Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Metinvest Reduces Expenses Using High-Strength Plates
18 February 2014 - Metinvest completed testing of high-strength and wearproof plates for lining the body of BelAZ dump trucks at Central GOK.
Fives Stein Awarded Key Contract from Jindal Steel
17 February 2014 - Fives Stein, a designer and supplier of thermal solutions for steel and glass applications, was awarded a major contract to supply Jindal Steel and Power Limited (JSPL) with a new walking beam furnace for its Raigarh works in India.
NLMK Obtains International Certificates for High-Strength Slabs
17 February 2014 - NLMK Group has successfully passed certification audits confirming that its production of special-size slabs from high-strength and corrosion-resistant steel grades is compliant with the requirements set forth by certifying agencies Det Norske Veritas (Norway), Lloyd’s Register (Great Britain), and the Russian Maritime Register of Shipping (Russia).
Steel Institute Elects New Board Member
17 February 2014 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Gary Halverson, president and CEO of Cliffs Natural Resources Inc., as the newest member of its 23-person Board.
BlueScope Acquires New Zealand Downstream Long Products Business
17 February 2014 - BlueScope Steel has agreed to acquire the downstream long-products rolling and marketing operations of Fletcher Building’s Pacific Steel Group (PSG), based in Auckland, New Zealand.
Timken Names New CFO
17 February 2014 - The Timken Company board of directors announced the appointment of Philip D. Fracassa as chief financial officer of the company.
Cliffs Natural Resources Issues Open Letter to Shareholders
17 February 2014 - Cliffs Natural Resources Inc. issued the following open letter to all shareholders.
Cliffs Natural Resources Announces New President and CEO
14 February 2014 - Cliffs Natural Resources Inc.’s Board of Directors has appointed Gary B. Halverson, 55, formerly president and chief operating officer, to president and chief executive officer, effective immediately. He also serves as a director on Cliffs' Board.
Can-Eng Furnaces to Supply Wide Plate Q&T Line to SAIL
14 February 2014 - Can-Eng Furnaces International Limited has been contracted to supply a wide plate quench and temper line for the Steel Authority of India Limited (SAIL).
Outokumpu Concludes Strategic Review of Thin Strip Operations in Sweden, Germany
14 February 2014 - After a strategic review, Outokumpu has decided to discontinue operations in Kloster, Sweden, but to continue operations in Nyby, Sweden, and Dahlerbrück, Germany.
Evrim, ArcelorMittal to Explore Mexico for Iron Ore Deposits
14 February 2014 - Evrim Resources Corp. has signed an agreement with ArcelorMittal Servicios Minerometalurgicos de Occidente S.A. de C.V., a wholly owned subsidiary of ArcelorMittal S.A., to explore for iron ore deposits in Mexico.
Cliffs Natural Resources Responds to Casablanca Capital
14 February 2014 - Cliffs Natural Resources Inc. issued the following statement in response to Casablanca Capital.
Severstal’s Shipments to Russian Pipe Manufacturers Up 10% in 2013
14 February 2014 - OAO Severstal delivered 1.8 million metric tons of rolled steel to Russia’s pipe manufacturers in 2013, a 10% increase compared to 2012.
Sutor Technology Group Appoints New Executives
14 February 2014 - China's Sutor Technology Group has announced a new CEO and a new chief operating officer.
Hyundai Steel Orders RH Plant for Secondary Metallurgy from SMS Mevac
13 February 2014 - South Korea's Hyundai Steel Co. has awarded SMS Mevac a contract for the supply of a fast vessel exchange RH (Ruhrstahl Heraeus) unit for its secondary-metallurgy facilities in Dangjin.
Siemens to Modernize Çemtaş Bar Rolling Mill in Turkey
13 February 2014 - Çelik Makina Sanayi ve Ticaret A.Ş. (Çemtaş), a Turkish steel producer, has awarded Siemens Metals Technologies an order to modernize its bar rolling mill in Bursa.
Cliffs Natural Resources to Significantly Reduce 2014 Capex
13 February 2014 - Cliffs Natural Resources Inc. will significantly decrease its capital expenditures in 2014.
Outokumpu Provides Update on Operations, Short Term Outlook
13 February 2014 - Outokumpu reported its performance results for 2013, including an outlook for the current quarter.
Tata Steel Reports Steady Performance Across Its Operations
13 February 2014 - As it reported its results for the nine-month period ended 31 December 2013, Tata Steel said positive earnings momentum continued even in a seasonally weak period.
Cliffs Shareholder Backing Former Metals USA Leader for Vacant Cliffs CEO Position
12 February 2014 - Casablanca Capital LP, one of the largest shareholders of Cliffs Natural Resources Inc., with beneficial ownership of approximately 5.2%, announced that it is backing Lourenco Goncalves, former CEO of Metals USA, to fill the currently open position of chief executive officer of Cliffs.