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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
Lawsuit Threat Looms Over Nucor Steel Marion Plant Emissions
05 November 2012 - Nucor Steel Marion could face a lawsuit because of increased levels of manganese and arsenic in the air and soil that a team of attorneys says are the result of emissions from the company’s steel mill, according to the Marion Star.
ArcelorMittal Georgetown Steel Mill Lays Off 20
05 November 2012 - Twenty workers at ArcelorMittal's Georgetown mill in South Carolina have been laid off and another 20 open positions will go unfilled, the Sun News reported.
Worthington Industries Divests Air Brake Tank Business in Czech Republic
05 November 2012 - Worthington Industries, Inc. announced that its Pressure Cylinders segment has completed the sale of its European air brake tank business to Frauenthal Automotive.
ADF Group to Build New Structural Steel Fabrication Complex in Montana
05 November 2012 - ADF Group Inc. announced that its Board of Directors approved an estimated US$24 million plan to build a new 9,290 square meter (or 100,000 ft2) structural steel fabrication complex on an 100 acre industrial site located in Great Falls, Mont.
Severstal Dearborn Experiences Power Outage and Pipe Explosion
05 November 2012 - Severstal North America's Dearborn, Mich., facility experienced a power outage on 1 November 2012 and an explosion in its cold air pipe connected to the blast furnace stoves on 2 November 2012.
ThyssenKrupp CSA Comments on Detection of Graphite Dust in Surrounding Communities
02 November 2012 - On 30 October 2012, graphite dust was detected in the streets of three communities within a 2 km radius from ThyssenKrupp CSA’s (TKCSA) production facilities in Brazil.
Gerdau Announces New Mining Strategy
02 November 2012 - As it reported its third quarter earnings results, Gerdau announced it has discontinued its search for a strategic partner for its mining projects; in addition, its iron ore resource deposits in Minas Gerais are 117% larger than previously announced.
ArcelorMittal Ostrava Reducing Emissions with New Deduster
01 November 2012 - ArcelorMittal Ostrava in the Czech Republic has been using a dedusting filter installed last year to reduce dust emissions; in 2011, it reduced its PM 10 dust emissions by almost 40% compared to 2010.
ArcelorMittal Announces Global Results for Third Quarter
31 October 2012 - ArcelorMittal, the world’s largest integrated steel and mining company, announced results for the quarter ended 30 September 2012, commenting that operating conditions remain very challenging due to the slowdown in China.
JFE, Sahaviriya Steel and Marubeni-Itochu Steel Sign Partnership Agreement
31 October 2012 - JFE and MISI will invest US$25 million each in Sahaviriya Steel Industries (SSI), increasing their stakes in the joint venture company, Thai Cold Rolled Steel Sheet. JFE has agreed to support SSI with a continuous supply of steel as well as help to imiprove operational performance through technical cooperation.
Baoshan Steel to Invest $1.3 Billion in Natural Gas Pipeline
31 October 2012 - Baoshan Iron & Steel Co., China’s biggest publicly traded steelmaker, will invest 8 billion yuan (US$1.3 billion) in a natural-gas pipeline as overcapacity and higher raw material costs squeeze its profit margins for steel.
Brazil Steel Use to Grow in 2013 on World Cup, ArcelorMittal Says
30 October 2012 - Brazil’s steel demand will grow at least 5% next year as the government prepares Rio de Janeiro for the 2014 soccer World Cup and the 2016 Olympic Games, ArcelorMittal says, according to Bloomberg Businessweek.
U.S. Steel Reports Profitable Third Quarter
30 October 2012 - The United States Steel Corporation reported positive third quarter earnings as its tubular segment posted solid results despite declining rig activity, pricing pressure and elevated import levels; its flat-rolled and European segments were also profitable but continue to be challenged by difficult economic conditions.
Essar Steel Algoma Announces CEO Resignation
30 October 2012 - Essar Steel Algoma Inc. announced that CEO James Hrusovsky has tendered his notice of resignation to be effective 1 November 2012. He will also resign as a Director of the company.
ArcelorMittal Dofasco Pollution Belch Lasted Seven Minutes
29 October 2012 - The emissions that caused a black cloud of pollution to hang over ArcelorMittal Dofasco Sunday were cut off after seven minutes, according to the steelmaker, the Hamilton Spectator reported.
Grupo Simec Reports Lower Shipments, Pricing
29 October 2012 - Mexican long product prodcuer Grupo Simec announced its results of operations for the quarter and nine-month period ended 30 September 2012.
Ken-Mac Division of ThyssenKrupp Materials NA Purchases Cut-to-Length Line from Herr-Voss Stamco
26 October 2012 - Herr-Voss Stamco announced that they are providing a new state-of-the-art cut-to-length line for Ken Mac Metals Division of ThyssenKrupp Materials North America, Inc.. This new line will process material with a thickness range of .075" to .312" x 72" wide.
Italy Grants Ilva Steel Mill License With Strict Terms
26 October 2012 - Italy’s environment ministry on Friday gave steelmaker ILVA authorization to keep running its factory in southern Italy as long as it complies with strict conditions to reduce emissions and clean up the plant, Reuters reports.
Oleg Bagrin Elected President of NLMK
26 October 2012 - NLMK announced that its shareholders officially elected Oleg Bagrin as NLMK President (Chairman of the Management Board).
U.S. Steel Laying Off 40 Employees
26 October 2012 - U.S. Steel is laying off 40 hourly employees at its Lorain Tubular Operations in Ohio. Workers were informed yesterday afternoon and told the cuts were due to "business conditions," the Morning Journal reports.
