Steel News

MSA to Develop Process Benchmarker Platform for AIST

08 November 2011 - Management Science Associates Inc.’s Metals and Advanced Manufacturing Division has received a contract to design and implement a Web-based platform and service for benchmarking operational performance metrics for the Technology Committees of the Association for Iron & Steel Technology.

Air Liquide Starts Up New Air Separation Unit at Rancho Cucamonga

08 November 2011 - Air Liquide Industrial U.S. LP celebrated this week the start-up of new Air Separation Unit at its facility in Rancho Cucamonga, Calif.

Posco, Gorenje Sign Long-Term Supply Agreement

08 November 2011 - Posco recently signed a long-term supply agreement with home appliance maker Gorenje in Velenje, Slovenia. The agreement will allow Posco to set up a bridgehead in Europe for stable home appliance steel sales.

voestalpine, Austrian Ski Association Cooperate on New Structure

07 November 2011 - voestalpine and the ÖSV recently presented the result of their cooperation in honor of the FIS Alpine World Ski Championships 2013 in Schladming: a steel structure called voestalpine skygate erected in the finish arena of the Planai stadium.

ArcelorMittal Kryvyi Rih Honored for Corporate Responsibility Report

07 November 2011 - ArcelorMittal Kryvyi Rih was recently awarded second place in the Ukraine’s Readers' Choice Award-2011 for the publication of its first Corporate Responsibility Report.

Tata Steel to Close Construction Products Business in South Wales

07 November 2011 - Tata Steel announces plans to cease operations at its loss-making Construction Products business, a Llanwern-based operation focused on roll-formed products and assemblies.

Nippon Steel, WISCO Formally Establish Tinplate Joint Venture

07 November 2011 - Nippon Steel and Wuhan Iron and Steel Group have formally established WINSteel, a new joint venture that will manufacture and sell tinplate in Wuhan City, Hubei Province.

POS-InfraAuto Conducts Groundbreaking Ceremony

04 November 2011 - POS-InfraAuto, a joint venture among Posco-CSPC, Korean Fine Blanking manufacturer MR-InfraAuto, Dongkuk Industries, and SK Networks established in the Huaqiao Business Park in Kunshan, jiangsu of China, held a groundbreaking ceremony on Oct. 31.

Canadian Auto Workers Local Ratifies Contract with Lakeside Steel

04 November 2011 - Members of the Canadian Auto Workers, Local 523, the union representing employees at the Welland, Ont., facilities of Lakeside Steel Corp. have ratified a new three-year collective agreement.

Cliffs Natural Resources Reports on Sustainability Progress

04 November 2011 - Cliffs Natural Resources has released its third sustainability report, which provides a comprehensive look at Cliffs' business and describes the company's goals, progress and outcomes in four key areas of corporate responsibility: corporate governance, environment, community and economic value.

Russel Metals Announces Third Quarter Results

04 November 2011 - Russel Metals announced earnings of $26 million on revenues of $705 million for the third quarter, and net earnings of $90 million on revenues of $2.0 billion for the nine months ended September 30, 2011.

Sumitomo Metals Receives “Best Partner Award” from Panasonic

04 November 2011 - The Sumitomo Metals Group received the Best Partner Award, the highest of its kind, at the recent Panasonic Excellent Partners Meeting. The Group also received the Gold Award and the Bronze Award for ECO-VC (Value Creation) Initiatives.

Tata Steel to Begin Commissioning Stocksbridge Furnaces

03 November 2011 - Trials are due to begin by the end of 2011 on new equipment at Tata Steel’s Stocksbridge steelworks in South Yorkshire in the UK following a £6.5 million investment program to increase production of aerospace steels. Engineers are currently carrying out the final installation work.

Steel Import Market Share Still at 22% in October Despite 3% Dip in Import Permits

03 November 2011 - Steel import permit applications totaled 2,192,000 net tons for the month of October, a 3% decrease from the 2,269,000 permit tons recorded in September according to the latest report from AISI.

Severstal Receives GOSGRANT Support for Social Projects

03 November 2011 - OAO Severstal has been recognized at the 2nd Congress of Nonprofit Organizations of Russia and All-Russia Conference (GOSGRANT) awards based on the company’s Road Home program.

Don B. Daily Memorial Fund Selects Recipients

03 November 2011 - The Steel Manufacturers Association (SMA) and the Association for Iron & Steel Technology (AIST) Foundation are proud to announce the first-year recipients of the newly established Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.