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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Metalloinvest Enters Final Stage of Environmental Project at OEMK
11 February 2015 - Metalloinvest has begun the modernization of the second gas purification unit at its electric arc furnace shop at OEMK (part of Metalloinvest) in Russia.
Ovako Signs Agreement With SSAB to Acquire Tibnor Oy
10 February 2015 - Ovako has signed an agreement with SSAB to acquire steel and metals distributor Tibnor Oy in Finland. The deal has been approved by the European Commission and will now be examined by competition authorities in Finland and Estonia for final approval. The acquisition is expected to have a slightly positive impact on Ovako's operating profit and a slightly negative impact on cash flows for 2015.
Primetals Technologies Revamps Two Wire Rod Mills for China’s Zenith Steel
10 February 2015 - The upgrade increases rolling speed to 105 m/s. Expanded product line allows entry into fine grain rebar markets. Integrated solution includes electrical/automation revamp.
MMK to Maintain Production Volumes, Focus on Maximum Efficiency
10 February 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) plans to maintain production volumes over the next 10 years at approximately 12 million tonnes of metal annually at its key facility in Magnitogorsk, Russia.
Ternium to Fully Acquire Colombian Subsidiary Ferrasa
10 February 2015 - Ternium S.A. has entered into a definitive agreement to acquire the remaining 46% minority interest in its Colombian subsidiary Ferrasa for a total consideration of US$74 million.
IMS Revamping Former RG Slab Caster for U. S. Steel
09 February 2015 - Integrated Mill Systems (IMS) was awarded a contract by U. S. Steel to revamp the electrics and automation for a slab caster that is being relocated from the former RG Steel Sparrows Point mill in Maryland to the U.S. Steel Granite City Works in Granite City, Ill.
TMW Modifies Expansion Plans to Adapt to New Opportunities
09 February 2015 - The Material Works, Ltd. (TMW) announced today that the unprecedented acceptance and growth of Eco Pickled Surface (EPS) technology has forced reconsideration of its plans to open a flat rolled toll processing center adjacent to the Big River Steel mill being currently under construction. TMW will instead expand the capacity of its present Red Bud, Illinois facility to include a new EPS processing and technology center and associated equipment to process the new generation of higher strength steels.
Grupo Simec Comments on U.S. Imposition of Rebar Import Duties
09 February 2015 - Grupo Simec S.A.B. de CV is providing comments on the effects of what it called a “surprising” decision by the U.S. Department of Commerce to impose an antidumping duty of 66.7% on rebar shipments from the company.
TimkenSteel Board of Directors Elects Two Additional Independent Directors
09 February 2015 - The board of directors of TimkenSteel elected two new independent directors: Randall Edwards, president and chief operating officer of Premier Pipe LLC, and Ronald Rice, president and chief operating officer of RPM International Inc. Nine directors now serve on the TimkenSteel board.
USW Members Ratify Labor Agreement for AK Steel's Mountain State Carbon Plant
06 February 2015 - AK Steel (NYSE: AKS) said today that members of the United Steelworkers (USW) international union have ratified a new 4-year labor agreement covering about 215 hourly production and maintenance employees at the company's Mountain State Carbon cokemaking plant in Follansbee, West Virginia.
ArcelorMittal Liberia Donates Second Batch of Medicines
06 February 2015 - ArcelorMittal Liberia recently donated medical supplies to the Grand Bassa County Government Hospital.
EVRAZ to Supply Rails to Brazil
06 February 2015 - EVRAZ signed two contracts to supply rails to Brazil. For the first time, the company will ship to Latin America rails produced at its West-Siberian Steel Plant (EVRAZ ZSMK).
Dan DiMicco’s Book "American Made" Due Out on 3 March 2015
05 February 2015 - Dan DiMicco's book, American Made, hits the digital bookshelves early next month.
NLMK Group Funding for Social Programmes Up 14% in 2014
05 February 2015 - NLMK Group (LSE: NLMK), the largest steelmaker in Russia and one of the most efficient in the world, increased funding for social programmes in 2014 by 14% to 2.9 billion rubles.
Germany's Stahlwerk Thüringen Hopes to Expand Range of Heavy Sections
05 February 2015 - The company is planning to expand its range of beams to produce wider dimensions that can bear heavier loads.
Gerdau Employees Donate More Than 44,000 Pounds of Food to Local Charities
05 February 2015 - Employees of Gerdau’s North American special and long steel business divisions collected more than 44,000 pounds of non-perishable food items for charities in the communities in which they operate during the 2014 holiday season.
SSAB’s New Hardox Tube 500 Range Enables Extreme Wear Resistance for Lighter Products
05 February 2015 - The new Hardox Tube 500 range has been launched by SSAB. The new range provides the same hardness and toughness as Hardox wear plate, but in circular form.
ArcelorMittal Awarded for Innovative Concrete Dowel Technology
04 February 2015 - ArcelorMittal Europe – Long Products was recognized for the development of “CoSFB-Betondübel”, an innovative concrete dowel technology, by the German steel construction industry.
Severstal Certified for Rebar Shipments to Scandinavia
04 February 2015 - Russia's Severstal received the SFS1268 certificate permitting the company to make shipments of rebar to Finland and other Baltic countries, where there is high demand for these steel products.
Butech Bliss and Nelson Steel Selected to Build SDI’s New HCL Pickling Line
03 February 2015 - Steel Dynamics Inc. has awarded Nelson Steel’s Technology Group and Butech Bliss contracts to provide equipment to upgrade the existing hot band finishing line at its Butler, Ind., facility.
