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

Latest News

Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility

19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.

Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility

19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.

Nucor Announces Guidance for Fourth Quarter Earnings

18 December 2012 - Nucor said lower steel mill margins are impacting its bar and plate mills, reflecting the cumulative impact of high import levels and general economic uncertainty, while sheet mill margins are improved in the fourth quarter.

Steel Dynamics Inc. Provides Fourth Quarter 2012 Earnings Guidance

18 December 2012 - Steel Dyanamics Inc. expects fourth quarter overall steel shipments to be fairly flat in comparison to the third quarter, as increases in sheet volume are expected to be somewhat offset by decreased bar shipments as customers continue to maintain tight control over inventory.

Two Baosteel Workers Die in Accident

18 December 2012 - Two workers died and another 13 were injured Monday after a 270-ton ladle of molten metal tipped over at a Shanghai Baosteel Group Corp plant in Baoshan district, GlobalTimes.cn reported.

ArcelorMittal Commissions US$63.2 Million Energy Recovery and Reuse Project

18 December 2012 - ArcelorMittal has commissioned its US$63.2 million energy recovery and reuse project, which produces 333,000 MWh of electricity per year, providing significant energy and environmental benefits to ArcelorMittal and the Northwest Indiana region.

Timken Responds to OSHA Fines

17 December 2012 - Timken Co. says its Canton steel plant has “a favorable safety record” and the company is working quickly to correct issues, the Akron Beacon Journal reports.

Report: voestalpine Mulls $1 Billion U.S. Plant

17 December 2012 - Austria's group Voestalpine is considering a plan to build a US$1 billion plant in the U.S. that would convert iron ore into concentrate used in steelmaking, Reuters reported Trend magazine as saying.

Tata Steel Appoints New Chairman

17 December 2012 - The Tata Steel Board of Directors announced the appointment of Mr. Cyrus P. Mistry as the chairman of the board with effect from 28 December 2012, as R. N. Tata will retire on that date.

JSW Steel and JFE Sign Agreement for Electrical Steel Technology

17 December 2012 - India’s JSW Steel Ltd and Japan’s JFE Steel Corporation have signed an agreement where JFE will provide technology for the production of non-oriented electrical steel sheets (CRNGO) at the JSW’s Vijayanagar plant in Karnataka.

OSHA Fines Timken $170,500 After Safety Violations at Ohio Steel Mill

17 December 2012 - The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited Timken Co. for 12 alleged safety violations, including five repeat, after conducting a complaint inspection in June at the steel mill in Canton, Ohio, which manufactures roller bearings.

ArcelorMittal and Nunavut Iron Ore Become Equal Partners in Baffinland

17 December 2012 - ArcelorMittal and Nunavut Iron Ore, Inc. have agreed that Nunavut Iron Ore will increase its interest in Baffinland Iron Mines Corporation from 30% to 50%.

SMS Mevac to Design a VIM Furnace for Tata Steel Speciality Steels

14 December 2012 - Tata Steel Speciality Steels, UK, has chosen SMS Mevac, Germany, to design a VIM X-eed® vacuum induction melting furnace for its Stocksbridge site. The facility will produce high-purity steels and specialist alloys for the aerospace industry.

ThyssenKrupp Loss Balloons on Steel Americas Write-Down

14 December 2012 - ThyssenKrupp AG, Germany's top steelmaker, posted a massive € 4.7 billion (US$6.1 billion) net loss for the year as it took a painful write-down on steel mills in the United States and Brazil that it is trying to sell.

ArcelorMittal USA CEO Sees Slow Growth for Steel Industry

13 December 2012 - Manufacturing, including steel and related industries, have led the U.S. out of the recession, but it will take consumers, the housing industry, employers and federal lawmakers to keep the country on the road to recovery, Mike Rippey, president and CEO of ArcelorMittal USA told Chicago-area business leaders recently, according to the Post-Tribune.

Organizational Changes Announced within the Structure and Management of EVRAZ

13 December 2012 - EVRAZ plc announced organizational changes to the company’s management structure. In order to separate functions and intensify the management of key product groups, the company will divide the Mining Division into two Divisions: the Iron Ore Division and the Coal Division.

3tn Providing Efficient Material Handling and Better Overview in Steel Service Centers

13 December 2012 - The technical warehouse management system TWMS/metals controls and visualizes transport and storage activities in the metals industry from continuous casting through to the shipment of the finished products. It optimizes the use of storage capacities across various warehouses or even plant-wide, ensuring that the means of transport, such as cranes or cross transfer systems, are efficiently used.

Electrical Engineers Help Power the Steel Industry

12 December 2012 - Electricity is the main power source behind the steel industry. In fact, a single steel plant can consume as much electricity as a large city. But there are people behind that power. These are electrical engineers.

€200 Million Modernization Project Complete at Zentralkokerei Saar in Germany

12 December 2012 - Following the construction of the new Battery 3 and its commissioning in 2010, the totally renovated Battery 1 has now also been successfully commissioned at Zentralkokerei Saar GmbH (ZKS), a joint subsidiary of AG der Dillinger Hüttenwerke and Saarstahl AG, in Germany.

ArcelorMittal Tubular Products Ostrava Names New CEO

12 December 2012 - The new CEO of ArcelorMittal Tubular Products Ostrava with effect from 1 December is Libor Černý, who had been the CEO in ArcelorMittal Distribution Solutions Czech Republic (AMDS CR).