Steel News

MMFX Steel Continues Growth of Regional Support

29 July 2013 - MMFX Steel Corp. of America continues to expand regional support for its uncoated corrosion-resistant and high-strength reinforcing steel products with the addition of Jack Schimpf as a new regional sales manager.

Tata Steel Introduces New Bar Sizes to Help North American Customers

29 July 2013 - Listening to U.S. customer feedback has led to Tata Steel’s European operations reconfiguring some of its assets in the South Yorkshire area of the UK so as to better serve the vital North American market.

Siemens Designs Sinter Plant for Ukrainian Steel Producer EMZ

29 July 2013 - Siemens Metals Technologies has received an order from the Metinvest Group to carry out detailed engineering work on a new sinter plant for PJSC Yenakiieve Iron and Steel Works (EMZ), a Ukrainian steel producer.

Cliffs Natural Resources Expects Demand to Remain Stable

29 July 2013 - Cliffs Natural Resources Inc. reported second quarter results, noting that it anticipates modest growth in the U.S. economy for the remainder of the year, which is expected to support stable North American steelmaking utilization rates.

Alton Steel President: Sale 'Right Thing To Do' For Company

26 July 2013 - The potential sale of Alton Steel is good news for the steel mill and its employees, the company's president said, the Belleville News-Democrat reports.

ArcelorMittal Automotive Joint Venture VAMA Unveils Brand in China

26 July 2013 - Valin ArcelorMittal Automotive Steel Co., Ltd. (VAMA), the joint venture between ArcelorMittal and Valin Steel, has officially unveiled its brand in Loudi, China.

Grupo Simec Reports Results of Operations for First Half of 2013

26 July 2013 - Grupo Simec reported 22% lower net sales and 11% lower shipments of finished steel products in the first half of 2013 compared to the year prior.

Outokumpu Reports Second Quarter 2013 Results and Outlook

26 July 2013 - Outokumpu said it has made good progress on synergies, cost saving and ferrochrome, but these were offset by weak market and disappointing progress in the Americas region as it reported its second quarter 2013 results.

Ukranian President Awards Metinvest Employees

26 July 2013 - Viktor Yanukovych, the president of Ukraine, gave Metinvest CEO Igor Syry and Northern Iron Ore Enrichment Works general director Andrey Levitsky each the honorary title of “Honored Employee of Ukrainian Industry.”

Nucor Employee Receives ASTM International Boedecker Award for Contribution to Iron and Steel Standards

25 July 2013 - Daniel Edelman, UCS development metallurgist at Nucor Corp., Crawfordsville, Ind., has received the Kenneth J. Boedecker Jr. Distinguished Service Award for his exemplary contributions to ASTM International Committee A05 on Metallic-Coated Iron and Steel Products.

Timken Continues to Generate Strong Operating Margins Across All Segments

25 July 2013 - As it reported its second quarter earnings results, the Timken Company adjusted its full-year outlook to reflect a slower economic recovery now expected in the second half of 2013.

Explosion Rocks ATI Plant; No One Injured

25 July 2013 - No one was reported injured Wednesday night in an explosion at the ATI Allegheny Ludlum plant along Route 981 in Derry Township, a company spokesman said, the Pittsburgh Tribune Review reported.

AK Steel Announces Price Increase for Carbon Steel Products

25 July 2013 - AK Steel has increased current spot market base prices for all carbon flat-rolled steel products by a minimum of US$25 per ton.

Tung Ho Steel Orders New Induction System from SMS Elotherm

25 July 2013 - Tung Ho Steel has ordered a new induction system from SMS Elotherm for its production plant for medium and large sections in Miaoli, Taiwan.

SunCoke Energy Reports Second Quarter 2013 Results

25 July 2013 - As it reported its quarterly earnings results, SunCoke Energy, Inc. said its coal business continues to be a challenge while its domestic coke business continues to deliver solid results.

Q&A with POSCO's Joon Yang Chung, AIST 2013 Steelmaker of the Year

24 July 2013 - Joon Yang Chung, chairman and chief executive officer of POSCO, was named AIST 2013 Steelmaker of the Year. He recently spoke with Iron & Steel Technology about his extensive career and the company’s path for the future.

Outokumpu Appoints New Chief Financial Officer

24 July 2013 - Outokumpu is appointing Reinhard Florey as executive vice president and chief financial officer as of 1 November 2013.

Allegheny Technologies Announces Second Quarter 2013 Results

24 July 2013 - As it reported its quarterly earnings results, Allegheny Technologies Inc. said weak economic growth in the U.S., negative growth in the Eurozone, and slower growth in China, India and other developing economies continued to negatively impact demand and create pricing pressure for its products from the chemical process industry, electrical energy, and construction and mining equipment markets.

ArcelorMittal Zenica Makes Major Environmental Upgrades

24 July 2013 - ArcelorMittal Zenica, Bosnia and Herzegovina, has made good progress in the implementation of a number of large environmental projects, with a total investment of more than US$14.5m.

voestalpine Responds to German Cartel Office's Rail Cartel Announcement

24 July 2013 - The result of investigations related to deliveries of rail tracks and rail equipment to Deutsche Bahn – which impacted several companies – is that voestalpine was fined € 6.4 million for these deliveries. For voestalpine, this means that the German Cartel Office proceedings in the cartel case are fully and finally settled.