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

Latest News

Explosion Rocks ATI Plant; No One Injured

25 July 2013 - No one was reported injured Wednesday night in an explosion at the ATI Allegheny Ludlum plant along Route 981 in Derry Township, a company spokesman said, the Pittsburgh Tribune Review reported.

AK Steel Announces Price Increase for Carbon Steel Products

25 July 2013 - AK Steel has increased current spot market base prices for all carbon flat-rolled steel products by a minimum of US$25 per ton.

Tung Ho Steel Orders New Induction System from SMS Elotherm

25 July 2013 - Tung Ho Steel has ordered a new induction system from SMS Elotherm for its production plant for medium and large sections in Miaoli, Taiwan.

SunCoke Energy Reports Second Quarter 2013 Results

25 July 2013 - As it reported its quarterly earnings results, SunCoke Energy, Inc. said its coal business continues to be a challenge while its domestic coke business continues to deliver solid results.

Q&A with POSCO's Joon Yang Chung, AIST 2013 Steelmaker of the Year

24 July 2013 - Joon Yang Chung, chairman and chief executive officer of POSCO, was named AIST 2013 Steelmaker of the Year. He recently spoke with Iron & Steel Technology about his extensive career and the company’s path for the future.

Outokumpu Appoints New Chief Financial Officer

24 July 2013 - Outokumpu is appointing Reinhard Florey as executive vice president and chief financial officer as of 1 November 2013.

Allegheny Technologies Announces Second Quarter 2013 Results

24 July 2013 - As it reported its quarterly earnings results, Allegheny Technologies Inc. said weak economic growth in the U.S., negative growth in the Eurozone, and slower growth in China, India and other developing economies continued to negatively impact demand and create pricing pressure for its products from the chemical process industry, electrical energy, and construction and mining equipment markets.

ArcelorMittal Zenica Makes Major Environmental Upgrades

24 July 2013 - ArcelorMittal Zenica, Bosnia and Herzegovina, has made good progress in the implementation of a number of large environmental projects, with a total investment of more than US$14.5m.

voestalpine Responds to German Cartel Office's Rail Cartel Announcement

24 July 2013 - The result of investigations related to deliveries of rail tracks and rail equipment to Deutsche Bahn – which impacted several companies – is that voestalpine was fined € 6.4 million for these deliveries. For voestalpine, this means that the German Cartel Office proceedings in the cartel case are fully and finally settled.

Essar Steel Algoma Announces Investor Relations Appointment

24 July 2013 - Essar Steel Algoma Inc. announced the appointment of Flora Wood to lead investor relations, effective immediately. 

Ternium Reports Explosion at Its Guerrero Facility

23 July 2013 - Ternium S.A. announced that an explosion occurred on 22 July during routine maintenance work at the DRI intake of an electric arc furnace at its Guerrero facility in Monterrey, Mexico.

SMS Siemag Modernizing Cold Rolling Mill in Bangladesh

23 July 2013 - KYCR Coil Industries Limited of Bangladesh has contracted SMS Siemag for an upgrade of the existing CVC® plus six-high reversing cold mill to a CCM® (Compact Cold Mill).

AK Steel Reports Second Quarter Results Impacted by Middletown Blast Furnace Outage

23 July 2013 - AK Steel reported a net loss of US$40.4 million for the second quarter ended 30 June 2013, compared to a net loss of US$724.2 million for the second quarter of 2012.

Dragon Steel Starts Up Second Siemens-Supplied Sinter Plant

23 July 2013 - Production operations recently commenced at the new 3.8 million tons per annum No. 2 sinter plant at Dragon Steel Corp. in Taiwan.

Metinvest and Black Iron Finalize Arrangement to Develop Ukrainian Iron Ore Assets

23 July 2013 - Metinvest B.V., Ukraine’s largest mining and steel producer, has executed definitive agreements to form a development arrangement with Black Iron Inc. and to invest in Black Iron (Cyprus) Ltd (BKI Cyprus), which is currently a wholly-owned subsidiary of Black Iron.

World Steel Association Provides Update on Global Steel Production in First Half of the Year

22 July 2013 - World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 132 million metric tons in June 2013, an increase of 1.9% compared to June 2012.

Mechel Sells British Plant Invicta Merchant Bar

22 July 2013 - Mechel OAO, a leading Russian mining and metals company, has sold 100% of its shares of British-based steel plant Invicta Merchant Bar and its debt to privately-owned Helium Miracle 127 LLP for 1.1 million pounds sterling.

Metinvest Launches New Rebar Product for Mining

22 July 2013 - Yenakiieve Iron & Steel Works’ Makiivka Branch has mastered the production of thread bar, the use of which simplifies and accelerates the process of rock-bolting — an advanced method for affixing mine tunnel roofs.

ArcelorMittal South Africa Hands Over State-of-the-Art School to Local Community

22 July 2013 - ArcelorMittal South Africa has officially handed over the R45 million (€ 3.45 million) state-of- the-art Mandela Park Primary School built in Slovo Park, Mthatha (Eastern Cape), to the Minister of Basic Education, Honorable Angie Motshekga and the community of Mthatha. The new school, which will accommodate 1,200 pupils, has been built using ArcelorMittal's alternative building technology based on steel.

ArcelorMittal Vaulx-en-Velin Supports Young Entrepreneur

22 July 2013 - ArcelorMittal is supplying specialist steel to a young company that is helping to solve a common problem in modern life — low battery.