Steel News

ArcelorMittal Completes First Installment of Sale of 15% Interest in ArcelorMittal Mines Canada

18 March 2013 - ArcelorMittal announced the completion of the first installment of the previously announced investment by a consortium led by POSCO and China Steel Corporation (CSC) to acquire a joint venture interest in ArcelorMittal’s Labrador Trough iron ore mining and infrastructure assets in Quebec, Canada.

Voestalpine Focuses on Internationalization in its Special Steel Segment

18 March 2013 - Vvoestalpine's global Special Steel segment continues to expand and has acquired a majority stake in the Düsseldorf-based Eifeler Group.

TMK Launches Production of Super-Chrome Steel VIT

18 March 2013 - TMK has shipped the first pilot batch of vacuum insulated tubing (VIT) made of 13CrS steel (super-chrome steel) for Gazprom’s Bovanenkovo oil and gas condensate field on the Yamal peninsula in Russia.

Severstal Targets US$81 Million in Investments in Environmental Projects at Cherepovets Mill in 2013

18 March 2013 - The Cherepovets steel mill, part of the Russian Steel division of OAO Severstal, will invest up to 2.5 billion rubles (US$81 million) in its environmental improvement program in 2013.

Advance Hires Jeff Becker As Sales Manager—Integrated Systems

14 March 2013 - Advance Storage Products is proud to announce and welcome Jeff Becker as its new sales manager—integrated systems.

AK Steel Names Vice President, Human Resources

14 March 2013 - AK Steel announced that Stephanie S. Bisselberg has been named vice president, human resources, effective 1 April 2013. She succeeds Lawrence F. Zizzo, who is retiring on 31 March 2013 following a 35 year career in the steel industry.

Tenova Core and AustralTek Sign Strategic Agreement

14 March 2013 - Tenova Core and AustralTek announced the signing of a long-term technology cooperation agreement to better serve the North and South American metals industry.

Timken Further Diversifies Portfolio with Acquisition of Interlube Systems Ltd.

13 March 2013 - The Timken Company announced its acquisition of Interlube Systems Ltd., which makes and markets automated lubrication delivery systems and related components to end market sectors including commercial vehicles, construction, mining, and heavy and general industries.

Mechel Announces Management Changes

13 March 2013 - Mechel OAO, one of the leading Russian mining and metals companies, announced a new executive appointment. Andrey Kocherov, 39, has been appointed Mechel OAO's vice president for public and investor relations.

Canada to Maintain Duties on Seamless Well Casing from China

13 March 2013 - The Canadian International Trade Tribunal found that the dumping and subsidizing of seamless carbon or alloy steel oil and gas well casing from China were likely to result in injury or retardation, therefore antidumping and countervailing duties will be maintained.

ANDRITZ to Supply Laser Welding Systems for Chinese Auto and Steel Producers

13 March 2013 - ANDRITZ Soutec has booked two important orders from China: BAIC Motor in Peking and PCMI Metal Product in Chongqing have each ordered a laser welding system for tailored blanks (sheet-metal parts for car bodies).

Tata Steel Invests in Workforce of Tomorrow

13 March 2013 - Tata Steel has launched a search to find 122 bright, talented and passionate people to join its apprenticeship schemes across Britain.

Voestalpine Constructing Direct Reduction Plant in Texas

13 March 2013 - The decision on the location of the voestalpine Group’s direct reduction plant in North America has been made. The plant will be constructed on the La Quinta Trade Gateway in San Patricio County, just outside the city of Corpus Christi, Texas, USA.

U.S. Steel Exports Increase in January But Remain Below 2012 Levels

12 March 2013 - Steel exports increased in January 2013 compared to December 2012 by 11.2% according to U.S. government data analyzed by the American Institute for International Steel.

Reuters: POSCO Cuts Back on Iran Steel Business

12 March 2013 - South Korean steelmaker POSCO, minority-owned by Warren Buffett's Berkshire Hathaway, has cut ties with government entities and sensitive industries in Iran such as energy and continues to trade with private firms, Reuters reports a letter as saying.

Arch Coal Earns 10 State Safety, Environmental Awards for Operational Excellence in West Virginia and Colorado

12 March 2013 - Arch Coal, Inc. announced that employees in Colorado and West Virginia recently earned a total of 10 statewide safety and environmental awards, including Colorado's top coal mine safety award.

Cliffs Natural Resources to Idle Wabush Pointe Noire Pellet Plant

12 March 2013 - Cliffs Natural Resources Inc. expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec, Canada, by the end of the second quarter of 2013.

Tenaris Expands Sucker Rods Mill in Mexico, Doubling Production Capacity

12 March 2013 - With an investment of US$12 million, Tenaris has finalized the second stage of the building of a sucker rods mill in Veracruz, Mexico.

BlueScope Steel Appoints New Non-Executive Director

12 March 2013 - BlueScope Steel chairman Mr. Graham Kraehe announced the appointment of Mr. Ewen Crouch AM as a non-executive director, effective immediately.

Bloated China Steel Sector Facing Closures, Big Miners to Suffer

12 March 2013 - China's bloated steel sector is facing a wave of closures in the next few years, with slowing demand and decades of "blind" expansion finally about to catch up with the industry, a senior executive and parliamentary delegate said, according to a Reuters report.