Steel News

BlueScope Steel Provides Earnings Result and Outlook

18 February 2013 - BlueScope announced a A$12 million net loss after tax for the first half FY2013 — a $518 million turnaround in financial performance compared to the first half in FY2012.

EGI Announces 2012-2013 US$15,000 Metallurgy Scholarship Winner

15 February 2013 - The Ellwood Group Inc. announced that Stephen Rooney of Montclair, N.J., is the winner of the sixth annual Ellwood Group, Inc. Metallurgy Scholarship.

BlueScope Steel Announces Retirement of Non-Executive Director

15 February 2013 - BlueScope Steel Limited announced that non-executive director, Ms. Diane Grady, has retired from the Board.

PSI China Wins Important Steel Contract from Chinese Steelmaker

15 February 2013 - PSI China received an order for the implementation of the production management system PSImetals at JISCO TianFeng Stainless Company.

Outokumpu Reports Negative Operating Results in Weak Market Environment

15 February 2013 - Outokumpu reported weak operational results for 2012 and says the 2013 starting point for the new Outokumpu is more challenging than anticipated due to continued weakness in the markets for stainless steel in Europe and globally.

New Metal Engineering to Provide Equipment for California Steel Industries

15 February 2013 - New Metal Engineering, LLC, has received an order for a new heavy crop shear from California Steel Industries, Inc.

Ovako Provides 2012 Year-End Report

14 February 2013 - European engineering steelmaker Ovako said business conditions deteriorated progressively throughout 2012 as a consequence of the macroeconomic turbulence, resulting in order intake and invoicing levels significantly lower in the second half of the year than in the first.

ArcelorMittal Florange Launches Line to Produce Extra-Wide Usibor® for the Auto Industry

14 February 2013 - Investments of more than €7 million in ArcelorMittal Florange mean that the site’s cold rolling mill now owns the first processing line in the world to produce Usibor® Alusi steel in widths of up to 1,850mm.

Outokumpu Changes Its Reporting Segments

14 February 2013 - In December 2012, Outokumpu completed the Inoxum transaction and implemented a new company structure with four business areas that provide the full range of stainless steel as well as high performance alloys.

Essar Steel Algoma Announces Quarterly Results

14 February 2013 - Despite lackluster steel markets, Essar Steel Algoma said its commitment to safety and the continued realization of cost reduction strategies combined to generate improved operating results for the quarter ended 31 December 2012.

Warren Steel Holdings Announces Facility Upgrades and Additions

14 February 2013 - Warren Steel Holdings (WSH), a producer and supplier of high-quality continuously cast carbon and alloy steel products, announced that it has successfully renovated its existing rail siding and introduced several key new pieces of analytical equipment, including a scanning electron microscope.

NanoSteel Names New Vice President and General Manager of Powder Metallurgy

13 February 2013 - The NanoSteel® Company, a leader in nano-structured steel materials design, announced that Harald Lemke has joined the company as vice president and general manager of powder metallurgy.

Severstal Expresses Condolences to Families of Vorkutinskaya Mine Accident Victims

13 February 2013 - The management of OAO Severstal and Vorkutaugol are expressing their deepest condolences to the families and friends of the miners who were tragically killed in an accident at the Vorkutinskaya mine in Russia on Monday, 11 February 2013.

Tata Steel Reports Steady Operations Despite Weak Demand

13 February 2013 - Tata Steel reported its results for the nine months and third quarter ended 31 December 2012, noting the Indian and European operations performed steadily despite overall weak steel demand.

Voestalpine Rotec to Invest US$1.4 Million in New Line

13 February 2013 - Lafayette, Ind., manufacturer Voestalpine Rotec, which makes precision steel tubes and other products for the automobile industry, is investing in a new product line, a local newspaper reports.

Ruukki Reports A Signficant Decrease in Emissions at Its Raahe Works

13 February 2013 - Process changes and the replacement of dust removal devices significantly reduced particulate emissions in 2012 at Ruukki’s Raahe Works in Finland, in line with company targets to reduce emissions by over 80% compared to 2011.

ThyssenKrupp Profit Falls as Slowdown Cuts Demand

12 February 2013 - ThyssenKrupp AG, Germany’s biggest steelmaker, said profit slumped 38 percent in the fiscal first quarter as the global economic slowdown eroded demand, Bloomberg reports.

ArcelorMittal Ostrava Reducing Lime Dust Emissions By 100 Tons Per Year

12 February 2013 - ArcelorMittal Ostrava has invested in reducing dust emissions and the improvement of working conditions at its steel plant, completing the installation of equipment for the dedusting of lime routes.

Tata Steel Restarts Port Talbot Blast Furnace

12 February 2013 - Tata Steel has restarted its second blast furnace at the Port Talbot steelworks in the UK following the completion of a £185 million rebuilding project.

MST - Seamless Tube & Pipe Completes Pickle House Expansion

11 February 2013 - MST - Seamless Tube & Pipe (MST), a leading manufacturer of high-quality carbon and alloy seamless cold-drawn pipe and tube, announced that it has completed construction of a new 9,600 square foot pickle house, the fifth such structure at MST’s 320,000 square foot facility.