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Latest News
Vale in Commissioning Phase for Industrial Complex in Oman
21 February 2011 - Vale is currently in the commissioning phase of its first pelletizing plant within its Industrial Complex in Oman that also includes a distribution center and a deep-water bulk jetty.
Posco and LanzaTech to Collaborate on Renewable Energy
21 February 2011 - Posco has signed a memorandum of understanding with LanzaTech for implementation of gas fermentation technology to convert the steelmaker’s flue gases to ethanol and other value-added products.
John Deere Honors Nucor Cold Finish-Nebraska with Partner-Level Status
21 February 2011 - Nucor Cold Finish – Nebraska earns recognition as a Partner-level supplier for 2010 and was also named Enterprise Supply Management Supplier of the Year in the John Deere Achieving Excellence Program.
NLMK to Build Pelletizing Plant at Stoilensky
21 February 2011 - NLMK has approved the construction of a pelletizing plant with a capacity of 6 million tonnes of iron ore pellets per year at Stoilensky. The plant will be able to fully cover the company’s pellet requirements as early as 2015.
Ruukki to Implement Management Appointments Effective March 1
21 February 2011 - Rautaruukki Corporation announced a number of management appointments that will take effect March 1, 2011.
NLMK and Metalloinvest Sign Long-Term Supply Contracts
18 February 2011 - NLMK and Metalloinvest Holding have signed four-year contracts to supply a total of 21.6 million tonnes of pellets.
Posco-Mexico Achieves Qualification for Auto Outer Steel
18 February 2011 - Posco-Mexico has acquired qualification for outer steel plate of automobiles for the first time since it launched production of auto steel plates in August 2009.
Reliance Steel & Aluminum Reports 4th Quarter, Year End Results
18 February 2011 - Reliance Steel & Aluminum reported net income of $39.5 million on sales of $1.58 billion for the fourth quarter and net income of $194.4 million on sales of $6.31 billion for the year ended December 31, 2010.
Siemens to Modernize SSAB EMEA Continuous Annealing Line
18 February 2011 - SSAB EMEA has commissioned Siemens to equip the continuous annealing line at the Borlänge production facility with new automation and drive systems.
U.S., Canadian Metals Shipments Surged in January
18 February 2011 - Shipments of steel and aluminum from metals service centers in the United States and Canada surged in January, according to MSCI’s latest Metals Activity Report.
Outokumpu Appoints New CEO
18 February 2011 - Outokumpu's Board of Directors has appointed Mika Seitovirta as the new Chief Executive Officer.
Evraz Announces New Management Appointments
17 February 2011 - Evraz has made two new management appointments, both the result of an internal restructuring process that created two new positions: Vice President, Sales and Vice President, Procurement.
Steel Technologies to Acquire NuPro Steel
17 February 2011 - Steel Technologies LLC has signed a Memorandum of Understanding to acquire the business and certain assets of Crawfordsville, Ind.-based NuPro Steel, LLC.
December Steel Shipments up 8.6% from November
17 February 2011 - U.S. steel mills shipped 7,111,031 net tons for the month of December 2010, an 8.6% increase from the 6,549,025 net tons shipped in the previous month and a 17.8% increase from the 6,034,538 net tons shipped in December 2009, according to the latest report from AISI.
Chinese Boron-Added Plate Held Subject to Antidumping Order
17 February 2011 - The Department of Commerce has issued an affirmative preliminary circumvention ruling determining that Chinese imports of cut-to-length carbon steel plate that include insignificant amounts of boron are subject to the antidumping duty order on CTL plate.
Nucor Awards Tenova HYL Contract for World’s Largest DR Plant
17 February 2011 - Nucor has signed a contract with Tenova HYL for the world’s largest single DR module ever to be constructed. The 2.5 million ton per year, Louisiana-based Energiron ZR plant will supply DR to Nucor’s other steelmaking facilities.
ThyssenKrupp Reports Personnel Change on the Executive Board
16 February 2011 - ThyssenKrupp AG’s Personnel Committee is recommending to the Supervisory Board that Guido Kerkhoff be appointed member of the Executive Board of ThyssenKrupp AG as successor to Dr. Alan Hippe.
Worthington Industries, Gestamp to Form Wind Tower JV
16 February 2011 - Worthington Energy Group has signed a memorandum of understanding with Gestamp Renewables group to create a 50-50 joint venture that will focus on producing towers for wind turbines being constructed in the North American market.
ALJ Announces 1st Quarter Earnings, Repurchase of Preferred Shares
16 February 2011 - ALJ, the parent company of Kentucky Electric Steel, reported net income of $662,510 on net sales of $32.674 million for the fiscal first quarter ended December 31, 2010.
Siemens VAI to Expand ArcelorMittal Monlevade LD Steel Works in Brazil
16 February 2011 - ArcelorMittal Monlevade S.A. has placed an order with Siemens VAI to supply core components for the expansion of the João Monlevade steel mill located in the Brazilian state of Minas Gerais.
