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

Latest News

AK Steel Reports Large Net Losses for 4Q12 and Full Year 2012

29 January 2013 - AK Steel says sluggish economic conditions impacted global demand and selling prices for steel products during the fourth quarter and the full-year of 2012.

SDI Optimistic for 2013 as it Reports Results for Challenging 2012

29 January 2013 - Despite a challenging fourth quarter and full-year 2012, Steel Dynamics Inc. is optimistic regarding the next year as demand for high-quality steel has not abated and market sectors continue to build momentum.

Universal Stainless Reports 4Q12 Sales Consistent with Low Activity Levels Industry-Wide

29 January 2013 - Universal Stainless & Alloy Products said economic uncertainty kept customers focused on inventory reduction at 2012 year-end, but there are early signs that some customers are returning to the market, with most predicting only a gradual recovery in meaningful demand.

UANI Calls on POSCO, Subsidiary Daewoo, to Cease Business in Iran

29 January 2013 - On 21 January, United Against Nuclear Iran (UANI) called on South Korean steel company POSCO to end its business in Iran.

NLMK Announces Changes in its Management Structure

29 January 2013 - NLMK announced that Igor Anisimov has decided to step down as NLMK senior vice president, general director, to move on to a new appointment. The steelmaker has also announced changes to its management structure.

Arkansas Governor Announces US$1.1 Billion Steel Mill Project

29 January 2013 - Gov. Mike Beebe on Tuesday unveiled Arkansas’ largest ever economic development project, saying investors were poised to build a US$1.1 billion steel mill along the Mississippi River if legislators approve startup funding, the Associated Press reports.

BlueScope Steel Reveals Patented Technology Behind Next Generation Zincalume Steel

28 January 2013 - A video explanation of the patented technology behind a breakthrough innovation in the Australian steel industry is now available to view online,  BlueScope Steel announced.

Outotec Applies for Summons Against Outokumpu in Technology Patent Dispute

28 January 2013 - Outotec submitted application for summons against Outokumpu Oyj in a patent dispute regarding a new invention in ferroalloys technology.

India Concerned Over Long-Delayed Posco Steel Project

28 January 2013 - India has expressed its concerns over South Korean steelmaker Posco's much-delayed plans in starting work on a steel plant, commerce minister Anand Sharma said on 28 January 2013, according to a Dow Jones Newswires report.

EVRAZ Appoints Vice President of Health, Safety and Environment

28 January 2013 - EVRAZ plc announced organizational changes to the company’s management structure. Michael Shuble has been promoted to vice president, health, safety and environment (HSE).

ArcelorMittal Galati Achieves Second Consecutive Year with Zero Work Related Fatalities

28 January 2013 - ArcelorMittal Galati in Romania achieved in 2012, for the first time in its history, the second consecutive year without recording any work related fatal accidents.

SMS Meer to Provide Large Bright-Steel Straightening Machine to German Company

25 January 2013 - Heinrich Geissler, a company of the GMH Group, based in Witten, Germany, has ordered a two-roll straightener for bright steel from SMS Meer.

ArcelorMittal Galati to Increase Presence in Romanian Wind Turbine Market

25 January 2013 - ArcelorMittal Galati intends to increase its presence in the Romanian wind turbine market by adapting its production for this industry’s requirements as well as improving the quality and delivery services for its worldwide customers.

ArcelorMittal Ostrava to Continue Supplying Environmentally Friendly Heat

25 January 2013 - The proximity to the ArcelorMittal Ostrava's metallurgical plant is paying off for the town of Vratimov in the Czech Republic: Thanks to the company, 500 households in the town of almost seven thousand inhabitants have environmentally friendly heat this year.

Metinvest Reorganizes Its Communication Function

25 January 2013 - Russia's Metinvest, an international vertically integrated group of metals and mining companies, announced the reorganization of its communication function and establishment of the new PR and regional development directorate within the group.

Boston Consulting Group Ranks Severstal as One of Top Six Russian Companies

25 January 2013 - OAO Severstal has been named as one of only six Russian companies in the Boston Consulting Group’s Global Challengers report that identifies the 100 leading companies from fast-growing economies globally.

Outokumpu and Outotec Enter Legal Dispute Over Invention Rights

24 January 2013 - Outokumpu Oyj and Outotec Oyj have entered into a legal dispute over invention rights related to a ferrochrome production method.

Timken Delivers Strong 2012 Results; Provides Outlook for 2013

24 January 2013 - The Timken Co. reported overall strong results for the 2012 year but noted lower shipments in its steel segment, primarily in the industrial and oil and gas market sectors, which were offset by improved pricing.

SMS Meer to Supply Wire Rod Outlet for Chinese Special Steel Mill

24 January 2013 - The Chinese company Jiangsu Shenyuan Special Steel from Shenyuan, Jiangsu Province, has awarded an order to SMS Meer for the supply of the wire rod outlet of a special steel rolling mill.

Mechel Resumes Mining at West Virginia Facility

24 January 2013 - Mechel OAO, a Russian mining and metals company, reported the resumption of work at several of Mechel Bluestone's mining facilities in West Virginia.