system to monitor key parameters of an electric arc furnace has had its first global sale after a successful pilot installation in Germany.

ArcelorMittal Announces Closure of Georgetown, S.C. Wire Rod Facility

21 May 2015 - According to a report by The Sun News, more than 220 skilled laborers and professionals at ArcelorMittal in Georgetown, S.C., USA, will lose their jobs later this year.

Praxair Signs Long-Term Supply Agreement in India

20 May 2015 - Praxair, Inc. (NYSE: PX) today announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the company’s blast furnace in Tadipatri, Andhra Pradesh.

TMK Ipsco Lays Off 115 Employees in Beaver County, Penn., USA

20 May 2015 - According to the Pittsburgh Business Times, TMK Ipsco has laid off more employees in Beaver County, Penn., USA.

Pragmatism and Amusement Bookend the 2015 Excellence in Hot-Dip Galvanizing Awards

19 May 2015 - The American Galvanizers Association (AGA) is pleased to announce the winners of the 2015 Excellence in Hot-Dip Galvanizing Awards.

Europe's Largest Motors and Drives Package Powers Tata Steel Reversing Rougher

18 May 2015 - Two of Europe’s largest synchronous motors, along with the highest power-rated medium voltage (MV) drives ever used in a reversing roughing mill, have been commissioned by ABB at Tata Steel’s Port Talbot hot strip mill in South Wales.

Steel Market Development Institute Announces Bar Steel Fatigue Database Now At 134 Iterations

18 May 2015 - Today, the Long Products Market Development Group (LPMDG) of the Steel Market Development Institute (SMDI), announced the fifth update of its online Bar Steel Fatigue Database.

SGL Group Presents Comprehensive Range of Specialty Graphite for Casting Applications and High-Temperature Furnaces

18 May 2015 - SGL Group – The Carbon Company – will show its specialty graphite products and services for casting applications and high temperature furnaces at the 13th International Foundry Trade Fair (GIFA) and the 11th International Trade Fair and Symposium for Thermo Process Technology (THERMPROCESS), held from June 16 to June 20 in Duesseldorf, Germany.

Houghton International Resurrects Its Popular Industry Periodical for Sesquicentennial Anniversary Issue

12 May 2015 - Houghton International Inc., a global leader in metalworking fluids, is bringing back its popular industrial periodical, The Houghton Line, to celebrate the company’s 150th anniversary.

EUROFER Calls for a Timely and Effective EU Trade Policy -- EU Imports Surge Forced Closures of Stainless Steel Drawn Wires Producers

11 May 2015 - In line with the modest European economic recovery, the stainless steel long products demand in Europe recorded a slight improvement in 2014. However, imports from third countries benefited most from the increase in apparent consumption.