Steel News

ArcelorMittal Kryviy Rih Breaks Converter Lining Record

19 August 2011 - The converter shop of PJSC ArcelorMittal Kryviy Rih achieved a record vessel-lining life for converter #5 of 4,070 steel casts implemented during its campaign life from December 4, 2010, to August 15, 2011.

TMS International Announces New Board Chairman

18 August 2011 - TMS International Corp., the parent company of Tube City IMS Corp., announced the election of Joseph Curtin to serve as Chairman of the TMS Board of Directors effective August 16, 2011.

Metso to Supply Scrap Metal Shredder for Vyksa Steel Works

18 August 2011 - Metso will deliver a metal shredder plant to the Russian Vyksa Steel Works to process clean and dense shredded ferrous scrap from all kinds of miscellaneous scrap and car bodies.

EMCOR to Upgrade Electrical System for Indiana Harbor HSM

18 August 2011 - ArcelorMittal has awarded a contract to EMCOR Group subsidiary EMCOR Hyre Electric to upgrade the electrical systems for the company’s Indiana Harbor facility in East Chicago, Ind.

June Steel Shipments up 3.5% From May

18 August 2011 - U.S. steel mills shipped 7,639,108 net tons for the month of June 2011, a 3.5% increase from the previous month’s shipments according to the latest report from AISI.

ArcelorMittal Kryviy Rih Honored for 40-mm Rebar

18 August 2011 - ArcelorMittal Kryviy Rih’s 40-mm-diameter rebar of А500С class has won the All-Ukrainian competition Best Domestic Good 2011 in the category of steel industry. The rebar is used for construction of earthquake-resistant structures such as bridges, dams, nuclear and hydropower plants.

Keystone to Withdraw Registration Statement for Subscription Rights Offering

18 August 2011 - Keystone Consolidated Industries has decided not to proceed with its proposed subscription rights offering following the purchase of 1.55 million shares of Keystone common stock in a private transaction by majority shareholder Contran.

PBGC Negotiates Pension Funding for Sand Springs Workers

17 August 2011 - The Pension Benefit Guaranty Corporation has reached an agreement with Gerdau that will add $18.6 million in additional pension funding covering more than 780 workers and retirees in Sand Springs, Okla.

ABB to Supply Drive System for Hyundai Plate Mill Expansion

17 August 2011 - Hyundai Steel Company recently awarded a contract to ABB to supply the drive system for extension of its existing heavy plate mill in the Chungnam province of South Korea.

Enviance to Provide Environmental System for ArcelorMittal USA

17 August 2011 - ArcelorMittal USA has selected Enviance, Inc.’s cloud-based software to manage data for air emissions, greenhouse gas (GHG) inventory, material safety data sheets (MSDS), water and waste.

SMS Mevac to Supply Twin Ladle Furnace for China Steel

17 August 2011 - China Steel Corp., located in Kaohsiung, Taiwan, has commissioned SMS Mevac, Germany, to supply a 270-tonne twin ladle furnace for its No. 2 BOF Steelmaking Plant.

Growth in Metal Shipments Continues to Slow

17 August 2011 - Service center shipments increased from year-ago levels, but growth rates continue to slow from earlier this year for both steel and aluminum in Canada and for steel in the U.S., according to the latest Metals Activity Report from the Metals Service Center Institute. Aluminum shipments in the U.S. declined slightly from July 2010.

NDC Infrared Engineering Acquires IRM Group SA

16 August 2011 - NDC Infrared Engineering has acquired the IRM Group, a leading manufacturer of high-technology measuring systems for the metals industries.

Siemens to Supply Sinter Plant to Jindal Steel & Power

16 August 2011 - Jindal Steel & Power Ltd. placed an order with Siemens VAI Metals Technologies to supply a new sinter plant on a process turnkey basis. The project is part of a new integrated steelworks currently under construction in the eastern Indian city of Patratu.

SAIL Chairman Urges Completion of ISP Upgrade

16 August 2011 - The Chairman of Steel Authority of India Ltd (SAIL), C.S. Verma, recently visited IISCO Steel Plant at Burnpur in West Bengal to review progress of its ongoing modernization and expansion program. He urged project officials to expedite the projects that have been delayed due to unforeseen circumstances.

ALJ Reports Third Quarter Results

16 August 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported net income of $2.5 million on revenue of $43.2 million for the third quarter and net income of $5.5 million on revenue of $116.1 million for the nine months ended June 30, 2011.