Steel News

Voestalpine Gets a Significant Boost in Earning in the Business Year 2014/15

12 June 2015 - In a global economic environment that is inconsistent, the voestalpine Group continued the positive development of the previous year in the business year 2014/15 (April 1, 2014 to March 31, 2015).

North American Stainless Orders Stainless Steel Cold Rolling Mill and Bright Annealing Line From SMS Group

11 June 2015 - North American Stainless (NAS), U.S.A., a subsidiary of the Spanish Acerinox Group, has contracted SMS group for the supply of a 20-roll cold rolling mill and a bright annealing line.

POSCO Named World's Most Competitve Steelmaker by World Steel Dynamics

11 June 2015 - POSCO, the world's fourth-largest steelmaker by production, announced that it topped the global competitiveness list in 2015 for the sixth consecutive year on the back of its technological innovations and talented workforce.

SAIL, MIDHANI Sign MoU for Research and Development into Iron and Steel Industry

10 June 2015 - A Memorandum of Understanding (MoU) has been signed between Research and Development Centre for Iron & Steel (RDCIS), Steel Authority of India Limited (SAIL), Ranchi and Mishra Dhatu Nigam Limited (MIDHANI), Hyderabad in New Delhi, India, on 2 June 2015.

Nucor Announces 169th Consecutive Cash Dividend

10 June 2015 - The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.3725 per share on Nucor's common stock.

Southwest Steel Processing to Invest $18 Million in Newport Plant

09 June 2015 - According to a report by UALR Public Radio, Southwest Steel Processing announced that it plans to invest $18 million in its Newport, Ark., plant, adding a second forging line and creating 100 new jobs over the next two years.

Majestic Steel USA unveils new Braner/Loopco Triple Turret Head™ Slitter

09 June 2015 - After Majestic Steel USA purchased Houston-based Flat Rolled Steel in late 2013, the company has been hard at work revamping the Southwest location to better serve a diverse customer base.

AHSMA to Cut 20% of Workforce, Suspend Investment Plans

09 June 2015 - Mexican steelmaker Altos Hornos de Mexico, S.A.B. said it is suspending its investment plans and cutting its workforce and output in response to a 40 percent drop in steel prices thus far in 2015.

ThyssenKrupp Profiting From Strong Growth in North American Auto Market: New Steering Components Plant Opened in Mexico

09 June 2015 - The industrial and technology group ThyssenKrupp continues to expand in the growth region North America.

Tenova HYL Announces the Final Acceptance of the Nucor Steel Louisiana 2.5 mtpy DRI Plant in Convent, LA.

08 June 2015 - After the combined team effort that has led to the restart of the 2.5 mtpy ENERGIRON DRI plant in Convent, LA, Tenova HYL announces the successful repair of the process gas heater with the recommencement of production at Nucor Steel Louisiana and final acceptance of the plant.

Primetals Technologies Supplies New Dedusting System to Buderus Edelstahl in Germany

08 June 2015 - The new combined primary and secondary dedusting system from Primetals Technologies has been in full operation at Buderus Edelstahl GmbH in Wetzlar, Germany since February 2015.

AIC Gets Final Acceptance Certificate for a Revamping Project in Gerdau Whitby

08 June 2015 - AIC has successfully accomplished the cooling bed area upgrade project in Gerdau Structural Mill located in Whitby, Ontario - Canada, during the last Christmas shutdown and received the final acceptance certificate.

ArcelorMittal Hosts Automotive-Focused Investor Event

08 June 2015 - ArcelorMittal, the world’s leading steel and mining company, hosted an investor event on 3 June 2015 in London focusing on the company’s global automotive steel franchise and research and development (R&D) capabilities.

NLMK Kaluga Achieves Record Heat Series

05 June 2015 - NLMK Kaluga, NLMK Group Long Products Division’s next-generation EAF mini-mill that manufactures long products and sections for the construction industry, has achieved a record heat series duration of 110 heats in one tundish.

Outokumpu Lauches New Product Categorization and Innovations

04 June 2015 - Outokumpu announced a new way to categorize its wide range of stainless steel products.

Outotec to Supply Iron Ore Pelletizing Technology for B-MISCO in Iran

04 June 2015 - Outotec has won an order from Bafgh Mineral Complex Iron and Steel Industry Company (B-MISCO) for the design and delivery of technology and services for a new iron ore pelletizing plant in Bafgh, Yazd Province, Iran.

AK Steel and Other US Producers File Trade Cases Against Five Countries

04 June 2015 - AK Steel today announced that it has joined other major domestic steel producers in filing anti-dumping and counter-vailing duty petitions against five countries related to corrosion-resistant steel.

Carpenter Technology Names Tony R. Thene to Serve as President and CEO

03 June 2015 - Carpenter Technology Corporation announced that its Board of Directors has appointed Tony R. Thene as Carpenter’s President, Chief Executive Officer (CEO) and member of the Board of Directors, effective July 1, 2015.

PRO-TEC Coating Company President Bryan P. Vaughn To Retire; Brent Rosebrook Named Acting President

03 June 2015 - PRO-TEC Coating Company, a 50/50 joint venture between United States Steel Corporation and Kobe Steel, Ltd., of Japan, announced that its president, Bryan Vaughn, has elected to retire effective June 1, 2015 after 34 years of service in the steel industry.

AK Steel to Upgrade Dearborn Works' Hot-Dip Galvanizing Line to Produce Next-Generation Advanced High-Strength Steels

03 June 2015 - AK Steel announced plans to introduce one of the first commercially available Next-Generation Advanced High Strength Steels in the world.