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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Severstal North America Appoints General Manager, Metallics Purchasing
26 December 2012 - Severstal North America has appointed Mr. Sachin Shivaram, general manager, metallics purchasing, reporting to Mr. Saikat Dey, chief strategy and procurement officer.
Mechel Reports Halting Production at Southern Urals Nickel Plant
25 December 2012 - Mechel OAO, a leading Russian mining and metals company, reports halting production at Southern Urals Nickel Plant OAO due to negative trends in the global nickel market and unfavorable forecasts for its recovery in the foreseeable future.
Severstal Announces Closing of the Transaction with Afferro Mining
25 December 2012 - OAO Severstal announced that the transaction between its indirect subsidiary Lybica Holding B.V. and Mano River Iron Ore Holdings Limited, a wholly owned subsidiary of Afferro Mining Inc., on purchasing a 38.5% minority interest in Severstal Liberia Iron Ore has been closed.
SP Bars from Ovako Deliver Increased Added Value for Component Producers
25 December 2012 - Utilizing advanced hot rolling technology across its steel grades Ovako can supply Special Properties (SP) bars that deliver increased added value and significant cost savings when used in subsequent manufacturing operations.
Carpenter Powder Products Raises Prices
24 December 2012 - Carpenter Powder Products announced that it will increase base prices by 7% on all bar, plate, and finished Micro-Melt® (PM) tool steel products.
ALJ Regional Stockholders Approve Sale of KES Acquisition to Optima Specialty
21 December 2012 - ALJ Regional Holdings Inc. announced today that its stockholders approved the sale of KES Acquisition Company, ALJ's majority-owned subsidiary and parent company of Kentucky Electric Steel, to Optima Specialty Steel, Inc. for $112.5 million in cash.
Evraz Vitkovice Steel Plant Restart Slated for After the New Year
21 December 2012 - The re-start of the temporarily closed steel plant of EVRAZ VÍTKOVICE STEEL, a.s. has been set for 3 January 2013, provided that particular circumstances such as adverse weather conditions do not prevent it, the company announced.
ArcelorMittal to Record Non-Cash Impairment Charge in Q4 2012
21 December 2012 - ArcelorMittal announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn.
NLMK DanSteel A/S Completes Rolling Mill Revamp
21 December 2012 - NLMK DanSteel A/S, a Danish rolling mill of NLMK Europe Plates, has started production at a new 4.2 m heavy plate stand, adding new products to the company’s portfolio.
voestalpine Group Outlines Group Strategy Through 2020
20 December 2012 - The exchange-listed voestalpine Group has set ambitious goals up to the year 2020: With a clear focus on the customer segments Mobility and Energy and on non-European growth markets, and with profitability remaining at virtually at the same level compared to the last few years, sales are projected to soar from the most recent € 12.1 billion to approximately € 20 billion.
EMPCO Commissions Two Newly Developed EAF Probes at Hyundai Steel
19 December 2012 - KOREA EMPCO (CANADA) LTD has successfully commissioned two fully mechanized, remotely controlled probe apparatus, named wSCORPIO™, at Hyundai Steel in Korea.
Italy Lower House Approves Plan to Save Ilva Plant
19 December 2012 - Italy's lower house of parliament on Wednesday approved legislation to keep the troubled ILVA steel plant going during a two-year clean-up to resolve environmental concerns.
Mechel Announces Management Changes at Izhstal OAO
19 December 2012 - Mechel OAO, a leading Russian mining and metals company, announced the appointment of a new managing director of Izhstal OAO (Izhstal), part of the Mechel Group.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility
19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility
19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.
Nucor Announces Guidance for Fourth Quarter Earnings
18 December 2012 - Nucor said lower steel mill margins are impacting its bar and plate mills, reflecting the cumulative impact of high import levels and general economic uncertainty, while sheet mill margins are improved in the fourth quarter.
Steel Dynamics Inc. Provides Fourth Quarter 2012 Earnings Guidance
18 December 2012 - Steel Dyanamics Inc. expects fourth quarter overall steel shipments to be fairly flat in comparison to the third quarter, as increases in sheet volume are expected to be somewhat offset by decreased bar shipments as customers continue to maintain tight control over inventory.
Two Baosteel Workers Die in Accident
18 December 2012 - Two workers died and another 13 were injured Monday after a 270-ton ladle of molten metal tipped over at a Shanghai Baosteel Group Corp plant in Baoshan district, GlobalTimes.cn reported.
ArcelorMittal Commissions US$63.2 Million Energy Recovery and Reuse Project
18 December 2012 - ArcelorMittal has commissioned its US$63.2 million energy recovery and reuse project, which produces 333,000 MWh of electricity per year, providing significant energy and environmental benefits to ArcelorMittal and the Northwest Indiana region.
Timken Responds to OSHA Fines
17 December 2012 - Timken Co. says its Canton steel plant has “a favorable safety record” and the company is working quickly to correct issues, the Akron Beacon Journal reports.
