Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
AMM Article: DRI Output to Soar by 2020: Midrex
20 June 2014 - Midrex Technologies Inc. expects direct-reduced iron (DRI) output in the United States to surpass 10 million tons annually "sometime near the end of the decade," director of marketing Henry P. Gaines said.
CMC Closes Agreement for Purchase and Sale of Assets with Newell Recycling
19 June 2014 - Commercial Metals Company (NYSE: CMC) announced today that on June 13, 2014, Commercial Metals Company, through its wholly-owned subsidiary, Structural Metals, Inc. (collectively, "CMC"), completed the transaction for the purchase of substantially all of the assets of Newell Recycling of San Antonio, LP ("Newell Recycling") located at 726 Probandt Street San Antonio, Texas, pursuant to a definitive Agreement for the Purchase and Sale of Assets by and among CMC, Newell Recycling and John R. Newell.
Outokumpu Renews Operational Model and Leadership
19 June 2014 - Outokumpu announced today changes in its operational model and Leadership Team.
SMS Siemag’s Converter-Vessel Changing Concept Successfully Implemented at PT Krakatau-Posco Company
19 June 2014 - PT Krakatau-Posco Company (PTKP), Indonesia, and SMS Siemag (www.sms-siemag.com), Germany, have successfully put into operation the efficient converter-vessel changing concept involving a 300 ton change-vessel converter, a changing car as well as highly effective environmental technology for the converter shop.
POSCO Wins 'World's Most Competitive Steelmaker' Award
18 June 2014 - POSCO received the "World's Most Competitive Steelmaker Award" for the fifth consecutive year from renowned steel market information provider World Steel Dynamics (WSD), the company said Tuesday.
No One Should Doubt Steel Remains Auto Material of Choice, Mittal Says
18 June 2014 - Steel has all the capability to remain the preferred material for the automotive industry, ArcelorMittal chairman and CEO Lakshmi Mittal said yesterday.
Steel Dynamics Provides Second Quarter 2014 Earnings Guidance and Announces Second Quarter Cash Dividend
18 June 2014 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter earnings guidance in the range of $0.28 to $0.32 per diluted share.
Mechel Reports Consolidation of Group's Shipping Within Mecheltrans OOO
17 June 2014 - Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports consolidating shipments of the Group's products within its subsidiary Mecheltrans.
AHMSA Sets New Monthly Shipment Record in May
17 June 2014 - Altos Hornos de Mexico recorded monthly shipments of finished steel totaling 351,398 tonnes in May.
Outokumpu's Stainless Steel Makes Saab 9-3 Fuel Tank Lighter and Safer
17 June 2014 - Outokumpu and Swedish fuel system company TechROi Fuel Systems (TFS) have developed a new stainless steel fuel tank, which is used in the new Saab 9-3.
Valin ArcelorMittal Automotive Steel Inaugurates Landmark Automotive Steel Plant in China
16 June 2014 - Valin ArcelorMittal Automotive Steel Co (VAMA) today officially opened its new advanced automotive steel plant in China, beginning a new era of automotive manufacturing in the country.
Timken Announces Record Date and Distribution Date for Spinoff of Steel Business
16 June 2014 - Timken Shareholders to Receive TimkenSteel Shares as a Pro-rata Dividend
Opening Day at ArcelorMittal Tube Plant in Ostrava Attracts Record-Breaking Number of Visitors
16 June 2014 - On Saturday June 7, to mark the 65th anniversary of its tube rolling mill, ArcelorMittal tubular products Ostrava invited employees as well as their families and friends to an open day event.
Gijón High-Strength Plate Creates Safe Connection Between Luxembourg and Germany
13 June 2014 - The use of high-strength steel met the architectural brief for a new bridge spanning the Moselle river, linking Grevenmacher in Luxembourg and Wellen in Germany.
2014 World Cup Final Stadium Build is Success with Sandvik Duplex Stainless Steels
12 June 2014 - Crucial roof construction work at the Brazil stadium that will host the 2014 FIFA World Cup Final was completed successfully and on time, due to fast delivery of duplex stainless steels by Sandvik Materials Technology.
Alpha Natural Resources Affiliates Recognized for Safety Performance
11 June 2014 - Alpha Natural Resources (NYSE: ANR), a leading U.S. coal supplier, today announced that four of its affiliate operations received the Holmes Safety Award from the state of West Virginia for their safety accomplishments.
Timken Announces Major Investment to Accelerate Product Development and Line Expansion
11 June 2014 - The Timken Company (NYSE: TKR; www.timken.com) today announced that it has fundamentally redesigned its engineering, product management and business systems teams, bringing together talent and tools in a new way to drive development of its product lines and advance its technical capabilities to better meet customer needs.
Outokumpu's Lean Duplexes Receive National Technical Approval in Germany
11 June 2014 - Outokumpu’s lean duplex grades LDX 2101® (EN 1.4162) and LDX 2404® (EN 1.4662) just recently received general approval AbZ (Allgemeine bauaufsichtliche Zulassung) by the German national building authority DIBt (Deutsches Institut für Bautechnik).
New Grade of GOES Improves Transformer Efficiency
09 June 2014 - Leading steel producer ArcelorMittal has developed a new intermediate class of grain oriented electrical steels (GOES), helping transformer manufacturers to meet environmental targets.
Vladimir Lisin Re-Elected Chairman of NLMK’s Board of Directors
09 June 2014 - NLMK’s Board of Directors today held its first meeting since the Annual General Shareholders’ Meeting.