Steel News

Bloomberg: Serbia Restarts Loss-Making Steel Plant After Nine Months

22 April 2013 - Zelezara Smederevo, Serbia’s sole steel mill, fired up one of its two furnaces today, restarting production after more than nine months as the government looks for an investor in the unprofitable plant, Bloomberg reports.

Steel Dynamics Posts Solid Results in Difficult Market Environment in 1Q13

22 April 2013 - As it reported its first quarter earnings results, Steel Dynamics Inc. said the quarter was challenging from a market perspective, as customer confidence and buying patterns continued to be impacted by global economic uncertainty,

ArcelorMittal Usibor®-AS Patent Case to be Reviewed in District Court

22 April 2013 - In defense of its patent rights, ArcelorMittal filed complaints before the District Court of Delaware on 16 April 2013 to demonstrate that AK Steel, Severstal North America (SNA) and SNA’s coating partner, Wheeling-Nisshin, have infringed upon its Usibor® aluminum silicon coated products patent.

AK Steel Applauds U.S. DOE Transformer Efficiency Ruling

22 April 2013 - AK Steel applauded the U.S. Department of Energy’s (DOE) final ruling on efficiency standards for electrical distribution transformers, which it says ensures that transformers in America will remain among the most energy-efficient in the world, and that high-tech electrical steels will continue to be a competitive material in the marketplace.

Timken Awards Scholarships Worth Nearly $800,000 to Students at 24 Locations Worldwide

19 April 2013 - The Timken Company has awarded scholarships to 38 children of Timken employees at 24 locations in six countries around the world.

KOCKS to Supply the Largest Integrated Steel Mill in ASEAN with 3-Roll Reducing & Sizing Block

19 April 2013 - The Taiwanese Formosa Plastics Group has contracted German company FRIEDRICH KOCKS GmbH & Co KG to supply a 3-roll reducing and sizing block in heavy duty design (RSB) for their Vietnam-based subsidiary Formosa Ha Tinh Steel Corp.

Severstal North America Named Dearborn Business of the Year

19 April 2013 - Severstal North America has been named “Business of the Year” by the Dearborn Area Chamber of Commerce.

Optima Specialty Steel Names Chief Administrative Officer

18 April 2013 - Optima Specialty Steel announced that it has appointed David A. Pryzbylski as chief administrative officer, effective 15 April 2013.

Ternium Awarded Climate Action Member Certificate for Fifth Consecutive Year

18 April 2013 - On 9 April 2013, Ternium received the Climate Action award for the fifth consecutive year, an award given by the World Steel Association based on the data provided by member countries on their CO2 emissions.

Essar Steel Algoma to Receive Liquidity Support from Parent Companies

18 April 2013 - Essar Steel Algoma Inc. announced that its parent companies will, in the aggregate, provide US$50 million of credit support to reinforce the company's liquidity position.

Praxair Starts Up First Air Separation Unit in Bahrain

17 April 2013 - Praxair Bahrain announced the start-up of its first air separation plant in the Kingdom of Bahrain, to supply the United Steel Company with oxygen, nitrogen and argon.

Mike Engestrom Receives AISC Lifetime Achievement Award

17 April 2013 - The Steel Market Development Institute (SMDI) congratulates Michael F. Engestrom, technical marketing director, Nucor-Yamato Steel, who is being presented with the prestigious Lifetime Achievement Award from the American Institute of Steel Construction.

NLMK Chairman Discusses Situation in Global Metals and Mining Sectors

17 April 2013 - Vladimir Lisin, NLMK Group’s chairman of the board of directors, recently shared his views on the current economic outlook and business development opportunities with investors from Russia, Europe and the U.S., discussing the situation in the metals and mining and transport sectors, and the strategic development of NLMK over the next few years.

Woodings Delivers Service and Speed to Help Customer Get Back On-Line

17 April 2013 - Woodings recently helped a Michigan steelmaker with emergency repair work to recondition 8 valves and get the equipment back on line in less than 10 days.

Quad Infotech to Supply MES System to Nucor Steel Utah

17 April 2013 - Quad Infotech has been awarded an order by Nucor Steel to provide a comprehensive manufacturing execution system (MES) for its two rolling mills in Utah.

New Gimbal Controller from Siemens to Improve Charging in Corex Plant in South Africa

17 April 2013 - Siemens Metals Technologies has received an order from ArcelorMittal South Africa – Saldanha Works, to modernize the controllers of the two Gimbal charging systems in a Corex plant of the company.

Bloomberg: Automakers Spur $3 Billion Boom for Made-in-Mexico Steel

17 April 2013 - Mexico’s auto production has almost doubled since 2009. Now its steel industry is trying to catch up by spending almost US$3 billion on new and improved factories, Bloomberg reports.

February U.S. Steel Shipments Drop 9.4% M-o-M and 11.5% Y-o-Y

17 April 2013 - The American Iron and Steel Institute (AISI) reported that for the month of February 2013, U.S. steel mills shipped 7,436,388 tons, a 9.4% decrease from the 8,210,726 tons shipped in the previous month and a 11.5% decrease from the 8,407,343 tons shipped in February 2012. 

ArcelorMittal to Upgrade Portion of Cleveland Plant as More High-Strength Steel is Planned

16 April 2013 - This summer, ArcelorMittal plans to upgrade the shears, the rollers and other parts of the finishing line in its Cleveland plant so it will be able to deliver the new steel types to customers, the Cleveland Plain Dealer reports.

ArcelorMittal Steel Adding Sparkle to the Paris Skyline

16 April 2013 - ArcelorMittal is supplying 4,200 tonnes of steel for the D2 Tower, the first steel-framed tower in Paris’ business district of La Défense, and one of the first steel-framed skyscrapers in France.