Steel News

ArcelorMittal Europe Reports €125 Million Operating Profit for Q3 2014

27 November 2014 - ArcelorMittal Europe announced its results for the third quarter of 2014.

Tata BlueScope Steel Constructs Library Building for KIIT University

27 November 2014 - Tata BlueScope Steel Limited, through its EZYBUILD® Solutions Provider, Adi Durga Steel, has bagged the project to construct a library building for KIIT University, Bhubaneswar, Odisha, India.

Markets on the Upswing: CRU 2014 North American Steel Conference

26 November 2014 - Each year, CRU holds its North American Steel Conference in Chicago, Ill., USA, featuring the latest updates from new and established market players, market and pricing forecasts, and the latest on the international trading front.

Consortium Receives German Future Award for “Horizontal Strip Casting of Steel” Project

26 November 2014 - German Federal President Joachim Gauck presented the “German Future Award – Federal President’s Award for Technology and Innovation” in Berlin on 19 November 2014. The project partners are Salzgitter Flachstahl GmbH, SMS Siemag AG, and the Technical University of Clausthal.

NLMK Marks 80th Anniversary with Jubilee Pig Iron Heat at BF No. 7

26 November 2014 - Novolipetsk, NLMK Group’s main plant, celebrated the 80th anniversary of the production of its first pig iron with a formal jubilee heat ceremony held at blast furnace No. 7, one of the most modern and efficient furnaces in the world.

ATI Announces Order, Largest Project Participation in Company History

25 November 2014 - Allegheny Technologies Incorporated has received an additional order for its nickel-based alloy plate to be used in a large oil & gas pipeline project.

Executive Chairman of EVRAZ North America Awarded Gary Memorial Medal

25 November 2014 - The American Iron and Steel Institute (AISI) announced that Mike Rehwinkel, executive chairman, EVRAZ North America, is the 2014 recipient of the Gary Memorial Medal—the industry’s highest honor.

Metalloinvest Commences Pilot Production of New Facility at OEMK

25 November 2014 - A new oxygen facility with a cryogenic air-separation unit (ASU #3) has entered the pilot production phase at OEMK (part of Metalloinvest).

ArcelorMittal's Quarterly Results Show Considerable Improvement in Steel Business

25 November 2014 - ArcelorMittal announced results[1] for the three and nine month periods ended 30 September 2014.

U. S. Steel Announces New Headquarters Location

24 November 2014 - United States Steel Corporation president and chief executive officer Mario Longhi joined Pittsburgh Penguins president and chief executive officer David Morehouse in announcing that the company will relocate its corporate headquarters to the former Civic Arena site in Pittsburgh's lower Hill District.

Valbruna Slater Stainless Expanding in Indiana

24 November 2014 - Valbruna Slater Stainless Inc., a stainless steel and nickel alloy manufacturer, announced plans to expand its operations in Fort Wayne, Ind., creating up to 45 new jobs by 2017.

Belaz Wins Swedish Steel Prize 2014

24 November 2014 - This year’s winner of the international Swedish Steel Prize is Belaz from Belarus. The prize was awarded for the company’s innovative and new construction for axle suspension and slewing bearings for the world’s largest dump truck. The new construction takes full advantage of the properties of high-strength steel.

OSHA Fines TimkenSteel for Serious Safety Violations

24 November 2014 - Employees at all three of TimkenSteel Corp.'s Canton plants were found by the U.S. Department of Labor's Occupational Safety and Health Administration to be exposed to amputation and fall hazards.

Cliffs Natural Resources to Pursue Exit Options for Eastern Canadian Operations

24 November 2014 - Cliffs Natural Resources Inc. is pursuing exit options for its Eastern Canadian iron ore operations which may result in the closure of the Bloom Lake mine.

U. S. Steel Names Leadership for Automotive and Consumer Commercial Entities

21 November 2014 - United States Steel Corporation announced the executive leadership for two of the company's newly created commercial entities.

Asil Çelik Orders Turkey’s First 3-Roll RSB from FRIEDRICH KOCKS

21 November 2014 - ASIL ÇELIK, headquartered in Orhangazi county, in the Turkish province of Bursa, has decided to modernize its medium section mill with a major revamp. An order was placed with an international consortium made up of: DANIELI (Italy), FEMATEK (Turkey), and FRIEDRICH KOCKS (Germany).

Sandvik Focusing on Execution and Growth

21 November 2014 - The key focus of Sandvik’s Capital Markets Day, which was held in the U.S. on Monday, 17 November 2014, was to provide an update on the company’s strategic actions to achieve higher returns, reduced earnings volatility and greater exposure to attractive growth areas.

Essar Steel Algoma Concludes US$1.4 Billion Recapitalization and Refinancing Process

20 November 2014 - Essar Steel Algoma Inc. has completed a comprehensive recapitalization and refinancing of the company.

U. S. Steel Tubular Products Honors Range Resources CEO with Chief Roughneck Award

20 November 2014 - U. S. Steel Tubular Products Inc., a subsidiary of United States Steel Corporation, announced that Jeffrey L. Ventura, president and chief executive officer of Range Resources, is the recipient of the Chief Roughneck Award for 2014.

AK Steel Wins Trade Cases on Non-Oriented Electrical Steel

20 November 2014 - AK Steel reported that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by reason of dumped and subsidized imports from six countries.