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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

Grupo Sarralle Will Install Complete Steel Mill for Siderùrgica Latino-Americana (Silat) in Brazil

30 June 2014 - Once in operation, the Greenfield project will allow for the production of 700,000 tpy of finished product (namely rebar, wire rod and mesh).

Mechel Announces Results of Its Annual General Shareholders' Meeting

30 June 2014 - Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders' Meeting was held today.

Siemens and Baosteel Cooperate in Slag Granulation Solutions

30 June 2014 - Siemens Metals Technologies and Baosteel Engineering & Technology Group Co. Ltd., a subsidiary of the Baosteel group, will be cooperating in future in the granulation of slag produced in BOF converters and electric arc furnaces.

German Automotive Industry Benefits From New Slitter For Advanced and Ultra High-Strength Steels

27 June 2014 - Europe’s second largest steel producer, Tata Steel, has further strengthened its commitment to the automotive industry with the unveiling of its new slitting line to process advanced and ultra high-strength steels.

Commercial Metals Company Announces Entrance Into Fourth Amended and Restated Credit Agreement

27 June 2014 - Commercial Metals Company (NYSE: CMC) today announced financial results for its third quarter ended May 31, 2014. Net earnings attributable to CMC for the third quarter were $23.6 million, or $0.20 per diluted share, on net sales of $1.8 billion.

General Steel Estimates Earnings per Share of $0.08 to $0.12 for the Second Half of 2014

27 June 2014 - General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced that the Company is confident in its business turnaround and currently estimates earnings per share ("EPS") of $0.08 to $0.12 for the second half of 2014.

Schnitzer Reports Third Quarter 2014 Financial Results

26 June 2014 - Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) today reported adjusted earnings per share of $0.16 and earnings per share of $0.12 for its fiscal 2014 third quarter ended May 31, 2014.

Gerdau Steel Appoints New Managing Director

26 June 2014 - Gerdau Steel India Ltd has appointed Sridhar Krishnamoorthy as Managing Director with immediate effect.

Kansas City Gets a New Tram System, Thanks to ArcelorMittal Steel

26 June 2014 - From high-speed train networks to customer product-showcases, ArcelorMittal’s rails have long had both a strong reputation and demand in Europe. Now they are increasingly being used in the US; most recently to strengthen the transport infrastructure of Kansas City in Missouri.

Essar Steel Minnesota LLC Announces Amendment to Consent Solicitation Relating to Senior Secured Notes due 2020

25 June 2014 - Essar Steel Minnesota LLC ("ESML") announced today that it is amending the terms of its previously announced solicitation of consents (the "Solicitation") from holders of its $450,000,000 aggregate principal amount outstanding of 11.500% Senior Secured Notes due 2020 (the "Notes") upon the terms and subject to the conditions set forth in Supplement No. 1 to the Notice of Consent Solicitation dated June 24, 2014 (the "Supplement").

AK Steel’s Wainscott Receives Vision Award

24 June 2014 - James L. Wainscott, chairman, president and chief executive officer of AK Steel Corp., received the 2014 Willy Korf/Ken Iverson Steel Vision Award during the Steel Success Strategies XXIX conference in New York this past week.

TimkenSteel Management Team Discusses Business Strategy and Outlook at Investor Meeting

23 June 2014 - Members of the executive management team of TimkenSteel Corporation hosted an investor meeting on 19 June to share their vision and value-creation strategy for the company in advance of its planned spinoff from The Timken Company

Severstal North America wins national award

23 June 2014 - Severstal North America has been honored for its scrap purchase operations at the Columbus plant

Ferriola Hints at Second DRI Plant for Louisiana

23 June 2014 - A report by American Metal Market, sponsor of the New York Steel Success Strategies XXIX, organized by World Steel Dynamics, claims that American steelmaker Nucor Corporation is seriously considering a new Direct-Reduced Iron (DRI) plant in Louisiana, USA, as well as a new heat-treat line at its Tuscaloosa, Alabama, plate mill.

NLMK Supplies OMK with 1 Million Metric Tons of Slabs for Large-Diameter Pipes

23 June 2014 - Since 2012, as part of a long-term contract, NLMK Group (LSE: NLMK), a major Russian steelmaker, has supplied OMK Group (Unified Metallurgical Company), a leader in the Russian large-diameter pipe market, with over 1 million tonnes of slabs for the production of large-diameter pipes.

AHMSA receives international quality certificate for CR mill No. 2

23 June 2014 - Mexican steelmaker Altos Hornos de México has received an international quality certificate for its cold rolling (CR) mill No. 2.

ArcelorMittal takes home “Best Innovation – Process” award at American Metal Market’s fifth annual Awards for Steel Excellence ArcelorMittal Wins “Best Innovation – Process” Award at AMM’s Fifth Annual Awards for Steel Excellence

20 June 2014 - ArcelorMittal proudly accepted the ‘Best Innovation – Process’ award at American Metal Market’s fifth annual Awards for Steel Excellence held June 17 at The Edison Ballroom at New York City.

SSAB Considers Expanding Iowa Facility

20 June 2014 - The potential expansion would increase melting and casting capabilities by up to 1.2 million tons above current melting capacity. This represents roughly an additional 800,000 tons per year of finished product along with 400,000 tons of melting capacity to be transferred as slab to SSAB’s Mobile facility for rolling and finishing.

AK Steel Provides Second Quarter 2014 Guidance

20 June 2014 - AK Steel provided guidance for its second quarter 2014 financial results. AK Steel said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.

Nucor Announces Guidance For Its Second Quarter Earnings

20 June 2014 - Nucor Corporation (NYSE: NUE) announced today guidance for its second quarter ending July 5, 2014. Nucor expects second quarter results to be in the range of $0.35 to $0.40 per diluted share.