Steel News

NLMK and OMK Renew Contract for Slabs Used in Large-Diameter Pipe Production

07 November 2013 - NLMK Group, Russia’s largest steelmaker, and OMK Group, Russia’s leading pipe manufacturer, signed a new agreement on long-term cooperation renewing the contract for the supply of slabs until and inclusive of 2016.

ArcelorMittal Reports Third Quarter and Nine-Months 2013 Results

07 November 2013 - ArcelorMittal said, that after a weak first half, it saw third quarter performance improve year-on-year, positively impacted by its cost optimization efforts and the increased shipments from its mining expansion.

AK Steel Announces Price Increase for Carbon Steel Products

07 November 2013 - AK Steel said today that it will increase current spot market base prices for all carbon flat-rolled steel products by US$30 per ton, effective immediately with new orders.

Tata Steel Europe Launches New Service Supporting Use of Advanced Steel Products

07 November 2013 - Tata Steel, Europe’s second largest steel producer, is to launch a new type of service for its automotive customers: the Total Cost of Ownership (TCO) Scan.

Hoesch Hohenlimburg Investing in Quality and Performance

07 November 2013 - Major investments are underway at Hoesch Hohenlimburg, a subsidiary of ThyssenKrupp Steel Europe.

SMS Mill Services Awarded Slab Conditioning Contract with Severstal North America

06 November 2013 - SMS Mill Services Michigan, LLC (SMS) has been awarded a steel slab conditioning services agreement with Severstal North America (SNA) at its Dearborn, Mich., operation.

Mitsubishi-Hitachi Metals to Supply Pickling Tandem Cold Mill to Baotou

06 November 2013 - Mitsubishi-Hitachi Metals Machinery, Inc. received an order for a second pickling tandem cold mill from Baotou Iron & Steel (Group) Co., Ltd. of Inner Mongolia in the People's Republic of China.

voestalpine Reports Solid Results in Difficult Market Environment

06 November 2013 - After a solid first quarter of the current business year, the second quarter revealed some vulnerabilities in individual business segments that had not been anticipated in the early part of the summer, voestalpine said.

ThyssenKrupp Steel Europe Creates Unique Service Center in Krefeld

06 November 2013 - ThyssenKrupp Stahl-Service-Center has entered into a partnership to develop new market segments in the sheet sector.

Severstal's Izhora Pipe Mill Achieves European Accreditation

06 November 2013 - Severstal’s Izhora Pipe Mill has received certification allowing it to supply pipes to the European market, which would include the South Stream pipe line system’s on-land sections.

Dan DiMicco to Retire as Executive Chairman of Nucor; John Ferriola Named New Chairman

05 November 2013 - Daniel R. DiMicco has announced that he is retiring from the Board of Directors of Nucor and from his position as executive chairman on 31 December 2013.

ArcelorMittal to Increase Proportion of Women in Management Positions

05 November 2013 - ArcelorMittal Ostrava recently hosted an education and development program aimed at increasing women's chances of finding a position in the company's management.

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.