Steel News

Massey Energy Enters Agreement with Essar Mineral Resources

29 November 2007 - Massey Energy and Essar Group’s Essar Mineral Resources enter agreement to jointly evaluate and develop select business opportunities on a project-by-project basis.

Commerce Finds Subsidization of Pipe and Tube Imports from China

28 November 2007 - The U.S. Department of Commerce a preliminary finding that imports of rectangular pipe from China have been unfairly subsidized.

Finished Steel Imports Still High Through October

28 November 2007 - The U.S. imported a total of 2,700,000 net tons of steel in October 2007, a 13% increase compared to the final September data according to the latest report from the American Iron and Steel Institute.

Stockholders Approve Merger of Wheeling-Pittsburgh and Esmark

28 November 2007 - In a long-awaited vote, stockholders of Esmark Inc. and Wheeling-Pittsburgh Corp. overwhelmingly approve the combination of the two companies.

Northwest Pipe Announces Management Change

27 November 2007 - Northwest Pipe announces the appointment of Gary Stokes to the new role of Senior Vice President of the Water Transmission Group, effective January 1, 2008.

Ipsco Appoints General Manager for Montpelier Operations

27 November 2007 - Ipsco appoints steel industry veteran Ed DiCiccio as General Manager of its Montpelier, Iowa, steelmaking complex.

Timken Bearings in Key Systems at New SeverCorr Mill

26 November 2007 - Timken’s bearing assemblies were used as components in the major production systems supplied by SMS Demag for the new SeverCorr steel plant.

U. S. Steel to Challenge ITC Decision on Welded Line Pipe from Mexico

22 November 2007 - United States Steel is challenging the ITC’s recent determination that revoking an antidumping duty order on large-diameter welded line pipe from Mexico would not be likely to cause material injury to domestic producers.

IISI Reports World Steel Production for October 2007

22 November 2007 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 114.0 million tonnes in October — 6.6% higher than for the same month of 2006.

ArcelorMittal to Acquire Equity Stake in General Moly

21 November 2007 - ArcelorMittal signs agreement to acquire a 12.6% equity stake in General Moly, as well as a letter of intent to enter a long-term off-take agreement for approximately 6.5 million pounds per year of molybdenum.

Harsco’s Excell Minerals Division Awarded New Contracts in Europe

21 November 2007 - Harsco’s newest operating division, Excell Minerals, receives contracts with ArcelorMittal's Imphy Alloys specialty steel works in France, and with BGH Freital’s specialty steel works in Germany.

IISI, Steel Industry Call for Review of BHP-Rio Tinto Alliance

21 November 2007 - Speaking on behalf of steel producers worldwide, the International Iron and Steel Institute issues a formal request that all relevant competition authorities review the proposed alliance between BHP and Rio Tinto.

PRO-TEC Wins Prestigious Malcolm Baldrige Award

21 November 2007 - The U.S. Department of Commerce selects PRO-TEC Coating Company as one of five recipients of the prestigious Malcolm Baldrige National Quality Award for 2007.

Steel Shipments Dip Further Below ‘06 Levels in September

20 November 2007 - U.S. steel mills shipped 8,492,000 net tons of steel in September 2007, a 7.7% decrease from the 9,199,000 net tons shipped in September 2006.

ArcelorMittal Plans Q1 Steel Price Increase for U.S., Q2 Increase for EU

20 November 2007 - Raw material and energy cost increases for 2008 are prompting ArcelorMittal to increase prices for flat steel products in the NAFTA and European markets.

Gerdau to Acquire MacSteel from Quanex

20 November 2007 - Brazil-based Gerdau Group signs definitive agreement for the acquisition of Quanex Corp.’s MacSteel business for US$ 1.458 billion in cash, plus the assumption of debt and certain liabilities.

Steelworkers Ratify Horsehead Labor Agreement at Monaca

19 November 2007 - The United Steelworkers local 8183 votes to accept a new labor contract with Horsehead at the company’s Monaca, Pa. facility.

Nucleus LLC to Provide Melt Manufacturing System to Carpenter Technology

19 November 2007 - Nucleus LLC is providing a primary melting manufacturing execution system to Carpenter Technology that will bring together the Level 2 control functions of the existing EAF and vacuum induction melting facilities at the company’s Reading, Pa., facility.

Symmetry Holdings Closes Acquisition of Novamerican Steel

19 November 2007 - Symmetry Holdings completes its acquisition of steel service center, processor and tubing manufacturer Novamerican Steel.

AK Steel Honors Four Companies with Supplier of the Year Awards

19 November 2007 - AK Steel honors four companies with its Supplier of the Year award for outstanding service, value and strategic support of the steelmaker's business plan.