Steel News

Outokumpu Provides Update on Operations, Short Term Outlook

13 February 2014 - Outokumpu reported its performance results for 2013, including an outlook for the current quarter.

Tata Steel Reports Steady Performance Across Its Operations

13 February 2014 - As it reported its results for the nine-month period ended 31 December 2013, Tata Steel said positive earnings momentum continued even in a seasonally weak period.

SMS Siemag Modernizes Coiler at Wuhan Iron & Steel

12 February 2014 - Wuhan Iron & Steel (WISCO) has placed an order with SMS Siemag to modernize a coiler in its No. 2 hot strip mill.

Sale of Outokumpu's Terni and VDM Assets to ThyssenKrupp Approved

12 February 2014 - The European Commission has approved the divestiture of Outokumpu’s Terni remedy assets, related service centers and VDM business unit to ThyssenKrupp, which was announced on 30 November 2013.

Severstal's Karelsky Okatysh Upgrades Iron Ore Pellets

12 February 2014 - OAO Karelsky Okatysh, a major production and iron ore processing plant in Russia and part of OAO Severstal, has launched production of new iron ore pellets with a higher iron ore content.

Mechel Successfully Tests New Coal Export Terminal

12 February 2014 - Mechel OAO reported successful tests of a new coal export terminal at Primorye Region's Port Posiet in Russia.

IREPAS Provides Short Range Outlook for Long Products Markets

11 February 2014 - In its short range outlook for February 2014, IREPAS says difficulties in emerging markets are adversely impacting long steel business.

voestalpine Reports Solid Financial Results in Challenging Economy

11 February 2014 - The voestalpine Group reported its results for the nine months ended 31 December 2013 and also provided an update on its DRI project in Texas.

Alloy Steel International Announces Leadership Change

11 February 2014 - Alloy Steel International announced the resignation of its director and CFO.

JSW Plans Revamp of Dolvi Blast Furnace

11 February 2014 - Nippon Steel & Sumikin Engineering Co., Ltd. (NSENGI)’s Plant and Machinery Division and Marubeni Corp. were awarded a contract by JSW Steel Limited, for the revamp of a blast furnace at its Dolvi Works in India.

Severstal Announces 2014 Capital Investment Program

10 February 2014 - OAO Severstal announced details of its 2014 investment program to support its development strategy and long-term competitiveness.

Air Liquide Signs Major Contract with ThyssenKrupp Steel Europe

10 February 2014 - Air Liquide is further strengthening its position in Germany by signing a major long-term supply contract with ThyssenKrupp Steel Europe AG in the Rhine-Ruhr area, one of the largest and leading industrial basins in Europe.

ArcelorMittal Sees Recovery in Underlying Steel Demand, Mild Restocking in Europe

10 February 2014 - ArcelorMittal announced results for its Flat Carbon Europe segment for the fourth quarter of 2013.

Hyundai Motor to Invest US$466 Million for Steel Mill Safety

10 February 2014 - Hyundai Motor Group chairman Chung Mong-koo has ordered 500 billion won (US$465.68 million) to be invested at the conglomerate's steel mill to bolster safety after a string of deaths and injuries, Yonhap News Agency reports.

NLMK Group Enters New Growth Phase with Launch of “Strategy 2017”

10 February 2014 - NLMK Group, the largest steel producer in Russia and an international steel company, announced the launch of its “Strategy 2017.”

Plibrico Refractory Materials Sales Expand to Middle East

07 February 2014 - Plibrico Co. LLC announced the appointment of Arab Business Interrelated Group (Arabbitc) as the preferred exclusive agent for Plibrico material sales in the Kingdom of Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain and Oman.