Steel News

Big River Steel Awarded IJGlobal’s 2014 Deal of the Year Award

25 March 2015 - Big River Steel is pleased to announce that it has received IJGlobal’s 2014 Deal of the Year Award for a North American Metals & Mining transaction.

New Fine Dust Extraction Technology from SMS Group to Be Employed by Chinese Steelmaker

25 March 2015 - Shougang Qian'An Iron and Steel Co. Ltd. has placed an order with the SMS group to retrofit its steelworks with three hydro-hybrid filter systems.

NLMK Kaluga Produces Millionth Metric Ton of Rolled Steel

25 March 2015 - NLMK Kaluga, a next-generation EAF mini-mill in Russia (part of NLMK Group’s Long Products Division) that manufactures long products and sections for the construction industry, has produced its millionth metric ton of rolled steel.

ArcelorMittal Set to Invest €88 Million in Germany This Year

24 March 2015 - For the world's largest steel producer, ArcelorMittal, its sites in Germany remain very important.

NLMK Group Increases Use of Secondary Energy Sources at Novolipetsk

24 March 2015 - NLMK Group, a Russian manufacturer of high value added steel products, has begun hot testing of a new ‘green energy’ top-pressure recovery turbine (TRT) facility at its Lipetsk production site. Another turbine is under construction in parallel, with launch scheduled for 2016.

Cliffs Natural Resources to Sell Canadian Chromite Assets

23 March 2015 - Cliffs Natural Resources Inc. has entered into a definitive agreement to sell its Chromite assets in Northern Ontario, Canada, to Noront Resources Ltd. for CA$20 million.

Munroe Responds to Disaster, Turns Job in 10 Days

23 March 2015 - On 27 March 2014, a major U.S. steel producer in the Great Lakes region experienced a catastrophic failure of a giant collector duct pipe that collapsed and crashed through the roof of the company’s BOP shop.

Large Woodings Goggle Valve Bound for Detroit Steelmaker

23 March 2015 - A large steelmaking facility is going big, having placed an order for the design and production of a very large hydraulic goggle valve from Woodings Industrial.

EVRAZ Appoints Director of Investor Relations

23 March 2015 - EVRAZ announced the appointment of Irina Bakhturina to the role of director of investor relations effective 5 March 2015.

AK Steel Says Imports Negatively Impacting Shipments

20 March 2015 - AK Steel provided guidance for its first quarter 2015 financial results, saying it expects to report a net loss of US$0.23 to US$0.28 per diluted share of common stock for the first quarter of 2015.

ArcelorMittal Ostrava Selects Contractor for New Environmental Projects

20 March 2015 - ArcelorMittal Ostrava has obtained up to 90% subsidy from the EU for another six environmental projects within the 48th call.

ThyssenKrupp Implements IDEAL Laser Welder into Existing HDG Line

20 March 2015 - The implementation of a laser welding machine into an existing hot dip galvanizing line (HDGL) a ThyssenKrupp in Germany (TKSE) set an example for IDEAL’s unique solutions.

U.S. Ambassador to Austria Visits voestalpine Headquarters

20 March 2015 - United States Ambassador to Austria, Alexa Wesner, recently showed great interest in the activities technology and capital goods group voestalpine is driving forward in the US. During a visit to the Group’s headquarters in Linz she discussed current economic framework conditions in Europe and the USA with voestalpine CEO Wolfgang Eder, as well as voestalpine’s future prospects in the United States.

U. S. Steel to Build EAF and Tubular Coupling Facility in Alabama

19 March 2015 - United States Steel Corporation announced two capital investment projects valued at a total of US$277.5 million.

Nucor Sees Q1 Operating Performance Falling in Challenging Market

19 March 2015 - Nucor Corporation announced guidance for its first quarter ending 4 April 2015.

Sandvik President and CEO Wins Prestigious Diversity Award

19 March 2015 - Olof Faxander, president and CEO at Sandvik, has been awarded the prestigious Diversity Award - CEO Driving Diversity.

EVRAZ ZSMK Signs Off on PCI Plant from Paul Wurth

19 March 2015 - EVRAZ ZSMK of Novokuznetsk, Russia has issued in favor of Paul Wurth a final acceptance certificate for the pulverized coal injection plant designed and delivered by the Luxembourg-based plant builder.

MMK Benefits from Import Substitution in the Russian Market

19 March 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) bases its development strategy on continuing to strengthen its positions on Russia’s domestic market, producing goods for import substitution and meeting demand in the Russian economy for state-of-the-art and high-quality metal.

Metinvest Establishes New Maintenance Company for Its Metallurgical Assets

19 March 2015 - Metinvest Group created Metinvest-PromService, LLC based on the maintenance departments of Ilyich Iron & Steel Works of Mariupol, Azovstal, and Yenakiieve Steel.

SDI Predicts Stronger Second Half of the Year

18 March 2015 - Steel Dynamics Inc. provided first quarter 2015 earnings guidance.