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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

SSAB Foresees Weak Growth in Europe, a Slow Recovery in the U.S., and Continued Solid Demand in Latin America

01 May 2013 - SSAB said the first quarter of the year was characterized by a degree of restocking by customers, which had a positive impact on the company's volumes within all business areas.

U. S. Steel Posts $73 Million Net Loss in First Quarter

30 April 2013 - As it reported its first quarter earnings, U. S. Steel projected flat-rolled market conditions in North America for the second quarter to be comparable to the first quarter.

Outukumpu Reports Quarterly Results in Challenging Stainless Steel Market

30 April 2013 - For the second quarter, Outokumpu expects sequentially flat or slightly lower delivery volumes, weaker product mix and increased uncertainties from the nickel price development to be partially offset by the positive effects of its Ferrochrome and Calvert ramp-ups.

Carpenter Technology Reports Gains and Challenges in Third Fiscal Quarter Results

30 April 2013 - Carpenter Technology Corp. reported net income of US$32.9 million for the quarter ended 31 March 2013, noting solid growth in the aerospace and energy markets but also increased customer deferrals.

Financial Investors Fuel Metals Deal Activity in the First Quarter of 2013

30 April 2013 - Deal activity in the U.S. metals sector declined dramatically during the first quarter of 2013, with total volume of transactions at its lowest since the first quarter of 2009, and total deal value just above that of the first quarter of 2010, according to a just-released report from PwC's Industrial Products practice.

Republic Steel Enters Supply Agreement with U. S. Steel

29 April 2013 - Grupo Simec's subsidiary Republic Steel has entered into a 5 year supply agreement with United States Steel Corporation, to provide tube rounds to the U.S. Steel Tubular Products Division.

ArcelorMittal Ostrava to Supply Tubes for Water Conduit Project in France

29 April 2013 - ArcelorMittal Tubular Products Ostrava in the Czech Republic has concluded an important contract worth several tens of millions crowns for supplies of water tubes with polypropylene coating for an extensive project of construction of drinking water conduit in the north of France.

Insteel Industries Reports Quarterly Results, Anticipates Seasonal Upturn in Demand

29 April 2013 - As it reported its second fiscal quarter 2013 results, Insteel Industries said it is seeing rising customer sentiment and improving conditions in its construction end-markets.

USW, ArcelorMittal Resolve Burns Harbor Safety Dispute

26 April 2013 - A safety dispute that idled blast furnaces and some other operations at ArcelorMittal's Burns Harbor mill has been resolved after two days of intense negotiations between union officials and management, the Northwest Indiana Times reports.

Carpenter Technology Enters into Supply Contract with Rolls-Royce

26 April 2013 - Carpenter Technology Corp. has finalized the completion of a formal supply agreement that will provide Rolls-Royce with advanced technology materials used in the manufacture of jet engine components.

Essar Steel Algoma Joins Community Clean-Up with Steel Works Housekeeping Blitz

26 April 2013 - In honor of Earth Day, Essar Steel Algoma participated in the community clean-up on 22 April 2013 led by the City of Sault Ste. Marie. In addition, the company is now entering the third and final phase of its demolition program, in which an estimated 20,000 tons of scrap metal will be reclaimed.

Allegheny Technologies Says Stainless and Electrical Steel Markets Remain Challenging

26 April 2013 - Allegheny Technologies Inc. saw continued sluggish demand from many of its major end market during the first quarter the year, the company said as it reported its first quarter earnings results.

Insteel Industries Acquires Assets from Tatano Wire and Steel

26 April 2013 - Insteel Industries’s wholly-owned subsidiary, Insteel Wire Products Co., has purchased all of the concrete pipe and box culvert reinforcement production equipment and certain related assets of Tatano Wire and Steel, Inc.

Universal Stainless Expects Gradual Recovery of Meaningful Market Demand

26 April 2013 - Universal Stainless & Alloy Products, Inc. announced that, based on preliminary results, it expects sales for the first quarter of 2013 to approximate US$49 million and for operating income and net income to be at the break-even level.

General Steel Appoints Industry Veteran as Vice President of Strategy & Operations

26 April 2013 - General Steel Holdings, Inc., a non-state-owned steel producer in China, announced the appointment of Mr. Yanqi Liu, a senior executive with over 45 years of extensive experience in the steel industry, as the company's vice president of strategy and operations.

Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business

25 April 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.

Sutor Wins Two Bids for Water Transmission Pipeline Projects

25 April 2013 - Sutor Technology Group's subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. has won two contracts to supply approximately 4,700 tonnes of spiral seam steel pipes for two water transmission pipeline projects in Fujian Province.

Reuters: Union Says U. S. Steel Gives Notice of Lockout at Lake Erie

25 April 2013 - U.S. Steel Corp has given workers at its Lake Erie facility in Canada notice of a lockout to start on Sunday, 28 April 2013 at 9 a.m. EDT/1300 GMT, according to a letter posted on a union website, Reuters reports.

ArcelorMittal Hosts 7th Global Health and Safety Day

25 April 2013 - ArcelorMittal, the world's largest steel and mining company, hosted on 25 April 2013 its seventh annual Health and Safety Day at its sites globally.

Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions

25 April 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.