Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks
06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.
Schnitzer Board Announces a New Independent Director
06 May 2015 - On 29 April 2015, Schnitzer Steel Industries, Inc. announced the election of Michael W. Sutherlin to its Board of Directors.
Grupo Simec Announces Results of Operations for the First Quarter of 2015, Ended March 31, 2015
06 May 2015 - Grupo Simec, S.A.B. de C.V. announced its results of operations for the three-month period ended March 31, 2015.
TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15
05 May 2015 - - Net sales of $388.7 million is flat to prior-year quarter. - Reported earnings per share of $0.15, a 76.1 percent decrease over adjusted(1) prior-year quarter. - Paid quarterly dividend of $0.14 per share. - Opened advanced technology center in Canton, Ohio.
ARCEO launches a 60 million EUR investment in Belgium with a breakthrough coating technology
05 May 2015 - ARCEO, a joint venture from ArcelorMittal and Sogepa (Société de Gestion et de Participations) is investing 60 million EUR in the construction of an innovative coating line at Kessales (Liège) in Belgium.
Outokumpu: Jan Hofmann Appointed President, APAC and Member of ohe Outokumpu Leadership Team
05 May 2015 - Jan Hofmann has been appointed President of the APAC business area and member of the Outokumpu Leadership Team effective 29 April 2015.
Alpha Natural Resources Announces Results for First Quarter 2015
04 May 2015 - Alpha Natural Resources, Inc., a leading U.S. coal supplier, reported a first quarter 2015 net income of $68 million or $0.30 per diluted share, compared with a net loss of $56 million or $0.25 per diluted share in the first quarter of 2014.
Salzgitter-Group Announces Strong First Quarter of 2015
04 May 2015 - In the first quarter of the financial year 2015 the Salzgitter Group generated external sales of € 2.3 billion, reflecting a stable performance over the previous quarter, and posted a pre-tax profit of € 51.8 Mio. (first quarter of 2014: € –8.7 million).
Universal Stainless Reports First Quarter 2015 Results in Line With Preliminary Forecast
01 May 2015 - • Net Sales are $56.0 Million - Highest in 10 Quarters • Premium Alloy Sales Reach Record 9% of Total Sales • Gross Margin and Operating Income Reduced by Effect of Commodity Price Drop on Surcharges • Net Income Totals $0.1 Million, or $0.02 per Diluted Share • Quarter-End Backlog Is $58.5 Million
Outokumpu Reports EUR 2 Million Underlying EBIT for the First Quarter of 2015
01 May 2015 - Outokumpu reported underlying EBIT of EUR 2 million versus EUR -9 million in the fourth quarter of 2014. The improvement in profitability was driven by higher volumes and steady performance in Coil EMEA, whereas Coil Americas’ performance was disappointing.
United States Steel Corporation Reports 2015 First Quarter Results
01 May 2015 - -- Net loss of $75 million, or $0.52 per diluted share; Adjusted net loss of $10 million, or $0.07 per diluted share -- Adjusted EBITDA of $110 million -- Operating cash flow of $136 million -- Total liquidity of $2.8 billion, including $1.3 billion of cash -- Updated full-year 2015 outlook to adjusted EBIT of $115 million to $315 million and adjusted EBITDA of $700 million to $900 million
Ovako Releases Interim Report for First Quarter 2015
30 April 2015 - • The quarter began with weak order intake, which gradually improved. Order intake was 10 percent lower than in the strong first quarter of 2014 • Sales volumes were impacted by the weak order intake at the end of last year and decreased by 8 percent compared with the first quarter of 2014. An improved sales mix limited the decrease in revenue to 7 percent • Operating profit before depreciation and amortisation (EBITDA) amounted to EUR 27 (30) million and operating profit (EBIT) amounted to EUR 17 (18) million • Cash flows from operating activities amounted to EUR -5 (5) million • Steel and metals distributor Ovako Metals Oy Ab (formerly Tibnor Oy) in Finland was acquired on March 31 which has lead to a 3 MEUR positive one-off effect on operating profit
Mechel Reports 2014 Operational Results
30 April 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced its 2014 operational results.
Cliffs Natural Resources Inc. Reports First-Quarter 2015 Results
30 April 2015 - Cliffs Natural Resources Inc. reported its first-quarter results for the period ended March 31, 2015.
AK Steel Reports Financial Results for First Quarter of 2015
30 April 2015 - AK Steel reported its financial results for the first quarter of 2015 on 28 April 2015..
Usiminas Releases 1Q15 Results
29 April 2015 - The main operational and financial indicators were: • Steel sales volume of 1.3 million tons; • Iron ore sales volume of 1.1 million tons; • Consolidated Adjusted EBITDA of R$379.5 million and Adjusted EBITDA Margin of 14%; • Working Capital on 03/31/15 of R$2.7 billion; • Investments of R$232.3 million.
voestalpine Stahl GmbH to Use Robots From Primetals Technologies in Its Converter Steel Works
29 April 2015 - • Robot systems to manipulate the probes on the three converters. • Higher sublance availability and greater safety at work. • Measuring probes in exchangeable containers simplify probe handling.
AIC Successfully Completes a Notable Revamping Project in Acindar, Arcelor Mittal Group
29 April 2015 - AIC has successfully accomplished a main revamping project in Acindar, part of Arcelor Mittal group, at Tren Bonelli in San Nicolas - Argentina, during the main shutdown in last February.
ArcelorMittal Publishes 2014 Annual Review and Fact Book
29 April 2015 - ArcelorMittal, the world’s leading steel and mining company, has published its 2014 annual review and fact book on a dedicated website.
Air Products Signs Agreement With Big River Steel
28 April 2015 - Air Products announced that it has signed a product supply agreement with Big River Steel, LLC. Under the terms of the agreement, Air Products will operate an air separation unit (ASU) producing multiple industrial gases and a PRISM® hydrogen generator. The onstream target for all the units is July 2016.