Steel News

Bloomberg: JSW Seeks to Sell U.S. Plant as Demand Revives

22 August 2013 - JSW Steel Ltd., India’s third-biggest steelmaker, will consider selling its U.S. mill complex to help reduce debt and boost earnings as a revival in the world’s biggest economy spurs demand, Bloomberg reports.

Report: Judge Splits Verdict in EPA Case Against U. S. Steel

22 August 2013 - The federal government can’t seek to fine U.S. Steel for violations it claims the company made more than 20 years ago to its Gary Works plant, a federal judge ruled Wednesday, but it can seek to force the company to install new controls for pollutants, the Chicago Post-Tribune reported.

Edwards Acquired by Atlas Copco Group

22 August 2013 - Edwards Group Limited, a developer and manufacturer of sophisticated vacuum products, abatement systems and related value-added services, and Atlas Copco Group, a Sweden-based provider of industrial productivity solutions, announced that the companies have entered into a definitive merger agreement in a transaction valued at up to approximately US$1.6 billion, including the assumption of debt.

Paul Wurth Performs 24-Hour Preventative Maintenance for ThyssenKrupp CSA

22 August 2013 - On 8 July 2013, the service experts of Paul Wurth do Brasil performed a 24-hour preventive maintenance program at blast furnaces No. 1 and 2 and at the INBA® slag granulation facilities of ThyssenKrupp CSA’s integrated steel plant at Sepetiba Bay in Brazil. It was the first time ever that Paul Wurth was in charge of such a servicing package.

AK Steel Reaches Environmental Agreement with U.S. EPA and Kentucky

22 August 2013 - AK Steel has reached an agreement to settle an action brought on behalf of the U.S. Environmental Protection Agency and Commonwealth of Kentucky under the Clean Air Act and other statutes and regulations with respect to AK Steel's former Ashland, Ky., coke plant.  The agreement was reached without admission of the alleged violations by AK Steel. 

Supply Dynamics Named a 2013 'Great Supply Chain Partner' By SupplyChainBrain

22 August 2013 - Supply Dynamics, a leading source of multi-enterprise technology solutions that provide visibility, collaboration, and control of supply in distributed manufacturing environments, announced that it has been selected as one of 2013’s ‘Great Supply Chain Partners’ by SupplyChainBrain, a supply chain management information resource.

Fives Stein to Supply CAL Furnace Equipment for Baosteel's Zhanjiang Project

21 August 2013 - Fives Stein, designer of high technology furnaces and thermal equipment for steel and glass, has been awarded a major contract to design and supply a continuous annealing line vertical furnace for Baosteel’s Zhanjiang project.

June Steel Shipments Down 3% from May in U.S.

21 August 2013 - The American Iron and Steel Institute (AISI) reported that for the month of June 2013, U.S. steel mills shipped 7,806,319 tons, a 3% decrease from the 8,047,245 tons shipped in the previous month, May 2013, and a 2.6% decrease from the 8,016,834 tons shipped in June 2012.

Albion Devices Introduces New Noncontact, Long Stand-Off Distance, Thickness and Position Gaging Systems

21 August 2013 - Albion Devices, Inc., an engineering firm specializing in precision measurement instrumentation, recently announced the introduction of its non-contact ultrasonic gaging and positioning systems.

Plain Dealer: GrafTech International Opens New Factory

21 August 2013 - GrafTech, International, the Parma-based global maker of huge electrodes for steel making, has ramped up its entry into precision products for electronics, the Cleveland Plain Dealer reports.

Ternium, Tenaris and Tecpetrol to Build and Operate Power Plant in Mexico

20 August 2013 - Ternium S.A., Tenaris S.A. and Tecpetrol International S.A. have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in Mexico, which would supply Ternium’s and Tenaris’s respective Mexican industrial facilities.

Mechel Signs Agreement to Sell Donetsk Electrometallurgical Plant

20 August 2013 - Mechel OAO has signed an agreement for the disposal of the Donetsk Electrometallurgical Plant AO in Ukraine.

Reuters: Hungary Offers to Buy Steelmaker Dunaferr to Save Jobs

20 August 2013 - Hungary's government will offer to buy back the loss-making steelmaker Dunaferr from Ukraine's ISD group, to prevent a layoff of 1,500 workers planned by the company, Economy Minister Mihaly Varga said on Monday, according to a Reuters report.

Global Crude Steel Production Up 2.7% Year-on-Year in July

20 August 2013 - World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 132 million tonnes in July 2013, an increase of 2.7% compared to July 2012.

AISI Applauds ITC Imports Vote in OCTG Trade Case

20 August 2013 - The American Iron and Steel Institute (AISI) applauded the affirmative preliminary injury vote by the International Trade Commission, which allows the AD and CD investigations on OCTG from India, Philippines, Saudi Arabia, South Korea, Taiwan, Thailand, Turkey, Ukraine and Vietnam to move forward.   

AIIS Decries ITC Decision in OCTG Trade Case

20 August 2013 - ITC Commissioners voted to continue cases against all nine countries in the cases brought by the domestic OCTG producers; the American Institute for International Steel decried the decision, noting that trade laws' purpose is not to protect profitable, growing industries.

Salzgitter Flachstahl to Raise Prices by €30 Per Ton

20 August 2013 - Salzgitter Flachstahl GmbH announced it will raise its flat steel prices by € 30 per ton for all new orders as from 1 September 2013.

U. S. Steel President Mario Longhi to Become CEO; John Surma Becomes Executive Chairman

19 August 2013 - United States Steel Corporation's Board of Directors elected president and chief operating officer Mario Longhi as a director, and announced that he will succeed Chairman John P. Surma as chief executive officer effective 1 September 2013. Surma will retain the position of executive chairman through 31 December 2013 when he will retire from the company and from the board of directors.

Danieli Automation Installs Compact Profile Gauge for Riva SAM Montereau

19 August 2013 - A new HiPROFILE LITE (aninnovative compact profile gauge) for rebar, plain round and small profiles measurements from Danieli Automation was scheduled to be commissioned at Riva SAM Montereau in France at the end of July 2013.

Report: ArcelorMittal Blast Furnace in East Chicago Goes Down

19 August 2013 - A blast furnace has gone down at ArcelorMittal Indiana Harbor, the largest steelmaking complex in North America, according to a report for the Times of Northwest Indiana.