Steel News

Timken Announces Plan to Separate Steel Business Into Independent Company

05 September 2013 - The Timken Company announced that its board of directors has approved a plan to pursue a separation of the company's steel business from its bearings and power transmission business through a spinoff, creating two publicly traded companies.

Nippon Steel and Baosteel Plan Capacity Expansion at Automotive Sheet JV in China

05 September 2013 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Baoshan Iron & Steel Co., Ltd. (Baosteel) are planning to construct a fourth hot-dip galvanizing line at their Baosteel-NSC Automotive Steel Sheets Co. (BNA) joint venture in China. Start of operations is planned for 2015.

Plain Dealer: ArcelorMittal Cleveland to Invest $55 Million in Blast Furnace

05 September 2013 - The ArcelorMittal steel mill in Cleveland will invest US$55 million in one of its two blast furnaces, according to Mark Granakis, president of Local 979 of the United Steelworkers, the Cleveland Plain Dealer reports.

ThyssenKrupp Steel Europe to Optimize Management Structure

05 September 2013 - The Supervisory Board of ThyssenKrupp Steel Europe AG has decided to realign the company’s management structure in connection with the optimization program “Best-in-Class Reloaded," under which Steel Europe is making a significant contribution to the profitability and strategic development of the Group as a whole.

OMK's Trubodetal Plant Increases Efficiency of Occupational Training

05 September 2013 - The OLYMP:OKS computer training and control system for developing employees’ professional competence is being put into operation in the training center of Trubodetal JSC (Chelyabinsk, a part of United Metallurgical Company, CJSC OMK).

Arch Coal's Mine Rescue Teams Capture Top Spots in Kentucky Safety Competition

05 September 2013 - Arch Coal, Inc. announced that mine rescue teams from two subsidiaries captured top honors at the 2013 Harlan County Safety Days recently held on the campus of the Southeast Kentucky Community & Technical College in Cumberland, Ky. 

Nucor Names Ray Milchovich Lead Director

04 September 2013 - Nucor Corporation announced that its board of directors appointed Raymond J. Milchovich as lead director effective 5 September 2013. Daniel R. DiMicco will continue to serve as executive chairman of Nucor.

EVRAZ Stratcor Names New Marketing Vice President

04 September 2013 - Bradley K. Ewers has been named vice president, marketing for EVRAZ Stratcor, Inc., located in the company’s sales office in Chicago, Ill. In his new position, Mr. Ewers will be responsible for the sales and marketing of EVRAZ Stratcor’s extensive line of specialty vanadium alloys and chemicals.

ThyssenKrupp Steel Europe to Modernize Converter Plant and Waste-Heat Boiler at Duisburg-Bruckhausen

04 September 2013 - ThyssenKrupp Steel Europe is investing € 20 million in one of its core facilities in Duisburg. From 3 August to 17 September 2013 the company will be replacing the first of two converters and parts of the associated waste-heat boiler system at the Bruckhausen oxygen steelmaking plant (Ox 1).

EVRAZ Vitkovice Steel Suspends Operations

04 September 2013 - Due to convertor overhaul, the operations at EVRAZ VÍTKOVICE STEEL were temporarily suspended as of 1 September 2013.

St. Louis Cold Drawn Cited By OSHA After Worker Electrocuted

04 September 2013 - The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited St. Louis Cold Drawn for 26 safety violations after a worker was electrocuted 15 May 2013 when he reached into an energized electrical panel box to retrieve work gloves stored in the box at the company's St. Louis steel bar manufacturing facility.

Severstal North America Announces Appointment of New CEO

03 September 2013 - Severstal, one of the world’s largest steel and mining companies, announced it has appointed Saikat Dey as chief executive officer of its subsidiary Severstal North America. Dey replaces Sergei Kuznetsov, who departed after four years as CEO of the company.

SunCoke Energy Partners Completes Lakeshore Coal Handling Acquisition

03 September 2013 - SunCoke Energy Partners, L.P. (SXCP) completed its acquisition of Lakeshore Coal Handling Corp. on 30 August 2013. SXCP purchased Lakeshore from privately held Beemsterboer Corporation for an all cash price of US$28.6 million.

Reuters: U. S. Steel's Locked-Out Canadian Workers Vote to Accept Contract

03 September 2013 - Workers locked out at U.S. Steel’s Lake Erie works in Canada have voted to accept a contract offer, according to results posted on their union's website late on Friday, Reuters reports.

316 New Apprentices Taken on At ThyssenKrupp Steel Europe

03 September 2013 - The new apprenticeship year at ThyssenKrupp Steel Europe AG has begun. As of 1 September the company has taken on a total of 316 apprentices in 21 different occupations — 270 young men and 46 young women.

Outokumpu Stainless Steel Efficiently Removes SO2 Emissions at Power Plant

03 September 2013 - Outokumpu has delivered austenitic 4565 stainless steel grade and quarto plates to a power plant in Boxberg, Saxony, Germany. The plant is being constructed by Babcock Noell GmbH and its subcontractor Heinz Gothe GmbH & Co. KG.

Paolo Rocca Announces US$225 Million in Investments for Ternium Plant in Guerrero, Mexico

02 September 2013 - Paolo Rocca has announced investments of US$225 million in safety and environmental areas for its Ternium plant in Guerrero, Mexico.

Platts: Russia's Severstal Opts Out of Two Iron Projects to Cut Capex

02 September 2013 - Russian steel and mining group Severstal has withdrawn from further participation in Amapa, its iron ore mining joint venture in northern Brazil with SPG Mineracao, and an iron plant project in North America to cut capital expenditure, chief financial officer Alexei Kulichenko, told a press conference Thursday, Platts reports.

SAIL Bhilai Wins Award for India's Best Integrated Steel Plant for the 11th Time

30 August 2013 - The Bhilai Steel Plant (BSP), a unit of Steel Authority of India Limited (SAIL), has been adjudged the winner of the much coveted Prime Minister’s Trophy for Best Integrated Steel Plant in the country for assessment year 2011–12.

ArcelorMittal FCE Supplies 140,000 Tonnes of Steel for Drink Cans

30 August 2013 - This year, ArcelorMittal Flat Carbon Europe (FCE) will supply an estimated 140,000 tonnes of drawn and wall iron (DWI) steels to beverage can producers across the globe.