Steel News

Jindal Begins Commercial Production at New Indian Plate Mill

28 August 2012 - Jindal Steel & Power Ltd (JSPL) proudly announced the commercial production of India’s widest 5.0-meter-wide plate mill in Angul, Odisha, India - part of the first phase of the 6.0 million tonnes per annum integrated steel plant there.

ThyssenKrupp Seeks $8.8 Billion for U.S., Brazil Mills: Report

28 August 2012 - German steelmaker ThyssenKrupp plans to sell its U.S. and Brazilian mills separately for at least the book value, which is about 7 billion euros ($8.8 billion), its chief executive has told German newspaper Welt am Sonntag.

RÜTGERS SEVERTAR to Complete Phase 1 Construction Work in December 2012

28 August 2012 - RÜTGERS SEVERTAR LLC will complete by December 2012 phase 1 of production facilities for the processing of coal tar based on coke production to supply premium quality chemical raw materials to international markets.

Emirates Steel Appoints First UAE National as CEO

28 August 2012 - Emirates Steel’s Board of Directors agreed to appoint engineer Saeed Ghumran Al Romaithi as the company's new Chief Executive Officer.

Schnitzer Provides Market Outlook and Announces Significant Cost Reductions

28 August 2012 - Schnitzer Steel Industries, Inc. announced its market outlook for its fourth quarter of fiscal 2012 as well as initiatives it expects will extract greater synergies from recent acquisitions and technology investments.

ThyssenKrupp Steel USA to Temporarily Shut Down Production Due to Tropical Storm

27 August 2012 - ThyssenKrupp Steel USA in Calvert, Ala., said it will shut down operations by 6 p.m. on 27 August 2012 due to Tropical storm Isaac.

Severstal Launches Reconstruction of Gas-Cleaning Units at Cherepovents

27 August 2012 - OAO Severstal announced that its Cherepovets steel mill, one of the world’s largest integrated steelmaking plants and part of the Severstal Russian Steel division, has launched the reconstruction of its gas-cleaning units.

Tree Island Richmond BC Union Local Given Mandate to Serve 72-Hour Strike Notice

27 August 2012 - Teamster employees at Tree Island Industries's British Columbia, Canada manufacturing facility have voted to give their union authority to serve 72-hour strike notice should negotiations over a new labor agreement not be achieved.

Nucor Announces Sale of Wire Products Facility In Pennsylvania

27 August 2012 - Nucor Corporation has completed the sale of the assets of its Nucor Wire Products Pennsylvania facility located in New Salem, Pa., to an affiliate of Wire Mesh Corporation.

U. S. Steel Canada Recalls Workers, Plans Hiring Blitz

27 August 2012 - U.S. Steel has recalled all of its laid-off Hamilton workers and is posting plans to hire another 72 staff for its Canadian operations, the Hamilton Spectator reported.

Keystone Steel & Wire Recognized for Company-Wide Recycling Program

27 August 2012 - Keystone Steel & Wire was recently chosen to receive the 2012 Steel Manufacturers Association Achievement in Environmental Stewardship and Recycling Award.

Gerdau Reuses More Than 220 Billion Gallons of Water in the First Half of 2012

27 August 2012 - Gerdau, leading producer of long steel in the Americas and one of the leading suppliers of special steel in the world, has reached a world milestone by reusing 220 billion gallons of water in the first half of 2012.

Report: ThyssenKrupp Wants Plant Offers by 28 September

24 August 2012 - ThyssenKrupp AG is inviting non-binding offers of purchase by 28 September for its plants in Calvert and Brazil, according to Brazil's Valor Economico business newspaper, as reported by Dow Jones Newswire.

voestalpine Takes the Next Step in Its Expansion Strategy in the U.S.

23 August 2012 - In the next several years, voestalpine will be investing more than €100 million in new plants in China, the U.S., South Africa, Romania, and Germany as part of a comprehensive globalization strategy in the automotive sector. Now the first concrete step is being taken overseas. A production facility is being erected in the U.S., with a construction budget of €50 million.

Essar Steel Minnesota Announces Project Accomplishments

23 August 2012 - Essar Steel Minnesota announced major achievements for its iron ore mining and taconite pellet plant: during a tour of the site with IRRRB members, company spokespeople announced that they’ve secured over a billion dollars in project financing, the amount needed for their initial production of 4.1 million tons per year of taconite pellets.

voestalpine Steel Service Center Romania Opens For Business

23 August 2012 - A major milestone was celebrated on 23 July 2012 in Giurgiu, Romania: the start of production operations at voestalpine Steel Service Center Romania SRL.

Italian Court Confirms Production Halt at Steel Plant

22 August 2012 - An Italian court said steel plant ILVA would have to clean up pollution caused by noxious emissions before it could resume production, according to documents on Monday 20 August which explained a ruling placing parts of the site under special administration.