Steel News

China’s Zenith Steel Revamps Complete Rod Outlet With Primetals Technologies

01 April 2015 - • Product line expanded into high carbon market. • First Optimesh system installed in China for increased cooling. • Upgrade increases rolling speed to 110 m/s for greater production.

AK Steel's Zanesville Works Recognized for Outstanding Safety Performance

01 April 2015 - AK Steel's Zanesville (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.

EVRAZ North America Announces US$200 Million Investment in Regina Facility

31 March 2015 - EVRAZ North America announced today that it will make its largest single investment – approximately US$200 million – at its Regina, Sask., facility. Premier of Saskatchewan Brad Wall, Saskatchewan Minister of the Economy Bill Boyd, Regina Mayor Michael Fougere, EVRAZ and Enbridge executives, and local dignitaries participated in the announcement event.

U. S. Steel To Adjust Production At Minntac Plant

31 March 2015 - United States Steel Corporation announced today it will adjust operations and temporarily idle a portion of its Minnesota Ore Operations – Minntac plant in Mt. Iron, Minn., effective June 1.

Cliffs Natural Resources Inc. Announces Successful Completion of Refinancing Transactions

31 March 2015 - Cliffs Natural Resources Inc. announced that, on 30 March 2015, it entered into a new senior secured asset-based revolving credit facility and successfully completed its previously announced private offering of US$540 million aggregate principal amount of 8.250% Senior Secured Notes due 31 March 2020.

Primetals Technologies to Modernize Rolling Mill Drives for AMAG Rolling in Austria

31 March 2015 - Primetals Technologies has won an order from AMAG rolling GmbH, located in Ranshofen, Austria, to modernize the entire drive technology on its four-high hot rolling stand.

Ergonomic Crane Cabs for 24/7 Operation at Steel Facility

30 March 2015 - Fort Worth, Texas-based crane component specialist Flow in Motion LLC has supplied a second ladle crane cab to Nucor’s Hertford County facility in North Carolina, where the steel giant produces carbon steel plate.

Universal Stainless Finance Chief Announces Resignation

30 March 2015 - Universal Stainless & Alloy Products, Inc. announced that Michael D. Bornak, vice president of finance, chief financial officer and treasurer of Universal Stainless & Alloy Products Inc., notified the company of his intention to resign from his position.

ArcelorMittal mulls temporary idling at Lazaro Cardenas slab plant, Mexico

27 March 2015 - According to news source Kallanish, ArcelorMittal is “considering a temporary idling of certain steel production operations” in its Lazaro Cardenas slab plant in Michoacan state, Western Mexico.

North American Stainless to Make US$150 Million Expansion

27 March 2015 - North American Stainless (NAS) plans to invest US$150 million to expand its manufacturing facility in Ghent, Ky.

Outokumpu CEO Comments on EU Anti-Dumping, Progress in Calvert

27 March 2015 - Outokumpu held its Annual General Meeting in Espoo, Finland, on 26 March 2015. During the meeting Outokumpu CEO Mika Seitovirta presented the financial results of the company for the year 2014, the market environment and Outokumpu’s continued measures to reach sustainable profitability and financial stability.

SMS Mevac Commissions VOD Facility at Fujian Fuxin Special Steel

27 March 2015 - After the successful start-up of the stainless steel melt shop of Fujian Fuxin Special Steel (part of Formosa Plastics Corporation) in Zhangzhou, China, by the SMS group in 2014, last month the Duplex VOD X-eed unit supplied by SMS Mevac, Germany, was put into operation. This plant represents the extension phase of the melt shop.

Salzgitter Subsidiary Delivering Heavy Plate for Offshore Wind Jackets

27 March 2015 - Ilsenburger Grobblech GmbH (ILG), a Salzgitter AG subsidiary, has received an order from Erndtebrücker Eisenwerk GmbH & Co. KG (EEW) for around 10,000 metric tons of heavy plate for jackets for the Wikinger offshore wind project.

Newly Discovered Butterfly Named After ArcelorMittal Liberia Ecologist

27 March 2015 - A new species of African butterfly has been named after an ArcelorMittal Liberia ecologist.

Steel Executives Bring Trade and Jobs Focus to Capitol Hill

26 March 2015 - Chief executives from three of the leading steel companies in the U.S told members of the Congressional Steel Caucus on 26 March 2015 that the government needs to dramatically improve policies on trade, investment in the workforce and infrastructure to ensure competitiveness and preserve American jobs in steel and other manufacturing sectors.

CMC Says Imports, Strong Dollar, Excess Global Supply are Top Challenges

26 March 2015 - Commercial Metals Company (CMC) announced financial results for its second quarter ended 28 February 2015.

Finalists Named in 6th Annual AMM Awards for Steel Excellence

26 March 2015 - Following a highly competitive nomination process, 45 firms have been named finalists for the sixth annual AMM Awards for Steel Excellence, which honor world-class companies in, and in support of, the global steel industry.

MMK Records Successful Year for Production Plants

26 March 2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) reports that a number of its production facilities and plants set local records in 2014, demonstrating their best performances in recent history.

ArcelorMittal Ostrava Develops New Type of Steel for Power Gen industry

26 March 2015 - ArcelorMittal Ostrava has developed and started producing a new type of steel with high value addition: Steel grade 16Mo3 with addition of molybdenum belongs to the family of low-alloyed steels with increased thermal resistance and resistance to high temperature corrosion and creep.

Metinvest Launches New Steel Grade Plates Critically Important for Ukraine’s Ag-Machine Sector

26 March 2015 - Ilyich Iron & Steel Works of Mariupol is launching the production of boron-added 30MnB5 steel plates for quenching and tempering, which increases the service life of components in agricultural machinery.