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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

Insteel Industries to Acquire PC Strand Business of American Spring Wire

12 August 2014 - Insteel Industries Inc.’s wholly-owned subsidiary, Insteel Wire Products Company (together referred to as Insteel) has entered into an asset purchase agreement to acquire substantially all of the assets associated with the prestressed concrete strand (PC strand) business of American Spring Wire Corporation (ASW) for a purchase price of approximately US$36 million, subject to certain post-closing adjustments.

PT Krakatau Nippon Steel Sumikin to Build New Galvanizing, Annealing and Processing Line in Indonesia

11 August 2014 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) and PT Krakatau Steel (Persero) Tbk (PTKS) executed on 11 August 2014 a definitive agreement concerning their joint venture, PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS).

U. S. Steel General Counsel Named One of Best General Counsels

11 August 2014 - United States Steel Corporation announced that Suzanne Rich Folsom, general counsel and senior vice president – governmental affairs, has been named a Best General Counsel by The Ethisphere Institute in their annual list of "Attorneys Who Matter."

AK Steel Applauds Enactment of Highway and Transportation Funding Act

11 August 2014 - AK Steel is applauding the enactment of the Highway and Transportation Funding Act, legislation that is vital to maintaining and improving America's infrastructure — much of which is made with steel.

Warren Steel Holdings Restarts Operations

11 August 2014 - Warren Steel Holdings (WSH), a producer and global supplier of high-quality carbon and alloy steel continuously cast products, announced the restart of operations in Warren, Ohio.

Union Workers Locked Out of ArcelorMittal Contrecoeur Plant

08 August 2014 - The United Steelworkers (USW)/Syndicat des Métallos is condemning ArcelorMittal's lockout at its Contrecoeur-Ouest plant in Quebec, Canada, imposed Wednesday, 6 August 2014 at 10:30 p.m.

Alpha Natural Resources Downsizing West Virginia Mining Operations

08 August 2014 - Eight operating affiliates of Alpha Natural Resources, Inc. have notified their employees that the coal mines and other facilities where they work are subject to being idled due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian mining industry.

Lourenco Goncalves Appointed Chairman, President and CEO of Cliffs Natural Resources

07 August 2014 - Cliffs Natural Resources Inc. announced that the Company's Board of Directors has appointed Lourenco Goncalves to the positions of chairman, president and chief executive officer, effective immediately.

Kobe Steel and Angang Steel Establish JV to Make Automotive Cold Rolled High-Strength Steel In China

07 August 2014 - Kobe Steel, Ltd. and China’s Angang Steel Company Limited, a leading subsidiary of Anshan Iron & Steel Group Complex, established a joint venture called Kobelco Angang Auto Steel Co. Ltd. in China on 1 August 2014 to produce and sell advanced cold rolled high-strength steel sheet for automobiles.

BRAUN Maschinenfabrik to Supply Hyundai Steel with Four Billet Grinding Machines

07 August 2014 - BRAUN Maschinenfabrik will supply Hyundai Steel with four high-pressure surface billet grinding machines.

AUMUND Delivers Conveyor for Transport of Hot Sinter Material at Netherlands Steel Plant

06 August 2014 - A steel plant in the Netherlands has ordered another conveyor for transporting of hot sinter from AUMUND Fördertechnik, Germany.

Tata Steel Launches New Automotive Steel Grade Combining Crash Protection with 15% Weight Reduction

06 August 2014 - Tata Steel has developed an innovative new product for automotive manufacturers in response to market requirements for stronger and lighter steels.

Metinvest Provides Update on Ukraine Operations

06 August 2014 - Due to the difficult situation in eastern Ukraine, Metinvest Group would like to inform all stakeholders about the status of production, raw materials supply and shipments of finished goods to customers as of 31 July 2014.

EAF and Off-Gas Cleaning from Siemens Begin Operating at Baku Steel

05 August 2014 - Azerbaijani steel producer Baku Steel has put into operation an electric arc furnace supplied by Siemens Metals Technologies.

ArcelorMittal Europe Raises Growth Forecast After Second Consecutive Quarter of Improvements

05 August 2014 - ArcelorMittal Europe announced its results for the second quarter of 2014.

ANDRITZ to Supply New Pickling And Galvanizing Line to Rizhao Steel

05 August 2014 - International technology Group ANDRITZ has received an order to supply a pickling and galvanizing line for hot rolled steel strip from Rizhao Steel Holding Group, one of China’s leading steel producers.

Universal Stainless Earnings Boosted by Increasing Demand from Aerospace

05 August 2014 - Universal Stainless & Alloy Products Inc. reported that net sales for the second quarter of 2014 were US$52.3 million, an increase of 12% from the first quarter of 2014 and 22% higher than the second quarter of 2013.

voestalpine Significantly Improves Results in First Quarter of 2014/15

05 August 2014 - “Despite ongoing inconsistent economic trends in the most important economic regions worldwide, the voestalpine Group’s results in the first quarter of the business year 2014/15 continued to be solid,” said Wolfgang Eder, CEO and chairman of the Management Board of voestalpine AG.

Nucor Executive VP Keith Grass To Retire; Joe Stratman to Assume Responsibilities

04 August 2014 - Keith Grass, Nucor's executive vice president of raw materials and chief executive officer of The David J. Joseph Company (DJJ), plans to retire effective 12 September 2014.

Gerdau Completes Construction of Vacuum Degasser at Michigan Mill

04 August 2014 - Gerdau’s capital improvement projects at its special steel producing mill in Monroe, Mich., are making progress. In May 2014, the global steel company completed construction and start-up of its new twin tank vacuum degassing system, which was supplied by Danieli.