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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
Outokumpu Oyj Concludes Statutory Negotiations with General Stainless
10 September 2012 - Statutory negotiations concerning white-collar employees in General Stainless started in June 2012 have now concluded, Outokumpu announced. Negotiations were started after Outokumpu announced plans to improve the efficiency of its operations to reach sustainable profitability.
Outokumpu Duplex Specialty Stainless Breakthrough in the Chinese Water Heater Market
10 September 2012 - Outokumpu introduces duplex stainless steel to domestic water heaters in China producing the first-ever duplex water heater tank in cooperation with a local fabricator Phinx. Duplex stainless steel means that less material is required while superior corrosion resistance is maintained in the application.
Allegheny Technologies Elects New Director
10 September 2012 - Allegheny Technologies Incorporated announced that Carolyn Corvi has been elected to the ATI Board of Directors. Her election increases the number of directors to eleven.
Carpenter Announces Departure of Senior VP & CFO
10 September 2012 - Carpenter Technology announced that K. Douglas Ralph, 52, Carpenter’s Senior Vice President and Chief Financial Officer since July 2007, will leave the company at the end of August 2013.
USW Announces Tentative Agreement with ArcelorMittal
10 September 2012 - The United Steelworkers (USW) on 8 September 2012 said that the union has reached tentative agreement on a new, three year contract with ArcelorMittal USA on behalf of nearly 14,000 workers at 15 of the company’s U.S. locations.
ThyssenKrupp Steel Europe Announces Personnel Changes
10 September 2012 - The Supervisory Board of ThyssenKrupp Steel Europe AG has appointed two new members to its Executive Board, replacing two members who are stepping down.
ArcelorMittal Poland Announces Four New Investment Projects
10 September 2012 - ArcelorMittal Poland has invested €58m in four projects, including a major new production line for Dąbrowa Górnicza.
POSCO Hosts 2nd Annual Steel Design Festa Contest
07 September 2012 - To widen understanding and interest in steel and find new ideas utilizing steel materials, POSCO hosted the 2nd Annual POSCO Steel Design Festa contest with an award ceremony held at the POSCO Center on 28 August.
ArcelorMittal Liberia Signs Collective Bargaining Agreement with Workers’ Union
07 September 2012 - On 31 August 2012, ArcelorMittal Liberia and the United Workers’ Union of Liberia (UWUL-Local #4, ArcelorMittal Workers) signed the company’s first Collective Bargaining Agreement (CBA), aimed at establishing a formal structure for regulating all aspects of the company and its employees’ relationship.
POSCO Selected as One of "Best Places to Work" for 3rd Consecutive Year
07 September 2012 - POSCO ranked 2nd in the manufacturing sector and 1st in the steel industry sector in the "30 Best Places to Work in Korea" rankings selected by KMAC.
Court Blocks Deliveries to Italian Steel Plant
06 September 2012 - An Italian court has blocked raw material deliveries to Europe’s biggest steel plant, an investigative source said on Thursday 6 September, according to Reuters, escalating a spat between the government and judges over the future of one of southern Italy’s largest industrial employers.
China Issues New Regulations for Steel Industry
06 September 2012 - On 3 September, China’s Ministry of Industry and Information Technology (MIIT) announced a series of new regulations to fine-tune the domestic iron and steel industry to make it more energy efficient and environmentally friendly.
WISCO Develops Corrosion-Resistant Steel Plate for Oil Tankers
06 September 2012 - Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) announced it has successfully produced corrosion-resistant steel plate for application in oil storage tanks aboard oil tankers.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for North Jackson
06 September 2012 - Universal Stainless & Alloy Products' North Jackson, Ohio, facility recently completed the Nadcap audit, successfully meeting all requirements for checklists AC7101/1 Rev E, the general requirement for all Nadcap accredited laboratories, and AC7101/2 Rev C for chemical testing.
Aerospace Market Continues Testing New Landing Gear Application Using CUSTOM 465® Stainless Steel
06 September 2012 - Carpenter Technology Corporation is participating in a multi-year program to qualify CUSTOM 465® stainless steel for landing gear components where ultra-high strength steel is used.
Aerospace Market Continues Testing New Landing Gear Application Using CUSTOM 465® Stainless Steel
06 September 2012 - Carpenter Technology Corporation is participating in a multi-year program to qualify CUSTOM 465® stainless steel for landing gear components where ultra-high strength steel is used.
Tianjin Materials Orders 60,000 Tonnes of HBI from Canada
05 September 2012 - Northern Iron Corp. announced receipt of an order from Tianjin Materials & Equipment Group Corporation of China for 60,000 tonnes of hot briquetted iron (HBI) to be delivered in 2016.
SSAB Announces 2012 Swedish Steel Prize Finalists
05 September 2012 - The winner of the 2012 Swedish Steel Prize will be announced on 15 November; four finalists have been chosen for their innovations for the packaging and transportation of metallic scrap, light and sustainable train seats, a truck suspension system, and a timber transportation vehicle called forwarder.
Severstal Reports Financial Results and Outlook
04 September 2012 - OAO Severstal announced its second quarter and first half 2012 financial results, as well as its outlook for the remainder of the year.
Severstal Seeks to Expand U.S. Sales to BMW, Nissan by 2016
04 September 2012 - OAO Severstal plans to expand the share of its U.S. unit’s sales to automakers such as Nissan Motor Co. to as much as 42% by 2016 to benefit from an industry revival, Bloomberg Businessweek reports.
