Steel News

Outokumpu Reports Unsatisfactory Financial Results

05 November 2013 - Outokumpu reported its third quarter 2013 financial results as well as a business and financial outlook for the remainder of the year.

ArcelorMittal South Africa Announces Supply Agreement with Sishen Iron Ore Co.

05 November 2013 - ArcelorMittal announced that its 51% subsidiary, ArcelorMittal South Africa, has reached an agreement with Sishen Iron Ore Company Ltd (SIOC), a subsidiary of Kumba, relating to the long-term supply of iron ore.

Tata Steel Invests in Gelsenkirchen Production Plant

04 November 2013 - Europe’s second largest steel producer Tata Steel is expanding its production plant in Gelsenkirchen, in the Ruhr region of Germany.

Universal Stainless Reports Higher Third Quarter Sales as Shipments Increased to Most End Markets

04 November 2013 - Universal Stainless & Alloy Products, Inc. reported that net sales for the third quarter of 2013 were US$48.5 million, which is in line with the company's guidance on 28 October 2013.

ATI Completes Sale of its Tungsten Materials Business

04 November 2013 - Allegheny Technologies Inc. announced that it has completed the previously announced sale of its tungsten materials business to Kennametal Inc. for US$605 million.

Outokumpu Introduces Daily Alloy Surcharge Pricing Model in Europe

04 November 2013 - Following a successful piloting, Outokumpu will introduce the daily alloy surcharge pricing model for distributors in Europe.

Danieli Corus to Supply Two Sublance-Based BOF Process Control Systems for Chinese Steelmaker

01 November 2013 - Danieli Corus has been awarded an order for the design and supply of two complete sublance systems and a SDM level 2 model for Rizhao Steel Group in China.

Cliffs Announces Planned Retirement of Executive Vice President & President, Global Commercial

31 October 2013 - Cliffs Natural Resources Inc. announced that Donald J. Gallagher, executive vice president & president, global commercial, will retire effective 31 December 2013.

U. S. Steel Appoints New Vice President and Chief Information Officer

31 October 2013 - United States Steel Corporation chief executive officer Mario Longhi today announced the appointment of Charles G. Balawajder to the position of vice president and chief information officer effective 1 November 2013.

U.S. Court Finds Severstal North America Has Right to Produce Aluminized Boron Steels

31 October 2013 - Severstal North America announced that the U.S. District Court in Delaware found in summary judgment that ArcelorMittal’s reissue patent for aluminum coated steel sheet for hot stamping not infringed by Severstal Dearborn, LLC and the other defendants.

Outokumpu Introduces New High-Chromium Ferritic and Austenitic Grades

31 October 2013 - Outokumpu continues to bring new innovations to market and is now expanding its product range with two new high-chromium stainless steel grades, ferritic grade EN 1.4622 and austenitic grade EN 1.4420.

Reuters: U. S. Steel to Partially Shut Hamilton, Ontario, Mill

30 October 2013 - United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year, according to a Reuters report.

Gerdau Midlothian Successfully Starts Up Lime/Dololime Sidewall Injection System from MORE

30 October 2013 - Gerdau Midlothian, located in Midlothian, Texas, commissioned the lime and dololime fix injection technology supplied from MORE srl (Italy) on EAF A and EAF B.

Court Rules in AK Steel's Favor in Patent Infringement Litigation with ArcelorMittal

30 October 2013 - AK Steel said that the United States District Court for the District of Delaware again confirmed that the company's ULTRALUME® advanced high-strength steel product does not infringe upon an ArcelorMittal patent.

Schnitzer Reports Fourth Quarter Fiscal 2013 Financial Results

30 October 2013 - As it reported its quarterly earnings, Schnitzer Steel said its Steel Manufacturing Business reported its best fourth quarter and full year performance since fiscal 2008.

Cliffs Natural Resources Reports Strong 2013 Third-Quarter Results on Lower Costs

30 October 2013 - Cliffs Natural Resources Inc. reported third-quarter results for the period ended 30 September 2013.

ThyssenKrupp Steel Europe Puts Blast Furnace 9 in Duisburg Back into Operation

29 October 2013 - ThyssenKrupp Steel Europe’s blast furnace 9 in Duisburg-Hamborn has been fired up again and has started a new campaign.

Carpenter Technology Reports First Quarter Results

29 October 2013 - Carpenter Technology said its team executed at a high level within the context of generally soft market conditions during the quarter ended 30 September 2013.

U. S. Steel Posts Third Quarter 2013 Net Loss of US$1.8 Billion

29 October 2013 - United States Steel Corporation reported a third quarter 2013 net loss of US$1,791 million primarily due to a US$1.8 Billion pre-tax non-cash goodwill impairment charge.

Tata Steel Europe's Long Products Business to Restructure

29 October 2013 - Tata Steel's Long Products business announced restructuring proposals to help strengthen its competitiveness.