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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
Praxair India Expands Supply to JSW Steel
22 January 2013 - Praxair India Private Ltd. has signed a long-term contract with its existing customer, JSW Steel Ltd.: Praxair will expand the supply of gaseous oxygen, nitrogen and argon to JSW’s steel mill located in Tornagallu, Bellary, in the state of Karnataka.
AK Steel Announces Price Increase for Carbon Steel Products
21 January 2013 - AK Steel said on 21 January 2013 that it will increase current spot market base prices for all carbon flat-rolled steel products by $40 per ton, effective immediately with new orders.
Ellwood Group Successfully Commissions New VOD Unit
21 January 2013 - Ellwood National Steel in Irvine, Pa., announced the commissioning of its vacuum oxygen decarburization (VOD) unit for the production of stainless steel ingots for forging, ring rolling and as electrodes for VAR and ESR remelting.
Stahlschmidt Inc. and Bouchard Group Announce Acquisition of Esmark Technologies
21 January 2013 - Stahlschmidt Inc. and Bouchard Group, L.L.C. have jointly acquired Esmark Technologies from Esmark Inc. for an undisclosed sum. The venture will be operated as a vertically integrated industrial services company and will continue to operate under the Esmark Technologies brand.
Emergency Meeting Ends Strike at Italy's Troubled Ilva Plant
21 January 2013 - Italian metal workers called off a strike at Europe's biggest steel plant on Saturday, 19 January 2013 after an emergency meeting between government, unions and company management to save the ILVA factory from closure, Reuters reports.
Lakshmi Mittal Awarded Honorary Doctorate from Krakow University
21 January 2013 - Lakshmi N. Mittal, chairman and CEO of the ArcelorMittal group was awarded with an honorary doctorate from the Academic Senate of the AGH University of Science and Technology in Krakow, Poland.
Severstal NA Welcomes North American International Auto Show to Detroit
21 January 2013 - Severstal North America welcomeed the 2013 North American International Auto Show to Detroit with an expanding line of advanced high-strength steel products.
ALJ Announces Anticipated Closing Date of Merger
21 January 2013 - ALJ Regional Holdings, Inc. (ALJ) announced that based on conversations with Optima Specialty Steel, Inc. regarding its efforts to secure sufficient financing to complete the acquisition of ALJ’s majority-owned subsidiary, KES Acquisition Co., ALJ believes that the closing of the merger is likely to occur on Monday, 28 January 2013.
Praxair Starts Up New Air Separation Plant in India
18 January 2013 - Praxair India Private Limited announced the start-up of its third production facility to supply Usha Martin Limited, India's leading wire and wire rope manufacturer.
Brazil Probe Seeks to Shut Down ThyssenKrupp CSA Blast Furnace
18 January 2013 - Brazilian prosecutors are seeking to shut down one of two blast furnaces at ThyssenKrupp AG's CSA unit over alleged irregularities, presenting a new challenge for the German steelmaker as it tries to sell the money-losing mill, Reuters reports.
Universal Stainless Reports Preliminary Q4 Results
18 January 2013 - Universal Stainless & Alloy Products, Inc. said its fourth quarter results will be lower than expected as activity levels were down across most of its end markets.
Lighter-Weight Steel Use Touted at Auto Show
18 January 2013 - The benefits of lighter-weight, high-strength steel are on full display at the 2013 North American International Auto Show, the Detroit Free Press reports.
Italy's Riva Steel Billionaires May Close Largest Factory
18 January 2013 - One of Europe’s richest families is facing potential ruin after being accused of pumping cancer- inducing toxins into the air and having almost US$2 billion in assets seized by an Italian judge, Bloomberg reports.
NLMK Announces Change in its Management Team
18 January 2013 - NLMK announced that Galina Aglyamova stepped down as NLMK Group vice president of finance starting from 28 December 2012, to take on a new career challenge; she will be succeeded in this position by Grigory Fedorishin, formerly director of strategy and business development of the company.
Tubinoxia Becomes Majority Stakeholder in Tubular Joint Venture with Outokumpu
18 January 2013 - Outokumpu’s partner in the OSTP tubular joint venture, Tubinoxia S.r.l. has exercised its call option and acquired additional 15% of the joint venture’s shares from Outokumpu.
Severstal North America Partners with Mississippi State University to Create Steel Research Center
17 January 2013 - Severstal North America has partnered with Mississippi State University (MSU) to create a Steel Research Center.
Severstal North America Partners with Mississippi State University to Create Steel Research Center
17 January 2013 - Severstal North America has partnered with Mississippi State University (MSU) to create a Steel Research Center.
Hyundai Steel Orders New Vacuum Degassing Installation from MTAG Technology AG
17 January 2013 - MTAG Technology, headquartered in Emmenbrücke, Switzerland, has been contracted by Hyundai Steel to design and supply a 70-ton turnkey vacuum degassing system for its Incheon Works in South Korea.
Insteel Industries Encouraged by Ongoing Recovery in U.S. Housing Market
17 January 2013 - As it reported its earnings for its fiscal first quarted ended 31 December 2012, Insteel Industries said market conditions were stronger than anticipated during what is typically its weakest period of the year due to the seasonal downturn in construction activity, but its outlook for the remainder of the year remains cautious.
EVRAZ Completes Acquisition of Indirect Controlling Interest in OJSC Rapadskaya
16 January 2013 - EVRAZ announced that it has completed the acquisition of a further 50% interest in Corber Enterprises Limited, which holds an 82% interest in OJSC Raspadskaya and its subsidiaries.
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