Steel News

Universal Stainless Expects Gradual Recovery of Meaningful Market Demand

26 April 2013 - Universal Stainless & Alloy Products, Inc. announced that, based on preliminary results, it expects sales for the first quarter of 2013 to approximate US$49 million and for operating income and net income to be at the break-even level.

General Steel Appoints Industry Veteran as Vice President of Strategy & Operations

26 April 2013 - General Steel Holdings, Inc., a non-state-owned steel producer in China, announced the appointment of Mr. Yanqi Liu, a senior executive with over 45 years of extensive experience in the steel industry, as the company's vice president of strategy and operations.

Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business

25 April 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.

Sutor Wins Two Bids for Water Transmission Pipeline Projects

25 April 2013 - Sutor Technology Group's subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. has won two contracts to supply approximately 4,700 tonnes of spiral seam steel pipes for two water transmission pipeline projects in Fujian Province.

Reuters: Union Says U. S. Steel Gives Notice of Lockout at Lake Erie

25 April 2013 - U.S. Steel Corp has given workers at its Lake Erie facility in Canada notice of a lockout to start on Sunday, 28 April 2013 at 9 a.m. EDT/1300 GMT, according to a letter posted on a union website, Reuters reports.

ArcelorMittal Hosts 7th Global Health and Safety Day

25 April 2013 - ArcelorMittal, the world's largest steel and mining company, hosted on 25 April 2013 its seventh annual Health and Safety Day at its sites globally.

Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions

25 April 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.

Universal Stainless Signs Five-Year Contract With Rolls-Royce

25 April 2013 - Universal Stainless & Alloy Products, Inc. has signed a five-year contract with Rolls-Royce for the supply of specialty steel products.

Outotec, Severstal Join Initiative to Establish Industrial Waters Center in Russia

25 April 2013 - Outotec is collaborating with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in establishing the Industrial Waters Excellency Center (IWEC) with its main training venue at Severstal's mill in Cherepovets to address issues related to industrial water consumption in Russia.

Canadian Agency Launches Trade Investigation into Silicon Metal from China

24 April 2013 - The Canadian International Trade Tribunal today initiated a preliminary injury inquiry into a complaint by Québec Silicon Limited Partnership that it has suffered injury as a result of the dumping and subsidizing of silicon metal from the People's Republic of China.

Northwest Indiana Times: Burns Harbor Mill Hit by Safety Dispute

24 April 2013 - A dispute over safety at ArcelorMittal's Burns Harbor mill has slowed production there, with some union workers refusing to work under what they claim are unsafe conditions, the Northwest Indiana Times reports.

Quad Infotech to Provide Nucor Steel Texas with Energy Management Solutions

24 April 2013 - Quad Infotech has been awarded an order by Nucor Steel Texas to provide a comprehensive energy management solution through its Energy Methods™ suite of products.

ArcelorMittal Inaugurates New Middle East Hub

24 April 2013 - An inauguration ceremony for ArcelorMittal Distribution Solutions’ Middle East headquarters in Dubai’s Jebel Ali Free Zone was held on 22 April 2013.

Sandvik High-Temperature Tube Grade Sanicro™ 25 Achieves ASME Boiler & Pressure Vessel Code Approval

24 April 2013 - Developed for advanced ultra-supercritical steam boiler applications in highly efficient next generation power plants, Sanicro™ 25 (UNS S31035) tube grade from Sandvik has now achieved ASME Boiler and Pressure Vessel Code (BPVC) approval.

Steelworkers Oppose Shareholder-Proposed Timken Split

23 April 2013 - The United Steelworkers (USW) said that the union supports Timken Co. management's opposition to a shareholder proposal that calls for splitting the company into distinct bearing and steel divisions.

ThyssenKrupp Electrical Steel Plans to Sell Grain-Oriented Electrical Steel Business

23 April 2013 - ThyssenKrupp Electrical Steel announced it will integrate its non-oriented electrical steel product area into ThyssenKrupp Steel Europe effective 30 April 2013 and plans to sell off its grain-oriented electrical steel business.

AK Steel Posts Net Loss in First Quarter 2013

23 April 2013 - AK Steel noted it will have a seven-day maintenance outage at its Middletown blast furnace in the second quarter at a cost of US$21 million as it reported its first quarter 2013 earnings results.

Michigan Seamless Tube Announces $25 Million Capital Improvement Project

23 April 2013 - MST - Seamless Tube & Pipe's parent company Optima Specialty Steel has committed US$25 million in capital to expand MST’s operations and increase production capacity.

Ruukki Opens New Sales Offices in Canada and Chile

23 April 2013 - In line with its strategy to increase its share of special steel products and develop its distribution and partnership networks, Ruukki has opened new sales offices in Toronto, Canada, and Santiago, Chile, to serve its special steel customers in the Americas.

ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013

23 April 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.