Steel News

ThyssenKrupp CEO Pledges New Era at Troubled Steelmaker

11 December 2012 - ThyssenKrupp chief executive Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker after a disastrous overseas foray and corruption allegations led him to axe half his management board, Reuters reports.

Severstal North America Announces New Appointments

11 December 2012 - Severstal North America has appointed a new chief strategy and procurement officer, as well as a new plant manager for Double Eagle Steel Coating Co., effective 15 December.

Production Begins at State-of-the-Art Air Separation Unit at Cherepovets Steel Mill

11 December 2012 - ZAO Air Liquide Severstal, a joint venture between Air Liquide and OAO Severstal, has successfully launched a plant to produce industrial gases for CherMC at Cherepovets Steel Mill, part of Severstal’s Russian Steel Division. The total investment in the project has reached €50 million.

The David J. Joseph Company Announces Organizational Changes

10 December 2012 - The David J. Joseph Company (DJJ) announced that effective 1 January 2013, Craig A. Feldman will become president of DJJ with direct responsibility for all businesses and activities across the Joseph Family of Companies.

Ovako Reducing Its Workforce By More Than 200

10 December 2012 - Ovako will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs in light of the current economic situation.

ThyssenKrupp May Seek Compensation for Steel Americas

10 December 2012 - ThyssenKrupp is considering demanding compensation from its former chief executive and other managers for costly investments in steel plants in Brazil and the United States, Reuters reports.

Third Siemens Continuous Slab Caster Goes Into Operation at Dragon Steel

10 December 2012 - Siemens VAI Metals Technologies put a new two-strand continuous casting plant with the capacity to produce two million tons of slabs into operation in August at the Taiwanese steelmaker Dragon Steel Co.

ThyssenKrupp Stainless USA Fires Up Melt Shop; Calvert Site Now Fully Operational

10 December 2012 - The official startup of ThyssenKrupp Stainless USA's melt shop occurred today on the second anniversary of the Calvert, Ala., production site’s official grand opening in December 2010, fulfilling the site’s capabilities as a fully integrated stainless steel manufacturing facility.

AK Steel Announces Price Increase for Carbon Steel Products

07 December 2012 - AK Steel said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $30 per ton, effective immediately with new orders.

Tata Steel Enhances Quality Control for Bar and Rod

07 December 2012 - Tata Steel has invested almost £1.5 million in new technology to improve the quality of the steel bar and wire rod output at its Rotherham and Scunthorpe works in the UK.

ArcelorMittal Tube Plant in Ostrava Supplies Tubes for Polish Gas Pipeline

07 December 2012 - The Czech Republic's ArcelorMittal Tubular Products Ostrava willl participate in the construction of the backbone network of gas pipelines in Poland with no less than one third of the volume of the supplies of spirally welded tubes.

Voestalpine Stahl Places Order for New Charging Car with SCHALKE

07 December 2012 - In October 2012 voestalpine Stahl AG in Austria placed an order for designing and manufacturing a new charging car with Schalker Eisenhütte.

Siderperu Launches Second Phase of Metal Operators Development Project

07 December 2012 - Siderperu, Gerdau’s operation in Peru, launched the second phase of its Metal Operators Development project in the city of Chimbote. The program is geared toward low-income workers and aims to train professionals for work in the steel industry.

AWMI Announces 2011 Member of the Year

07 December 2012 - The Association of Women in the Metal Industries (AWMI) named Donna Peters of ArcelorMittal USA as its Member of the Year at the AWMI Annual Conference in Denver, Colo., 15-17 November 2012.

JFE to Delay Decision on $3.6 Billion Steel Plant in Vietnam

06 December 2012 - JFE Holdings Inc., Japan’s second- biggest steelmaker, will push back a decision on whether to build a $3.6 billion integrated steel mill in Vietnam, its first outside Japan, as it assesses competitive risks, Bloomberg Businessweek reports.

Uncertainty Reigns but Hope Remains in North American Steel Markets

06 December 2012 - Uncertainty, a slow recovery, and hope from the energy and automotive markets were the unofficial themes of CRU’s 6th North American Steel Conference held in Chicago, Ill., on 29–30 October 2012.

ArcelorMittal Ostrava to Launch Production of a New Type of Steel

06 December 2012 - ArcelorMittal Ostrava is going to produce Arcorox® weathering steel – the steel grade allocated to the ArcelorMittal group. The new grade has a higher content of copper enabling to form a patina layer, which protects the steel against atmospheric corrosion.

Commercial Metals Company Names Joseph Alvarado Chairman

06 December 2012 - Commercial Metals Company announced that Mr. Joseph Alvarado, its CEO and president, will also become the chairman of the board, effective 1 January 2013.

Gerdau Invests in a New Water Treatment Plant in Spain

06 December 2012 - Gerdau’s plant in Reinosa, Spain, invested €700,000 in a new treatment plant of the water used in the steel manufacturing process.

ThyssenKrupp AG Announces Personnel Changes on Its Executive Board

06 December 2012 - The personnel committee of the supervisory board, in close cooperation with Dr. Heinrich Hiesinger, CEO of ThyssenKrupp AG, have agreed to propose to the supervisory board in its meeting on 10 December 2012 to release the executive board members Dr. Olaf Berlien (50), Dr. Jürgen Claassen (54) and Edwin Eichler (54) from their functions effective 31 December 2012.