Steel News

Severstal Changes Official Name to Comply with Russian Corporate Laws

25 December 2014 - Russia’s OAO Severstal has changed its name to PAO Severstal.

Metalloinvest Completes Another Stage of Modernization at MGOK’s Crushing, Processing Plant

25 December 2014 - Mikhailovsky GOK (part of Metalloinvest) has completed reconstruction of the main conveyor M1 at its crushing and processing plant as part of Metalloinvest’s investment program.

ANDRITZ to Supply New Furnace Plant for Railroad Track Production to voestalpine

24 December 2014 - International technology Group ANDRITZ has been awarded an order to supply a new walking beam furnace for the Donawitz plant of voestalpine Schiene GmbH, Austria, Europe’s leading supplier of railroad tracks.

Arkansas Northeastern College Offering Free Workforce Training for Future Big River Steel Employees

24 December 2014 - As Arkansas’ newest super-project, Big River Steel, begins construction in Mississippi County, Arkansas Northeastern College (ANC) has announced two workforce readiness programs to aid local residents hoping to join the company’s team — both offered at no cost to the student.

AHMSA Initiates Lifting of Bankruptcy Suspension of Payments Process

24 December 2014 - Altos Hornos de México S.A.B. de C.V. (AHMSA) made a filing in the Civil Court of First Instance for the Judicial District of Monclova, Coahuila, United Mexican States to initiate the lifting of its suspension of payments.

voestalpine Acquires Railway Competence Center in Australia

23 December 2014 - The voestalpine Group continues to extend its global leadership in the railway infrastructure sector and has agreed to acquire the Bathurst Rail Fabrication Center (BRFC) located in Australia.

Sandvik Part of Winning European Consortium for Sustainable Raw Materials Supply

22 December 2014 - Sandvik is part of a pan-European strategic partnership that has been granted the 2014 European Institute of Innovation and Technology (EIT) Call for Knowledge and Innovation Communities (KICs) to boost innovation and tackle health and raw materials challenges in Europe.

SSAB Investing in Use of Liquefied Natural Gas

22 December 2014 - SSAB is participating in Manga LNG Oy’s liquefied natural gas (LNG) terminal project to be built in Tornio in the north of Finland.

Siemens to Modernize Wei Chih Bar Mill in Taiwan

22 December 2014 - Siemens Metals Technologies has received an order from Wei Chih Steel Industry Co. Ltd. to modernize the company's existing bar mill in its Tainan Plant in Taiwan.

ArcelorMittal Ostrava Tube Mill Celebrates 65 Years of Producing Pipe

22 December 2014 - November 2014 marked 65 years of producing pipe at ArcelorMittal Tubular Products Ostrava (AMTPO).

Outokumpu to Invest in Utilizing Liquefied Natural Gas in Finland

19 December 2014 - Outokumpu is investing approximately €30 million into using liquefied natural gas (LNG) as a replacement for propane at its Tornio, Finland, mill.

Seversal Dearborn Acquisition, Strong Auto Market Boost AK Steel’s Q4 Shipments

19 December 2014 - AK Steel provided guidance for its fourth quarter 2014 financial results.

ArcelorMittal Signs Contract with STX France Shipyards for Three New Cruise Ships

19 December 2014 - ArcelorMittal has signed a new contract with the Saint-Nazaire shipyard to supply a minimum of 116,000 metric tons of steel for the hulls and decks of three giant cruise ships to be built by STX France, following an initial contract signed with STX France in 2013 relating to the construction of the world’s largest cruise ship, in the "Oasis" class and destined for the Royal Caribbean Cruise Line (RCCL).

Electralloy Announces Retirement, Names New Southwest Regional Sales Manager

19 December 2014 - Electralloy, a custom producer of specialty and stainless steels, announced the upcoming retirement of long-time sales representative Ed Barnot.

SDI Shares Q4 Guidance, Sees Steel Demand Trend Remaining Favorable

18 December 2014 - Steel Dynamics Inc. provided fourth quarter 2014 earnings guidance, noting that it expects both metal spread and shipments to contract due to seasonality and the continuation of elevated import levels.

New Side Guide System from Siemens Reduces Hot Strip Mill Maintenance Costs

18 December 2014 - With the newly developed Eco Slide Disc Solution, Siemens Metals Technologies offers operators of hot strip mills a side guide system which can be adapted to nearly all existing entry guides and elongates the lifetime of wear parts up to 10 times compared to conventional wear plates.