Steel News

Tenova to Supply High-Capacity Consteel EAF for new Feida Steel Plant in China

03 May 2010 - Tenova will supply a 250 ton per hour Consteel® EAF to Beris-China for installation as part of Feida Group’s new steel plant in the Jangsu Province in China.

ArcelorMittal Leads by Example on Health and Safety Day

03 May 2010 - ArcelorMittal recently held its fourth annual Health and Safety Day, the theme for this year's event being “Leading by Example.” The event coincides with the International Labor Organization's World Day for Health and Safety at Work.

Steel Industry By-Products Report Available from worldsteel

03 May 2010 - The World Steel Association has published a report on steel industry by-products—the result of a survey of worldsteel member companies. It looks at by-products generation rates, recycling or reuse rates, and management techniques.

Universal Stainless Reports Further Recovery in Q1 2010

03 May 2010 - Universal Stainless & Alloy Products, Inc. reported sales for the first quarter of 2010 of $34.7 million, compared with $42.2 million in the first quarter of 2009 and $26.7 million in the fourth quarter of 2009.

Carpenter Technology Reports Q3 Results

03 May 2010 - Carpenter Technology Corp. reported net income of $2.1 million ($0.05 per diluted share) for the third quarter ended March 31, 2010, compared to $13.1 million ($0.30 per diluted share) for the 2009 third quarter.

ATI Allegheny Ludlum to Increase Stainless Prices

30 April 2010 - ATI Allegheny Ludlum is increasing base sales prices for cold-rolled and hot-rolled stainless sheet and strip products by approximately 6% effective with shipments beginning May 31, 2010.

Severstal NA to Sell Select Northern Steel Group Assets

30 April 2010 - Severstal North America enters into definitive agreement to sell some of the assets operated under Northern Steel Group, including Miami Valley Steel Service; Premier Resource Group; Electric Coating Technology; and U.S. Metals and Supply.

EPA Requires Improvements at Tonawanda Coke

30 April 2010 - The U.S. Environmental Protection Agency has ordered the Tonawanda Coke Corp. (TCC) to find and fix deficiencies in its operation of the coke manufacturing facility in Tonawanda, N.Y. EPA is also requiring TCC to explain two incidents that took place at the facility in 2009 and 2010, apparently due to power and equipment failures.

Tenova Core Resumes Work on Severstal Materials Handling System

30 April 2010 - Tenova Core has been contracted to design and supply a melt shop material handling system as part of the Severstal North America Phase II project at its Columbus, Miss., facility.

Commerce Initiates Circumvention Investigation on CTL Plate from China

30 April 2010 - The U.S. Department of Commerce is initiating an antidumping circumvention inquiry to determine whether imports of cut-to-length carbon steel plate from P.R. China are circumventing the duty order by containing small amounts of boron.

Lakeside Steel Announces Strategic Alliance with Scot Industries

30 April 2010 - Lakeside Steel Inc. has agreed to terms on a key business alliance with Wooster, Ohio-based Scot Industries, which will provide thermal treatment services for Lakeside Steel.

Allegheny Technologies Reports 1st Quarter 2010 Results

29 April 2010 - Allegheny Technologies reported net income of $18.2 million on sales of $899.4 million for the first quarter of 2010.

AK Steel Announces Pricing of Senior Notes Offering

29 April 2010 - AK Steel Corp. has successfully priced a $400 million underwritten public offering of its 7-5/8% senior notes due 2020.

Tenova to Supply New Line to SAIL

29 April 2010 - Tenova Strip Processing recently received an order from Steel Authority of India Ltd. for a Tension Leveling and Inspection Line for the Bokaro steel plant, in the state of Jharkhand. The line is expected to be commissioned within 24 months.

U. S. Steel Canada to Sell Bar, Bloom & Billet Mill to Max Aicher North America

29 April 2010 - U. S. Steel Canada enters into an agreement to sell the No. 1 Bar Mill and the No. 3 Bloom and Billet Mill at its Hamilton Works to Max Aicher (North America) Inc.

Yichang Three Gorges Orders Air-Knife Systems from FOEN

29 April 2010 - Yichang Three Gorges has placed an order with Fontaine Engineering und Maschinen (FOEN) for the supply of six air-knife systems inclusive of the electrical and automation package. The systems are to be integrated into six hot-dip galvanizing lines.

voestalpine Continues to Invest in Linz

28 April 2010 - voestalpine Stahl GmbH continued its EUR 700 million investment program “L6” in the 2009/10 business year, despite the poor economic climate. About one-half of all the L6 projects, which extend the annual crude steel production from 5.5 million to approximately 6 million tonnes, were implemented.

Tenova Goodfellow Technology Commissioned at Evraz Claymont Steel

28 April 2010 - Tenova Goodfellow has successfully closed another project at Evraz Claymont Steel with the commissioning of the EFSOP Holistic Optimization® technology on the existing 160-ton electric arc furnace.

Changes in Outotec’s Executive Board

28 April 2010 - Outotec has appointed Mika Saariaho, Ph.D. (Technology), as Chief Strategy Officer and member of the Executive Board as of August 1, 2010. CFO and member of the Executive Board, Vesa-Pekka Takala, is leaving after 21 years of service in Outotec's former parent company Outokumpu.

Preliminary Steel Imports Increase 25% in March

28 April 2010 - The U.S. imported a total of 1,971,000 net tons of steel in March, up 25% vs. February final data and the highest monthly total since January 2009 according to the latest report from AISI.